Creative currency
The value of modern currency comes not from what it’s made of, but what we all agree it’s worth.
Hurricane Irma will pack a financial wallop for insurers, who will rack up at least $15B in losses
The risk modeling software firm estimates $15 billion to $50 billion in insured losses for the U.S. alone.
Hurricane Irma’s projected path shifts, with Florida’s west coast squarely in its sight
Irma, one of the most powerful Atlantic storms in a century, has lashed the Caribbean with winds and torrential rain.
Putin tells Russia’s tech sector: Ditch foreign software or lose out
Russian technology companies will lose out on state orders unless they switch to using home-grown software, Russian President Vladimir Putin was quoted as saying on Friday.
Hurricane Irma downgraded as it tears into Cuba’s northern coast
Hurricane Irma weakened slightly on Saturday as it battered Cuba’s northern coast.
Half of new-build retirement homes sell at a loss
The charity, which conducted the research for the BBC, calls the findings for new-builds “startling”.
Syrian army, allies seize oilfield from Islamic State in east
The Syrian army and its allies recaptured an oilfield from Islamic State near the eastern city of Deir al-Zor on Saturday in further advances against the militants, state TV reported.
China producer inflation jumps to 4-month high as economy races along
China’s producer price inflation accelerated more than expected to a four-month high in August.
Saudi Arabia squashes talks with Qatar just hours after a breakthrough seemed close
Saudi Arabia on Saturday suspended any dialogue with Qatar, accusing it of “distorting facts.”
‘Unfair staircase tax’ for offices challenged
Businesses with offices separated by communal stairs are being hit with backdated business rates.