Is Facebook’s Libra currency a case of corporate megalomania? | Nils Pratley

The planned cryptocurrency has big questions to answer, not least on transparency and trust What is Facebook’s new Libra digital currency? A way to stop money-transfer companies exploiting the world’s poor by skimming off vast fees in cross-border tran…

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Amazon and Morrisons expand same-day grocery delivery service

Deal puts pressure on rival supermarkets as online giant moves deeper into UK sectorAmazon is ramping up the pressure on the UK’s traditional food retailers after signing a new deal with Morrisons to deliver groceries across the UK.Morrisons groceries …

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How the Amazon-Google-Uber effect sets inflation | Mohamed El-Erian

Tech innovations have driven the drift down in prices – policymakers ignore such forces at their peril Debates about inflation in advanced economies have changed remarkably over the past decades. Setting aside (mis)measurement issues, concerns about de…

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Microsoft becomes third listed US firm to be valued at $1tn

Company beat sales and profit expectations to join Apple and Amazon in prestigious clubMicrosoft has become the third publicly listed US company, after Apple and Amazon, to boast a market value of more than $1tn after bumper quarterly results boosted i…

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