A few years ago, I witnessed a small but spirited protest while lining up to buy a magazine at King’s Cross station in London. A woman in front of me gestured towards a self-checkout kiosk and declared: “I will not talk to that machine.” Self-checkout machines can be dehumanising and using them comes with the inescapable sense that you’re putting someone out of a job — if not today, then at some point in the future. Read More...
Bloomberg
Saudi Aramco Hires Banks for Debut Dollar Islamic Bond Sale
(Bloomberg) — Saudi Aramco, the world’s biggest energy company, hired advisers including Citigroup Inc. and Goldman Sachs Group Inc. for its first dollar-denominated Islamic bond sale.The state-controlled company may offer three tranches of notes due in three, five and 10 years, according to a person familiar with the matter. Islamic bonds, or sukuk, comply with the religion’s teachings, including its ban on interest.The firm is raising cash to help fund its commitment to pay out $75 billion in
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