Full-Face Veils Banned In Portugal After President Signs 'Burqa Law'

BMW Targets 8,000 Job Cuts With New Voluntary Severance Package BMW shares in Germany are down 36% so far this year, as the automaker's latest forecast downgrade was described by JPMorgan analyst Jose Asumendi as a "wake-up call for the auto industry." The outlook for BMW continues to deteriorate, with Bloomberg reporting that the automaker will begin a sweeping workforce restructuring in Germany this fall. Voluntary departures in Germany are expected to account for most of the roughly 8,000 positions BMW plans to eliminate globally, equivalent to about 5% of its...

US Scientists Crack Superconductor Code - Zero Energy Loss Moves Closer To Reality Authored by Prabhat Ranjan Mishra via Interesting Engineering, Researchers in the United States have unlocked secrets of high-temperature superconductors. Small differences in how atoms are arranged in a crystalline lattice can strongly affect superconductivity. (Representational image) Wildpixel/Charles Researchers at the U.S. Department of Energy’s (DOE) Argonne National Laboratory have discovered how tiny changes in superhydride structure enable superconductivity at near room temperatures but extreme pressure - offering clues for designing more practical superconductors. “These experiments show what the upgraded APS can do. We...

Whether rates go up or down, neither outcome will be pleasant, leaving a bondholder caught between the Unthinkable and the Unimaginable.