The manufacturing industry could be transformed by 3-D printing, but business owners don’t understand the technology, slowing its adoption, according to Adrian Keppler, CEO of industrial technology services player EOS. “People don’t understand it, and they have a hard time understanding what it means for their business,” he told CNBC’s “The Rundown” on Thursday. The […]
Read moreSellers in Singapore have pulled counterfeit Lego sets featuring ISIS militants off their shelves, The Straits Times reported on Wednesday. The made-in-China toys were sold on and offline, and at local online marketplace Carousell, the newspaper reported. The sets were recommended for children between six and 12. Lego did not respond immediately to CNBC’s emailed […]
Read moreCurrency, United States Finance
Brexit negotiations ‘could fall apart at any time,’ says former Bank of England policymaker
Ongoing talks between the U.K. and the European Union could break down at any point, according to a former member of the Bank of England. This is because the way that Brexit talks have been planned is actually denying the chances of a successful outcome, DeAnne Julius, founding member of the Bank of England’s Monetary […]
Read moreU.S. companies are concerned about the Trump administration’s shift to focus on bilateral trade deals, rather than multilateral ones, said Tara Joseph, president of the American Chamber of Commerce in Hong Kong. “Individual deals, bilateral deals could actually take a lot of time to complete,” she told CNBC’s “Squawk Box” on Thursday. President Donald Trump […]
Read moreOnfido, a start-up that provides online identity management for services such as banking, has raised $30 million with Microsoft among the investors. The U.K. company allows other businesses to verify people online. For example, a banking app might ask a user to take a picture of his government identification, then take a selfie. Onfido’s software […]
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European stocks seen higher on Trump’s tax plans; BOE’s Carney due to speak
Markets in Europe are set for a higher open on Thursday morning after President Donald Trump unveiled much-awaited tax plans. The FTSE 100 is seen higher by 5 points at 7,314; the CAC 40 is set to start 8 points higher at 5,289 and the DAX 30 is expected to begin the trading day up […]
Read moreChina’s commerce ministry said on Thursday that its months-long crackdown on intellectual property rights violations was not a response to probes by other countries as it also vowed boost imports to balance trade flows. Protection of intellectual property rights is important to China, ministry spokesman Gao Feng told reporters at a regular briefing in Beijing. […]
Read moreNew Delhi is expected to purchase two dozen unarmed drones from the United States to monitor growing Chinese activity in the Indian Ocean. President Donald Trump’s administration authorized the sale in June, with the price tag estimated at $3 billion, according to defense researcher Jane’s by IHS Markit. The U.S. approval was the first such […]
Read moreHugh Hefner, the iconic founder of Playboy magazine, died at his home, the Playboy Mansion, of natural causes at age 91, Playboy Enterprises said in a statement on Wednesday. Playboy magazine was founded more than 60 years ago to create a niche upscale men’s magazine, combining images of nude women with in-depth articles, interviews and […]
Read moreToyota, Mazda and parts maker Denso are planning to set up a joint venture to develop electric vehicles, sources familiar with matter said. Toyota, Japan’s biggest automaker, agreed to take a 5 percent stake in smaller rival Mazda in August and the two have flagged plans to jointly develop electric vehicle technologies. A formal announcement […]
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