Facebook will also create a new subsidiary, Calibra, to build a digital wallet for people to store and exchange the currency using apps.Technologyread more
Experts expect Facebook's cryptocurrency venture to alleviate some security issues, while introducing new ones.Cybersecurityread more
European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher on Tuesday as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
An earthquake hit the tourist-packed Italian holiday island of Ischia on Monday night, collapsing buildings, killing at least two people and injuring dozens, officials said.
Residents and tourists on the island off the coast of Naples ran out on to the narrow streets from homes and hotels. Fearing aftershocks, many decided to leave the island early.
Television images showed about six buildings in the town of Casamicciola including a church had collapsed in the quake, which hit at 8:57 p.m. (1857 GMT).
The quake hit a few days before the first anniversary of a major quake that killed nearly 300 people in central Italy, most of them in the town of Amatrice.
Italy's National Institute of Geophysics and Vulcanology put the magnitude of Monday's quake at 4.0, revising it up from an initial 3.6, but both the U.S.
Geological Survey and the European quake agency estimated the magnitude at 4.3.
The director of the island's hospital said two people were killed and about 40 injured. One of victims was killed when she was hit by falling masonry from the church of Santa Maria del Suffragio, the Civil Protection Department in Rome said.
Most of the damage was in the high part of the volcanic island. Hotels and residences on the coast did not appear to suffer serious damage.
Helicopters and a ferry boat brought in more rescue workers from the mainland.
Three extra ferries were provided during the night for about 1,000 residents and tourists who wanted to leave. As daylight broke, dozens of people went to the island's four ports, having decided to end their vacations early.
A few people were pulled out alive from the rubble, including a seven-month-old baby. A few others, including two children, were located still alive and rescuers were working to free them, according to media.
Roberto Allocca, a doctor from a local hospital, told Sky TG24 television that about 25 people had been treated for minor injuries. Most of the hospital had been evacuated and the injured were treated outside. Some civil protection squads were already on the island because of
Ischia, an volcanic island about a one-hour ferry ride from Naples, is popular with German tourists. German chancellor Angela Merkel has stayed there often.