For centuries, innovation in education has been led by powerful and influential countries. That could be set to change, however, with today’s developing nations primed to lead the charge. “It is likely that we could see the transformation of education systems occurring first in developing countries,” said William Altman, tech industry analyst at CB Insights. […]
Read moreThe United States is expected to authorize India’s purchase of a naval variant of the Predator drone, two sources familiar with the situation said, ahead of a visit next week by Indian PrimeMinister Narendra Modi to try to revitalise ties in his first meeting with President Donald Trump. Securing agreement on the purchase of 22 […]
Read moreIt’s summer, and trading is light, but here’s something that might perk your interest: Friday is usually the heaviest volume day of the year. It’s the annual Russell Reconstitution, the day when the Russell indexes are rebalanced. There’s $8.5 trillion in asset benchmarked to or invested in products based on the Russell U.S. indexes. Why […]
Read morePowerful mini-crossbows that shoot toothpicks and needles are the new must-have toy for schoolkids across China — and a nightmare for concerned parents and school officials. Several cities including Shenzhen and Qingdao have reportedly banned sales of the palm-sized contraptions, which sell for about $1 and are powerful enough to puncture soda cans, apples and […]
Read moreThis article is part of a “Reporter’s Notebook” series, wherein CNBC journalists submit tales and observations from the field. Many unsung heroics took place during last month’s Asia-Pacific Economic Cooperation (APEC) trade ministers’ summit in Hanoi. There were diplomats and officials working feverishly behind the scenes to keep globalization alive — and then there was […]
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North Korea tests rocket engine, possibly for intercontinental ballistic missile, say US officials
North Korea has carried out another test of a rocket engine that the United States believes could be part of its program to develop an intercontinental ballistic missile, a U.S. official told Reuters on Thursday. The United States assessed that the test, the latest in a series of engine and missile tests this year, could […]
Read moreKentucky-based software company Advanced Solutions has developed what it calls the world’s first 3D human tissue printer that operates on a six axis robot. Called the BioAssemblyBot, the machine is the second generation of 3D printers focused on producing biomedical materials intended to revolutionizing healthcare. The goal is to 3D print human organs, Advanced Solutions […]
Read moreRecent elections have shown that likes and shares on social media giant Facebook are translating into votes for political parties at an increasing rate. But while Facebook is “one of the, if not the most important channel” of the media, there are “massive question marks” about the transparency of political parties and campaign groups’ usage […]
Read moreTheresa May offered fellow EU leaders a “fair” deal on Thursday for compatriots living in Britain after Brexit, though her peers sounded skeptical and demanded more detail from a prime minister weakened by an electoral misfire two weeks ago. Given the floor for 10 minutes at the end of a Brussels summit dinner, her first […]
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Sterling weakness strengthens case for UK rate rise, says BOE policymaker
Bank of England policymaker Kristin Forbes said on Thursday she feared the pound‘s weakness would have a lasting upward effect on inflation, and that she was concerned central banks were becoming more reluctant to raise rates than in the past. Forbes – whose three-year term on the BoE’s Monetary Policy Committee ends next week – […]
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