Monthly Archives: April 2017

Weakest quarter for US economy in 3 years; Profits rise for US tech giants; China manufacturing slows

1 Weakest quarter for US economy in three years (The Guardian) The US economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result repeats a pattern that has characterized … Continue reading

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Bumper profits for Alphabet, Amazon; The rise of inequality; Why going to university is still worth it

1 Bumper profits for Alphabet, Amazon (Martin Farrer in The Guardian) A slew of large tech companies including Google parent Alphabet and Amazon have reported better than expected bumper profits, promising to boost the Nasdaq index to fresh highs. The … Continue reading

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Tech disruption pain to last long, says Jack Ma; ‘We are a long way from the boom time of 2007’; Google home assistant recognises voices

1 Tech disruption pain to last long, says Jack Ma (Straits Times) Alibaba Group Holding chairman Jack Ma said society should prepare for decades of pain as the Internet disrupts the economy. The world must change education systems and establish … Continue reading

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India to be third largest consumer market by 2025; Over 200,000 England homes lie vacant; Flying car to go on sale

1 India to be third largest consumer market by 2025 (Issac John in Khaleej Times) Rising affluence will enable India to emerge as the third-largest consumer market by 2025, prompting companies to adapt their business models for meeting the changing … Continue reading

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China, EU plan closer engagement; Facebook for brain-control of computers; One in four young Aussies in distress

1 China, EU for closer engagement (San Francisco Chronicle) Top diplomats from China and the European Union have pledged closer cooperation, highlighting their common interests in peace and security and pushing a message of free trade and open engagement in … Continue reading

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IMF sees global economic growth picking up; Theresa May pushes Britain into snap poll; Singapore, German passports most powerful

1 IMF sees global economic growth picking up (BBC) The world economy seems to be gaining momentum, according the chief economist of the International Monetary Fund. Maurice Obstfeldt said “we could be at a turning point”. The report forecasts global … Continue reading

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China Q1 growth at 6.9%; Saudi seeks 10% renewable energy in six years; Older people and the ‘wealth mountain’

1 China Q1 growth at 6.9% (San Francisco Chronicle) China’s economic recovery is gaining momentum, with growth ticking up to a 6.9 percent annual pace in the first three months of the year, lifted by government stimulus and a property … Continue reading

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