News

Federal Reserve System

US Fed Chair Yellen says it would be “unwise” to delay rate increases

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Fed Chair Janet Yellen said on Tuesday that it would be “unwise” for the US central bank to wait too long to raise rates. Although...
elevated cycleway Xiamen

China trials world’s longest elevated cycleway

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In a bid to promote green transport, China has opened the world's longest elevated cycleway in the centre of Xiamen, a coastal city of...
google-maps-lists

Google Maps users can now create and share lists of favourite places

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Google Maps is becoming more social. Google announced that users can now create lists of their favourite places, share the lists with others, and follow the...
Japanese Yen weakens

Japan’s economy expanded by 1% in the final quarter of 2016

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The Japanese economy expanded for a fourth straight quarter in the three months through December 2016 thanks to strong exports and business investment. Japan’s GDP...
manufacturing welder

UK manufacturing ends 2016 with growth

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The UK manufacturing sector ended 2016 on a strong note, with growth recorded in November and December, despite concerns that the uncertainty following the...
ford-argo-ai-02

Ford investing $1 billion in Argo AI startup to develop autonomous technology

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Ford is investing $1 billion (£801 million) in the artificial intelligence startup Argo AI to help bring autonomous vehicles to the marketplace. The investment will...
Electricity

Scottish Power hiking energy prices while British Gas will extend price freeze

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Scottish Power will be raising its standard tariff electricity prices by 10.8% from 31 March, while gas prices will increase by 4.7%. Its dual...
United Kingdom seen from satellite

Commercial spaceflight sector receiving £10m UK government boost

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Her Majesty's government plans to make £10 million of commercial spaceflight funding available to projects that will launch people and satellites into space from...
UK tax burden pound coins

UK manufacturing was strong in December while trade deficit narrowed

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UK manufacturing expanded more than expected in the end of 2016 as the country's trade deficit narrowed.  Total production in the UK in December was...
Tim Cook

Apple chief executive Tim Cook “very optimistic” about post-Brexit UK

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In a recent meeting with UK Prime Minister Theresa May the chief executive of Apple, Tim Cook, said he believes Britain would be “just...