ECONOMY

McDonald's closed down Ronald McDonald
ECONOMY

An ill-thought scheme intended to retain the last of McDonald’s’ customers has blown up in franchise owners’ faces, showing how little can be done to save the fast food ...
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Chinese yuan CIPS
ECONOMY

China launched the first phase of its China International Payment System (CIPS) in Shanghai on Thursday, allowing cross-border transactions in the Chinese national currency, the yuan. CIPS’ first phase provides clearing and settlement services, ...
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Silver eagle
ECONOMY

Courtesy of Sharelynx’ Nick Laird who tracks precious metal premium by vendor, we continue our recent series showing the discrepancy between paper and physical metals, in this case silver. As ...
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ECB EU QE Mario Draghi
ECONOMY

The eurozone will need at least another three years of quantitative easing and €2.4 trillion of firepower to revive its flagging fortunes, Standard & Poor’s has warned. With ...
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India central bank Raghuram Rajan interest rates
ECONOMY

India’s central bank on Tuesday cut its key interest rate more than markets expected amid optimism that inflation will remain low and fears that Asia’s third-largest economy is ...
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Happy workplace
ECONOMY

Despite research telling us it’s a really bad idea, many of us end up working 50-hour weeks or more because we think we’ll get more done and reap the benefits ...
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UBS gold
ECONOMY

With countless settlements documenting the rigging of every single asset class, it was only a matter of time before the regulators – some 10 years behind the curve ...
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Precious metals gold
ECONOMY

The Swiss competition regulator has opened an investigation into possible collusion in the precious metals market by several major banks, it said on Monday, the latest in a ...
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Gold reserves Russia
ECONOMY

Russia’s appetite for gold accelerated last month, with the country adding the most to its reserves since at least March. The nation increased holdings to 42.4 million ounces from 41.4 ...
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Janet Yellen Federal Reserve QE4
ECONOMY

On Thursday, the Federal Reserve announced that it will leave interest rates as is, right near zero percent. Fed Chair Janet Yellen cited recent volatility in markets and uncertainty overseas as reasons to hold ...
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