After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Rent or buy? First-time buyers in London save £1,000 a year compared to renting as mortgage rates remain low August 23, 2014 Londoners managing to jump on the property ladder are saving £984 a year by making mortgage repayments instead of paying rent as a result of low rates and rising rental prices. New home owners in the capital are pocketing more money than any other region along with first-time buyers in the West Midlands, saving £984 [...]
Theresa May to tackle extremism in Britain with new laws but warns it will take decades to eradicate August 23, 2014 The Home Secretary Theresa May has announced plans to tackle home-grown extremism following the murder of the US journalist James Foley by a suspected British Jihadist. New measures dubbed “anti-social behaviour orders” for extremists will seek to curtail extremist behaviour and language and make it illegal to join extremist groups not directly involved in terrorism, [...]
No, really: Ann Summers launches Isis lingerie range (well, kind of) August 22, 2014 In what may be the poorest timing in recent retail history, Ann Summers has been forced to deny supporting terrorism after it launched a range of lingerie named "Isis". The range, which appeared in shop windows this week, includes a £26 plunge bra and a £45 babydoll, both in monochrome colours. Obviously, the range isn't named [...]
Ex-MEP who called for caps on bonuses, slammed for taking London Stock Exchange job August 22, 2014 Former Lib Dem MEP Sharon Bowles has been chastised by Sven Giegold, a German Green, for taking a job at the London Stock Exchange (LSE) after calling for caps on bonuses in the financial industry. Giegold, who had spearheaded the campaign for a cap on bankers' bonuses, which was introduced last year, used to Twitter [...]
Space economy takes off: Mining asteroids becomes easier with legal bill August 22, 2014 The space economy has reached a watershed moment. A new legal bill in the US, called the Asteroids Act, would allow companies to mine asteroids for precious resources which they could call their own. Asteroids are host to a whole range of materials that are important for sustaining lives and lifestyles, from the essentials [...]
MPs spent more than 115 days tweeting last year – but who sent the most? August 22, 2014 Our publicly elected leaders have spent more than 115 days tweeting in the last year – a total of 2,774 hours – with nearly three-quarters of all MPs now on the social media platform. A report published by Westminster Public Affairs shows that parliamentarians sent a total of 718,431 Tweets for the 12 months [...]
Fed’s Janet Yellen hints at an early rate rise August 22, 2014 New US Fed chief Janet Yellen raised the prospect of an earlier-than-expected rise in interest rates during her first address to the audience of central bank chiefs at the Kansas City Fed's symposium in Jackson Hole, Wyoming on Friday. Yellen, who started her job in February this year, studiously avoided making any commitments to new [...]
Janet Yellen’s Jackson Hole speech: Full text August 22, 2014 Janet Yellen opened the Kansas City Fed's symposium in Jackson Hole, Wyoming on Friday for the first time since she was installed as chair of the US Fed. Her speech, on the subject of "labour market dynamics and monetary policy", called for "pragmatic" policy, and said there was "no simple recipe" to help the [...]
Ukraine crisis deepens as 100 Russian lorries begin “direct invasion” August 22, 2014 The head of Ukraine's security service Valentyn Nalyvaichenko has said the unauthorised crossing of 100 Russian lorries into Ukrainian territory is tantamount to a "direct invasion", adding it was "under the cynical guise of the Red Cross – these are military vehicles". According to the Red Cross, the lorries crossed the border on Friday without [...]
Venezuela plans to fingerprint shoppers to stop food shortages August 22, 2014 The President of Venezuela, Nicolas Maduro, has announced plans for a major mandatory fingerprinting system to combat the increasingly dire food shortages and rampant smuggling afflicting the Latin American state. He said the fingerprinting system would be similar to the one the country uses for voting and was intended to stop Venezuelans buying too much [...]