The $100 Million Game Turkish Officials Worry Is Pyramid Scheme

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Mehmet Aydin, make of the $100 million video game at the center of a pyramid arrangement investigation in Turkey, says he was first inspired by FarmVille. Like the online farming pretending game that was popular earlier the present decade, his Turkish knockoff, Farm Bank, stands musicians to buy virtual swine, and induce and sell virtual […]

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Payday Loan Mogul Trades Ferrari-Racing Life for Prison Term

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Scott Tucker says he’s a pioneering self-made somebody who, without a college degree, founded successful firms in a variety of fields and contributed thousands of millions of dollars to the U.S. economy. A magistrate says he’s an unrepentant fraud and convicted him to almost 17 years in prison. The disgraced payday credit mogul, better known […]

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Emmanuel Macron promises ban on fake news during elections

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French president urges democracies are under threat as he sets out program including disaster blockings on websites Emmanuel Macron has vowed to introduce a law to banning forge report on the internet during French election campaigns. The French president, who refused accreditation to the Russian state-funded story outlets Sputnik and Russia Today, which it said […]

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‘Bannon may already be cooperating with Mueller’: tell-all book shifts frame of Russia inquiry

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In Fire and Fury, Steve Bannon is specific about what he regards as the most hazardous facet of police investigations: Jared Kushners ties to Deutsche Bank One of the many telling vignettes in Michael Wolff’s book is the sight of Steve Bannon, then White House director strategist, pacing the West Wing, honestly dispensing curious on […]

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No Idea What MiFID Stands For? Heres What You Need to Know

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Everyone in European finance has been abuzz over an obscure acronym — MiFID II — that’s about to radically change how resources from assets to merchandises are transactions and investors’ coin is managed. Banks and asset managers across the European Union have depleted more than$ 2 billion preparing for it. Regulators said here today will […]

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Flattening U.S. Yield Curve Nears Decade Lows in Final 2017 Push

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The U.S. produce arc is getting one final flattening push before calling it a year. The spread between the furnishes on 2-year and 10 -year Assets narrowed to precisely 50.6 basis qualities Wednesday, close to the decade low-pitched to reach agreement on Dec. 6. While a small part of the more than six-basis-point narrowing is […]

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FBI investigates Russian-linked Cyprus bank accused of money laundering

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Request for financial information may be connected to research into possible plot between Trump and Kremlin The FBI has asked officials in Cyprus for financial information about a obsolete bank that was used by affluent Russians with government alliances and has been accused by the US government of money laundering, two sources have told the […]

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Uber Loses EU Court Fight as Judges Take Aim at Gig Economy

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Uber Technology Inc . will be regulated in European Union countries as a transportation company after the bloc’s top courtroom rejected its claim to be a digital service provider, a decision that could increase legal jeopardies for other gig-economy corporations including Airbnb. While the EU Court of Justice’s ruling extended UberPop — which expended motorists […]

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‘Madam Brexit’: Theresa May smiles as interpreter gets her name wrong

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British prime minister was in Warsaw for talks with her Polish counterpart when the slip up happened British prime minister Theresa May was left smirking at a news conference with her Polish counterpart on Thursday after an translator inadvertently called her “Madam Brexit”. May was in Warsaw for talks with prime minister Mateusz Morawiecki, with […]

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