The world’s biggest shipping company has proof that Trump’s China tariffs are battering global trade

The world’s biggest shipping company has proof that Trump’s China tariffs are battering global trade

AP Moller-Maersk, the world’s biggest operator of container ships, is once again sounding the alarm on President Donald Trump’s trade war, saying that it is already having a material impact on global trade and that it could get worse in the coming years. The Danish firm reported third quarter profit of $1.14 billion — beating…

Only about 30% of the world’s population drives on the left side of the road

Only about 30% of the world’s population drives on the left side of the road

Knowing which side of the road people drive on is important for anyone who’s thinking about using a vehicle in a foreign country. There are 163 countries and territories that drive on the right side of the road, while 76 of them drive on the left. Many of the countries that drive on the left…

The world’s super rich families are turning their backs on hedge funds

The world’s super rich families are turning their backs on hedge funds

The world’s super rich are increasingly turning their backs on hedge funds, with the amount of money invested by family offices dropping for a third consecutive year, according to Swiss bank UBS. According to UBS’ annual survey of family offices hedge funds now account for just 5.7% of all investments in the sector. Family offices,…

One of the world’s largest ratings agencies on Brexit: ¯_(ツ)_/¯

One of the world’s largest ratings agencies on Brexit: ¯_(ツ)_/¯

Nobody knows anything. Aly Weisman/Business Insider LONDON — Fitch, one of the „Big Three” credit ratings agencies, now believes that the manner of the UK’s exit from the European Union is now so unclear that it is impossible to forecast. In a statement on Thursday afternoon, Fitch said it is abandoning its previous base case…

The world’s most liveable city named

The world’s most liveable city named

Image copyright Getty Images The Austrian capital, Vienna, has beaten Australia’s Melbourne to be named the world’s most liveable city. It’s the first time a European city has topped the rankings of the Economist Intelligence Unit (EIU) annual survey. The worldwide league table ranks 140 cities on a range of factors, including political and social…

World’s ‚oldest biological colours’ found

World’s ‚oldest biological colours’ found

Image copyright LANNON HARLEY Image caption The pink pigments are the fossilised molecules of ancient sea organisms Scientists have discovered what they say are the world’s oldest surviving biological colours, from ancient rocks beneath the Sahara desert. The 1.1 billion-year-old pigments have a bright pink hue, but range from blood red to deep purple in…

Malaysia gets world’s oldest elected leader

Malaysia gets world’s oldest elected leader

Image copyright Reuters Mahathir Mohamad is on course to become the world’s oldest elected leader at 92, after a shock victory in Malaysia’s bitterly fought election. The former PM came out of retirement and defected to the opposition to take on his one-time protégé Najib Razak, beset by corruption allegations. His historic win has ousted…