“DON’T be evil” is Google’s corporate motto. If only it were so simple. The online-search giant is in a tricky spot after an employee published a long, anonymous memo online about why women are under-represented in the technology industry. The main reason may not be sexism, asserted James Damore, the young Harvard-educated software engineer later […]
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The asset management firm Standard Life is looking at Ireland as its European base for when the United Kingdom leaves the European Union, its CEO told CNBC Tuesday. “Certainly, we are looking to put our MiFID company into Ireland,” Keith Skeoch, chief executive officer of Standard Life, told CNBC, referring to the financial regulation framework […]
Read moreThe U.S. dollar index has fallen by around 9 percent since the start of the year but that could be about to change, according to strategists at Wells Fargo, who suggest the stocks and sectors which could be positively affected amid the move higher. Disappointing economic data, political uncertainty and positive developments abroad have sent […]
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IGNORANCE of the law is no excuse for breaking it. Over the weekend two Chinese tourists were arrested in Germany for photographing themselves making Hitler salutes outside the Reichstag building in Berlin. The country has strict anti-hate laws, which prohibits pro-Nazi symbols and speech. The Chinese pair were released on €500 ($590) bail; police said […]
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Europeans are consuming more and more butter at a time when prices are skyrocketing, stockpiles are running low and dairy giants are warning of an imminent shortage. Chef Séverine Nobis, who jointly runs a Parisian pastry school in the French capital, told CNBC that market fears of a European butter shortage cannot be ignored. “The […]
Read moreEven with all kinds of taxes considered, including income, local and sales taxes, among others — and contrary to what President Donald Trump has repeatedly said — Americans do not pay the highest taxes in the world. Not even close. Actually, the U.S. is a little below average compared to our 34 peer countries in […]
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Tiny fragments of gold could be used in the fight against cancer, according to scientists at the University of Edinburgh. Researchers found that the precious metal could be used in such a way so that it increases the effectiveness of other drugs prescribed to treat lung cancer cells. Microscopic pieces of the precious metal – […]
Read moreWhat will the office of tomorrow be like? The needs of employees are changing and businesses must change with them in order to attract the best workers. One way to do this will be combining work and leisure, experts tell CNBC. “Employers today need to create an environment that attracts the talent and allows them […]
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Elon Musk’s auto manufacturing firm Tesla appears to be in the lead in the “arms race” for lithium-ion batteries, but others may be soon to follow, a former prominent Credit Suisse research head told CNBC on Monday. Musk recently announced plans to build the world’s biggest lithium-ion battery storage project in South Australia. Meanwhile, construction […]
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Investors should be prepared for a “nasty” market correction in two months’ time as central banks appear set to stick with low interest rates for longer than expected, a former prominent Credit Suisse research head told CNBC on Monday. “I think earnings are OK, I think the economy is OK but I think interest rates […]
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