People who drink three or four cups of coffee every day could significantly reduce the chances of early death, a new study suggests. A review of more than 200 studies found coffee consumption was “more often associated with benefit than harm,” adding even people who drank as many as seven cups of coffee were likely […]
Read moreRegulators around the world are probing a massive data breach at ride-hailing service Uber and its apparent role in covering it up. On Tuesday, Uber disclosed that hackers stole data from 57 million riders and drivers in an attack that happened in 2016. The company paid the hackers $100,000 to delete the data and keep […]
Read moreChinese equities saw heavy losses Thursday following new liquidity rules in the country and as global investors opted for safe-haven assets like sovereign bonds. The Shenzhen composite closed down 2.9 percent and the tech-heavy Chinext composite lost 2.77 percent. The Shanghai composite dropped 2.2 percent with the technology, consumer non-cyclical and health-care sectors recording the […]
Read moreGerman engineering and steel group Thyssenkrupp posted its highest order intake in five years on Thursday, boosted by record demand for its elevators and components for the car and construction sectors. Order intake rose 18 percent to 44.29 billion euros ($52.34 billion) in the group’s 2016/17 financial year. Adjusted earnings before interest and tax (EBIT) […]
Read moreChinese artificial intelligence start-up SenseTime Group is planning an initial public offering (IPO) and aims to open a research and development (R&D) centre in the United States as early as next year, its founder told Reuters in an interview. The Hong Kong and Beijing-based deep learning company founded by Tang Xiaoou, a professor at the […]
Read moreEuropean equities are poised to open lower on Thursday following a mixed closed in the U.S. and expected lower trading flows due to Thanksgiving. The FTSE 100 is seen down by 4 points at 7,401; the DAX is set to start lower by 37 points at 12,972; and the CAC 40 is set to open […]
Read moreA major robotic disruption appears set to hit the tea industry, putting at stake the livelihoods of millions of mostly low-wage workers around the world, according to the CEO of a global beverage business. At Sri Lankan tea company Dilmah, tea picking — a fundamental step in the production process — has been handled largely […]
Read moreSouth Korea is considering scrapping a regular military exercise with U.S. forces next year to minimize the risk of an aggressive North Korean reaction during the Winter Olympics in the South, the Yonhap news agency reported on Thursday. North Korea denounces regular military exercises between South Korean and U.S. forces as preparations to invade it, […]
Read moreSingapore’s economy grew much faster than initially estimated in the third quarter, and blew past analysts’ expectations, buoyed by strength in manufacturing activity. The economy grew 8.8 percent in July-September from the previous quarter on an annualised and seasonally adjusted basis, the Ministry of Trade and Industry (MTI) said in a statement onThursday. The government’s […]
Read moreThe world’s second-largest economy raised its hand this week to help halt the ongoing ethnic cleansing in Myanmar. But it’s not just altruism: China has an eye on ensuring stability for its hefty investments in the region. In the wake of rising brutality against Rohingya Muslims, an ethnic minority in Buddhist-majority Myanmar, China proposed a […]
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