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      Bailey warns AI may not ‘live up’ to market hype

      Andrew Bailey, Governor of the Bank of England, in a suit and tie, looking thoughtful during a press conference.

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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  • John McCain was a champion against pork barrel spending

    August 28, 2018

    Millions of words have been written about US senator John McCain since his death last weekend. He has rightly been lauded as a statesman, a hero, a maverick (his own term) – but one accolade that has been missing is his role as a champion for taxpayers. Given his military background and heroism during the [...]

  • Sports Direct slams ‘greedy’ House of Fraser landlords

    August 28, 2018

    Mike Ashley's Sports Direct has slammed "greedy landlords" as the group conducts discussions over the future of 59 House of Fraser stores. Several branches of the department store chain which were due to close in early 2019 have been given a reprieve after the new owners negotiated with landlords. But the fate of several shops [...]

  • Turkish lira falls as investors focus on lack of progress in US dispute after holiday week

    August 27, 2018

    The Turkish lira suffered a further steep sell-off today as the embattled nation returned from a week-long national holiday to a currency crisis showing little sign of improvement. The currency fell by nearly five per cent in earlier trade against the US dollar, before firming to a daily loss of just over 2.3 per cent [...]

  • Corbyn antisemitism storm grows as MP reports him to parliamentary watchdog

    August 25, 2018

    Labour party leader Jeremy Corbyn was reportedly the subject of a complaint to the parliamentary watchdog last night relating to comments from 2013 where he accused British Zionists of not understanding "English irony". Conservative MP Helen Grant wrote to Kathryn Stone, parliamentary commissioner for standards, asking for Corbyn to be investigated over the comments. Read more: [...]

  • Property of the Week: Find out how much it is to have former prime ministers and BBC presenters as neighbours in Connaught Village

    August 24, 2018

    Most London villages are affluent places that aim to be the best of both worlds. Leafy streets and indie retailers take the beauty and community of rural life, but the school run can be done on foot and the office is half an hour away on the Tube. Albion Street, Hyde Park, £5m Connaught Village [...]

  • Corbyn’s plan for the BBC would harm the press and prevent new media from thriving

    August 24, 2018

    Taxing tech giants for the purpose of levelling the playing field is a monumentally bad idea. Unfortunately, it’s gaining traction. Over the past few weeks, we’ve seen calls for an “Amazon Tax” from chancellor Philip Hammond to help save the high street. The immediate implications of increasing the tax burden on companies like Apple, Amazon, [...]

  • Why are Premier League clubs being paid in Bitcoin for their commercial deals with trading platform eToro?

    August 23, 2018

    If 2018 has been the year of football dipping its toe into the world of cryptocurrency, then this week saw some teams go a little deeper into uncharted waters. On Tuesday, seven Premier League clubs including Tottenham and Crystal Palace announced that they had signed commercial partnerships with investment platform eToro. What made these deals [...]

  • James Vince: Hampshire captain’s England Test selection shows selector Ed Smith sticking to his word

    August 23, 2018

    James Vince’s recall to the England squad to face India in the fourth Test match at the Ageas Bowl next week was met with a near-uniform sigh. Reading the comments below the announcement on social media, the general opinion was that the Hampshire batsman had his chance and blew it. The 27-year-old has played 13 [...]

  • Chinese behemoth Alibaba hails significant revenue hike, despite profit blip

    August 23, 2018

    Alibaba today bolstered its position as China’s largest online retailer, revealing revenue growth of 61 per cent for its first quarter. The group published an income of 80.9bn yuan (£9.2bn) in the three months ending June, marginally ahead of forecasts, and an increase in customers on the Taobao shopping platform as 576m people flocked to the website and app, up four [...]

  • La Liga to play matches in the US: Why the Premier League will be watching Spanish football’s stateside experiment closely

    August 22, 2018

    The hackneyed joke about Spanish football’s top flight used to be that there was only one fixture worth watching: the bi-annual collision of domestic superpowers Real Madrid and Barcelona. La Liga’s announcement today that it is to stage matches in the United States has rubbished that notion further still – there will be no shortage of [...]

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