Search Results for: Intel
Dollar slumps after Trump offers no details on economic policies
January 12th, 2017
The dollar skidded on Thursday, moving back toward one-month lows against the perceived safe-haven yen, after President-elect Donald Trump’s highly-awaited news conference failed to offer details on his promises to boost fiscal spending and cut taxes. Trump, who takes ...
German discounter Lidl posts a merry 10% increase in December sales
January 11th, 2017
Lidl UK has posted a merry revenue increase of 10% in the month of December compared to 2015, with Christmas sales of turkey, vegetables, and lobster helping boost revenue. Retail intelligence firm Verdict Retail said that sales encouraged by Lidl’s ‘Pick ...
FTSE 100 extends a record-breaking run
January 11th, 2017
European stocks rose Wednesday, with London striking another record pinnacle on the sliding pound and rebounding commodity prices. Sterling fell as weak official trade data offset bright industrial output figures — and the currency’s slide gave a fresh impetus ...
Malta accused of being tax haven as it takes EU presidency
January 11th, 2017
Country helped multinationals avoid paying more than £12bn in taxes from 2012 to 2015, says report from Green MEPs Malta has been accused of being a tax haven, just as it takes the helm of the European Union in ...
Sayōnara, Humans: Japanese Company Replaces Its Workers with AI
January 9th, 2017
34 workers at a Japanese insurance company are being laid off and replaced with an artificial intelligence (AI) system. Fukoku Mutual Life Insurance, seeking greater efficiency in calculating their payouts to policyholders, will soon replace many of its office ...
European bourses started the last trading day of 2016 slightly in the red
December 30th, 2016
European bourses started the last trading day of 2016 slightly in the red. The pan-European Euro Stoxx 600 was 0.06 percent lower with the major bourses trading in the red. The London Stock Exchange will close early Friday at 12:30 ...
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
Oil, EU exit and diversity will dominate law sector in 2017
December 28th, 2016
The impact of the downturn in the oil and gas industry will continue to be felt in 2017, despite some signs that the worst is over for the sector, according to Ledingham Chalmers chairman Jennifer Young. However, Ms Young, ...
Chinese Traders Charged With Trading on Hacked Nonpublic Information Stolen From Two Law Firms
December 28th, 2016
Marks First Time SEC Charges Hacking Into Law Firm Computer Networks The Securities and Exchange Commission today charged three Chinese traders with fraudulently trading on hacked nonpublic market-moving information stolen from two prominent New York-based law firms, racking up ...
PayPal Files Copyright Suit Against India’s Digital Payment Provider Paytm
December 25th, 2016
In what many are calling a tactical move to stymie a competitor, PayPal has pushed forward on a copyright suit against Paytm, a leading digital payment service in India. Back in November, US-based ewallet service PayPal lodged the complaint ...
