Pollution kills at least 9 million people every year and “threatens the continuing survival of human societies,” according to research from a new landmark study. In 2015, almost one in six deaths – an estimated 9 million globally – were found to relate to pollution in some form. The research, published Thursday in The Lancet […]
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Europe set to open higher, as investors look to earnings, political developments
European markets are expected to open higher Friday, as earnings season and political turbulence in the region continues to dominate discussion. Looking to the major bourses, the U.K.’s FTSE 100 is expected to open 30 points higher at 7,552, while the German DAX is set to start on a positive note, up 58 points at […]
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A huge change is coming in Brussels — it could be crucial for the euro zone
There’ll be some big political changes taking place inside the inner chambers of the EU over the next few months, as officials decide who’ll take key roles at the helm of the euro zone bloc. Behind closed doors some names have started to emerge with the incumbents set to step down at the end of […]
Read moreGerman Chancellor Angela Merkel offered one of her most positive assessments of Brexit talks in months on Thursday, saying she believed negotiations between the EU and Britain were moving forward and dismissing the prospect of a breakdown. Merkel made her comments after the first day of a European Union summit at which British Prime Minister […]
Read moreReports that President Donald Trump is leaning toward Federal Reserve governor Jerome Powell to be the next chairman of the Fed sent buyers into stocks and bonds on the view that he would be a safe bet who would not veer much from current Fed policy. Whether hawk or dove, the next Fed chair is […]
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THE proposal to sell shares in Saudi Aramco, the world’s biggest oil company, stunned the financial markets last year. Muhammad bin Salman, now Saudi Arabia’s crown prince, promised that it would be the biggest initial public offering (IPO) of all time, valuing Aramco at $2trn. It was to be the centrepiece of his plan to […]
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LIKE an airliner in service, Bombardier’s C-Series programme has had multiple highs and lows. In 2008 the Canadian firm began its attempt to break Airbus and Boeing’s duopoly on smaller jets, spooking the pair into upgrading their own models. Costs and delays pushed it near bankruptcy in 2015, followed by a bail-out from the Quebec […]
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IN A cosmetics emporium in central Seoul, rows of snail-slime face-masks sit untouched. Not long ago, visiting Chinese tourists would snap these up as avidly as a designer handbag in New York or anything from London featuring the Queen. Yet now their rejuvenating properties are failing to lure the country’s shoppers. Seo Sung-hae, a salesman, […]
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AS DISTRESSED assets go, the Weinstein Company (TWC) is uniquely distressing. Much of its value was bound up in the brands of its eponymous founding brothers, one of whom, Harvey Weinstein, has been accused of sexual harassment and of assault by dozens of women in the film industry in America and elsewhere. Amazon Studios, Apple […]
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ALL great aviation ventures start with mavericks willing to defy both the laws of physics and the scepticism of their peers. William Boeing, Oleg Antonov and Howard Hughes are some of the best-known examples. Next, perhaps, is Amol Yadav, who for much of the past decade has been building aeroplanes on the roof of the […]
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