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Wal-Mart’s margins fall on price cuts, spending on e-commerce

CHICAGO (Reuters) – Wal-Mart Stores Inc on Thursday reported lower quarterly margins after it cut prices and invested heavily on expanding its e-commerce operations, and its shares fell nearly ... Read More
baker and mckenzie

Baker McKenzie enters new economy with Legal Collab

Baker McKenzie launches the initiative for multidisciplinary collaboration aimed at addressing pressing issues in the new economy. Baker McKenzie is to launch the Whitespace Legal Collab this June in ... Read More

Is Italy now more close to exit the euro?

Italy’s central bank warned on May 31 that leaving the eurozone would not solve the country’s economic problems, as two major parties campaign to drop the common currency before ... Read More
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Germany’s booming economy shifts into overdrive

Europe’s largest economy, Germany, is seeing trade surge with a sharp increase in demand for goods ‘Made in Germany’ around the world. The rise comes despite protectionist rhetoric from ... Read More

Reserve Bank of Australia keeps the cash rate unchanged at 1.50 per cent

The Reserve Bank of Australia has published today a statement by Philip Lowe, Governor, to inform about its monetary policy decision. According the press release, at its meeting today, ... Read More
Mini Cooper

Weak Sterling boosts UK car production to 17-year high

Car manufacturing in the United Kingdom hit a 17-year high in the first three months of 2017, as exports bolstered demand. Sterling has dropped sharply since June 2016’s vote ... Read More

Here’s what Venezuela’s deepening crisis means for oil prices

Venezuela and its worsening economic and political crisis may be an underappreciated wild card when it comes to the outlook for oil prices. The nation, which has the world’s ... Read More
asia stocks

Stocks Climb as Japan Data Spur Growth Optimism: Markets Wrap

New Zealand hits inflation target for first time in 5 years Equity indexes in Japan, Hong Kong and Australia all rise Asian stock markets climbed as oil recovered some ... Read More

Indonesia is betting on the great big fintech opportunity

Indonesia regulator expects fintech firms to double to 250 by year-end Indonesia – the largest economy in the south east Asian region – is betting on the great big ... Read More

Venezuelan citizens are adopting alternatives like the bitcoin to survive

With its economy in shambles and its national currency in steep decline, Venezuelan citizens are adopting alternatives to survive—chief among them the crypto-currency Bitcoin. But that’s not the only option ... Read More
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