BRUSSELS Dutch brewer Heineken (HEIN.AS) has launched a non-alcoholic version of its namesake beer with the aim of becoming the global leader in a part of the market growing faster than the average. The world’s second largest beer maker launched “Heineken 0.0” at the Spanish Grand Prix in Barcelona and will sell it in 17 markets, across Europe and also Russia and Israel, unlike rivals which have […]
LONDON British Prime Minister Theresa May’s Conservative Party maintained a strong lead over the main opposition Labour Party, ahead of a June 8 national election, according to an ORB opinion poll for The Telegraph. The Conservatives were at 46 percent, unchanged from ORB’s previous poll, against Labour’s 32 percent, up 1 percent. The poll put the centrist Liberal Democrats on 8 percent and the anti-European Union UK […]
An exterior view shows the main entrance of St Bartholomew’s Hospital, in London, one of the hospitals whose computer systems were affected by a cyberattack, Friday, May 12, 2017. A large cyberattack crippled computer systems at hospitals across England on Friday, with appointments canceled, phone lines down and patients turned away. (AP Photo/Matt Dunham) Teams of technicians worked “round the clock” Saturday to restore hospital computer systems […]
By David Lawder and William Schomberg | BARI, Italy BARI, Italy The United States said on Saturday the world’s other rich economies were getting used to the policy plans of President Donald Trump, but Europe and Japan showed they remained worried about Washington’s shift. Officials from the Group of Seven nations met in southern Italy hoping to hear more about Trump’s plans which they fear will revive […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Washington was convulsed last night by icy nastiness, harsh language and people crying foul. Oh, that was the deciding game in a hockey playoff between the historically hard-luck Washington Capitals and Pittsburgh Penguins, just one of three major sports distractions […]
ABU DHABI // Young Emirati diplomats will be key to bringing peace and reconciliation to the Middle East, a group of students heard this week. Reconciliation seems difficult amid tensions and turmoil in the Arab world, but Bernardino Leon, president of the Emirates Diplomatic Academy in Abu Dhabi, likened its future to the unification of Europe following the Second World War. “When you think of what’s going […]
Europe’s investment community has barely had time to breathe a sigh of relief following Emmanuel Macron’s victory in the French presidential elections before starting to fret about other latent threats to the eurozone. Some investors have hailed the election — in which Mr Macron, a pro-EU liberal defeated Marine Le Pen, the Eurosceptic rightwing candidate — as a sign that Europe’s economic recovery remains on track. This […]
The EU has protested strongly against a proposed extension of a US ban on laptops on transatlantic flights from some of Europe’s biggest airports, warning that it could pose a risk to flight safety. EU officials have also called on Washington to be more open in sharing security information that would justify enlarging the scope of the ban that the US authorities imposed earlier on flights to […]
If you are an investor wanting a safe, unexciting asset to make a bit of money, avoid South Africa’s rand. It is not that you cannot make money trading the currency. You very much can, and you might make it big and quickly. The problem is you can also lose much more than you gain and at a frightening pace. To play the rand, investors need not […]
Greece inched closer to a return to public market finance for at least part of its Sisyphean debt burden this week, with benchmark bond yields dropping to levels seen when the country last issued new debt three years ago. Enthusiasm for the small portion of Greek debt held in private hands and available to trade followed a long-delayed agreement on fiscal and structural reform measures with European […]
But conservatives have targeted Mr. Rouhani for what they regard as his softness toward the United States and tolerance of Western culture. They also have sharply criticized him for what they call his misleading prediction that the nuclear agreement would herald an economic boom in Iran, where joblessness remains pervasive and the economy is the most pressing campaign issue. Still, Mr. Rouhani is considered the front-runner. Photo […]
BAKU A court in Azerbaijan on Friday supported the blocking of the websites of several media outlets critical of the government, including the Azeri service of Radio Free Europe/Radio Liberty (RFE). European institutions and rights bodies accuse the oil-producing former Soviet republic Azerbaijan and its leader, Ilham Aliyev, of tightening restrictions on the media and on people’s freedom of expression. Azeri officials deny the accusations. The ruling […]
