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Obesity costs SA economy more than R700bn per year – study

Johannesburg – The economic impact of obesity in South Africa is more than R700bn per year, a study revealed. According to the Discovery Vitality OBEcity index for 2017, which presents insights on weight status and food purchasing behavior of Vitality members across six South African cities, the impact of obesity is not only limited to the health of individuals but the ... Read More »

I just drove the Tesla Model 3, and it changes everything – the entire world will want this car

Tesla has been promising a great electric car for the masses since its founding, and on Friday that car finally arrived. Before a handoff of the first 30 Model 3’s to owners at Tesla’s factory in California, I got to spend about fifteen minutes behind the wheel of thelatestt car of the future (I had been given a short ride ... Read More »

10 of the worst companies to work for in the UK – according to their employees

JD Sports employees rated the sportswear brand just 2.6/5 for job satisfaction  CREDIT:NICK ANSELL/PA WIRE The Financial Ombudsman, Laura Ashley and Ladbrokes are some of the worst companies to work for in the UK, according to employee ratings on the job site Glassdoor. The website holds a database of millions of company reviews curated by those who know the company best — their employees. The ... Read More »

Insight – Yahoo security problems a story of too little, too late

In the summer of 2013, Yahoo Inc launched a project to better secure the passwords of its customers, abandoning the use of a discredited technology for encrypting data known as MD5. It was too late. In August of that year, hackers got hold of more than a billion Yahoo accounts, stealing the poorly encrypted passwords and other information in the ... Read More »

Tata Steel may close UK pension scheme – union source

Tata Steel UK is looking at closing its defined benefit pension scheme to future accruals and move members onto a defined contribution pension instead, a union source said on Wednesday. Britain’s largest steelmaker is seeking a way to lessen the British Steel Pensions Scheme’s deficit, which is one of the main stumbling blocks in talks to merge Tata Steel’s European ... Read More »

Germany’s economy minister – U.S.-EU free trade talks have failed

Germany’s Economy Minister Sigmar Gabriel said on Sunday that talks on the Transatlantic Trade and Investment Partnership (TTIP), a free trade deal being negotiated by the United States and the European Union, had essentially failed. “The negotiations with the USA have de facto failed because we Europeans did not want to subject ourselves to American demands,” he said, according to ... Read More »

The Obama administration is now ‘giving full cover to the Russians’ in Syria – and the results are ‘catastrophic’

People inspect the damage at the Medecins Sans Frontieres (MSF)-backed al-Quds hospital after it was hit by airstrikes, in a rebel-held area of Syria’s Aleppo, April 28, 2016. Forces loyal to Syrian President Bashar Assad pounded the Syrian city of Aleppo with airstrikes on Thursday, targeting a hospital and killing at least 55 civilians in a new offensive that is ... Read More »

Column: India’s thirst for gasoline helps spur global oil demand – John Kemp

India’s gasoline consumption is surging and has become one of the fastest-growing components of global oil demand. With other parts of the global economy struggling, continued growth in gasoline consumption in India, together with the United States and China, has become one of the most important indicators for global oil prices. Saudi Arabia and other members of the Organization of ... Read More »

French central bank head cautions on oil price impact – newspaperFrench,central,bank,head,cautions,on,oil,price,impact,-,newspaper

The European Central Bank could extend money printing, the head of France’s central bank told a German newspaper on Sunday, as the long-term impact of low oil prices weighs on euro zone economies. ECB governors from across the euro zone, including France and Germany, will meet in early March to decide whether to adjust interest rates or extend a scheme ... Read More »

Highlights: India says economy to grow 7-7.75 pct in 2016/17 – report

India should review its medium-term fiscal strategy, a government report recommended on Friday, an indication of the challenge Finance Minister Arun Jaitley faces to raise pay for government employees and bail out banks without increasing borrowing. The Economic Survey, which sets the scene for Jaitley’s third annual budget on Monday, forecast that the Indian economy would grow by between 7.0 ... Read More »