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Brexit: JPMorgan Said in Talks for Dublin Office

Citi Weighs EU Unit

JPMorgan Chase & Co. is in talks to buy a Dublin office building as the bank considers expanding in the Irish capital as one of its options for when Britain leaves the European Union, according to people with knowledge of the matter. The lender is negotiating the potential purchase of a building being developed by a venture between Kennedy Wilson Holdings Inc. and Ireland’s National Asset Management Agency, the people said, asking not to be identified because the plans are private. The building at 200 Capital Dock has about 130,000 square feet (12,000 square meters) of space, the people said. That’s enough for more than 1,000 workers.…  Fri.,  31 March 2017

Brexit: Lloyd’s of London chooses Brussels to set up it’s Hub

London’s 329-year old insurance market is setting up in Brussels to counter Brexit effects

Lloyd’s of London, the insurance market founded in the British capital in 1688, plans to open a European Union hub in Brussels following the U.K. vote to leave the bloc. The company expects the office to be operational at the beginning 2019, it said in a statement on Thursday, without giving further details on the move.

“The decision of the U.K. to leave the European Union has obvious implications for the market and our business with Europe,” Chairman John Nelson said in the company’s annual report. “Finding the right solution has been a top priority over the last nine months.”…  Thu.,  30 March 2017

Your browsing history may be up for sale soon

Your internet provider could sell your browsing history without your permission

A US House committee is set to vote today on whether to kill privacy rules that would prevent internet service providers (ISPs) from selling users’ web browsing histories and app usage histories to advertisers. Planned protections, proposed by the Federal Communications Commission (FCC) that would have forced ISPs to get people’s consent before hawking their data – are now at risk. Here’s why it matters.…  Wed.,  29 March 2017

Elon Musk Launches Neuralink to Connect Brains With Computers

Elon Musk’s new co could allow uploading, downloading thoughts

Tesla Inc founder and Chief Executive Elon Musk has launched a company called Neuralink Corp through which computers could merge with human brains, the Wall Street Journal reported, citing people familiar with the matter. Neuralink is pursuing what Musk calls the “neural lace” technology, implanting tiny brain electrodes that may one day upload and download thoughts, the Journal reported.…  Tue.,  28 March 2017

Brexit: What is Article 50 ?

The only explanation you need to read

Brexit is the greatest disaster to befall the European Union in its 59-year history but the referendum in which British voters opted to leave the European Union does not automatically signal the country’s exit. That is the job of Article 50Britain’s complex negotiations to exit the EU can only begin when Article 50 of the Treaty of Lisbon is formally triggered by the UK.…  Mon.,  27 March 2017

Trade-deficit reduction is the main goal for Trump

The Trump administration will review all of America’s trade deals

According to a document crafted by the Trump administration, a model trade agreement has 24 elements. Second on the list is “trade-deficit reduction”, giving a hint as to why Mr Trump wants to review America’s existing agreements. In January Sean Spicer, his press secretary, said the administration would “re-examine all of the current trade deals.” A presidential order to do just that is reported to be in the offing.…  Fri.,  24 March 2017

Brexit: Heineken beers no more sold in Tesco

Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row

Fans of Heineken beers including Amstel, Sol and Kingfisher will not be able to find them in Tesco for the foreseeable future after the supermarket refused to accept price increases the brewer blamed on Brexit and the budget. Several of Heineken’s brands have been absent from Tesco shelves for six weeks after annual talks over pricing ended in a stalemate. In total, 24 out of 53 Heineken brands are affected, with eight pulled from the shelves altogether. Heineken is understood to have argued that inflation since the Brexit referendum has pushed up its costs, echoing the argument made by Unilever in its dispute with Tesco over the price of Marmite last autumn.…  Thu.,  23 March 2017

Article 50: “Do not try to bypass parliament sovereignty!” says Miller

Brexit court challenger Gina Miller is ‘absolutely’ ready to take the government back to court

Gina Miller, the woman who changed the course of British political history after winning a High Court challenge against the government on Brexit at the end of last year, would take the government back to court if it “tried to bypass” parliament sovereignty. Miller won a High Court battle last year to force the government to get parliamentary approval for the triggering of Article 50, which begins the two year process of negotiating Brexit.…  Wed.,  22 March 2017

Uber’s turmoil

Uber’s No. 2 executive quits after 6 months

Uber president Jeff Jones is quitting after six months on the job because of concerns over the firm’s management culture. “The beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber,” Jones said in a statement.
Jones was second in command to CEO Travis Kalanick, running Uber’s ride-hailing operations, marketing and customer support. A former Target executive, he was named president at the end of August.…  Tue.,  21 March 2017

EU chief Juncker warns against EU-US trade war

A trade war would neither be in Europe’s nor the USA’s interest

European Commission President Jean-Claude Juncker warned in a newspaper interview that a trade war between the United States and Europe would not be good for either.Asked by Bild am Sonntag newspaper whether Europe could withstand a trade war with the United States, Juncker said: “A trade war would neither be in Europe’s nor the USA’s interests.” He said it was necessary to take protectionist comments being made by U.S. President Donald Trump’s administration seriously and also to be prepared.…  Mon,  20 March 2017