Business

US economy expanded by 2.2% in Q4 2018, up 2.9% for full year

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The US economy expanded by slightly less than expected in the fourth quarter of 2018. The US economy grew by 2.2 percent in the fourth...
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Michelle Obama’s memoir “Becoming” has sold over 10 million copies

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Penguin Random House announced on Tuesday that Michelle Obama’s memoir “Becoming” has sold over 10 million copies and is on track to becoming the...

Apple launching its own credit card, the Apple Card

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Apple announced that it is launching its own credit card, the Apple Card, which it promises will eliminate fees, lower interest rates, offer better...
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Incentives and breaks promote high creativity production

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Giving employees incentives to come up with as many ideas as possible - regardless of quality - and then having them step away from...
UK retail sales

UK retail sales rose in February

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UK retail sales increased 0.4% in February on the previous month, according to figures released by the Office for National Statistics (ONS). The increase, which...
Five Pound note (sterling).

Bank of England leaves interest rates unchanged at 0.75%

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The Bank of England left interest rates unchanged at 0.75% amid mounting uncertainty about Brexit. The Bank’s nine-member Monetary Policy Committee (MPC), led by Mark...
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Google fined €1.5 billion by EU over unfair advertising rules

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Google has been fined €1.5 billion ($1.7 billion) by the European Union over unfair advertising rules. The latest case accuses Google of preventing rivals from...
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Netflix won’t joint Apple’s video streaming service

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Apple’s upcoming video streaming service won’t have Netflix integrated into the service. According to Reuters, Netflix CEO Reed Hastings told reporters: “We prefer to let out...

Paris, Singapore and Hong Kong ranked most expensive cities in the world

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Paris, Singapore and Hong Kong are the three most expensive cities in the world, according to the Economist Intelligence Unit's 2019 Worldwide Cost of...
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FIS agrees to acquire Worldpay for about $35 billion

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US fintech giant Fidelity National Information Services (FIS) has agreed to acquire payment processor Worldpay for about $35 billion, according to a joint announcement...