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Bid for US bitcoin ETF lodged

The race to get a bitcoin exchange-traded fund in front of retail investors heated up on Friday, when a firm run by technology entrepreneur Barry
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Foxconn considers $7 billion US display factory in cooperation with Apple

The plans have been under discussion since 2014, and could deliver tens of thousands of new jobs Chinese manufacturing giant Foxconn is considering investing $7 billion...
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Dollar slips, shares wobbly after Trump's protectionist address

The dollar slid broadly on Monday after U.S. President Donald Trump struck a protectionist tone in his inauguration speech, undermining optimism over the U.S. economy...
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Apple Sues Qualcomm For $1 Billion, Alleging Extortion

Just days after the United States Federal Trade Commission sued Qualcomm for antitrust violations, Apple is joining in. On Friday, Apple said it was suing the...
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An $11 billion hedge fund is betting President Trump will cause violent stock market movements

 BOSTON, Jan 20 (Reuters) - U.S. President Donald Trump's policies could lead to more violent stock market movements, something prominent hedge fund manager Lee Ainslie...
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TRUMP'S ENERGY PLAN: 'We must take advantage of the estimated $50 trillion in untapped shale, oil, and natural gas reserves'

 Shortly after the inauguration of President Donald Trump, the White House posted the administration's "America First Energy Plan" on its website. While the plan lacks specifics...
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About 700 Microsoft employees will be laid off next week, sources say

Microsoft is expected to conduct another round of layoffs next week when the company reports its quarterly earnings on January 26. About 700 jobs are...
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Alibaba?s Ma Wants to Avoid U.S.-China Trade War at all Costs

Billionaire chairman wants to give President-elect more time Consequences would be so grave that he’d sacrifice his company Alibaba Group Holding Ltd. Chairman Jack Ma said that...
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Credit Agricole exits government bond dealer roles in Austria, Ireland

LONDON, Jan 13 (Reuters) - Credit Agricole's investment banking arm said on Friday it had decided to cease acting as a primary dealer in government...
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Autos power European stocks, Britain's FTSE sets new high

LONDON, Jan 13 (Reuters) - European shares rose on Monday, led higher by automobile stocks, with Britain's benchmark equity index setting a new all-time high...
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UK car sales at record high in 2016

The number of new cars sold in the UK hit an all-time high in 2016. The Society of Motor Manufacturers and Traders (SMMT), said 2.69 million...
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Apple pulls New York Times app from China app store

Apple has withdrawn the New York Times from its China App Store, following a request from Chinese authorities. The paper said the move was aimed at...
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TSB cuts its interest rate ? move excess money now so you don't lose out

High street bank TSB has today slashed the headline interest rate that it pays on its Classic Plus current account from 5% to 3%. The cut,...
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London lawyers' salaries highlight massive pay gaps in the UK

London might still be the best place in the UK to practice as a lawyer, as new research reveals high salaries and large annual pay...
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Donald Trump credits impending administration for return of 8,000 jobs from Sprint

PALM BEACH, Fla. -- After weeks of giving only brief comments to the media, Donald Trump made a series of public statements Wednesday, applauding the...
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Bitcoin Prices Are Surging Again Amid Global Uncertainty

Digital currency is at its highest level in three years. Recent predictions that the value of Bitcoin would skyrocket as Donald Trump takes over the presidency...
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Controversial Russian Ponzi scheme MMM quietly sets up in Ghana after failing in other countries Report

A 27-year old Russian Ponzi scheme called Marvodi Mondial Movement (MMM) that has caused distress in some African countries has set up in Ghana, a...
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The Fed raised interest rates this week ? Here's what you need to know

Even with Wednesday’s 0.25 percent hike, the Federal Reserve’s benchmark federal funds interest rate remains at near-record lows. But with more rate hikes promised for 2017...
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Trump rally resumes after Fed raises rates; Dow up 100 points as financials lead

U.S. stocks rose on Thursday as a post-election rally resumed, while investors digested a slew of economic data and the Federal Reserve's decision to raise...
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OPEC Oil Deal Faces Test as Cartel Tries to Pin Down Russia on Details of Cuts

Two days before OPEC ministers gathered in Vienna on Nov. 30, Iran’s oil minister passed a message to his boss, President Hassan Rouhani, people familiar...
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This Marijuana Company's in Hot Water With the DOJ

