It is a sea-change that is happening almost without fanfare. Across Europe, years of often painful austerity are coming to an end, as governments ranging from the traditionally profligate to the more conservative loosen the…
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US regional banks face growing pressure to merge
The biggest US bank deal since the financial crisis will heap pressure on America’s mid-sized lenders to find merger partners, industry executives, investors and analysts say. Consolidation among the scores of US regional banks has been…
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Bank of England pulls back on multiple rate…
The Bank of England has retreated from plans for multiple interest rate rises as it sharply downgraded its economic outlook amid mounting Brexit uncertainty and slowing global growth. In one of the largest near-term forecast…
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Roger McNamee on how to tame Big Tech
“Hey, Alexa!” “Let Google do it!” The next generation of technology devices, the so-called internet of things (IoT), is upon us. The value proposition is enticing. Soon, every appliance in your home will respond to…
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Broadband groups cut capital expenditure despite net neutrality…
The big four US broadband companies invested less in capital projects last year than they did in 2017, undermining one of the rationales for a controversial decision by the Trump administration to remove so-called net…
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Marie Colvin — the making of a myth
After the war correspondent Marie Colvin was killed in Syria in 2012, I set out to write her biography, with the aim of bringing my friend back to life. Seven years on, as a feature…
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India will rise, regardless of its politics
India is an important country. It will soon be the world’s most populous. It has the world’s fastest growing large economy. Not least, it remains a vibrant democracy. What happens in India is going to…
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UK economic growth stalls on Brexit angst
Political uncertainty is choking off growth in the UK economy, with activity slipping to its weakest for six years as companies delay projects and hold off placing new orders. The closely watched IHS Markit index…
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(+) Weekly Recap: Crypto Winter Continues as NEM…
Cryptocurrencies remained under pressure this week, though newfound stability for bitcoin alleviated the risk of a new bearish breakdown. The leading digital currency has managed to hold above a critical long-term support line, which has…
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