Tag: Business

#Brexit uncertainty hits business confidence in Europe, survey shows

#Brexit uncertainty hits business confidence in Europe, survey shows

| May 30, 2019

Uncertainty over Britain’s departure from the European Union has triggered a sharp drop in business confidence in Europe over the past six months, a survey showed on Thursday, according to Reuters’ Carolyn Cohn. Only 50% of European business leaders said they were confident about the ability of their firms to grow and prosper, compared to 70% […]

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#EIB approves €6 billion backing for business, transport, health and housing investment

#EIB approves €6 billion backing for business, transport, health and housing investment

| November 16, 2018

Hospital patients in France and the Netherlands, commuters in Poland, Spain, France and India, and energy consumers in Bulgaria, Greece and the Gambia will all benefit from investment in new projects approved by the European Investment Bank (EIB). At their monthly meeting in Luxembourg on 13 November the board of the EIB agreed €6 billion […]

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#Robot industry key in #China’s manufacturing sector

#Robot industry key in #China’s manufacturing sector

| April 25, 2017 | 0 Comments

Microsoft founder Bill Gates’ recent calls for income tax on robots triggered a public debate on whether the workers will be threatened by robots or artificial intelligence. Realizing the dilemma years earlier, China has given its prescription by prioritizing the robot industry in manufacturing sector, writes Qiang Wei. “Right now, the human worker who does, […]

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Chinese #smartphone company climbs technology ladder with self-developed chip

Chinese #smartphone company climbs technology ladder with self-developed chip

| April 20, 2017 | 0 Comments

Xiaomi, one of China’s leading smartphone manufacturers, released its first independently developed smartphone chip on Tuesday (18 April), making it the fourth cellphone company in the world that can independently develop processor after Apple, Samsung and Huawei, writes Liu Ningning. Pengpai S1, the fingernail-sized chip, cost Xiaomi over 1 billion yuan ($145 million) in research […]

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#China declares determination to eliminate ‘zombie companies’

#China declares determination to eliminate ‘zombie companies’

| April 10, 2017 | 0 Comments

Chinese President Xi Jinping reiterated on Tuesday (4 April) the central government’s determination to weed out “zombie companies” that have been holding back economic reforms, in a bid to move forward its plan to reduce excess industrial capacity, writes Huan Xiang. Xi made the comment at a meeting of the Central Leading Group on Finance […]

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Insurer Lloyd’s of London confirms new #Brussels subsidiary

Insurer Lloyd’s of London confirms new #Brussels subsidiary

| March 31, 2017 | 0 Comments

Lloyd’s of London says it will establish a new European subsidiary in Brussels to avoid losing business when the UK leaves the EU. The 329-year-old insurance market confirmed the plan as it released its latest annual results. “A subsidiary office will be opened in Brussels with the intention that it will be operational for the […]

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UK digital strategy good news for West Midlands tech hubs post-#Brexit

UK digital strategy good news for West Midlands tech hubs post-#Brexit

West Midlands MEP Daniel Dalton has welcomed the launch of the UK government’s digital strategy, which sets out plans for infrastructure spending, investment in digital skills and research and development and creating a pro-innovation regulatory environment. The Strategy is designed to make the UK, already the biggest tech economy in Europe, an even more attractive […]

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