KUALA LUMPUR (Reuters) – Malaysia on Friday said it passed laws regulating ride-hailing services after extensive stakeholder consultation and legal processes, after media reported U.S. authorities were investigating ride-hailing firm Uber Technologies …
JOHANNESBURG (Reuters) – A South African business lobby group suspended KPMG [KPMG.UL] from membership on Friday, citing the “gravity” of its conduct over the auditor’s work for business friends of President Jacob Zuma.
LONDON (Reuters) – Jitters over a fresh exchange of barbs between North Korea and the United States eased in Europe on Friday as strong economic data supported European stocks, and investors’ focus turned to a planned speech by Britain’s prime minister…
(Reuters) – General Electric Co has neared the sale of its industrial solutions unit to ABB Ltd for $2.5 billion to $3 billion, Bloomberg reported on Friday.
London’s transport regulator on Friday stripped Uber of its license to operate from the end of the month, affecting over 40,000 drivers in a huge blow to the taxi app.
Flashback a few decades to when this programmer pilot fish is on the team developing a large, complex turnkey business system running on PDP-8 minicomputers.”I had a pair of two-year degrees from a local technical college, but two of my co-workers w…
Swift 4.0 is now available. It’s a major upgrade to Apple’s Swift, the three-year old successor to the Objective-C language used for MacOS and iOS application development.
The Swift 4 upgrade enhances the Swift Package Manager and provides new compatibility modes for developers. Apple said Swift 4 also makes Swift more stable and improves its standard library. Swift 4 is largely source-compatible with Swift 3 and ships as part of Apple’s Xcode 9 IDE.
Swift Package Manager, which debuted in Swift 3, is tool for distributing code. It is integrated with the Swift build system to automate processes including downloading, compiling, and linking of dependencies. Improvements in Swift 4’s package manager include:
JPMorgan CEO Jamie Dimon has laid into bitcoin once again, labeling it a “novelty” that will end badly.
CHIBA (Reuters) – Sony Corp’s gaming chief on Friday said the virtual reality gaming market needs more competition to drive adoption of the technology and spur software development, adding the sheer size of Sony’s lead over rivals is cause for discomfo…
MOSCOW (Reuters) – Russia did not place adverts on Facebook Inc to try to influence the 2016 U.S. Presidential election, Kremlin spokesman Dmitry Peskov said on Friday.
Euro zone private businesses ended the third quarter with much stronger growth than predicted, bolstered by manufacturers, who had their best month since early 2011, a survey showed on Friday.
The threat posed by North Korea is “terrible” but it would a mistake for market participants to significantly alter their portfolios on concerns of a nuclear war, JPMorgan CEO Jamie Dimon said.
When it comes to the transition to renewables, energy storage is crucial. Sustainable Energy takes a look at efforts in California.
Many Germans are worried that a nationalist, ring-wing party could gain a lot of votes in Sunday’s federal election.
MELBOURNE (Reuters) – The Australian government has resumed the use of Chinese-built drones in non-classifed situations, the country’s defense minister said on Thursday.
Lawmakers are formulating meaningless green vehicle regulations, said Aston Martin CEO Andy Palmer.
SINGAPORE (Reuters) – Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible.
TOKYO (Reuters) – Asian stocks fell and the Japanese yen and Swiss franc gained on Friday after North Korea said it might test a hydrogen bomb in the Pacific Ocean and escalated a war of words with U.S. President Donald Trump.
The U.S. will hurt its credibility if it cancels the Iran deal, making North Korea talks tougher, China Daily said.
FINANCIERS with PhDs like to remind each other to “read your Kindleberger”. The rare academic who could speak fluently to bureaucrats and normal people, Charles Kindleberger designed the Marshall Plan and wrote vast economic histories worthy of Tolstoy. “Read your Kindleberger” is just a coded way of saying “don’t forget this has all happened before”. So to anyone invested in, mining or building applications for distributed ledger money such as bitcoin or ethereum: read your Kindleberger.
Start with A Financial History of Western Europe, in which Kindleberger documents how many times merchants in different centuries figured out clever ways of doing the exact same thing. They made transactions easier, and in the process created new deposits and bills that increased the supply of money. In most cases, the Bürgermeister or the king left these innovations in place, but decided to control the supply of money and credit themselves. It is good for the king to be in charge of his own creditors. But also, it has…Continue reading
European stocks have recovered some summer losses but past performance suggests the German election could harm momentum.
Germans are heading to the polls on Sunday September 24 for a federal election: Here’s all you need to know.
HOUSTON (Reuters) – Addressing a real estate conference in flood-ravaged Houston this month, longtime investor Ray Sasser detailed his strategy: buy up to 50 flooded homes at deep discounts, then fix and flip them for a hefty profit.
Our live blog is tracking market reaction after a North Korean minister said the nation may test an H-bomb in the Pacific.