November, 2016

• 26 November

  China bad-loan disposal no easy task with slowdown

  

    Bloomberg Tougher economic conditions and overcapacity in the steel, coal and cement sectors are making it harder and less profitable for China’s bad-loan managers to dispose of soured credits, according to a survey. Only 4 percent of 101 respondents at the nation’s distressed asset-management firms said they found it “easy” or “relatively easy” to dispose of bad loans, China ...

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• 26 November

  IDB seeks strategic stake in Turkey’s Borsa Istanbul

    Reuters The Islamic Development Bank (IDB) will seek a strategic stake in Turkey’s main stock exchange and collaborate on developing a gold trading platform for use by majority-Muslim countries, part of a broad agreement signed on Thursday. The Saudi-based IDB did not specify a size or timeframe for the acquisition of share capital in Borsa Istanbul, but said in ...

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• 26 November

  Tech to tackle overfishing, labour abuse at sea

  

    BANGKOK / AP Fishing boats used high-tech systems to find vast schools of fish for decades, depleting stocks of some species and leading to the complete collapse of others. Now more than a dozen apps, devices and monitoring systems aimed at tracking unscrupulous vessels and the seafood they catch are being rolled out — high-tech solutions some say could ...

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• 26 November

  A ‘virtual’ revamp for the way we eat in 2017

    Relaxnews Virtual restaurants are predicted to be one of the biggest trends to define the food and dining landscape in 2017, according to a trendspot- ting report. After the “Uberization” of food delivery, experts at the New York-based consultancy group Baum + Whiteman predict that “restaurants without seats, and seats without restaurants” will become increasingly popular and add another ...

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• 26 November

  Self-driving truck to hit Ohio roads

  

    COLUMBUS / AP A self-driving truck will begin traveling on two Ohio roads next week after state officials announce details of new investments to support innovative transportation technology. A vehicle from self-driving truck maker Otto will travel a 35-mile stretch of US Route 33 on Monday in central Ohio between Dublin and East Liberty, home to the Transportation Research ...

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• 26 November

  Charge your smartphone batteries in minutes

  Relaxnews A team of UCF scientists has developed a new process for creating flexible supercapacitors that can store more energy and be recharged more than 30,000 times without degrading. A team of scientists at the University of Central Florida (UCF) may have found the right formula for making long-lasting, super-powerful supercapacitors that work with existing battery materials and are small ...

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• 26 November

  Consumers are hacked off with the web

  

    Relaxnews A new report from the Internet Society highlights shows that companies are not doing enough to protect themselves from cybercrime and if they continue to do nothing, they are going to start losing customers quickly as consumer confidence in web services is at an all-time low. The 148-page report condenses and cross-examines data gathered from a wealth of ...

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• 26 November

  When prints rule the runway

  

    RELAXNEWS Back in September, ready-to-wear labels presented their spring/summer 2017 collections, giving fashion fans a full overview of the upcoming season’s biggest trends. With inspirations ranging from retro, masculine and pop art to minimalist chic, each collection stood out with individual influences, styles and codes specific to brands. However, almost all of the SS17 collections featured the season’s hottest ...

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• 26 November

  adidas & Porsche Design Sport unveil a new ‘urban commuter’ collection

  

    Relaxnews adidas has unveiled the details of its next collection with Porsche Design Sport, a range of cycling essentials for the “Urban Commuter.” Inspired by the latest technology, natural structures and geometric graphics, the new Spring / Summer 2017 range is comprised of two capsule collections to offer the urban cyclist a range of key pieces specifically designed for ...

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• 26 November

  Michael Kors rolls out new S’pore-themed accessories

    Relaxnews Michael Kors is making his mark on Asia with a new flagship store in Singapore’s Mandarin Gallery, and a new accessories collection to match. The store holds the dual honor of being the US fashion brand’s largest in Southeast Asia, as well as the first freestanding store in the region to carry the label’s menswear collection. After opening ...

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