Thinking about chasing yield in a zero rate world? Don’t, JPMorgan says
JPMorgan’s Stephen Parker warns investors about the pitfalls of chasing yield in a zero interest rate world.
Bruce Berkowitz, facing rough patch, bucks conventional wisdom by betting big
Despite having hit a rough patch, Bruce Berkowitz remains a gambling man.
Gender pay gap to remain until 2069, report says
The gender pay gap in the UK will not close until 2069 based on current salary progressions, research suggests.
Germany’s Schaeuble offers UK’s Boris Johnson a lesson in EU law, in English
U.K. Foreign Secretary Boris Johnson had described one of the the EU’s key positions on the negotiations as “complete baloney.”
Snapchat to launch video-sharing sunglasses, renames itself Snap Inc: WSJ
The glasses can record videos with a length of up to 10 seconds, and will be priced at $129.99, the Wall Street Journal reported.
‘Fit and forget’ smart meters warning
The smart meters project risks being a wasted opportunity for households if they are just fitted and forgotten, a committee of MPs has said.
National Grid deal ‘should be halted’, says GMB union
The sale of National Grid’s gas distribution arm should be put on hold, according to the GMB Union.
Trump foreign policy advisor reportedly being probed for ties to Russia
Officials are concerned that Carter Page has spoken with the Kremlin about lifting economic sanctions on Russia, Yahoo said.
Apple shares fall 2% on mystery report
The move took 11 points off the Dow Jones industrial average, with the stock as the third-greatest contributor to declines in the index.
South African shops salvaging ‘expired’ goods
The Cape Town supermarket owner selling food past its “sell-by” date.