The European Union is in its strongest position in a decade, but it must act quickly to capitalize on this and avoid past shortcomings, the President of the European Commission Jean-Claude Juncker has said. Delivering his keynote State of the European Union address Wednesday, Juncker outlined a number of measures the union must implement in […]
Read moreEuropean markets were set to open lower on Wednesday morning, despite record highs on Wall Street following the release of Apple‘s latest iPhone. Britain’s FTSE 100 is seen 14 points lower at 7,391; the German DAX is expected to open down by around 18 points at 12,505 and the French CAC is poised to open […]
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Global oil demand to exceed expectations in 2017, says IEA; OPEC cuts supply
Global oil demand is set to accelerate faster than anticipated this year, according to the International Energy Agency (IEA), which has revised up its 2017 growth estimates. Strong second-quarter demand has buoyed oil markets, which have been struggling to rebalance as a supply glut has weighed heavily on prices, the IEA said in its September […]
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A robot that can solve Rubik’s cube and thread a needle just conducted an Italian orchestra
Italy, a country steeped in ancient tradition, has taken a stride forward in the twenty-first century race towards automation, becoming the first country to showcase a robot-conducted orchestra. YuMi, a dual-armed robot designed by ABB, accompanied Italian tenor Andrea Bocelli and conducted the Lucca Philharmonic Orchestra at a gala event in Pisa’s Teatro Verdi Tuesday […]
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Nothing formally agreed on moving next round of Brexit talks: UK PM May's spokeswoman
Nothing has been formally agreed with the European Union on moving the next round of Brexit negotiations, British Prime Minister Theresa May‘s spokeswoman said on Tuesday. Earlier, diplomats in Brussels said the EU and Britain had agreed to delay the talks by a week to Sept. 25 on expectations that May would make an important […]
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HERE is the deal. You can buy an entry in a computer ledger issued by a startup company on the basis of an unregulated prospectus. It is called an “initial coin offering” or ICO. But though the ledger entry is called a coin, you cannot spend it in any shop. And whereas the use of […]
Read moreThere is a hidden risk facing small businesses across the country that often goes unnoticed until it suddenly rips through a firm’s finances: employee theft. It’s a crime that is costing U.S. businesses $50 billion annually, according to Statistic Brain. Matt Ham can attest to that. He has had two run-ins with thefts by employees […]
Read moreThe British government toughened its stance on Rupert Murdoch’s $15 billion takeover of Sky, sending shares in the pay-TV group down sharply on fears it would take longer, and be more difficult, to complete. British Media Secretary Karen Bradley had already said it would ask the competition regulator, the CMA, to examine whether the deal […]
Read moreParts of the storm-ravaged Florida Keys will allow residents to return on Tuesday to survey damage from Hurricane Irma, which devastated the state with high winds and storm surges that destroyed homes and left millions without power. Downgraded to a tropical storm early on Monday, Irma had ranked as one of the most powerful Atlantic […]
Read moreInitial coin offerings (ICOs), the practice of creating and selling digital currencies to finance start-up projects, are “very high risk” and speculative, Britain’s Financial Conduct Authority (FCA) warned on Tuesday. ICOs are a digital form of raising funds from the public using a virtual currency, with issuers accepting Bitcoin or Ether in exchange for a […]
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