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Making sense of chaos? Algos scour social media for clues to crypto moves

After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year - but few people could convincingly explain why.

Source: Reuters: Business News | 17 Jul 2019 | 6:33 pm(NZT)

How lithium-rich Chile botched a plan to attract battery makers

In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.

Source: Reuters: Business News | 17 Jul 2019 | 6:31 pm(NZT)

Nissan, Volvo and FCA lead European sales decline

European car sales dropped 7.9% in June, led by bigger declines for Nissan , Volvo and Fiat Chrysler (FCA) , according to industry data published on Wednesday.

Source: Reuters: Business News | 17 Jul 2019 | 6:30 pm(NZT)

Asia shares subdued, dollar supported as sterling suffers

Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound.

Source: Reuters: Business News | 17 Jul 2019 | 5:55 pm(NZT)

Ericsson second-quarter operating profit matches expectations

Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America.

Source: Reuters: Business News | 17 Jul 2019 | 5:49 pm(NZT)



Renault-Nissan alliance is priority for France ahead of any consolidation: Le Maire

Renault's alliance with Japanese partner Nissan remains the priority for France ahead of any further consolidation such as a merger with Fiat-Chrysler , French Finance Minister Bruno Le Maire said on Wednesday.

Source: Reuters: Business News | 17 Jul 2019 | 5:32 pm(NZT)

Amazon in deal with German watchdog to overhaul marketplace terms

Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world's biggest online retailer.

Source: Reuters: Business News | 17 Jul 2019 | 4:04 pm(NZT)

United to resume India flights from September as Pakistan reopens airspace

United Airlines Holdings Inc said on Wednesday it would restart daily nonstop service between New York/Newark, New Delhi and Mumbai from Sept. 6, after Pakistan lifted airspace restrictions.

Source: Reuters: Business News | 17 Jul 2019 | 3:59 pm(NZT)

Oil prices gain, U.S. crude little changed after inventory data

Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent after U.S. crude inventories fell less than expected.

Source: Reuters: Business News | 17 Jul 2019 | 3:39 pm(NZT)

U.S., Japan eye possible small trade deal by September: sources

The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo Abe when they meet in New York in September, three industry sources familiar with the discussions said on Tuesday.

Source: Reuters: Business News | 17 Jul 2019 | 2:52 pm(NZT)



Visa invests in Indonesian ride-hailing firm Go-Jek

Visa Inc said on Wednesday it has invested in Indonesia's Go-Jek as part of the ride-hailing company's ongoing Series F fundraising round.

Source: Reuters: Business News | 17 Jul 2019 | 2:48 pm(NZT)

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range

DouYu International Holdings Ltd , China's largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after pricing its U.S. initial public offering (IPO) at the bottom of an indicative range.

Source: Reuters: Business News | 17 Jul 2019 | 2:32 pm(NZT)

Females to the fore? What golf is doing to attract more women

Golf has realised it needs to make the sport more attractive to women, on and off the playing course.

Source: BBC News - Business | 17 Jul 2019 | 12:11 pm(NZT)

'I asked the bank to block my spending. They wouldn't'

Suzanne suffered bouts of mental illness and spent heavily, but says the system failed those who tried to help her.

Source: BBC News - Business | 17 Jul 2019 | 11:01 am(NZT)

The Insta king trying to dominate UK cannabis

Controversial cannabis firm Ignite's UK launch is causing a backlash in the nascent industry.

Source: BBC News - Business | 17 Jul 2019 | 11:00 am(NZT)

Brexit: Bosses seek cut to immigrant salary threshold

Business lobby groups say ministers must act to avoid "acute" skills shortages after Brexit.

Source: BBC News - Business | 17 Jul 2019 | 11:00 am(NZT)

Virgin stops selling captive whale and dolphin experiences

The firm said it would stop selling tickets to captive whale and dolphin experiences in holiday packages.

Source: BBC News - Business | 17 Jul 2019 | 6:46 am(NZT)

Facebook's Libra cryptocurrency attacked at Senate hearing

The tech giant's Libra digital currency is attacked by senators who say the company is not trusted.

Source: BBC News - Business | 17 Jul 2019 | 6:10 am(NZT)



Flexible working should be default, says MP Helen Whately

It would help parents share childcare and businesses keep staff, Tory MP Helen Whately says.

Source: BBC News - Business | 17 Jul 2019 | 4:51 am(NZT)

Christine Lagarde resigns as head of IMF

It comes ahead of a decision on Ms Lagarde's nomination to become head of the European Central Bank.

Source: BBC News - Business | 17 Jul 2019 | 4:35 am(NZT)

British Museum trustee resigns over BP sponsorship and repatriation

Writer Ahdaf Soueif says it should take "a clear ethical position" on BP sponsorship and other issues.

Source: BBC News - Business | 17 Jul 2019 | 3:14 am(NZT)

Ryanair to cut flights after 737 Max delays

The airline also says it could close bases and axe summer flights next year.

Source: BBC News - Business | 17 Jul 2019 | 2:27 am(NZT)

Trump: Google should be probed over China treason claim

President Trump tweets he will look into allegations made by the tech billionaire Peter Thiel.

Source: BBC News - Business | 17 Jul 2019 | 12:48 am(NZT)

'My job application was withdrawn by someone pretending to be me'

Nicholas Fearn says someone created a Gmail account in his name, and then withdrew his job application.

Source: BBC News - Business | 16 Jul 2019 | 11:00 pm(NZT)

F.C.C. Chairman Recommends Approval of $26 Billion T-Mobile-Sprint Merger

Ajit Pai said the companies had won his support by making what he called “significant commitments” to expand rural broadband service, build a robust 5G network and sell off Boost Mobile.

Source: NYT > Business | 21 May 2019 | 2:19 am(NZT)

Google Restricts Huawei’s Access to Android After Trump Order

The move could hamstring the Chinese tech giant if it prevents the firm’s customers from getting the latest versions of services such as Maps and Gmail.

Source: NYT > Business | 21 May 2019 | 1:50 am(NZT)

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers

Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.

Source: NYT > Business | 21 May 2019 | 1:19 am(NZT)

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.

Source: NYT > Business | 21 May 2019 | 1:19 am(NZT)

Mediator: Kissing Babies, Loving Scrapple, Fighting Viral Hoaxes: ’20 Race’s New Routine

When it comes to disinformation, all signs suggest the 2020 presidential campaign will make 2016 look like a mere test run, our columnist writes.

Source: NYT > Business | 21 May 2019 | 12:37 am(NZT)

DealBook Briefing: Tech’s Cold War Just Started

Google, Qualcomm and Broadcom are among the companies that have reportedly frozen their supply of components and software to Huawei.

Source: NYT > Business | 20 May 2019 | 11:05 pm(NZT)

Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts

Anti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no.

Source: NYT > Business | 20 May 2019 | 9:56 pm(NZT)

Whitney Houston’s Estate Plans a Hologram Tour and a New Album

The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

Amazon Faces Investor Pressure Over Facial Recognition

Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China

But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.

Source: NYT > Business | 20 May 2019 | 5:53 pm(NZT)

Rain Much on Your Vacation? One Italian Island Offers Hotel Refunds

Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.

Source: NYT > Business | 20 May 2019 | 4:18 pm(NZT)

TripAdvisor Modified Its Approach to Reviews and Sexual Assault. Did It Go Far Enough?

A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.

Source: NYT > Business | 20 May 2019 | 3:36 pm(NZT)

















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