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UK firms weigh job cuts post referendum

  Bloomberg Some British companies are planning to freeze recruitment and are considering moving operations outside the United Kingdom following Britain’s decision to leave the European Union, according to a survey by a business group. An Institute of Directors poll of 1,092 United Kingdombusiness leaders found 24 percent of respondents plan to pause hiring plans, while 5 percent of companies ...

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Hoarding cash in vaults more attractive after exit: Talanx AG

  Bloomberg Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s third-biggest insurer. “Storing physical cash as an alternative to paying negative interest rates does look increasingly attractive,” CEO Immo Querner said in an interview. The aftershocks of the ...

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The perfect cup of coffee costs $3,500

  Bloomberg An espresso machine that can make anything from a concentrated ristretto espresso to a multilayered latte macchiato at the touch of a button. Price: Starts at $3,500 Why It’s Worth It: Because you can easily customize every aspect of your favorite drinks, your morning cappuccino can be perfect and easy. Enter the Jura Z6, which—in a very Swiss ...

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