Economy

EU fines Facebook €110 million over WhatsApp deal   The European Commission levied the $123M fine because Facebook had said it could not automatically match user accounts on its namesake platform and WhatsApp, but two years...

Price panic triggers run on toilet paper in Taiwan   Authorities call for calm as supermarket shelves are wiped clean following speculation of imminent increases. ...

Fossils and minerals take the antiques market by storm   Author: Elizabeth Matsangou   Throughout the Renaissance, the demand for antiques among the aristocracy burgeoned, with the trend soaring by the late 17th century as members of the...

Learning from Hurricane Harvey Joseph E. Stiglitz   Government investment and strong regulation are needed to protect people, the environment, and infrastructure — regardless of the prevailing political culture. Hurricane Harvey has left in its wake upended lives...

Walmart Looks to Scale Back in U.K. and Brazil, With an Eye on India By Sarah Nassauer in New York, Luciana Magalhães in São Paulo and Newley Purnell in New Delhi     Retailer in discussions to give up control of...

How can I invest in bitcoin? Jack Schofield   Andy wants to know how to invest a few hundred pounds in bitcoin. It’s not hard to buy bitcoins, but whether they are an investment or a gamble...

Financing Infrastructure with Value Capture: The Good, The Bad & The Ugly   President Trump’s infrastructure investment program was circulated recently. Page 24 of the program states that “value capture” financing will be required for any...

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...

5 Top Tips for Doing Business in India Frank talk on mistakes outsiders make when attempting to enter this polyglot market. https://youtu.be/DEii8x_Z_Dc First, realize there is no one “India.” This vast country is home to 23 official...

Japan Legalizes Casino Gambling Megumi Fujikawa   Legislation offers companies such as Las Vegas Sands and MGM Resorts their first chance to open in Japan. TOKYO—Japan legalized casino gambling and cleared the way for three casino resorts, giving...