Emmanuel Macron’s triumph in the French presidential election nudged the euro to a six-month high against the dollar, with analysts and investors predicting that the result could spur a return of money to the eurozone. The euro inched up 0.1 per cent to $1.1021 in the hours after it became clear the centrist had beaten Marine Le Pen, before dipping 0.1 per cent to $1.0977 as Asian trading started. […]
By Muyu Xu and Ryan Woo | BEIJING BEIJING The Chinese capital is sanitizing its ancient hutong alleyways, home to millions of migrants workers and thousands of small businesses, bulldozing illegal constructions and forcing shops, bars and tiny courtyard restaurants to relocate or go under. As part of guidelines unveiled in April, authorities have started to brick in doors of properties along the narrow passageways, many of […]
BERLIN Europe’s political establishment entered 2017 in a state of panic. Britain had voted to leave the European Union six months before and the United States had just elected a president who was hostile to their grand project and the values it stood for. The same forces that had led to Brexit and Donald Trump – popular anger with distant elites, economic inequality and immigration – threatened […]
Thousands of new homes, schools and offices may be using much more energy than they should, and the reason is rather unexpected, according to new research. (via WSJ)
By Felix Onuah and Ahmed Kingimi | ABUJA/MAIDUGURI, Nigeria ABUJA/MAIDUGURI, Nigeria Boko Haram militants have released 82 schoolgirls out of a group of more than 200 whom they kidnapped from the northeastern town of Chibok three years ago in exchange for prisoners, the presidency said on Saturday. Around 270 girls were kidnapped in April 2014 by the Islamist militant group, which has killed 15,000 people and displaced […]
It’s 6pm. You’ve just finished work. You’re exhausted, hungry and probably even sleepy. Hitting the gym is the last thing on your mind, but you’ve got an expanding waistline and hips that don’t fit in your jeans anymore. How do you get yourself to exercise? Fitness Director at Olympic-standard training center Embody Fitness in Dubai, Rob Richards, has several tricks up his sleeve. He shares motivational […]
LONDON The euro topped $1.10 for the first time since the U.S. elections on Sunday and climbed to a one-year high against the safe-haven yen on relief that Emmanuel Macron had beaten the far-right Marine Le Pen to clinch the French presidency. Early projections showed the market-friendly, pro-EU candidate Macron had been voted in with about 65 percent of the vote, comfortably defeating Le Pen, a nationalist […]
“Firstly, you have permission to parent. You had a child – no one else needs to give you any more qualifications.” When it comes to fostering healthier habits, parenting coach, author and speaker Andalene Salvesen, aka “Super Granny”, does not mince her words, making it clear that parents need to show their children who is boss. “One of the biggest issues I see is that parents don’t […]
By Noah Barkin and Leigh Thomas | BERLIN/PARIS BERLIN/PARIS After a decade of slow growth, rising unemployment and dwindling competitiveness, France elected a president on Sunday who says he has a plan to pull the country out of its economic malaise. Emmanuel Macron, a former investment banker who quit the government of Francois Hollande twice out of frustration with the slow pace of reforms, is promising […]
Move faster, migrating reindeer!Image: Jeff J Mitchell/Getty Images By Maria Gallucci2017-05-07 18:32:09 UTC The producers of Norway’s smash-hit “Slow TV” genre have captivated audiences with videos of a 134-hour-long cruise voyage and 13 hours of people knitting. But sometimes even Slow TV can be too slow. Norway’s public broadcaster NRK recently suspended a show following the progress of migratory reindeer because the animals stopped moving, The Local […]
The Federal Reserve risks political interference and losing its independence if it maintains a large balance sheet in the longer term, former Fed officials have claimed, as debate over the central bank’s strategy for unwinding its interventions in financial markets intensifies. Kevin Warsh, a visiting fellow at the Hoover Institution at Stanford University and former Fed governor, said permanently holding vast quantities of assets like treasuries was […]
Social-media comedy star Lilly Singh is hoping that when she faces an audience in Dubai on Wednesday, there are plenty of grown-ups in the crowd alongside her younger fans. “I want parents to come,” says the 28-year-old Canadian. “I love when parents come to my show and go back to their kids with my stories of how this journey has taught me to always pick myself up, […]
