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Google CEO opens new Japan campus

Bloomberg Google Chief Executive Officer Sundar Pichai was in Tokyo to inaugurate the relocation of the company’s Japanese head office to an expansive new complex in the trendy district of Shibuya. Taking up the majority of the gleaming new 35-floor Shibuya Stream skyscraper, Google has put its name on the building and dedicated two floors to a newly launched Google ...

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AI poised to impact high-skill US jobs including finance, tech

Bloomberg Artificial intelligence (AI) is coming for America’s high-paid professions as it creates winners and losers across the labour market like never before. White-collar jobs and better-educated occupations along with production workers are among the most susceptible to AI’s spread into the economy, according to a Brookings Institution report that draws on a new analysis of patent data by a ...

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ECB warns of risks to financial stability from its own stimulus

Bloomberg The European Central Bank (ECB)warned of potential side effects from its loose monetary policy, highlighting how years of unprecedented stimulus designed to bolster the economy is contributing to an erosion of financial stability. Low interest rates have encouraged excessive risk-taking by investment funds and insurers as well as in some real estate markets, the ECB said in its semi-annual ...

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