How a brothel owner created the world’s biggest industrial park

How a brothel owner created the world’s biggest industrial park

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How a brothel owner created the world’s biggest industrial park
Lance Gilman, tech-titan whisperer PAST the neon lights of Reno and the cookie-cutter homes of neighbouring Sparks, the I-80 highway winds through a thinly populated expanse of arid hills and lunar valleys in Storey County. On one side of the road flows the Truckee River; on the other bands of wild horses forage for parched […]
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How kidnapping insurance keeps a lid on ransom inflation

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How kidnapping insurance keeps a lid on ransom inflation
IN THE early 1970s, leftist guerrillas in Argentina discovered a lucrative new way to make money: kidnap millionaires. Panicking firms would agree to huge ransoms, more concerned with freeing their executives than driving down the fee. That was not just bad for businesses. It also became a textbook case of how poor negotiating can send […]
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Gazprom is enjoying a sales boom in Europe

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Gazprom is enjoying a sales boom in Europe
FEW firms have more power to heat up the cauldron of global geopolitics like Gazprom, the state-backed Russian energy producer. It supplies more than a third of the natural gas that Europeans use for power generation, heating and cooking, creating what many—especially Americans—see as an unhealthy dependence (see chart). It has used its strength to […]
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Portugal’s energy giant may sell to a Chinese state-owned utility

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Portugal’s energy giant may sell to a Chinese state-owned utility
SHOULD Europeans worry that China Three Gorges (CTG), a state-owned firm, wants to buy EDP, a utility that is Portugal’s biggest company? It is three years since one local banker, Fernando Ulrich, called Portugal “a Chinese aircraft-carrier in Europe”—back then, Chinese buyers were already snapping up stakes in “strategic” local companies as quickly as the […]
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Award

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Award
On May 16th Callum Williams, our Britain economics correspondent, was named joint winner of the Young Financial Journalist of the Year at the Wincott Awards, an annual set of prizes for British journalists. Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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How Flixbus conquered the European coach market

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How Flixbus conquered the European coach market
Digging in its wheels MANY Europeans see long-distance coach travel across America as glamorous. That may be a legacy of a Clark Gable film from 1934 called “It Happened One Night”, about a romance between two passengers on a bus travelling from Florida to New York. Modern Americans see it as anything but alluring. It is looked […]
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Americans, tired of high-priced drugs, are fighting back

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Americans, tired of high-priced drugs, are fighting back
IF ONE concern unites Americans, it is the high prices of prescription drugs. One incident in particular tarnished much of the pharma industry: in 2015 the price of an antiparasitic drug, Daraprim, jumped from $13.50 to $750 per pill. But large price increases remain stubbornly commonplace (see chart). According to IQVIA, a health-data firm, the […]
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Can coach companies lure business people on board?

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Can coach companies lure business people on board?
IN THE past, coach travel was seen as somewhat glamorous. That is perhaps an odd legacy of a Clark Gable film from 1934 called “It Happened One Night”, about a romance between two passengers travelling on a crowded bus going from Florida to New York. But now many people look down on it as something […]
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Xiaomi eyes a giant Chinese IPO

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Xiaomi eyes a giant Chinese IPO
IN CHINA no company achieved $1bn in annual revenue as quickly as Xiaomi did, in the year following the launch of its first smartphone in 2011. Chinese media initially nicknamed Xiaomi the “Apple of the East” (its literal translation is “little rice”). That was a stretch, even in good times. But within another two years […]
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Air France-KLM is being brought to its knees by its unions

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Air France-KLM is being brought to its knees by its unions
AIR FRANCE likes to present itself as a cut above other European airlines. Offering fancy French food and free champagne in economy class on long-haul flights, the company’s strategy is to justify its high ticket prices by offering a premium service. But facing intransigent unions at home and competition from abroad, the airline’s financial fizz […]
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Two hackers have found how to break into hotel-room locks

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Two hackers have found how to break into hotel-room locks
WHEN a hacker gets hacked, hackers hack back. That is exactly what an attendee at a hacking conference in Berlin in 2003 did when the keycard-operated lock of his hotel room got hacked. On returning to his hotel room, he found that his laptop had been stolen, but there was no evidence of forced entry. […]
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Trade talks expose a chasm between China and America

