There is plenty of talk about how social media, artificial intelligence and robots will change our world. Virtual reality has received less attention. Yet more than 1 million headsets were shipped in the third quarter of 2017, and increases in computing power and bandwidth may make this innovation “the next big thing.” As I see it, even if the early ...

Bloomberg An inflation rate that’s breached India’s target and growth that continues below potential will probably prompt the cen-tral bank to keep interest rates unchanged through the coming year. The benchmark repurchase rate will stay at 6 percent until at least the first quarter of 2019, according to most economists in a Bloomberg survey published this month. While swap markets ...

Bloomberg Sweden’s central bank formally ended a program of bond purchases after almost three years, but pledged support for the nation’s debt market into 2019 in a step designed to ensure a smooth retreat from record stimulus. In the Stockholm-based Riksbank’s last meeting of 2017, policy makers kept their key interest rate unchanged at minus 0.5 percent, as expected by ...