U.K. inflation for October unexpectedly slowed to 0.9% on-year, driven down by the price of clothing and university tuition fees. The figures come as BoE Governor Mark Carney prepares to testify to lawmakers about the […]
GDP grew 0.3% in the eurozone in Q3, or 1.6% on an annual basis, according to official figures. Last week, the European Commission cut its GDP forecasts for the bloc on increased political uncertainty and […]
The total value of homes sold in China posted a 38% year-over-year gain to 941 billion yuan in October, based on calculations by Bloomberg using data from the National Bureau of Statistics. The increase follows […]
A Hong Kong financial regulator says it is too early to say whether blockchain technology is ready for large-scale adoption. Many issues surrounding the use of blockchain — including consumer protection and money-laundering concerns — […]
Brands are using Snap’s video-capturing Spectacles, which record 10-second videos that can be shared to Snapchat. Esquire Network has filmed a motorcycle ride to promote a show; Mountain Dew has filmed a skateboarder drinking the […]
Leading technology firms are preparing for a showdown with President-elect Donald Trump’s administration regarding data mining and privacy, which have been a source of controversy since Edward Snowden revealed information about mass surveillance. Other firms […]
Pacific Investment Management’s new CEO, Emmanuel Roman, plans to move away from traditional bonds and invest in hedge funds, real-estate and other alternative assets. The firm will juggle the need to reassure investors in its […]
The German engineering firm specializes in automated manufacturing processes. Tesla plans to use the company’s location in Germany as a base for Tesla Advanced Automation Germany. “We believe the result will yield exponential improvements in […]
Despite saying it would shutter the service, Twitter (NYSE:TWTR) might still sell looping video app Vine, TechCrunch reports. Sources said some of the bids are below a $10M price point, rendering such a transaction relatively […]
Iran plans to sign a preliminary $6B deal with Total (NYSE:TOT) today to help develop an offshore gas field, an agreement that would mark the first Western energy investment there since international sanctions were lifted […]
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