Moshieng Moele

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EU blocks $28 billion LSE, Deutsche Börse merger

BRUSSELS--The European Union's antitrust watchdog on Wednesday formally blocked the planned $28 billion tie-up between Deutsche Börse AG and London …

London Stock Exchange
Construction

China's currency still has major growing up to do

<i>The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.</i><p>With one of the world's largest economies and a growing financial sector, China continues to rise as a global …

China

The least educated people in the world are in denial about how robots will take over their jobs

Emolument surveyed 900 people working across "several industries and countries" and found that those with no university education were least likely to think that technology is a risk to their job. Just 18% of people with no degree answered yes when asked: "Is technology putting your job at risk?"<p>On …

University of Oxford

Tesla is on the verge of completely changing the way it does business

Musk and the team never live up to the ambitious expectations they establish, and for good reason. There is nothing to be gained from aiming low if you're trying to reinvent a 100-year-old technology like the automobile.<p>That pattern was already due to be modified if not changed outright, as Tesla …

Tesla

Trump has turned over tax returns _ for lawsuits and loans

WASHINGTON (AP) — While Donald Trump won't publicly release his income tax returns, the New York businessman has turned them over when it suited his needs — if he stood to make a profit, needed a loan or when a judge forced him.<p>Pennsylvania gaming regulators were given at least five years' worth …

Donald Trump

Economists say Trump's economic plan is an impossible blend

NEW YORK (AP) — Donald Trump has attached a price tag to an economic vision promising what many economists say is impossible: lower taxes, a dramatic expansion in some federal programs and a slimmer government running a smaller deficit.<p>In a speech Thursday to the Economic Club of New York, Trump …

Economics

The EU is threatening to sue Britain for millions if it negotiates trade deals before Brexit

There is a "high risk" of the EU taking Theresa May's government to court if it begins negotiating trade deals with countries the 28-nation bloc is already negotiating with, according to documents leaked to the Times newspaper.<p>Liam Fox, the Tory minister who oversees the Secretary of State for …

United Kingdom

North Korea fires 3 missiles as G-20 continues in China

TOKYO — North Korea fired three medium-range ballistic missiles into the sea off its east coast Monday, landing close to Japan, in a show of force that coincided with the meeting of leaders of the world’s 20 largest economies in neighboring China.<p>North Korea launched the missiles, believed to be …

North Korea

Obama has 'blunt' meeting with Putin but 'gaps of trust' on Syria remain

<b>Hangzhou, China (CNN) —</b> President Barack Obama wrapped up his final G20 meetings Monday confronting two of his prickly global counterparts, saying his meeting with Russian President Vladimir Putin was "candid, blunt and businesslike" and that bombastic comments from his Philippine counterpart could …

Barack Obama

Amid US Olympic success, Trump critics mock 'we don't win anymore'

<b>(CNN) —</b> Donald Trump has said the United States "doesn't win anymore" with regard to trade, immigration and national security.<p>Now a few of his critics have seized on the country's Olympic victories to turn the Republican nominee's signature line against him.<p>Ohio Gov. John Kasich, who alongside …

Donald Trump

The IMF made Greece a sacrificial lamb to save the euro

There's a new chapter in the ongoing tale of IMF incompetence. Take a look at this <i>UK Telegraph</i> headline that recently caught my eye.<p>The love affair was no surprise. Nor was the fact that the IMF had taken part in the immolation of Greece. No, the surprise was that the IMF would <i>publicly disclose the</i> …

Europe