Fixed income

At least 180 companies have already declared their interest in working with President Trump to build his proposed wall along the U.S. border with Mexico, just three days after the government announced the contract bidding process was open.

More companies will likely signal interest in competing for President Donald Trump’s massive border wall project, but 180 construction and engineering firms from across the U.S. registered to submit a bid for the contract as of Monday evening.

After many months of rumors, YouTube has officially announced its entry into streaming live TV. YouTube TV will let you access live and recorded content from major networks, both the big broadcast players as well as some options typically found on cable.
"Half the cost of cable with zero commitments" said the announcement. For $35 a month, YouTube TV will include live streaming of ABC, CBS, NBC, Fox, ESPN and about 30 of the biggest cable TV channels.

Some 28% of EU citizens who have applied for permanent residency in the U.K. since Brexit had their applications rejected or declared invalid, the Guardian reported Monday.

In the last half of 2016, more than 12,800 EU citizens had their permanent residency requests rejected and a further 5,500 were declared invalid, analysis by the Liberal Democrats found. However, the Home Office said “applications can be rejected for a whole range of administrative reasons including where an application form has not being signed or failure to pay a fee.”

If you find yourself stifling yawns and counting down the minutes on the clock every single day that you’re in work, it could be because you work in one of the world’s most boring jobs.
A list of the 10 most boring jobs was released by employment specialist Emolument, that asked 1300 workers across 14 sectors if they were bored at work.

Law professionals are the least upbeat employees, with 80% saying they were bored at work, and chief executives were just as bored as junior employees. Being legally bored was put down to the repetitiveness of researching cases and rulings in a junior lawyer’s working week.

French drugmaker Sanofi and Swiss manufacturer Lonza, a supplier to the pharmaceutical, healthcare and life-science industries, announced Monday that they have entered into a strategic partnership to establish a large-scale biologics production facility in Switzerland. The initial investment will be around 290 million Swiss francs (€270 million), to be split equally between each company.

Pending regulatory approvals, the facility, through a 50-50 joint venture, will be located in Visp, Switzerland, Sanofi and Lonza said in a joint statement. The initial phase of the facility will commence construction in 2017, it is expected to be fully operational by 2020.

Sweden’s government has an unusual complaint, it is collecting too much tax. With interest rates in the country at -0.5%, holding cash in bank accounts and other savings vessels provides little to no return and in many cases actually costs people money.

According to data released by the government on Wednesday, Sweden ended 2016 with a budget surplus of 85 billion kroner ($9.5 billion), and about half of that was due to individuals and businesses paying more tax than they needed to as a means of actually making money.

"The development of Sweden’s central government finances is still affected by excess deposits in tax accounts," a report from the Swedish National Debt Office said.

Four in 10 European doctors are considering leaving Britain following the Brexit vote, new research suggests. A British Medical Association (BMA) survey found that 42% are thinking of quitting the UK, with a further 23% still unsure if they will stay. The BMA warned it could spell “disaster” as the National Health Service (NHS) was already facing “crippling staff shortages”.

Among NHS staff in England, 59,796 are from the European Union, according to NHS Digital, including 10,267 doctors – around 6.6% of the UK medical workforce. “Diseases know no country borders, and medicine is an international profession, with global co-operation in research, drug development, standards of patient care, and free movement of doctors around the world.”

Panasonic Corporation President Kazuhiro Tsuga has instructed his employees in Japan to limit their overtime work to 80 hours or less per month, on January 31 with the instruction, which was effective from that day.

Company officials said the directive is aimed at reminding staff that they should concentrate on efficiency rather than working long hours.

Apart from the call to leave work by 8 p.m., the directive also recommends limiting overtime to a maximum of 80 hours a month for all staff, including managers, department heads and division chiefs.