Hackers responsible for the wave of cyber attacks that struck organisations across the globe on Friday from the UK’s National Health Service to European telecoms company Telefónica used tools stolen from the US National Security Agency, the Financial Times has learnt. A tool known as “eternal blue”, developed by US spies was used by the hackers to make an existing form of ransomware known as WannaCry more […]
High schoolers who are extroverted, mature, highly intelligent, or interested in arts and sciences have a fighting chance against the robots and computers that will steal jobs in the future. A new study finds that people with certain personality traits are more likely to choose jobs that won’t be automated in the future . Job preference is especially important now, since economists estimate that 47 percent of […]
NASA and the European Space Agency are not exactly pursuing a lander mission together. This was recently revealed by a NASA spokesperson to Fox News, following news from last month that the two space agencies were joining forces for a joint lander mission to Jupiter moon Europa when 2025 comes along. Not Teaming Up For Europa Lander Mission Dubbed the Joint Europa Mission, the proposal was revealed on […]
PARIS Emmanuel Macron’s visit to Berlin Monday, a day after his inauguration as French president, aims at stressing the importance of the relationship with Germany to relaunch the European project, an aide to Macron said, confirming the visit. “We want to work together on a few priorities: security, economy, investment and social protection,” the aide told Reuters on Friday. Like outgoing Socialist President Francois Hollande in 2012, […]
KILCOOLE, Ireland Northern Ireland’s 1998 peace deal will need to be amended in the wake of Britain’s vote to leave the European Union as it contains references to the bloc, former British prime minister Tony Blair said on Friday. Blair helped oversee the agreement between Irish nationalists and pro-British unionists, which brought an end to three decades of bloodshed that killed 3,600 people, in one of the […]
European equities funds have enjoyed a $6.1bn rush of new inflows around the election of Emmanuel Macron. “Allez les flows“, says Bank of America Merrill Lynch, suggesting there’s still much further to go. “Our European Equity Strategist Ronan Carr argues Europe inflows are barely halfway to levels consistent with prior market peaks,” it says. (Read our full story on flows for more detail.) The new-found enthusiasm comes […]
By William Schomberg and David Lawder | BARI, Italy BARI, Italy Finance chiefs from some of the world’s richest nations began a two-day meeting in Italy on Friday, with Europe, Japan and Canada hoping to come away with a clearer picture of U.S. President Donald Trump’s plans on important policies. Inequality, international tax rules, cyber security and blocking the funding of terrorism are the focus of the […]
Profits take a hit at Entertainment One. FT Opening Quote is your early Square Mile briefing. You can sign up for the full newsletter here. Efforts to strengthen Entertainment One’s film division will hit its full-year profits by almost £50m, the company announced today, after it renegotiated one of its main distribution agreements, writes FastFT. Entertainment One is best known for producing television programmes such as Peppa […]
Tech Times reported in February that China has increased its budget for its planned space programs and that the country is already designing an advanced and recoverable spacecraft that will be capable of landing on the moon. Now China has already begun preparations for its planned lunar laboratory in collaboration with the European Space Agency by locking in eight volunteers to live and work in a simulated space environment inside […]
Beijing is enjoying an unusually long run of clear blue skies thanks to widespread industrial closures ahead of the most important international event hosted by President Xi Jinping. The “New Silk Road” summit has attracted 29 national leaders from four continents and also prompted a nationwide security clampdown, as authorities try to ensure that it proceeds without a hitch. More than 80 other countries, including North and […]
Investors poured $6bn of new capital into European stock funds in the past week, underlining the voracious appetite for assets across the continent as growth accelerates, earnings recover and several of the bloc’s largest countries move past critical elections. The amount of flow in the five days to May 10 is the first time the weekly amount has passed $6bn since at least 2000 when EPFR began […]
In this Wednesday, Sept. 14, 2016, file photo, a self-driving Uber car stops at a red light on Liberty Avenue through the Bloomfield neighborhood of Pittsburgh. In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robocars and is slowing their development. But experts say eventually the cars will coexist […]
