Buoyant bitcoin stirs crypto-bubble fears | Reuters

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Bitcoin and other "cryptocurrencies" are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.

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10.08.2017 06.49.10

@josephjett: Buoyant bitcoin stirs crypto-bubble fears reut.rs/2vpaEWn http://pic.twitter.com/uzaAEpq8pL

10.08.2017 06.22.12

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Toymaker Lego appoints new chief executive | Reuters

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Lego has appointed Niels B. Christiansen to replace Bali Padda as chief executive, the Danish toymaker said on Thursday.

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10.08.2017 07.09.31

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10.08.2017 06.55.05

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@ICSA_News: Great new London-based #governance role with @christian_aid. Apply today http://bit.ly/2vm7DWe #corpgov #Londonjobs #UKjobs

Great new London-based #governance role with @christian_aid. Apply today http://bit.ly/2vm7DWe #corpgov #Londonjobs #UKjobs

— ICSA (@ICSA_News) July 20, 2017

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July 20, 2017 at 02:20PM
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Greece Unemployment Rate

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Unemployment Rate in Greece decreased to 22.50 percent in March from 22.90 percent in February of 2017. Unemployment Rate in Greece averaged 15.79 percent from 1998 until 2017, reaching an all time high of 27.90 percent in July of 2013 and a record low of 7.30 percent in May of 2008. In Greece, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for – Greece Unemployment Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

June 08, 2017 at 02:09PM

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from National Statistical Service of Greece

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Amazon loaned SMEs $3 billion since 2011, $1 billion in the past year alone

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Amazon has been ramping up its small loans business, with the company announcing today that it has loaned more than $1 billion to around 20,000 merchants on its platform in the past 12 months alone.

This figure represents a third of the total amount the ecommerce titan has loaned through its Amazon Lending program since its inception back in 2011.

Amazon Lending is available on an invite-only basis to small businesses that sell goods through Amazon’s online marketplace. It was initially only available in the U.S., before it was expanded to Japan followed by the U.K. in June 2015. The company has previously revealed plans to expand the offering to a number of other countries, including China and Canada, but this has seemingly yet to come to fruition.

In an SEC filing earlier this year, Amazon revealed that its Lending program had roughly doubled from $337 million for the fiscal year ending December 2015 to $661 million a year later. But taken on a rolling yearly basis starting in mid-2016, Amazon says it has ramped up its lending by around a third.

“We created Amazon Lending to make it simple for up-and-coming small businesses to efficiently get a business loan, because we know that an infusion of capital at the right moment can put a small business on the path to even greater success,” said Peeyush Nahar, VP for Amazon Marketplace, in a statement. “Small businesses are in our DNA. Amazon is providing capital to small businesses to help them expand inventory and operations at a critical period of their growth.”

Amazon is one of a number of tech companies that have opened up lending businesses to encourage spending. PayPal launched its Working Capital program back in 2013, and recently revealed it has lent more than $3 billion to firms operating online. Back in November, Jack Dorsey’s Square revealed it had passed $1 billion in loans after launching Square Capital in 2014.

Through Amazon Lending, companies can apply for funding ranging from $1,000 to $75,000, and is designed to enable sellers to boost their inventory.

June 08, 2017 at 02:19PM

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from Paul Sawers

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Iceland GDP Growth Rate

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The Gross Domestic Product (GDP) in Iceland contracted 1.90 percent in the first quarter of 2017 over the previous quarter. GDP Growth Rate in Iceland averaged 0.82 percent from 1997 until 2017, reaching an all time high of 6.20 percent in the second quarter of 1998 and a record low of -8.90 percent in the first quarter of 2009. Iceland’s Scandinavian-type social-market economy combines a capitalist structure and free-market principles with an extensive welfare system, including generous housing subsidies. The economy is highly affected by fluctuations in world prices for its main exports: fish and fish products, aluminum, and ferrosilicon. On the expenditure side, household consumption is the main component of GDP and accounts for 53 percent of its total use, followed by government expenditure (24 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 54 percent of GDP while imports account for 47 percent, adding 7 percent of total GDP. This page provides – Iceland GDP Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.

