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  Bloomberg Issuance of CLOs (Collateralized Loan Obligation) in Europe in 2017 may exceed this year’s record for post- crisis sales with a well-stocked pipeline of new deals, no let-up in investor demand and supportive credit conditions. Themes seen in recent months look set to carry over into next year, with the issuer and investor base diversifying, more CLO refinancings ...

  London / AFP Britain’s economy grew faster than expected in the third quarter, revised official data showed, indicating no impact yet from the nation’s looming exit from the European Union. Gross domestic product expanded by 0.6 percent in the three months to the end of September, up from the previous estimate of 0.5 percent, the Office for National Statistics ...

  Bloomberg Tesla Motor Inc. and Panasonic Corp. will begin production of solar cells and modules next year at a plant in Buffalo, New York. Production will begin in the summer, with the factory’s output capacity expanding to 1 gigawatt by 2019, the companies said in a statement on Tuesday. Panasonic will invest more than 30 billion yen ($256 million) ...

  Lima / AFP It powers everything we do, yet remains one of our biggest mysteries. But thanks to an unusual Peruvian museum dedicated entirely to the brain, visitors can get up close and personal with the most complex organ in the human body. The “brain library” at the Santo Toribio de Mogrovejo Hospital in Lima has a massive collection ...

  WOODSTOCK, Vt / AP A small community skating rink that was once in danger of folding is working on a long-term plan to eliminate its biggest single expense — its energy bill — by becoming what its leaders believe would be the country’s first with no costs for electricity or heating fuel. The plan includes upgrading the existing equipment ...

  Helsinki / AFP On the crowded morning metro in Helsinki, silence prevails. Everyone is hunched over their smartphone screens, reading the news, checking emails or watching videos. A loud “yeah!” breaks the quiet, along with delighted screech from a toddler whose mother has just handed him her smartphone to calm him down with a video. Finland, once a world ...

  Relaxnews From January 11 to 14, 2017, the Royal Academy of Art in London will present the first ever 3D-printed artworks in virtual reality, produced in collaboration with HTC Vive. Artists from the Royal Academy and its alumni will create artwork using the virtual reality platform HTC Vive, creations that visitors to the exhibition will be able to experience ...

  Gunpo/ AFP A giant South Korean-built manned robot that walks like a human but makes the ground shake under its weight has taken its first baby steps. Designed by a veteran of science fiction blockbusters, the four-metre-tall (13-foot), 1.5 ton Method-2 towers over a room on the outskirts of Seoul. The hulking human-like creation bears a striking resemblance to ...

  Relaxnews From an engine that says goodbye to cams to a diesel that does away with turbolag, 2016 has produced more than its fair share of engineering innovation and ingenuity; here are three of the most impressive feats. EASY CAM, EASY GO The cam and the camshaft have been mainstays of the internal combustion engine since it moved beyond ...

  ABU DHABI / WAM The UAE leadership is looking forward to a national media industry that lives up to the standards of achievements and rises to the challenges while keeping pace with modern technology to strengthen its mission, reflect the image of the country’s progress, and project and support the UAE’s regional and international causes, said His Highness Sheikh ...