Mobile phone users in Europe will soon be free to use their regular call, text and internet allowances anywhere within the EU at no extra cost under new rules which abolish data roaming charges across the union.
As of Thursday June 15, all mobile network operators in Europe will be prohibited from charging additional fees for overseas use within the EU as part of continued efforts by the EU to forge a Digital Single Market across EU member states. It is free to use your phone in European countries as if you were at home. You will still pay your normal monthly or pay as you go bill, but you won’t be charged extra for using your minutes, texts and data when you’re on holiday.
Wealthy people are dodging even more tax than previously thought, according to new research.
Economist Gabriel Zucman and his co-authors Annette Alstadsaeter and Niels Johannesen, from the University of Copenhagen and the Norwegian University of Life Sciences, matched the identities in both caches to tax records in Norway, Sweden and Denmark. Their goal was “to correct global inequality statistics, so as to better capture the very rich.”
As artificial intelligence and robotics continue to pick up steam, thousands of jobs we could once take for granted are at risk of being automated, threatening to leave a bevy of diligent workers on the dole. But there might be a tool you can consult to take the necessary measures before your time has come.
Created by designer-developer duo Dimitar Raykov and Mubashar Iqbal, ‘Will robots take my job?’ is an amusing web-based tool that predicts how susceptible your occupation is to the ever-growing current of automation and computerisation.
Fintech is taking the world by storm, and investors are starting to notice. While 2016 was dubbed what some might say as “challenging” for the fintech market, overall investment in fintech totalled $24.7 billion, according to KPMG. That figure is impressive enough on its own, but it pales in comparison to the $46.7 billion invested in 2015.
As KPMG suggests, 2016 was a “challenging year for fintech investment,” with thanks to the Brexit vote and circumstances surrounding that outcome. The US presidential election was also a contributing factor, while there was also a slight slowdown in China.
Robo-advice is less popular than financial advisers, friends or even the internet, according to research published today (31 May).
Despite an increased focus on using computer programmes and automation in financial decision-making, most consumers do not feel comfortable with this new technology.
UBS is looking to debut a premium card later in May in a boost to its U.S. business and in a move to gain favor with wealthier Americans, as reported by Bloomberg News.
The new card will be called the UBS Infinite card and bows next week on May 27. It has a $495 fee, which in turn, along with expenditures of $50,000, brings in a $500 annual airport lounge credit. The card provides an array of premium rewards, travel benefits and credits, including exclusive savings when users fly, stay, cruise or drive, and a rich earnings structure with rewards points that never expire while the card is open.
Switzerland ranked third with 92 points in a global list of countries assessed for health care availability and quality (HAQ), while the tiny European nation of Andorra topped the list with an overall score of 95 out of 100, followed by Iceland (94), according to the latest report by the British medical journal The Lancet.
At the bottom of the table was the Central African Republic, scoring just 29 on the overall index, while UK ranked 30th and US 35th with an overall score of 81, tied with Estonia and Montenegro.
The vast majority of millionaires across seven international markets think the current period is the "most unpredictable" ever, according to a new study by Swiss bank UBS on Wednesday.
A total of 2,842 high net worth individuals, at least 30 per cent were women, were interviewed in the U.K., Italy, Switzerland, Japan, Hong Kong, Singapore and Mexico with each millionaire having at least $1 million in investable assets (excluding property). Mexican millionaires topped the list with 90 percent agreeing that we’re currently living through the most unpredictable period in history. The biggest domestic issue raised in Mexico was that of corruption.
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