Sunday 28 August 2016

In Egypt, IMF deal brings austerity few can afford

A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of subsidised baby milk. But rising prices mean his civil servant's salary barely lasts the month and the government is tightening its belt further. "Electricity is up, food


New York beats London as top property hub after Brexit

New York has knocked off London as the world's premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital's appeal as a global financial centre. Data on cross-border property transacti


Low-cost airlines bet on data to drive profit

Europe's low-cost airlines once mocked the air miles programmes run by flag carriers as expensive relics of a bygone era. But after watching wide-eyed as customer databases were valued at billions of dollars, they are scrambling to catch up. Europe's two largest low-cost


Most cities too hot to host summer Olympics by 2085

In 70 years, most cities in the Northern Hemisphere will be unfit to host the summer Olympics due to rising temperatures associated with climate change, according to a medical journal's findings published this week. "Our study using climate change projection shows that t

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