'UK citizens will on average outlive savings by 10 years'

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'UK citizens will on average outlive savings by 10 years'

Retired people in the UK will on average outlive their savings by more than 10 years, according to research underlining the strains on global retirement systems. The report by the World Economic Forum suggests the average female in the UK will outlive her …
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Trade war, Brexit and Italian debt are major concerns, SNB chairman says

Speaking to CNBC’s Joumanna Bercetche in Bern following the central bank’s monetary policy announcement, SNB Chairman Thomas Jordan said increased trade tensions would have a “very negative impact” on the economy. The SNB held interest rates at …
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FOMC projections and Fed interest rates

Toward the end of each calendar quarter, the Fed releases a series of economic projections indicating the consensus of the FOMC as to where key economic indicators will be at the end of the year, and at the end of the next two years. These projections also …
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Canadian exporters in a sour mood as outlook drops to 7-year low: EDC

Global trade headwinds are deflating Canadian exporters’ optimism, with their confidence hitting a seven-year low, according to the latest reading of Export Development Canada’s trade index. All five components of EDC’s Trade Confidence Index were down, …
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GlaxoSmithKline taps UC's CRISPR expertise to speed drug discovery

The pharmaceutical company GlaxoSmithKline (GSK) today announced a five-year collaboration with UC Berkeley and UCSF to establish a laboratory where state-of-the-art CRISPR techniques will be used to explore how gene mutations cause disease, …
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