set

How to choose where to set up your company’s global HQ

Thinking about where to move is a huge decision to make. It requires thorough research to find the perfect fit; the optimal location with all the right resources that will nurture your company and allow it to grow and develop into the best it can be.

Whether you are starting a new business or relocating internationally, there are many things to consider when deciding how to choose your company’s global headquarters, such as economic trends, access to talent, marketing trends, and governmental support. Above all, you want to be in a location that enables you to grow quickly while maintaining an edge over your international competitors.

Diane Janknegt, Founder & CEO of Wizenoze, a company that combines AI technology with education, told us that she chose to have the strategic office in the UK for three reasons: “The importance of UK education to global learning and development, the

Read More

Global trade in services ‘set to surge by $2 trillion’ by 2025

City of London
City of London

More countries adopting technology and switching to remote working after the Covid-19 pandemic will drive a $2 trillion (£1.5 trillion) surge in trade in services over the next five years, according to new analysis.

Oxford Economics and Western Union modelled what effect coronavirus will have on cross-border trade, projecting that international trade in services will rise 31pc from $6.1 trillion last year to $8 trillion by 2025.

The US, France and the UK are set to see the largest increases in the value of cross-border trade in services over the next five years, the study said. In Britain, total services exports are expected to jump by $104bn, primarily driven by a boom in “digitally-deliverable services”, such as IT and financial services. 

Already in the UK, services are a dominant part of the economy, thanks to the country’s role as a leading financial and business services hub.

However,

Read More

European shares rebound from lows, euro set for best month in a decade

By Ritvik Carvalho

LONDON (Reuters) – European shares recovered from their lowest levels in a month on Friday, as investors looked past a severe economic contraction in the euro zone and on to company earnings, while the euro reached its highest in more than two years, set for its best month in a decade.

The euro zone’s economy recorded its deepest contraction on record in the second quarter, preliminary estimates showed, but inflation unexpectedly ticked up in July.

Gross domestic product in the bloc shrank by 12.1% from the previous quarter, the European Union’s statistics office, Eurostat, said in its flash estimates. The decline coincided with coronavirus lockdowns, which in many euro zone countries began to ease only in May.

The pan-European STOXX 600 <.STOXX> rose 0.6%, though it was on course to end the month flat or lower. Technology shares <.SX8P> led the rally, rising over 2% after Wall

Read More

AI technology will soon replace error-prone humans all over the world – but here’s why it could set us all free

Getty Images
Getty Images

It has been oft-quoted – albeit humouredly – that the ideal of medicine is the elimination of the physician. The emergence and encroachment of artificial intelligence (AI) on the field of medicine, however, puts an inconvenient truth on the aforementioned witticism. Over the span of their professional lives, a pathologist may review 100,000 specimens, a radiologist more so; AI can perform this undertaking in days rather than decades.

Visualise your last trip to an NHS hospital, the experience was either one of romanticism or repudiation: the hustle and bustle in the corridors, or the agonising waiting time in A&E; the empathic human touch, or the dissatisfaction of a rushed consultation; a seamless referral or delays and cancellations.

Contrary to this, our experience of hospitals in the future will be slick and uniform; the human touch all but erased and cleansed, in favour of complete and utter digitalisation. Envisage

Read More