Insys Therapeutics' former CEO and other key executives were arrested on bribery and kickback charges today Ongoing investigations into the marketing of its once high-flying fentanyl...
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What Trump's Cabinet picks reveal

As Donald Trump fills out his Cabinet, a few things are becoming clear: He loves generals, he prizes loyalty, and he especially values the loyalty...
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Former Insys CEO Arrested in Opioid Prescription Kickback Case

Justice Department alleges six former executives bribed doctors in exchange for prescribing Subsys, a fentanyl painkiller Six former executives and managers at Insys Therapeutics Inc. were...
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Wall Street Aims For A Mixed Opening

(RTTNews.com) - Early indications suggest that Wall Street stocks may get off to a mixed start on Friday. The market is waiting for the Consumer...
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Walmart to invest $1.3 billion in Mexico

Walmart's Mexico unit will invest $1.3 billion over the next three years, company officials announced Wednesday at an event with Mexican President Enrique Peña Nieto. The...
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Apple says it is working closely with the Chinese government to kill coal

Apple has made its first investment in wind power.  Apple recently bought a significant stake in several projects led by Xinjiang Goldwind Science & Technology, the...
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UPDATE 3-Investors hedge bond bets before Italy vote, banks rebound

* Monte dei Paschi leads share bounce back, up 16 pct * ECB ready to buy more Italian bonds - sources * BlackRock says upping exposure to...
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Trump promised $1 trillion for roads and bridges. The trick now is finding the cash

President-elect Donald Trump’s promise to spend $1 trillion on America’s worn-out infrastructure has been embraced by advocates who hope it was more than campaign rhetoric,...
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Dow flat as oil skids; S&P, Nasdaq boosted by health

The Dow was little changed in late morning trading on Tuesday, pressured by a sharp drop in oil prices that weighed on energy companies, while...
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Costs mount for Lufthansa as pilot strike enters second week

Lufthansa (LHAG.DE) pilots staged another walkout on Tuesday, with neither side showing any willingness to yield in a dispute that has already cost the German...
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Tiffany & Co. Says Increased Security Around Trump Tower Is Hurting Business At Its Flagship Store

As the story goes, Donald Trump was so enamored of the deal that gave him the air rights over Tiffany & Co.’s Fifth Avenue flagship...
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Samsung May Split Itself In Two

Pressure on Samsung has been mounting since the storm that surrounded its Galaxy Note 7, and the company on Tuesday finally bowed to calls from...
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Amazon's customer loyalty eats into competitors

This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. Amazon is tightening its grip on the total...
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U.S. Banks Report Record Profit in Third Quarter

Institutions’ profits soared and expenses moderated WASHINGTON—The nation’s commercial banks and savings institutions reported a 13% rise in net income in the third quarter, hitting a...
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Want your money to make money? Read this first.

You belong to a unique breed There are so many lucrative opportunities out there waiting for someone to profit from them. So why aren’t they being...
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Nikkei's largest fall in years, yen spikes, government bond yields below 0%

It’s been a tumultuous, nerve-jangling session for Japanese markets. The benchmark Nikkei 225 index lost in excess of 900 points, closing the session at 16,085.44. The 5.4%...
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Five Things You Need to Know to Start Your Day

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Jan. 8, 2016. The Standard & Poor's...
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Crude steady fall is terrible

It has been a terrible year for crude oil. Despite a tentative bounce overnight, Brent crude has fallen by more than 36% so far in...
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Markets pause ahead of jobs data

The base metals generally continued their rally yesterday with average gains of 0.5 percent, the exceptions were lead and zinc that declined 0.5 percent. Copper...
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Islamic State announces new gold currency

Islamic Sate (IS) has announced the creation of a new currency in gold, silver and copper, featuring a world map, including the Americas, where the...
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Why JPMorgan and Bank of America Relaxed 'Jumbo Mortgage' Rules

NEW YORK - JPMorgan Chase (JPM - Get Report)  is lowering its credit standards for high-value mortgages, seeking to attract new customers as a looming...
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The £45 pamper kit that won me a six-figure salary: Mother who owns three houses and an Audi convertible reveals how she turns over £3MILLION a year... selling Body Shop products at parties

The 53-year-old, who is married to husband Bruce and now manages a team of 1,000 people, turning over millions of pounds a year, owns three...
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