Monthly Archives: July 2015

US growth picks up to 2.3%; Shell and Centrica cut 12,000 jobs; How not to be too busy for one’s own good

1 US growth picks up to 2.3% (BBC) The US economy grew at an annualised pace of 2.3% in the three months to June. The figure – the first estimate of growth in the second quarter – followed an upwardly … Continue reading

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Half of online world use Facebook; England bankruptcies lowest in 15 years; Whitney Houston and virtual heir apparents

1 Half of online world use Facebook (Katie Hope on BBC) Half the world’s estimated online population now check into social networking giant Facebook at least once a month. Facebook said the number of people who check into the social … Continue reading

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IMF warns of gloomy Eurozone outlook; China keeps buying shares as markets tank again; UAE moves to subsidy-free oil regime

1 IMF warns of gloomy Eurozone outlook (Katie Allen in The Guardian) The International Monetary Fund has warned the eurozone faces a gloomy economic outlook thanks to lingering worries over Greece, high unemployment and a banking sector still battling to … Continue reading

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Tough times for global mining industry; Africa cannot choose between democracy and security; UN restores Timbuktu’s destroyed mausoleums

1 Tough times for global mining industry (Nils Pratley in The Guardian) The party is over in the mining industry – again. There is a strong whiff of 2009, the year after the great financial crisis. Almost every commodity is … Continue reading

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WTO’s ‘landmark’ IT trade deal; New York’s $15 per hour world’s highest minimum wage; New skills for the changing workplace

1 WTO’s ‘landmark’ IT trade deal (BBC) The World Trade Organisation (WTO) has struck a “landmark” deal to cut tariffs on $1.3 trn worth of technology products. The deal will update the 18-year-old IT Agreement and add 200 products to … Continue reading

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Record third quarter for Apple; US tech rally seen unraveling; Toshiba scandal mars Japan corporate governance image

1 Record third quarter for Apple (Katie Hope on BBC) Apple has posted a record third quarter as soaring demand for iPhones sent profits higher. The technology giant sold 47.5 million iPhones in the quarter to 27 June, up 35% … Continue reading

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Euro as the ‘New’ Coke of currencies; IBM sales drop for 13th straight quarter; Why parents push kids into the rat race

1 Euro as the ‘New’ Coke of currencies (Larry Elliott in The Guardian) The date 23 April 1985 was a momentous day in the life of the Coca-Cola corporation. For years, the company had been planning a new drink to … Continue reading

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