admin July 21, 2018

OPEN a toolbox, pull out a spanner and you may be holding a bit of the answer to global warming: vanadium, a metal named after Vanadis, the Scandinavian goddess of beauty. Used mostly in alloys to strengthen steel, its appearance may not live up to the romance of its name. Yet vanadium could become a […]

admin July 21, 2018

President Donald Trump has escalated his highly unusual attack on the Federal Reserve. He tweeted early Friday that higher interest rates are taking away America’s competitive edge with China. On Thursday, he complained that higher rates were undoing his administration’s efforts to help the economy. The dollar fell on Trump’s tweets. The Federal Reserve was […]

admin July 20, 2018

EVEN the most celebrated firms have their hiccups. On July 16th Netflix, an online-streaming giant, presented disappointing news to investors: it had added just 5.2m new subscribers in the second quarter of 2018, well below its projected number of 6.2m. Shares plunged by 14%; they have since recovered some ground. This most recent bout of […]

admin July 20, 2018

Europe is hoping crunch talks with the United States next week will head off the threat of car tariffs and a transatlantic trade war. But expectations for the meeting between President Donald Trump and European Commission President Jean-Claude Juncker could hardly be lower. “Anything short of an outright disaster would be considered a success,” Judith […]

admin July 20, 2018

The world needs to see the real Elon Musk. “The public perception of Elon Musk more recently is he is thin-skinned and short-tempered,” said tech analyst Gene Munster in an interview with Christine Romans on CNN on Friday. Munster penned an open letter to Musk asking him to take a break from Twitter. “That’s not […]

admin July 20, 2018

TO PAY for his professional flight degree at Purdue University in Indiana, Andrew Hoyler had two choices. He could rely on loans and scholarships. Or he could cover some of the cost with an “income-share agreement” (ISA), a contract with Purdue to pay it a percentage of his earnings for a fixed period after graduation. […]

admin July 20, 2018

LIKE other countries, China has bureaucratic infighting. But it does better than most at keeping tussles hidden from outside view, especially under Xi Jinping, a president who brooks no dissent. So it has been highly unusual to see a spat between the central bank and finance ministry spill into the open. It reveals cracks in […]