Automation is evolution, not a class war January 26, 2018 I suffer the great misfortune of living near a busy Tesco Express store, which, absent of self-service checkouts, often makes the innocuous task of buying eggs feel like a test of one’s self-restraint. While waiting for the two portraits of human inefficiency behind the till to serve 20 shoppers, glancing at my phone, I read [...]
Jose Mourinho predicts trophy-laden period for Manchester United after agreeing contract extension January 25, 2018 Manchester United boss Jose Mourinho insists he has laid the foundations for a trophy-laden period in the club’s history after committing to an Old Trafford future by signing a contract extension. Former Chelsea, Inter Milan and Real Madrid manager Mourinho’s new deal will run until 2020, an extension of 12 months to his existing United contract, [...]
David Davis: We will negotiate trade deals during transition, even if we’re “replicating” customs union January 25, 2018 Brexit secretary David Davis will set out his vision for the UK’s demands for the shape the transition period will take after the UK leaves the EU. The minister will travel to Middlesborough on Friday, where he will stress that the UK will become “an independent country” and as such will “once again have its [...]
George Soros at the WEF in Davos blasts social media tech giants such as Facebook and Google, and lays into bitcoin January 25, 2018 Hedge fund veteran George Soros launched an attack on social media giants such as Facebook and Google tonight, saying they were a “menace” and accusing them of “deliberately engineering addiction” which is particularly harmful to adolescents. Soros compared the platforms to gambling businesses, saying they may be permanently damaging to human attention, while speaking at [...]
‘Not the City I recognise’: Helena Morrissey launches dinner to rival the condemned Presidents Club fundraiser January 25, 2018 City veteran Dame Helena Morrissey has launched a rival dinner to the widely condemned Presidents Club charity fundraiser, at which a number of female waitresses were found to have been sexually harassed in an investigation earlier this week. Morrissey, head of personal investing at Legal & General Investment Management, has already garnered support from names [...]
Manchester City hopeful sealing £57m deal for Athletic Bilbao defender Aymeric Laporte January 25, 2018 Runaway Premier League leaders Manchester City are closing in on a club-record £57m deal for French defender Aymeric Laporte from La Liga outfit Athletic Bilbao. An agreement for the 23-year-old centre-half is yet to be finalised although City boss Pep Guardiola is hopeful of completing the transfer before the close of the window on Wednesday. [...]
Jamie Donaldson and Rory McIlroy savour return to form at Dubai Desert Classic January 25, 2018 Ryder Cup hero Jamie Donaldson set a blistering pace in the first round of the Dubai Desert Classic as former world No1 Rory McIlroy provided further evidence of his own return to form. Welshman Donaldson, whose wedge shot secured victory for Europe at Gleneagles four years ago, shot a 10-under-par round of 62 to hold [...]
Goldman Sachs CEO Lloyd Blankfein: Our Brexit plans will soon reach the point of no return January 25, 2018 Goldman Sachs’ outspoken chief executive has warned the lender’s preparations for Brexit will soon reach a point where things “are not going to be undone”. In an interview with the BBC during the World Economic Forum in Davos, Lloyd Blankfein said Goldman has put measures in place to mitigate against a so-called hard Brexit. “We’ve [...]
What could make oil prices hit $100? January 25, 2018 If anyone thought the latest oil market outlooks of the EIA and the IEA are upbeat, here’s an even more upbeat one from Energy Aspects: The consultancy expects crude demand this year to grow by 1.7 million bpd, and says Brent could touch above $100 a barrel in 2019. According to Energy Aspects, the reason [...]
Davos: Donald Trump’s state visit to the UK is back on after successful “clear the air” meeting with Theresa May January 25, 2018 Donald Trump’s state visit to the UK is back on the agenda, after a successful bilateral meeting with Theresa May today. The President and Prime Minister had their first one-to-one since their relationship publicly soured last autumn, resulting in the pair asking officials to “work together on finalising the details of a visit by the [...]