Monthly Archives: July 2016

US economy inches ahead; Eurozone growth halves; World is still wild about Harry Potter

1 US economy inches ahead(Jana Kasperkevic in The Guardian) The US economy grew at an annual rate of just 1.2% from April to June, as cut backs by businesses wiped out a rise in consumer spending. The lower-than-expected figure is … Continue reading

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Alphabet beats earnings forecast; Amazon boss is third richest man; Globalisation, as we know it, is over

1 Alphabet beats earnings forecasts (San Francisco Chronicle) Alphabet Inc. on Thursday reported second-quarter earnings of $4.88 billion. The California-based company said it had profit of $7 per share. Earnings, adjusted for stock option expense, came to $8.42 per share. … Continue reading

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Samsung boosted by smartphone sales; After Brexit, negative interest rate looms; Facebook user numbers grow

1 Samsung boosted by smartphone sales (BBC) Strong smartphone sales have helped Samsung Electronics post its best quarterly results in more than two years. Second-quarter operating profit jumped 18% to 8.1tn Korean won ($7.17bn), in line with the company’s guidance … Continue reading

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Historic nomination for Hillary Clinton; iPhone sales fall again; The new age of uncertainty

1 Historic nomination for Hillary Clinton (San Francisco Chronicle) Taking her place in history, Hillary Clinton has become the first woman to lead a major party toward the White House, a triumphant moment for Democrats to relish before plunging into … Continue reading

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Solar plane completes world trip; ‘Superbook’ as the office-in-pocket; Dutch are the world’s tallest

1 Solar plane completes world trip (Damian Carrington in The Guardian) Solar Impulse 2 has completed the first round-the-world flight by a solar-powered aeroplane, after touching down in Abu Dhabi early on Tuesday. The final leg of the feat, aimed … Continue reading

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UK explores free trade deal with China; How hesitation is stifling global economy; Jeep celebrates 75th anniversary

1 UK explores free trade deal with China (Kamal Ahmed on BBC) Chancellor Philip Hammond has begun discussions with China on an ambitious free trade deal which could see greater access for major Chinese banks and businesses to the UK … Continue reading

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IMF wants more govt spending as rate cuts lose impact; Climate change as dangerous as terrorism; North Korea economy shrinks most in 8 years

1 IMF wants more govt spending as rate cuts lose impact (The Guardian) The International Monetary Fund has called on G20 nations to boost government spending as the impact of ultra-low interest rates begins to reach its limits in developed … Continue reading

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