Monthly Archives: July 2017

US growth accelerates; Tesla delivers Model 3; Jack Ma’s promise of a million jobs

1 US growth accelerates (BBC) The US economy gathered speed in the second quarter of the year, growing at an annualised pace of 2.6%. The pick-up was helped by consumer spending in the quarter expanding at a pace of 2.8%, … Continue reading

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Cloud earns big profit for Microsoft; Change management as a precise science; Oil declines as supplies surge

1 Cloud earns big profit for Microsoft (khaleej Times) Microsoft reported that its quarterly earnings was lifted on the back of its shift to focusing on computing services hosted in the Internet cloud. The US technology giant said it made … Continue reading

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AI could double Singapore growth rate by 2035; Tight budgets trigger lipstick sales; Netflix subscribers cross 100m

1 AI could double Singapore growth rate by 2035 (Straits Times) Artificial intelligence (AI) could nearly double Singapore’s annual economic growth rates by 2035, according to research by global professional services firm Accenture. The research also found that Singapore is … Continue reading

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Robot advisers to rock investment world; Govts must invest in 4th industrial revolution; Federer’s 8th Wimbledon crown

1 Robot advisers to rock investment world (Goh Eng Yeow in Straits Times) Robo advisers may prove the biggest game changer in the world of investing, playing a key role in shaping people’s financial future. Robo advisers (robos for short) … Continue reading

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Iraq claims Mosul victory; Rental bargains in Dubai; When one job doesn’t pay the bills

1 Iraq claims Mosul victory (Straits Times) The loss of its two largest cities will not spell a final defeat for the Islamic State in Iraq and Syria – also known as ISIS and Daesh – according to analysts and … Continue reading

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US jobs growth faster than forecast; South Africa sees retail job losses; GM back as US’ most valued carmaker

1 US jobs growth faster than forecast (BBC) US employment rose by more than expected last month, but wage growth remained subdued, latest figures show. The economy added 222,000 jobs in June, the US Department of Labor said, and job … Continue reading

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Record quarterly profit for Samsung; Untreatable ‘superbug’ spreading; A robot waitress in Pakistan

1 Record quarterly profit for Samsung (BBC) Samsung Electronics has posted its biggest ever quarterly profit thanks to surging global demand for memory chips. The South Korean tech giant reported an operating profit of $12bn in the three months to … Continue reading

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