Rights issues conducted by European companies this year have already exceeded the volume seen in the whole of 2016 — driven by a handful of large capital increases from banks seeking to repair their balance sheets. For companies, a rights issue is a means to raise equity funding from existing shareholders by offering them the right to buy more shares at a discount to the market price. […]
Volkswagen bought back hundreds of thousands of emissions-cheating cars. We just discovered what it has done with them all… As Bloomberg reports, the German automaker agreed last year to buy back about 500,000 diesels that it rigged to pass U.S. emissions tests if it can’t figure out a way to fix them. Except for a handful of 2015 models, VW dealers can’t sell the cars until […]
By John Ruwitch | SHANGHAI SHANGHAI Organisers barred journalists on Sunday from a publicly advertised event in Shanghai to attract Chinese investment in a U.S. real estate project linked to the family of President Donald Trump’s son-in-law in exchange for immigrant visas. The two-tower luxury apartment complex in New Jersey, One Journal Square, is being developed by KABR Group and the Kushner Companies, which until recently was […]
A coffee shop in New York has filed a $10 million trademark infringement lawsuit against Starbucks claiming that the latter copied its idea for the “Unicorn Frappuccino.” Starbucks’s Unicorn Frappuccino Starbucks’s blended beverage, which was offered in stores in the United States, Mexico, and Canada for a limited time last month was a hit, as suggested by the posts and images of the drink that many people posted […]
VISTA’s infrared capabilities have now allowed astronomers to see the myriad of stars in the Small Magellanic Cloud galaxy much more clearly than ever before. The result is this record-breaking image — the biggest infrared image ever taken of the Small Magellanic Cloud — with the whole frame filled with millions of stars. (via WSJ)
Labour has announced a “personal tax guarantee” that it would not raise income tax or national insurance for the 95 per cent of taxpayers earning less than £80,000, with tax increases for the wealthiest. John McDonnell, shadow chancellor, hopes the policy will confer credibility on the party’s economic policies, while outflanking the Conservatives who have so far refused to recommit to a “triple lock” to hold down […]
By Ingrid Melander | PARIS PARIS After a tumultuous election campaign filled with scandal and surprises, the French public began to vote on Sunday on whether a pro-European Union centrist or an anti-EU, anti-immigration far-rightist will lead them for the next five years. Opinion polls indicate they will pick Emmanuel Macron, a 39-year-old ex-economy minister who wants to bridge the left-right divide, resisting an anti-establishment tide that […]
By Andreina Aponte and Andrew Cawthorne | CARACAS CARACAS Dressed in white and chanting “Liberty!”, tens of thousands of women opposed to Venezuela’s socialist President Nicolas Maduro marched on Saturday, proffering roses to security forces who blocked their way. The women’s marches, which took place in most major cities around the South American oil producer, were the latest in five weeks of sustained protests against Maduro whom […]
If you travel a lot and you need to listen to livestreams, webinars and podcasts — and, of course, music — on the go, then noise-reducing or noise-isolating headphones are a boon. Noise-reducing headphones use white noise and other tricks to mask the background noise, while noise-isolating headphones are earbuds that fit so snugly into your years that the background noise doesn’t get in. That also has […]
Wall Street people underestimated how nasty and political the struggle over the post-Brexit fate of European clearing houses would become. This week the European Commission offered threats to London-based clearing houses and inducements for their customers to move their trade to the EU. €650bn Value of euro-denominated trades that clear through London each business day UK negotiators in turn demand that euro derivatives clearing should stay in […]
Apple and Amazon, rivals in the technology and home entertainment industries, may finally be friends again as reports claim that an Amazon Prime Video app will soon be launched for the Apple TV. The move will end one of the biggest problems that users have with the Apple TV. Amazon Prime Video On Apple TV According to a report by Recode, people familiar with the matter revealed […]
Authored by Daniel Lang via SHTFplan.com, For several weeks Venezuela has been rocked with protests and riots as the Maduro regime increasingly tightens its grip on the population. It seems as if security forces are brutally cracking down on dissidents on a daily basis now. Wednesday in particular, saw some incredibly tense clashes between protesters and government forces in the capital city of Caracas. According to Bloomberg: […]
