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EU warns France, Italy over risk of breaking fiscal rules

Bloomberg Italy and France are at risk of breaching European Union (EU) spending rules, the bloc’s executive arm said, warning that only countries with a healthy budget position should be pushing expansionary policies. In a set of assessments, the European Commission said the 2020 spending plans of eight countries are “at risk of non-compliance.” In addition to France and Italy, ...

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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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