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Bitcoin price falls below $6,000 as banker signals crackdown

Bitcoin price falls below $6,000 as banker signals crackdown Angela Monaghan   BIS head says cryptocurrency is a ‘Ponzi scheme’ that poses a threat to financial stability. The price of bitcoin yo-yoed wildly again on Tuesday, falling 14%...

Brazil’s Argentina Moment

Brazil’s Argentina Moment Filipe Campante Twitter: @FilipeCampante y Dani Rodrik Twitter: @rodrikdani CAMBRIDGE – Brazil’s economy has been in free fall, a casualty of years of economic mismanagement and the vast corruption scandal that has engulfed the country’s...

Walmart’s online sales soar in the US

Walmart’s online sales soar in the US By Luján Scarpinelli   Walmart, the world’s largest offline retailer, sees good results in e-commerce sales. Walmart’s online sales in the US grew by 60 percent year-on-year in Q2 2017, boosting...

Renault repairs Russian carmaker’s finances as market regains traction

Renault repairs Russian carmaker's finances as market regains traction   Massive investments and turning $1.6 billion of debt into equity have started to pay dividends for the manufacturer of Russia's iconic Lada. The manufacturer of the iconic...

China grants Trump brand additional trademarks in casino hub Macau​

China grants Trump brand additional trademarks in casino hub Macau​ The Macau government granted approval for trademarks that include casino services in the world's biggest gambling centre. A company linked to US President Donald Trump has been...

Mitsubishi Motors checking how Kobe Steel parts affected by false data

Mitsubishi Motors checking how Kobe Steel parts affected by false data by Naomi Tajitsu   TOKYO (Reuters) - Mitsubishi Motors Corp (7211.T) is investigating how components from suppliers containing Kobe Steel Ltd (5406.T) parts have been affected...

The Economist explains How Colombia has dealt with the Venezuelan exodus

The Economist explains How Colombia has dealt with the Venezuelan exodus by J.D. | BOGOTÁ   Over half a million Venezuelans have fled to Colombia in recent years, and the flow looks set to continue. IN THE second...

George Soros foundations now control $18 billion: reports

George Soros foundations now control $18 billion: reports by Lawrence Delevingne NEW YORK (Reuters) - Investor George Soros has transferred about $18 billion, the majority of his estimated fortune, to his Open Society Foundations, making them...

Meet Tesla’s new bondholder: Billionaire George Soros

Meet Tesla's new bondholder: Billionaire George Soros   The investment firm founded and chaired by billionaire George Soros took a stake in Tesla Inc bonds during the first three months of the year, giving the electric...

YouTube labels state-sponsored news as rules tighten

YouTube labels state-sponsored news as rules tighten   A feature being rolled out in the US displays notices below videos uploaded by news broadcasters which receive government or public money. YouTube on Friday began labeling news broadcasts...

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