Prime property in central London has lost its attractiveness among global investors due to the uncertainty over the country’s future relationship with the European Union. Sales in central London have tanked 41 percent in the first quarter of this year to just 3406 sales compared with the previous year, data from real estate investment adviser […]
Read moreMargins at German energy group RWE‘s gas-fired power plants were higher than expected in the first half, it said on Monday, and it now expects full-year profits to be at the upper end of itsoutlook range. Shares in the group, which focuses on conventional power generation and energy trading, were up 2.5 percent at 0745 […]
Read moreSAN FRANCISCO — Uber’s board has voted to move forward on proposals by two investment groups to buy shares in the ride-hailing service and is considering a third offer, with any final decision set to affect who gains the upper hand at the company. Over the last week, the privately held company’s board voted to […]
Read moreJapan’s economy grew better than expected in the second quarter, but a lack of wage growth in the economy and labor shortages are likely to cause problems, markets watchers tell CNBC. “Despite this very tight labor market there’s very little wage growth in Japan. I suppose you could argue there are echoes of that in […]
Read moreU.S. President Donald Trump’s order to his top trade adviser to investigate supposedly unfair Chinese trade practices will “poison” relations between the two countries, a Chinese state-run newspaper said on Monday. Trump will later on Monday issue the order to determine whether to investigate Chinese trade practices that force U.S. firms operating in China to […]
Read moreAs negotiations for Britain’s departure from the EU rumble on, a new pro-EU opposition party led by the government’s former Brexit adviser is poised for a September unveiling. ‘The Democrats’, which pitch themselves as an anti-Brexit, centrist party, unveiled on Twitter Monday its logo and the sale of branded merchandise as it seeks to raise […]
Read moreNorth Korea still does not appear to have mastered missile re-entry technology and will take at least one or two more years to do so, although its ability to miniaturize a nuclear warhead is advancing quickly, South Korea’s vice defense minister said. Concern that North Korea is close to achieving its goal of putting the […]
Read moreArtificial intelligence has no shortage of critics — from visionaries like Elon Musk, who once compared A.I. to “summoning the demon” in a horror film, to everyday workers who fear being replaced by machines. But A.I. and other new technologies could take off in countries with a shortage of young workers, according to Rob Subbaraman, […]
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2016 saw the book, and shortly after, the film release of “Hidden Figures”, a non-fiction piece examining the lives of African American female experts – including Katherine Johnson, the late Mary Jackson and the late Dorothy Vaughan – during the 20th century. Professionals who worked at NASA and helped achieve the organization’s success in the […]
Read moreChina should sue the U.S. for trade protectionism if President Donald Trump orders an investigation into China’s intellectual property practices, Chinese state media said in an unsigned editorial on Sunday. Trump is expected to issue the so-called Section 301 investigation under the 1974 Trade Act later on Monday to investigate Chinese trade practices that force […]
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