Business And Finance

Falling bank shares: a bad omen?

ANOTHER worry has been added to the long list plaguing equity markets this year. Bank shares have been falling fast, particularly those in Europe, which in morning trading, were down 22% so far this year. The collapse of 2007 and 2008 was all about the banking sector. If European banks are in trouble, then comparisons with that period are bound ...

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Turning drone races into a money-spinner

SOME sports, such as wrestling and sprinting, claim long histories. They were portrayed in cave paintings thousands of years ago. Others are just lifting off. The racing of drones is, thus far, a niche activity, but several firms are betting on it. “Every person under the age of 13 either has a drone or wants one,” says Nick Horbaczewski of ...

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The troubling case of the bomb on a flight from Mogadishu

THE extraordinary events that unfolded over the skies of Somalia on February 2nd have now become clearer. About 15 minutes after Daallo Airlines Flight 159 departed from Aden Adde International Airport in Mogadishu, the Somali capital, an explosive device carried by Abdullahi Abdisalam Borleh, one of the passengers, blew a gaping hole just above the right wing of the plane ...

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