World
Asia-Pacific stocks set for lower start as investors await China’s factory activity data for May
SINGAPORE — Shares in Asia-Pacific looked set for a lower Tuesday start as investors await the release of official Chinese factory activity data for May. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 27,325 while its counterpart in Osaka was at 27,320. That compared against the […]
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Chelsea takeover: Todd Boehly completes £4.25bn takeover as Roman Abramovich era ends
Boehly’s simple refusal to countenance any distractions has proved central to the Connecticut billionaire’s successful Chelsea takeover. Nurphoto | Nurphoto | Getty Images The Todd Boehly-led consortium have completed a £4.25bn takeover of Chelsea, ending Roman Abramovich’s 19-year ownership of the club. After months of negotiations, the deal was finally approved on Wednesday morning when […]
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German inflation at highest level in nearly half a century
Cologne, Germany, February 19 2022: Consumer prices in Germany increased an annual 8.7% in May, the Federal Statistics Office said on Monday. Sascha Schuermann | Getty Images News | Getty Images German inflation reached its highest level in nearly half a century in May, a result of energy and food prices that have only gone […]
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What’s next for the ‘Metaverse’?
In the future, we could be spending more time in virtual worlds. That’s what the world’s tech giants are betting on anyway, as they push forward the Metaverse. Source
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UK launches new visa for world’s top graduates — is your college on the list?
Graduates from the world’s top colleges, who are still early on in their careers, will now be able to apply for a short-term visa to stay and work in the U.K. From Monday, the U.K. government has said people who have graduated, in the last five years, from one of the eligible leading universities listed […]
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EU to discuss watered-down oil embargo on Russia as Hungary holds firm
Oil prices rose as traders closely monitored the prospect of the EU agreeing to impose a ban on Russian oil imports. Attila Kisbenedek | Afp | Getty Images The European Union on Monday will continue to work toward an agreement to embargo Russian oil after attempts to do so on Sunday failed. The talks are […]
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China and Pacific islands unable to reach consensus on security pact
Chinese Foreign Minister Wang Yi gestures leaves after a joint press conference with Fijian Prime Minister Frank Bainimarama in Fiji’s capital city Suva on May 30, 2022. Leon Lord | AFP | Getty Images China’s Foreign Minister Wang Yi on Monday urged the Pacific region not to be “too anxious” about his country’s aims after […]
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South Korea is betting on the metaverse — and it could provide a blueprint for others
An attendant with the Meta Oculus Quest 2 headset on a virtual reality tour during the Mobile World Congress in Barcelona in March, 2022. South Korea is betting on the metaverse as the next big thing, but there are still questions over the shape the industry will take in the coming years. Joan Cros | […]
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Top recruitment and tech execs give their tips for getting ahead at work
AndreyPopov | iStock | Getty Images Executives at leading recruitment and technology companies have shared with CNBC their top tips for getting ahead in the workplace. Workers continue to hold most of the cards in the labor market, with the “Great Resignation” still underway. Nevertheless, it’s still important to understand the best ways to maximize […]
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Global recession? Not yet, economists say — but brace for high prices, low growth
A global recession is not imminent, but brace for rising costs and slower growth, economists say. “There will be no sudden ‘after’ of stagflation,” said Simon Baptist, global chief economist at the Economist Intelligence Unit, referring to a surprise recession after a period of stagflation. As the war in Ukraine and pandemic disruptions continue to wreak havoc on […]
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