Business

Germany’s Chinese investment problem

Gub 1a

European firms are being snapped up by China companies, and that’s causing headaches in Berlin. By JANOSCH DELCKER HAMBURG, Germany — In the conflict between Beijing, Berlin and Brussels over skyrocketing investment by Chinese firms in… Germany’s Chinese investment… Read More »

Joyce McMillan: The great right-wing economic project has failed

Tey 1a

Markets show hypocrisy over borrowing levels that would have seen a Labour government lambasted writes Joyce McMillan Outside, the weather is cold and strange, far more chill than in most recent autumns; and there’s a cold climate indoors… The Scotsman By JOYCE MCMILLAN Joyce McMillan: The… Read More »

Working for Corporations, but Failing Workers and the Planet

Working for corporation - New Internationalist

Ethical supply chain audits can enable business as usual under the veneer of corporate responsibility, write Genevieve LeBaron and Jane Lister. New Internationalist Blog Genevieve LeBaron In recent years incidents such as the collapse of the Rana Plaza garment factory in Bangladesh in April 2013 and the exposé by The Guardian of slavery and human trafficking in the Thai shrimp industry in 2014 have focused attention on the supply chains of global corporations. What has been reported less is that both ... Read More »

There’s great potential in maritime heritage

Emmi 1a

Leaders recently adopted the African Charter on Maritime Security, Safety and Development. Daily Nation By PAUL ODHIAMBO The charter has been developed at a time when African states are rethinking the potential of the blue economy in their territorial waters and… There’s great potential… Read More »

Lawren Harris painting goes for record $11.2 million

Laet 1a

Auction house estimated Harris 1926 oil canvas painting “Mountain Forms” would go for $3-$5 million. By LAUREN LA ROSE The Canadian Press The Lawren Harris painting Mountain Forms smashed a Canadian art record in Toronto on Wednesday night by selling for just over $11.2 million, more than double the… Lawren Harris painting… Read More »

First Int’l Bank in Swiss unit sale talks

Kook 1a

The advantage of confidentiality in Swiss banking has been eroded and banks frequently find no substantial added value to offer their customers. Irit Avissar First International Bank of Israel (TASE: FTIN), controlled by Zadik Bino, is in negotiations to sell its business in Switzerland. The bank… First Int’l Bank in… Read More »

China to fill trade vacuum left by Donald Trump

Putu 1a

Donald Trump has thrust China into the driver’s seat on world trade by killing off the TPP, which may relieve Australian workers and consumers. Jackson Stiles President-elect Trump confirmed on Tuesday he will withdraw the US from Trans-Pacific Partnership negotiations on his first day in… China to fill… Read More »

Tony Blair wonders what’s gone wrong with politics. How sad he can’t see it

Bler 1a

He oversaw the Iraq war and calamitous financial deregulation, and did lucrative work for foreign tyrants. Owen Jones No wonder faith in the centre-left has evaporated. If Tony Blair is the answer, then the question is high on illicit substances. He is reported to… Tony Blair wonders what’s… Read More »

Treasury warns Israel’s growth rate may not be sustainable

Peris 1a

The Finance Ministry says new car purchases and Intel’s fab upgrade are among the main causes of recent high growth Globes Moshe Golan “The figures for the composition of growth in 2016 could indicate that the current growth rate is not necessarily sustainable,” the Ministry of Finance chief economist states in his… Treasury warns Israel’s… Read More »

80% of IT Jobs can be Replaced by Automation, and it’s ‘Exciting’

Urt 3c

TAKING OVER IT Amidst the anxious grumbling of his audience at last week’s Structure Conference in San Francisco, billionaire Vinod Khosla asserted that 80% of jobs in an IT department could be replaced by AI-type… Author: Dom Galeon Editor: Patrick Caughill That, of course, is an…“I think that’s exciting,” added Khosla, founder of Sun Microsystems and Silicon Valley venture firm, Khosla Ventures. 80% of IT… Read More »

US dollar eases slightly after a week-long surge

US dollars 3c

US dollar eases slightly after a week-long surge | i24news – See beyond By Yoni Dayan ‘Now that we have a new administration on the way, the dollar’s rally has received a fresh dose of octane’ The US dollar eased slightly after a week-long surge pushed the… US dollar eases… Read More »

Fishing study reveals who catches what in UK waters

Fishing 1a

Danish, Dutch, Irish and French fishing vessels caught more than half the total catch netted by foreign boats in UK coastal waters between 2012 and 2014, a new report says. by KEITH FINDLAY The latest study by the NAFC Marine Centre in Shetland provides further detail on research findings published in October, when it… Fishing study reveals… Read More »

Amazon TV ad features imam and vicar exchanging gifts

Umu 1a

Online retailer says campaign in US, UK and Germany is about ‘selflessness and thinking of other people’ Mark Sweney Amazon is launching a TV ad in which an imam and a vicar exchange gifts, before the Black Friday shopping bonanza during which consumers will spend billions with the… Amazon TV ad… Read More »

Can the European Project be Re-boosted?

Progressive Economy 1a logo

The European project is at a critical juncture. According to the most recent Eurobarometer,[1] 36% of Europeans are opposed “to an economic and… Louka T. Katseli Progressive Economy Brexit is the most dramatic manifestation of a growing lack of trust in European institutions and their capacity to deliver observable benefits to the… The rise of extreme political parties in… Can the European… Διδάγματα από την Ελληνική κρίση – Εκδήλωση του ΔΟΒΕ προς τιμή του Γεράσιμου Αρσένη Lessons from the Greek Crisis “Policies, ... Read More »

Google commits to £1bn UK investment plan

Tres 3c

Google is to open a new headquarters building in London which could see 3,000 new jobs created by 2020. Kamal Ahmed BBC The news comes as a major boost to Britain’s technology sector. Sundar Pichai, the chief executive of Google, told the BBC that the… Google commits to… Read More »

Virgin Trains to recruit from prisons

Fela 1a

West Coast Mainline operator Virgin Trains says it has doubled the number of ex-offenders it employs. The train operator, which runs services between Scotland and London, ran a recruitment fair at Addiewell Prison, West Lothian, this week. More will be held in prisons across the… Virgin Trains to… Read More »