News brief: Big stories of the day

WION Web Team New Delhi, Delhi, India Jul 12, 2019, 08.48 AM(IST)

File photo. Photograph:( Reuters )

Story highlights

Read the five big stories of the day.

If Facebook's Libra wants to become a bank, it must seek new banking charter: Trump

US President Donald Trump on Thursday criticised Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations if they wanted to "become a bank."

US House of Representatives Speaker Nancy Pelosi praises PM Modi's oratory skills, says he had 'audience in the palm of his hands'

US House of Representatives Speaker Nancy Pelosi on Thursday was all praises for Prime Minister Narendra Modi's oratory skills, saying the Indian leader is "spectacular" and had the people in the "palm of his hands".

It's England vs New Zealand in final: On July 14, the world will see a new cricket champion

The world will see a new cricket champion as it's New Zealand vs England in the Cricket World Cup 2019 final. Both the teams have entered the final in pursuit of a maiden title. 

Dow ends above 27,000 points for first time, S&P 500 hits record on Federal Reserve rate cut optimism

Wall Street stocks set new records Thursday for a second straight session, with the Dow finishing above 27,000 points -- a first -- over an expected Federal Reserve interest rate cut later this month.

Air Canada hits turbulence; several injured as plane makes emergency landing

Shocked passengers described being tossed around an Air Canada passenger jet as it hit a pocket of turbulence on its way to Australia on Thursday and was forced to make an emergency landing.