Monthly Archives: June 2017

Stocks flying, oil crying at 2017 halfway; ‘Hearables’ market set to take off; OED lists zyzzyva as last word

1 Stocks flying, oil crying at 2017 halfway (Khaleej Times) World stocks could be about to record their best start to a year since 1998, when global markets were recovering from the Asian crisis, while oil and the dollar are … Continue reading

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WhatsApp rises as news media; Opec caught in oil bear market; Uber to run McDonald’s UK deliveries

1 WhatsApp rises as news media (Leo Kelion on BBC) WhatsApp is becoming one of the prevailing ways people discover and discuss news, according to a study. But use of the messaging app appears to vary widely between countries. In … Continue reading

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Smartphones may be cause for low inflation; Qatar Airways seeks 10% in American Airlines; Divorce rate falls as couples wait

1 Smartphones may be cause for low inflation (Khaleej Times) Americans’ love of their smartphones and apps may be contributing to the sluggish pace of inflation that is worrying Wall Street and the Federal Reserve, a top bond manager at … Continue reading

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Oil slips to 9-month low; Ford to move US unit to China; FB ‘bots’ start communicating sans humans

1 Oil slips to nine-month low (Straits Times) Oil tumbled to the lowest level in nine months, pulling energy stocks down, amid growing concerns that Opec-led output cuts are failing to ease a global supply glut. Futures declined 2.2 per … Continue reading

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India, China top remittance receivers; Jaguar Land Rover to hire 5,000; First flying car in 2018

1 India, China get most remittances (Cleofe Maceda in Gulf News) Families and dependents in Asia remain the biggest beneficiaries of money sent home by expatriates working in the UAE and around the world, with India, China, Philippines and Pakistan … Continue reading

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Japan’s biggest bank to cut 10,000 jobs; Spotify hits more than 140m users; Amazon to buy Whole Foods Market

1 Japan’s biggest bank plans to cut 10,000 jobs (Straits Times) Japan’s biggest bank is set to undergo the most dramatic reduction in headcount since it was formed after the nation’s banking crisis shook the industry almost 20 years ago. … Continue reading

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US Fed hikes rates; Mini helicopters to challenge flying cars; Qatar pulls out troops from Africa

1 US Fed hikes rates (BBC) The US Federal Reserve has said it would raise its key interest rate by 0.25%, the second rise this year. The central bank voted to raise its key rate target to a range of … Continue reading

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