Tag Archives: has

James Damore has an ‘above decent’ chance of winning his legal case against Google

James Damore, the man fired by Google after he published a manifesto that suggested women may have a disadvantage in tech because of their biology, may well prevail in the legal case he has filed against his former employer. That’s because he filed his complaint against Alphabet (Google’s corporate parent) under a provision of the National Labor Relations Act that protects workers’ rights ... Read More »

GST has transformed India’s economy: PM Modi in ‘Mann ki Baat’

NEW DELHI: In the 34th edition of his radio programme “Mann ki Baat”, Prime Minister Narendra Modi hailed the Goods and Services Tax (GST) and said the benefits of the landmark tax reform are already visible in the upswing in the country’s economy. “It has been one month since GST was implemented and its benefits can be seen already. GST has transformed ... Read More »

National Treasury still has a chance to save the economy

As SA grapples with three bruising downgrades to its sovereign credit rating, an economy in recession and increasing political uncertainty, National Treasury can play its role in lifting the country from the economic malaise. This is the view of Nedbank’s senior economist Nicky Weimar, who said to avoid further damage in terms of further downgrades by S&P Global Ratings, Fitch ... Read More »

Plunging oil prices show OPEC has lost its grip on the market

OPEC is widely expected to extend production cuts that initially boosted oil futures above $50, but prices just keep falling. That raises concerns that oil prices could struggle to return to their 2017 highs in the mid and upper $50s even if the Organization of the Petroleum Exporting Countries carries over the output reductions through the second half 2017 when ... Read More »

China says North Korea tension has to be stopped from reaching irreversible stage

China said on Friday tension over North Korea had to be stopped from reaching an “irreversible and unmanageable stage” as a U.S. aircraft carrier group steamed towards the region amid fears the North may conduct a sixth nuclear weapons test. Concern has grown since the U.S. Navy fired 59 Tomahawk missiles at a Syrian airfield last week in response to ... Read More »

If the US economy is going to grow faster, the US budget deficit has to rise: Strategist

Need policy action for markets to get to next level: Pro  Tuesday, 21 Feb 2017 | 6:07 AM ET | 02:18 The U.S. economy cannot grow faster without its budget deficit rising, either through increased spending or lower taxes, according to one investment strategist. But getting there won’t be politically easy. The “fiscal deficit has to widen. If it doesn’t widen, ... Read More »

Singapore self-driving taxi has first ‘prang’

A self-driving taxi being trialled in Singapore has had its first accident. nuTonomy, the firm behind the scheme, said the car had clipped a small lorry while driving at about four miles per hour. It played down the incident as a “small prang”, saying only minor damage was caused and that neither of the two engineers on board were hurt. ... Read More »

Sumner Redstone has power to remove Viacom CEO from his trust

Sumner Redstone has the power to remove Viacom Inc (VIAB.O) Chief Executive Philippe Dauman, but not his daughter Shari, from the trust that will control his $40 billion media empire after his incapacitation or death, according to two sources familiar with the matter. There is no evidence that Sumner Redstone is considering replacing Dauman. But the fact that Shari Redstone ... Read More »

Affordable housing crisis has engulfed all cities in southern England, says Lloyds

Bank study finds no city in the south with homes under 7.5 times average local income with average UK city house price now at 6.6 times average local pay House prices in Winchester, Hampshire, have risen faster than anywhere else in the UK over the past decade. Photograph: Martin Godwin for the Guardian There is no longer a city in ... Read More »