BLOOMBERG BNP Paribas SA and UniCredit SpA are closest to running into regulatory restraints on making payouts on securities, including their riskiest bonds, among the European banks followed by analysts at CreditSights Inc. If BNP were to run up losses that consumed capital amounting to 1.05 percent of assets weighted by risk, that would crimp the Paris-based lender’s ability to ...
Read More »Where’s the lane?
Los Angeles / Reuters Volvo’s North American CEO, Lex Kerssemakers, lost his cool as the automaker’s semi-autonomous prototype sporadically refused to drive itself during a press event at the Los Angeles Auto Show. “It can’t find the lane markings!†Kerssemakers griped to Mayor Eric Garcetti, who was at the wheel. “You need to paint the bloody roads here!†Shoddy infrastructure ...
Read More »Back to work!
Washington / AP Americans are flooding back into the job market at the fastest pace since before the Great Recession, encouraged by steady hiring and some signs of higher pay. The flow has halted, at least temporarily, one of the economy’s more discouraging trends: the sharp decline in the percentage of people either working or looking for work. That figure ...
Read More »10 ‘computers’ which made their mark on tech history
Bloomberg In its 40 years of existence, Apple, which is celebrating its anniversary this week, has revolutionised the history of the personal computer by widening the public’s access to computing and excelling at innovation. Here’s a selection of 10 iconic Apple computers. 1976: the Apple I. This was the very first computer put on sale by the Californian company. Less ...
Read More »BAE Systems unmasks ‘cybercriminals’
Emirates Business BAE Systems unveiled some of the biggest threats to businesses by profiling six prominent types of cybercriminals, exposing how they cause harm to companies around the globe, and providing some practical ways that companies can defend against them. Threat intelligence experts at BAE Systems have revealed ‘The Unusual Suspects’, built on research that demonstrates the motivations and methods ...
Read More »Windows 10 reaches 270 million users
Relaxnews Windows 10 is now in use in 270 million devices, the tech giant said, hailing a strong debut for the multiplatform operating system launched last year. “Windows 10 is off to an amazing start,†said chief executive Satya Nadella as he opened the Microsoft Build developers conference in San Francisco, saying the figures represent the fastest ever adoption of ...
Read More »Instagram now features longer videos
Relaxnews Mobile photo and video sharing service Instagram announced that users can now share videos of up to 60 seconds. The longer video capability on Instagram began coming out for some users on March 29 and will be available to anyone on Instagram in the coming months. For iOS users, Instagram will also be bringing back the option to make ...
Read More »Google unveils landline phone, which ‘lives in cloud’
Bloomberg Google unveiled a new landline telephone service aimed at helping consumers stay connected in the Internet cloud. The new Fiber Phone service will be made available to a few US markets and later expanded to other cities where Google offers high-speed Internet. The new service adds a few high-tech features to the landline, such as transcribing voice mails and ...
Read More »Denim accessories are back again!
Relaxnews When Rihanna announced a new denim footwear collection with designer Manolo Blahnik earlier this month, we knew our favourite fabric would form the basis of a key trend for Spring/Summer 2016. This season, expect denim to be everywhere — apart from on your jeans. Spring 2016 is all about the revival of the denim accessory, and designers are digging ...
Read More »Parachute jackets, bandage skirts: A retro look at communist era Poland
AFP An elegant former hotel employee remembers dyeing gauze bandages and turning them into ruffled skirts to remain fashionable despite chronic shortages in communist-era Poland. “It was a major challenge; to make something that was impossible to get your hands on otherwise,” recalled Iwona Koczwanska who groaned when asked her age. “We had to be creative. I remember once sewing ...
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