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UK Highlights BofA, Citi Investments Ahead of Trump State Visit

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Bank of America Corp. is set to create up to 1,000 new jobs in Belfast, marking its first operation in Northern Ireland, according to a UK announcement ahead of next week’s state visit by US President Donald Trump to Britain.



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Funding & Business

Dynamic Pricing: Innovation or Exploitation?

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From airline tickets to burgers, from groceries to gig work — technology now allows companies to change prices in real time, sometimes a hundred times a day, as grocery chain REMA 1000 in Norway does. Advocates say it maximizes efficiency and sometimes even helps consumers. Critics argue it can gouge buyers and underpay workers. The concept of prices as moving targets has been polarizing, but perception and timing play important roles in determining the winners and losers of dynamic pricing. (Source: Bloomberg)



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US Official Offers Regrets Over Detention of South Koreans

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US Deputy Secretary of State Christopher Landau on Sunday expressed regret over the recent detention of hundreds of South Korean workers in Georgia.



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Yuan’s Gradual Advance May Offer Boost to Emerging Currencies

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China’s new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market currencies, as investors brace themselves for lower US interest rates.



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