Artificial Intelligence will destroy jobs – but technological pessimism is wrong September 4, 2013 DEVELOPMENTS in Artificial Intelligence (AI) will be among the most exciting advances of this century. No longer the preserve of science fiction, from driving our cars to managing our health, the products of AI research are already quietly revolutionising our world. But warning bells are ringing. John Maynard Keynes coined the term “technological unemployment” to [...]
Italian prime minister: Europe will be reborn in Greece July 29, 2013 Italian prime minister Enrico Letta has visited his Greek counterpart Antonis Samaris in a show of solidarity as the country scrapes through the conditions required for its next tranche of aid. Ahead of the meeting, which is thought to have covered subjects like youth unemployment, immigration and energy, Samaras said Greece was “firmly on the [...]
City Moves | Who’s switching jobs November 13, 2012 Alvarez & Marsal The professional services firm has announced three appointments. Dan Murphy joins as a managing director from Alix Partners. He has also held roles at Ernst & Young. Ian Woosey and Lynn Evison join as senior directors. Woosey was previously director of retail consulting at Summit, and Evison was a partner at Kurt [...]
UK stocks dip as Hurricane Sandy hits insurers and energy shares October 29, 2012 BRITAIN’S leading shares dipped in low volume yesterday as concerns over the costs of Hurricane Sandy in the United States added to uncertainties about future corporate earnings. Many investors were sticking to the sidelines ahead of a pick-up in the UK third-quarter earnings season this week, notably from the energy and banking sectors. Insurers were [...]
City Moves | Who’s switching Jobs October 11, 2012 Reech AiM Group The international asset management group has appointed Daniel Betts as client services director. He joins Reech from Aviva Investors, where he was most recently client relationship manager. He will oversee all client service functions and will report directly to the chief executive officer Christophe Reech. Scottish Widows Investment Partnership Neil Tong has [...]
Pixar goes Scottish in the brilliant Brave August 9, 2012 FILMS BRAVE Cert: PG **** Brave is not only Pixar’s first foray into fairytale, it’s the company’s first movie with a female lead. Set in Medieval Scotland, among roaring chieftains, sprites and fairies, Brave is cacophony of colour and sound, rendering clanland in a mosaic of gorgeous pastels. Many films are released in 3D to [...]
Time to invest in new pants March 28, 2012 GAMES SILENT HILL: DOWNPOUR Cert: 15 **** The new Silent Hill has a lot to live up to. For many gamers it was the first title that not only made them jump but got under their skin; that made them look over their shoulder while playing and sleep with the lights on. In this installment [...]
CITY MOVES | WHO’S SWITCHING JOBS March 7, 2012 INREV The non-profit association yesterday announced Patrick Kanters as chairman at its AGM. Kanters has previous experience as a global investor, formerly working at ING Real Estate. Kanters is also a member of the Executive Board of EPRA and sits on the board of investing firm Steen & Strom. In his new position, he will [...]
THE NEW SONY RANGE AT A GLANCE August 31, 2011 1. 6” EREADER WITH ENHANCED TOUCHSCREEN E-readers from Sony have always looked the part; the problem is nobody buys them. This version is the lightest reader in the world, again using E-ink paper. It will offer connectivity to public libraries in the US but the decider will be price. 2. SONY TABLET P MULTITOUCH FLIP-SCREEN [...]
FUND MANAGEMENT NEWS May 18, 2011 JP MORGAN EXTENDS ITS OFFERING Yesterday, JP Morgan announced the extension of its offerings direct to the consumer, to include funds from Smith & Williamson. JP Morgan Asset Management has added 10 funds from Smith & Williamson, bringing the total number of third party funds available to investors to just over 600. The funds are: [...]