For the first time in the 48-year history of the World Economic Forum (WEF), the 2018 summit in Davos, Switzerland will be chaired entirely by women. The move, a response to previous criticism about the prominence of men in the running of the event, will see seven women on 2018’s […]
FAN Editor
China reports economic growth accelerated to 6.9 percent in 2017
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China’s economy grew 6.9% in 2017, topping both the official target and 2016’s growth
China’s economy grew 6.9 percent in 2017, ending the year on a positive note as official figures topped the government target of around 6.5 percent, the country’s statistics bureau said on Thursday. The growth came despite widespread concerns in the last year about financial risks in the East Asian giant […]
China’s 2017 GDP was 6.9%, topping both the official target and last year’s growth
China’s economic growth likely slowed a tick last year as authorities cracked down on both debt-heavy and pollution-causing industries. The Chinese economy is forecast to have grown 6.7 percent in the fourth quarter from the same period a year ago, and slightly lower than the 6.8 percent in the third […]
Nobel-winning economist has an idea to stop ‘extremely disruptive’ A.I. from harming society
Artificial intelligence (AI) could be the biggest challenge facing the jobs market and even humanity itself, according to Nobel Prize-winning economist Robert Shiller. However, the Yale University professor told CNBC that he had a radical idea that could be implemented to mitigate AI’s potential harm to society. Speaking ahead of […]
Siblings allegedly held captive marched for hours in circles, former neighbor says
The 13 siblings who were rescued from their parents’ home, where they had been allegedly held captive, starved and, in some cases, shackled, were seen walking military-style, single-file, according to a former neighbor. The brothers and sisters — ages 2 to 29 — were found at their parents’ home in […]
Tillerson to visit London, hopes to visit new embassy
FILE PHOTO: U.S. Secretary of State Rex Tillerson removes his headphones used for translation during a news conference during the Foreign Ministers’ Meeting on Security and Stability on the Korean Peninsula in Vancouver, British Columbia, Canada, January 16, 2018. REUTERS/Ben Nelms January 18, 2018 WASHINGTON (Reuters) – U.S. Secretary of […]
Starboard to nominate nine candidates to Mellanox board
Jeffrey Smith, Managing Member, CEO and Chief Investment Officer for Starboard Value LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid/File Photo January 18, 2018 (Reuters) – Activist hedge fund Starboard Value LP has started a proxy fight on Wednesday for control […]
Tillerson: Evidence sanctions ‘really starting to hurt’ North Korea
U.S. Secretary of State Rex Tillerson arrives for a photo op during the Foreign Ministers’ Meeting on Security and Stability on the Korean Peninsula in Vancouver, British Columbia, Canada, January 16, 2018. REUTERS/Ben Nelms January 18, 2018 By David Brunnstrom ABOARD U.S. GOVERNMENT AIRCRAFT (Reuters) – U.S. Secretary of State […]
Google and Singapore’s Temasek are said to be investing in a ride-hailing unicorn
Alphabet’s Google, Singapore state investor Temasek Holdings and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailingstart-up Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors such as global private equity firms KKR & Co and Warburg Pincus are also participating in the funding round […]