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Many investors have preferred to sit on the sidelines rather than try to profit amid the political unpredictability and the currency’s sharp price swings. Amey said even if Britain and the EU reach an agreement, they would leave decisions over many of the finer points of their future relationship until after Britain’s formal exit in March, 2019. “We think the negotiations will be quite lengthy. We don’t think we will get clarity on the final resting place of an EU-UK trading relationship (later this year),” he said.

Pacific Investment Management Co (PIMCO), one of the world’s biggest bond investors, manages $1.71 trillion in assets globally, Amey said he expected the Bank of England, which has made its forecasts contingent on a smooth Brexit, to raise interest rates once or twice a year in 2019 and 2020, with the first hike in May, Assuming Britain and the EU continue to negotiate, consumer inflation should fall to the BoE’s target of 2 percent by end-2019, with the UK economy growing branded cufflinks singapore between 1.5 and 2 percent in 2019, he said..

BRUSSELS (Reuters) - U.S. software giant Microsoft (MSFT.O) is set to win unconditional EU antitrust approval for its $7.5 billion purchase of privately held coding website GitHub, two people familiar with the matter said on Monday. Microsoft announced the deal in June, its largest acquisition since it bought LinkedIn for $26 billion in 2016. The GitHub deal is expected to boost the U.S. software giant’s cloud computing business and challenge market leader Amazon (AMZN.O). GitHub, the world’s largest code host, has more than 28 million developers using its platform.

It will become a part of Microsoft’s Intelligent Cloud unit once the acquisition is completed, branded cufflinks singapore Microsoft Chief Executive Satya Nadella has tried to assuage users’ worries that GitHub might favor Microsoft products over competitors after the deal, saying GitHub would continue to be an open platform that works with all public clouds, The European Commission, which is set to decide on the deal by Oct, 19, did not respond to a request for immediate comment, Microsoft declined to comment..

(Reuters) - Nelson Peltz’ Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc (PZZA.O), the Wall Street Journal reported on Monday, citing people familiar with the matter. The activist hedge fund recently contacted the pizza chain to collect information as it explores a possible bid, according to the report. The world’s third-largest pizza delivery company had reached out to potential acquirers for offers, Reuters reported last month. Shares of the company were up 12.6 percent in extended trading.

SAN FRANCISCO (Reuters) - Alphabet Inc’s Google said on Monday it was no longer vying for a $10 billion cloud computing contract with the U.S, Defense Department, in part because the company’s new ethical guidelines do not branded cufflinks singapore align with the project, without elaborating, Google said in a statement “we couldn’t be assured that [the JEDI deal] would align with our AI Principles and second, we determined that there were portions of the contract that were out of scope with our current government certifications.”..

The principles bar use of Google’s artificial intelligence (AI) software in weapons as well as services that violate international norms for surveillance and human rights. Google was provisionally certified in March to handle U.S. government data with “moderate” security, but Inc and Microsoft Corp have higher clearances. Amazon was widely viewed among Pentagon officials and technology vendors as the front-runner for the contract, known as the Joint Enterprise Defense Infrastructure cloud, or JEDI.

Google had been angling for the deal, hoping that the $10 billion annual contract could provide a giant boost to its nascent cloud business and catch up with Amazon and fellow JEDI competitor Microsoft, That the Pentagon could trust housing its digital data with Google would have been helpful to its marketing efforts with branded cufflinks singapore large companies, But thousands of Google employees this year protested use of Google’s technology in warfare or in ways that could lead to human rights violations, The company responded by releasing principles for use of its artificial intelligence tools..

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