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UK house price growth at five-year low for June
Nationwide’s monthly house price index for June shows the UK housing markets growing at the slowest rate since June 2013. Annual growth for June came in at 2%, dropping from 2.4% in May. The figure is the lowest since 1.9% in the aforementioned period five years ago. The organisation expects the market to continue along […]
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Harley-Davidson planning to move production out of the US
US motorcycle staple Harley-Davidson have said they will begin producing more of their products in the EU, as a response to recently announced tariffs on US exports. The export tariffs, which include motorcycles, are expected to increase costs by US$2,200 per exported unit. The company says the extra costs could add up to $100 million […]
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Amazon shareholders pressure company to stop sale of facial recognition tech
A number of Amazon’s shareholders have voiced concern over the company’s facial recognition technology. The group penned a letter to CEO Jeff Bezos, asking the company to stop sales of the tool called “Rekognition” to police and government organisations. The pressure comes after a report from the American Civil Liberties Union (ACLU) earlier this year, […]
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Theranos founder Elizabeth Holmes facing fraud charges
US officials have laid formal charges of fraud against the leadership of Silicon Valley startup Theranos. Company founder Elizabeth Holmes, along with former COO and president Ramesh Balwani, appeared before a court in San Jose Friday. The two were charged with nine counts of wire fraud, and two counts of conspiracy to commit wire fraud. […]
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Harvey Nichols and Hero partner for new online shopping experience
Luxury department store Harvey Nichols has taken a step towards the future of retail shopping, partnering with tech startup Hero to offer a “live shopping” experience for their online customers. The innovative new technology allows customers to be connected with Harvey Nichols’ product experts and stylists in real time, while they shop on the store’s […]
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