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Economy
Russian LNG tanker navigates Arctic sea route in record 6.5 days
YemenExtra
The Russian tanker Christophe de Margerie has completed its first commercial voyage, delivering liquefied natural gas (LNG) through the Northern Sea Route from Norway to South Korea.
The route runs the length of Russia's…
Musk warns of ‘killer robot’ arms race
YemenExtra
Elon Musk and other technology leaders have issued a stark warning about so-called "killer robots", urging the United Nations to act to prevent a high-tech arms race.
In an open letter to the UN, they say lethal autonomous…
Crawford Falconer takes up post as UK’s top trade negotiator
YemenExtra
The man in charge of negotiating the UK's trade deals once Brexit is finalised, starts his job this week.
Crawford Falconer will take up the post of chief trade negotiation adviser at the Department for International Trade.…
UK unemployment decreases to 57,000 in the three months to June
YemenExtra
Unemployment in the UK fell by 57,000 in the three months to June, official figures show, bringing the jobless rate down to 4.4% - its lowest since 1975.
Average weekly earnings increased by 2.1% compared with a year earlier -…
Wage growth will soon strengthen in line with improvements in productivity
It's become deeply unfashionable to presume any of the present weakness in wage growth is merely cyclical (and thus temporary) rather than structural (and thus lasting). Sorry, my years of economy-watching tell me it's never that simple.…
US Consumer Price Index rise 0.1% in July, vs 0.2% increase expected
YemenExtra
U.S. consumer prices rose less than expected in July, pointing to benign inflation that could make the Federal Reserve cautious about raising interest rates again this year.
The Labor Department said on Friday the…
Japan second-quarter GDP beats expectations
YemenExtra
Japan's economy grew faster than expected in the second-quarter of the year as consumer spending and capital expenditure ramped up.
Gross domestic product expanded at an annualised rate of 4% in the April-to-June period,…