The Globe of Economic Complexity: Compare all the world’s economies on this digital map August 26, 2015 A map created by Harvard University researchers visualises the trillions of dollars worth of trade exchanged between all the world's economies. Read more: UK named world's fifth biggest economy thanks to sex and drugs boost Called the Global Map of Economic Complexity, it uses illuminated dots to represent each export from a given country. [...]
US stocks dive back down in final hour of trading, erasing all of the day’s gains August 25, 2015 Black Monday spilled over into Tuesday in the US, when stocks plummeted down in the final hour of trading. Read more: Black Monday 2015: US stocks battered in biggest fall since 2011 At close, the Dow Jones was down 1.3 per cent compared to yesterday, while the Nasdaq and S&P 500 were 0.4 per cent [...]
FTSE 100 has biggest one-day rise in four years August 25, 2015 The FTSE 100 closed three per cent higher today at 6,081, as China's decision to cut a key interest rate restored confidence in UK investors. Read more: FTSE 100, Dax and Cac rise as hangover sets in after China stock market crash The People's Bank Of China announced this morning that it was going [...]
You’re most likely to get a job if you look like your interviewer August 25, 2015 Next time you're fretting about your qualifications before a job interview, don't bother. What the hiring process really comes down to is a manager's “gut instinct”,which is completely out of your control. Read more: How to win at job interviews, according to Google's HR boss According to research by recruitment research firm CPID, one [...]
Saudi Arabia begins quest for austerity as its economy sinks in plunging oil prices August 25, 2015 There's no escaping the market meltdown – even Saudi Arabia, which for years has revelled in its oil-rich economy, is having to consider austerity measures. Read more: Saudi Arabia's Tadawul stock exchange opens to foreign investors: Here are six companies you should watch According to anonymous sources who spoke to Bloomberg, the kingdom is [...]
Self-driving cars: This is why they won’t reach our roads for a long time August 25, 2015 There’s much excitement about the future of the self-driving car. We've heard endless discussions about Google's version ever since it was first launched in 2010, and now Apple has jumped on the bandwagon, too. Read more: Driverless car technology to get £20m UK government funding and testing guidelines introduced In fact, earlier this year [...]
Fed policymaker Dennis Lockhart says US interest rates should be raised this year August 24, 2015 A senior Fed policymaker has called for US interest rates to be raised this year, despite the panic that has hit global markets over China's economy. Read more: Black Monday 2015: US stocks battered in biggest fall since 2011 Dennis Lockhart, President of the Federal Reserve Bank of Atlanta, said in a speech today [...]
Black Monday 2015: US stocks battered in biggest fall since 2011 August 24, 2015 After briefly reversing the losses they suffered in early morning trading, US stocks dived back down again and experienced their biggest one-day fall in four years. Read more: Black Monday: Equities bloodbath continues on US markets as Dow Jones and S&P 500 plummet At close, Nasdaq was down 3.8 per cent at 4,526, while the Dow [...]
Royal Dutch Shell opens talks with Iran by promising $2bn debt repayment August 24, 2015 Royal Dutch Shell has become the first UK company to take a major step towards reviving its trade relationship with Iran. Read more: If a nuclear deal is reached, Iran will be bursting with investment opportunities – here's what to look out for During a visit to the oil-rich country yesterday, the company's head [...]
New flu vaccine could give humans life-long immunity August 24, 2015 A new vaccine created by scientists in the US could give humans life-long immunity to influenza and help prevent future pandemics. Read more: Yorkshire duck farm bird flu outbreak: How is the disease transmitted and can it affect humans? Vaccines are already available for preventing the illness, but as soon as the virus mutates [...]