June 08, 2017 at 02:09PM

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from Statistics Iceland

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PNG police chief launches fresh legal action against disbanded anti-corruption body – ABC Online

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ABC Online

PNG police chief launches fresh legal action against disbanded anti-corruption body ABC Online Papua New Guinea’s Police Commissioner has launched legal action against the country’s anti-corruption body Task Force Sweep even though it was disbanded three years ago. Key points: Commissioner Baki says Task Force Sweep was unconstitutional …

June 08, 2017 at 02:16PM

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Iceland GDP Annual Growth Rate

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The Gross Domestic Product (GDP) in Iceland expanded 5 percent in the first quarter of 2017 over the same quarter of the previous year. GDP Annual Growth Rate in Iceland averaged 3.35 percent from 1998 until 2017, reaching an all time high of 13.40 percent in the first quarter of 1999 and a record low of -9.30 percent in the fourth quarter of 2009. Iceland’s economy depends heavily on the fishing industry, which provides 40 percent of export earnings, more than 12 percent of GDP, and employs nearly 5 percent of the work force. Its economy has been diversifying into manufacturing and service industries in the last decade, particularly within the fields of software production, biotechnology, and tourism. On the expenditure side, household consumption is the main component of GDP and accounts for 53 percent of its total use, followed by government expenditure (24 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 54 percent of GDP while imports account for 47 percent, adding 7 percent of total GDP. This page provides – Iceland GDP Annual Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.

June 08, 2017 at 02:09PM

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from Statistics Iceland

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Japanese firms plan to launch self-driving cargo ships within decade

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Shipbuilders and shipping firms believe autonomous ships will reduce accidents by removing potential for human error

Commercial drones and self-driving cars will soon be joined by fleets of autonomous cargo ships that navigate the world’s oceans using artificial intelligence.

Several shipbuilders and shipping firms in Japan have joined forces to develop remote-controlled cargo vessels that could be launched by 2025, according to the country’s Nikkei business newspaper.

Continue reading…

June 08, 2017 at 01:35PM

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from Justin McCurry in Tokyo

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A mourning Britain votes on Thursday: Everything you need to know

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Brexit and terrorism are foremost on voters#39; minds as they choose the leaders who will shape their future.

June 07, 2017 at 02:08PM

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RBI may not change their stance but expect them to be less hawkish this time: SBI MF

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The 7th of every month is Mutual Fund Day here at the CNBC-TV18 stable. In an interview to CNBC-TV18, Navneet Munot, CIO of SBI MF shared his views and outlook on financial health as well as his expectations from Reserve Bank of India (RBI) policy.

June 07, 2017 at 02:07PM

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Image gallery: 2017 Porsche Panamera Turbo road test review

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Image gallery: 2017 Porsche Panamera Turbo road test review

June 07, 2017 at 02:07PM

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Are GCC businesses ready for IFRS? – Zawya

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Zawya

Are GCC businesses ready for IFRS? Zawya All companies listed in Saudi Arabia will be required to adopt International Financial Reporting Standards (IFRS) starting this year, following the lead taken by the UAE in 2016. Furthermore, starting in 2018, unlisted companies will be required to … and more »

June 04, 2017 at 02:18PM

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We can improve people’s well-being with improvements to our governance even without a power-sharing constitution – Stabroek News

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We can improve people’s well-being with improvements to our governance even without a power-sharing constitution Stabroek News Henry Jeffrey (‘Any social impact assessment would have to facilitate our becoming a more consensually driven society’ in SN June 3) and I are in the same playground in advocating for a shared governance constitution in Guyana. His approach to social … and more »

June 04, 2017 at 02:18PM

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