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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Libra: Facebook launches cryptocurrency in bid to shake up global finance

Digital currency will let billions of users make transactions but is raising privacy concernsFacebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a move that co…

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UK firms overcharging loyal customers could soon face instant fines

Watchdog could get new powers over mobile, broadband and insurance providersFirms that exploit consumer loyalty by overcharging longstanding customers could soon face instant fines under plans unveiled by the government.The “loyalty penalty” is estimat…

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Climate crisis: aviation industry hears clamour for electric planes

Shift from fossil fuels top of agenda for Paris air show, industry having lagged behind other sectorsFaced with growing calls for action on the climate crisis, aerospace companies gathering for the Paris air show next week are turning their thoughts to…

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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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