While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
Billionaire businessman George Soros has spoken out against the "deeply troubling developments" in his native Hungary, where the right-wing government is using his image for a $12.9 million anti-immigration election campaign.
The billboard campaign casts Soros, a Jewish survivor of the Nazi occupation, as a supporter of illegal immigration, and runs with the slogan: "Let's not let Soros have the last laugh."
In a note issued on behalf of Soros on Tuesday, the philanthropist, who has donated some $400 million to Hungary, condemned the campaign that he said was reminiscent of "Europe's darkest hours."
The campaign was launched last week and despite attracting widespread criticism for its perceived Nazi-era anti-Semitic messages, Soros had refrained from speaking publically on the issue.
The ruling Fidesz party, led by Prime Minister Viktor Orban, rejects the claims of anti-Semitism and argues that the goal of the campaign is to stop Soros' migrant campaign.
Soros is an advocate of helping developing countries cope with the growing migrant crisis and has said that Europe should accept "several hundred thousand fully-screened refugees through an orderly process of vetting and resettlement."
Orban has claimed that these plans would remove control from the Hungarian government and place it in the hands of Brussels – an issue of major contention across a number of European states.
However, the note claims that the government has "willfully misrepresented" Soros' views to further its political agenda.
"As a survivor of the Holocaust who hid from the Nazis in Budapest and later was himself a refugee, Soros knows first-hand what it means to be in mortal peril," the note released on his behalf said.
"He carries the memory of the international community's rejection of Jewish refugees fleeing the Nazis. … It is from the crucible of those experiences that his empathy for refugees from war-torn Syria and elsewhere was born," it adds.
"Soros's position is entirely consistent with mainstream European values. The claim that Soros is promoting a scheme to import a million illegal immigrants into Europe is Victor Orban's fantasy."
Soros has become an increasing target of government criticism before the April 2018 election in Hungary.
Orban, once a beneficiary of Soros' university grant program, has long clashed with the billionaire investor. In April, the pair came to loggerheads amid moves by Orban to shut down the Central European University, the school founded by Soros.
Orban has also been attempting to tighten the rules which govern nongovernmental organizations, many of which have been beneficiaries of the some $400 million donated by Soros to support justice, education and human rights in Hungary.
In a weekend statement, Israel's ambassador to Hungary denounced the government's campaign, saying it "evokes sad memories but also sows hatred and fear." But hours later, Israel's foreign ministry issued a "clarification" saying that Soros was a legitimate target for criticism.
"In no way was the statement (by the ambassador) meant to delegitimize criticism of George Soros, who continuously undermines Israel's democratically elected governments," said foreign ministry spokesman Emmanuel Nahshon.
The statements were made days before Israeli Prime Minister Benjamin Netanyahu visits Hungary.
A spokesman for Soros' Open Society Foundations did not immediately respond to a request for comment, Reuters said.
— The Associated Press and Reuters contributed to this story.
Follow CNBC International on and Facebook.