ON JULY 1st Hong Kong marked 20 years of mainland rule with a rare visit from Xi Jinping, the Chinese premier. Mr Xi arrived on an Air China flight from Beijing. The next visit by a Chinese president is unlikely to take place until 2022, when Hong Kong will be half way through its 50-year […]
Read moreBillionaire Elon Musk has revealed the next step for his Boring Company tunneling start-up: an elevator. Musk, who is also the CEO of SpaceX and Tesla, came up with the idea of the Boring Company in December after he tweeted that traffic was driving him “nuts”. His vision is to build a series of tunnels […]
Read moreJerome Dubois and Rylan Hamilton were two executives at Kiva Systems, a robotics company that Amazon bought for $775 million in 2012. Within a couple of years of that deal, Amazon took the Kiva robots off the market, rebranded the division as Amazon Robotics, and wielded a big competitive advantage over other logistics businesses and […]
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The U.K. economy grew 0.3 percent in the second-quarter of this year, in line with expectations. However, the Office for National Statistics noted a “notable slowdown” in the first half of 2017. The U.K. had grown at a pace of 0.2 percent in the first quarter of this year. The slight uptick in the British […]
Read moreNintendo swung to profit in its financial first quarter, beating analyst expectations, boosted by a strong performance from its new Switch console and hit new Mario and Zelda games. The Japanese electronics giant reported the following results: Revenue of 154.07 billion yen ($1.37 billion) versus expectations of 136.53 billion yen Operating profit of 16.21 billion […]
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Any Russian response to fresh sanctions from the U.S. is unlikely to cause any major harm for American investors and could merely be a symbolic gesture, according to one political analyst. Moscow stepped up its war of words against Washington Wednesday after the U.S. House of Representatives voted overwhelmingly in favor of imposing new sanctions. […]
Read moreItaly’s biggest lender UniCredit has suffered attacks on client data, with around 400,000 of its Italian customers affected by unauthorised accesses of data, potentially including personal andbank account details, it said on Wednesday. No passwords were stolen in the attacks, which first occurred in September and October last year and then again in June and […]
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The center-right party of Italian politician and ex-Prime Minister Silvio Berlusconi is leading voter polls in the country and could now be central to forming a new government in elections looking likely in early 2018, according to analysts. Despite a political career that has been plagued by corruption allegations and sex scandals, Berlusconi is seeing […]
Read moreThe circumstances that brought down Malaysia Airlines flight MH370 remain one of the world’s greatest aviation mysteries, but the carrier’s chief executive said he believed a breakthrough can be made within the next four years. The plane, a Boeing 777, was carrying 239 people en route to Beijing from Kuala Lumpur when it vanished from […]
Read moreSperm counts in men from America, Europe, Australia and New Zealand have dropped by more than 50 percent in less than 40 years, researchers said on Tuesday. They also said the rate of decline is not slowing. Both findings — in a meta-analysis bringing together various studies — pointed to a potential decline in male […]
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