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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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SMEs see bright road ahead

  Sanobar Sabah / Special to Emirates Business Shrinking employment opportunities across various sectors in the UAE are triggering greater interest in entrepreneurship, say experts and local entrepreneurs. This appears to be the case among nationals as well as expatriates. “People are inspired by the success of startups with disruptive business models, and by internet-powered businesses which have managed to ...

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