Thursday, 31 May 2018

UK strikes reach all-time low in 2017

The number of stoppages and the number of workers involved in labour disputes hit a record low last year.

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'Don't buy Viagogo tickets'

Digital minister Margot James tells consumers not to use the Geneva-based ticket reseller.

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Paris moves to improve air quality

Paris is leading the move to cut pollution by banning some vehicles from its streets.

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Seeking a silent retreat from urban life

Silent retreats are an increasingly popular form of escape from the stresses of urban life.

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Exotic mushrooms help Kashmir

In the troubled region of Kashmir, a rare type of mushroom is giving locals a chance to earn money.

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How Starbucks hopes to end staff racism

The coffee chain is giving all US staff "unconscious bias" training. We explain what that involves.

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Orla Kiely: 'Stem pattern was a very quick design'

Orla Kiely reveals the secrets behind the designs she's created over the past 20 years.

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The strawberry-picking robots coming to a farm near you

Strawberry producers say they can't find enough humans to pick their fruit, so are robots the answer?

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How the light bulb became a million dollar idea.

The BBC's Aaron Heslehurst explains how the light bulb became a million dollar idea.

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Thameslink compares poor service to Poundland chocolate

Thameslink is threatened with legal action for comparing its poor service to Poundland chocolate.

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Starbucks shuts 8,000 US stores for race training

The coffee chain closes all 8,000 cafes in the US for an afternoon of "racial bias" training.

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Protectionist racket?

The EU is not the freest trader, but on many measures it is near the liberal end of the spectrum.

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Vaping's rise in five charts

Spending on e-cigarettes is increasing. The BBC looks at what's behind the rise.

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Paris in the smog

Could the French capital provide a template for cutting pollution in other cities?

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Weather warning

There is a significant link between higher temperatures and lower school achievement, says a US study.

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Financial high

Meet some of those hoping to capitalise in the world's biggest cannabis market.

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Bitter on Twitter

Experts take us through the dos and don'ts of social media interactions with customers.

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US regulators begin to ease Volcker rule

Changes will make it easier for banks to conduct ‘market-making’ trades for clients

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World Cup 2018: can one billionaire save Russian football?

As fans fret about the hosts’ performance, Sergei Galitsky believes he can transform the sport

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Italy turmoil gives Draghi dilemma over ECB action

Central bank hawks want to keep plan to end QE but market jitters could force rethink

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Hardline North Korean general meets Pompeo

US secretary of state’s talks offer hope that Trump-Kim summit may still go ahead

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BofA prime broking unit suffers string of departures

At least six employees have left following dismissal of Omeed Malik in January

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Rusal’s dividends from Norilsk threatened by sanctions

Loss of lucrative payouts would be major blow to Deripaska’s group

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China’s market connects with the world

Adding more than 200 of its companies to the MSCI Emerging Markets index will transform the global equity market. But for some it could be a painful transition

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Rajoy under fire: how Spain’s PM could be pushed out

Confidence debate in parliament starts but opposition is split on best outcome

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Microsoft speeds up in race to $1tn valuation

With a wider range of services in its surging cloud division, growth is accelerating

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Beijing to loosen foreign investment ‘negative list’

China says it will meet key US demand on trade restrictions

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Law firms feel chill from icy relations with Russia

Attack on Linklaters reflects changing climate in City towards Russian corporations

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Tommy Robinson and the rise of the global alt-right

The jailed activist was warning of the dangers of the far-right just five years ago

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Tencent hires banks to list music unit in New York

Chinese group that dominates domestic streaming market looks set for $30bn valuation

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Meeker tells tech giants to expect scantier growth

Veteran Silicon Valley analyst sees competition intensifying now half the world is online

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Hovnanian reverses course on controversial default

US builder will make payments after all as Blackstone’s GSO settles lawsuit with Solus 

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Wilbur Ross rebuffs EU demands for tariff exemptions

Hopes fade in Brussels that full carve-out from punitive tariffs can be secured

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China emerges as Asia’s surprise leader in data privacy

Europe’s GDPR rules prompt work to improve regulation across the region

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‘Assassinated’ Russian journalist turns up alive

Set-up enables police to catch hitman and person who ordered attack, says lawmaker

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The Bad Blood at Theranos

Theranos’ Fatal Flaws Were in Plain Sight With this many red flags, it’s a wonder the collapse didn’t come sooner. Bloomberg, May 30, 2018.     Last week, I previewed 10 books I want to tackle during the summer reading season. I finished the first one, “Bad Blood: Secrets and Lies in a Silicon Valley…

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April Existing Home Sales

Source: Calculated Risk   I’ve shown this wonderfully informative chart from Calculated Risk before, but its a worthwhile reminder that sometimes, the standard line price or volume charts are not the most informative ways to depict a data series. The above Existing Home Sales chart reveals two interesting issues: the first is the seasonality of residential…

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10 Wednesday AM Reads

My mid-week morning train reads: • Soros: How to Save Europe (Project-Syndicate) • Easy in Theory, Difficult in Practice (Of Dollars And Data) • Price Is What You Pay; Value Is What You Get – Nifty Fifty Edition (FFA) • Harvard study estimates thousands died in Puerto Rico because of Hurricane Maria (Washington Post) see also Trump Failed the Americans of Puerto Rico (Bloomberg…

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Have the Biggest U.S. Banks Become Less Complex?

Have the Biggest U.S. Banks Become Less Complex? Linda S. Goldberg and April Meehl Liberty Street Economics, May 07, 2018         The global financial crisis, and the ensuing Dodd-Frank Act, identified size and complexity as determinants of banks’ systemic importance, increasing the potential risks to financial stability. While it’s known that big banks…

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Hal Varian on Googlenomics

Hal Varian serves as Google’s chief economist, is a professor emeritus at the University of Berkeley and a fellow at the Guggenheim Foundation, the Econometric Society. He’s also the author of two economics textbooks, and the co-author of the bestselling business strategy book, Information Rules: A Strategic Guide to the Network Economy.     Source Jimmy P  …

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A risky corner of the ETF market has boomed this year as YOLO traders chase the rally

A fund that tracks Nvidia stock is one of the most popular leveraged ETFs. Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia F...