Monthly Archives: March 2017

Elon Musk floats brain electrode firm; Big rise in visitors to UK; Singapore staff seen least engaged

1 Elon Musk floats brain electrode firm (BBC) Tesla chief executive Elon Musk has launched Neuralink, a start-up which aims to develop technology that connects our brains to computers. A report from the Wall Street Journal said the company was … Continue reading

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Trump dumps Obama climate change policies; Tough to stay rich without manufacturing; BlackRock bets on tech, cuts jobs, fees

1 Trump dumps Obama climate change policies (BBC) President Donald Trump has signed an executive order rolling back Obama-era rules aimed at curbing climate change. The president said this would put an end to the “war on coal” and “job-killing … Continue reading

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Cloudy future for EU; Populism as a result of global economic failure; Gender equality at work may take years to realise

1 Cloudy future for EU (Jonathan Eyal in Straits Times) The past 60 years were about Europe’s glory; the next 60 could well be about Europe’s survival. The European Commission, the bloc’s executive body, released earlier this month a White … Continue reading

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China sees globalisation ‘unstoppable’; Eurozone growth near six-year high; When shrinkflation bites

1 China sees globalization ‘unstoppable’ (Gulf News) Chinese Vice-Premier Zhang Gaoli told a gathering of Asian leaders that the world must commit to multilateral free trade under the World Trade Organisation and needs to reform global economic governance. Negotiations on … Continue reading

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Negative interest rates hit European banks; Fresh oil glut predicted; FTSE 100 CEOs earn 386 times average worker

1 Negative interest rates hit European banks (BBC) Swiss bank UBS will start charging customers who deposit more than a million euros, as negative interest rates hit banks’ profits. The annual 0.6% charge will take affect from May. UBS already … Continue reading

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Opec mulls oil cut extension; Older working women number doubles; World’s youngest new billionaires

1 Opec mulls oil cut extension (Khaleej Times) Opec oil producers increasingly favour extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russia and other non-members need to remain part … Continue reading

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Climate change takes world to uncharted territory; Gates tops Forbes rich list; Robo-advisor to give investment advice

1 Climate change puts world in uncharted territory (Damian Carrington in The Guardian) The record-breaking heat that made 2016 the hottest year ever recorded has continued into 2017, pushing the world into “truly uncharted territory”, according to the World Meteorological … Continue reading

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China reaffirms anti-protectionist stand; US school changes map to end 500 years of distortion; Camel as the new cash cow

1 China reaffirms anti-protectionist stand (Gulf News) China opposes various forms of trade protectionism and supports free trade, Vice-Premier Zhang Gaoli said on Sunday, reaffirming Beijing’s stance amid worries over weak global demand. “China is willing to work with other … Continue reading

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Innovation, not manufacturing, is the multiplier; Signs of startup bubble fizzling; Rock ‘n’ roll pioneer Chuck Berry no more

1 Innovation, not manufacturing, is the multiplier (Noah Smith in Gulf News) Changes in the US industrial mix, and in technology itself, mean there’s no going back to the economy of yesteryear. In his book, ‘The New Geography of Jobs’, … Continue reading

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UK passes Brexit bill; Intel takes $15bn bet on driverless cars; The real money in virtual reality

1 UK passes Brexit bill (Anushka Asthana, Rowena Mason & Lisa O’Carroll in The Guardian) Theresa May’s Brexit bill has cleared all its hurdles in the Houses of Parliament, opening the way for the prime minister to trigger article 50 … Continue reading

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