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Trade talks expose a chasm between China and America
START with the good news from the trade negotiations between China and America. After weeks of threatening tariffs and counter-tariffs, representatives from the world’s two biggest economies are at last talking. Over two days of meetings in Beijing, which ended on May 4th, Chinese and American officials laid out their grievances and their demands. That, […]
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Time Management Techniques for Makers

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Time Management Techniques for Makers
Poor time management skills will put a huge dent in your business’ potential. Here is our advice for developing the most effective time management techniques for your small business. Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur
Small businesses struggle with cash management, tax rules, healthcare costs and more in a roundup of the latest SMB surveys for Small Business Week. This week’s B2B Data Digest is all about small Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Trade wars threaten to disrupt American firms’ global supply chains

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Trade wars threaten to disrupt American firms’ global supply chains
“DON’T panic yet,” advises the sandwich king of Ohio. Robert Grote is chief executive of JE Grote Company, a family-run firm in Columbus that is a global manufacturer of pizza-preparation machines, bacon-slicers and automated sandwich-makers. Since about half of its $60m or so of annual sales comes from outside America and his firm buys speciality […]
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Why has Qatar Airways just launched flights to Wales?

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Why has Qatar Airways just launched flights to Wales?
WHEN the Gulf carriers trumpet a new route, it tends to be one that goes to a major city with an international reputation. The big three—Emirates of Dubai, Etihad of Abu Dhabi and Qatar Airways—usually put on a good show to celebrate new flights to places such as  London, New York or Beijing. And so many […]
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The world’s first neighbourhood built “from the internet up”

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The world’s first neighbourhood built “from the internet up”
QUAYSIDE, a 12-acre (4.8-hectare) stretch of flood-prone land on Toronto’s eastern waterfront, is home to a vast, pothole-filled parking lot, low-slung buildings and huge soyabean silos—a crumbling vestige of the area’s bygone days as an industrial port. Many consider it an eyesore but for Sidewalk Labs, an “urban innovation” subsidiary of Google’s parent company, Alphabet, […]
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Hope I save before I get old

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Hope I save before I get old
IF YOU reach the age of 65 in the OECD, you can expect to live for another 19 years  or so (more if you are a woman, less if you are a man). If you stop work earlier than 65, and live a bit longer than average, you could easily be retired for 25-30 years, […]
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ESPN starts a streaming service

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ESPN starts a streaming service
THE first week for ESPN+, a sports streaming service that Disney, owner of ESPN, launched in America on April 12th, had none of the razzmatazz associated with a firm known for blockbuster openings. Forget marquee matchups from the National Basketball Association. The games come from lesser-known football (ie, soccer) leagues, minor college sports and international […]
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Korean Air’s “nut rage” sisters step down

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Korean Air’s “nut rage” sisters step down
FOUR years ago, Cho Hyun-ah, an executive at Korean Air made headlines around the world when she threw a fit because she was served macadamia nuts in their packaging rather than on a serving dish in first class on the airline. She reportedly insulted the cabin crew, threw documents at them, and forced them to […]
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Jeremy Epstein of Never Stop Marketing: Blockchain May Move Us from CRM to WRM – Wallet Relationship Management

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Jeremy Epstein of Never Stop Marketing: Blockchain May Move Us from CRM to WRM – Wallet Relationship Management
Jeremy Epstein and Paul Greenberg chat with Brent Leary about the impact of blockchain technology and cryptocurrencies, as well as the rise of wallet relationship management. Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Tally ERP 9 Crack Release 6.4.1 + Serial Key

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Tally ERP 9 Crack Release 6.4.1 + Serial Key
Tally ERP 9 Crack is the ideal GST and business management tool for small and top-level business. It has perfect functions and takes. Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Americans will no longer have to sign for credit-card purchases

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Americans will no longer have to sign for credit-card purchases
AMERICANS, and people who travel to America, have good reason to celebrate this month. By the end of April, the four major credit-card networks in the country will all stop requiring retailers to collect signatures from customers when completing transactions. Visa, the world’s biggest credit-card issuer announced in January that signatures would no longer be […]
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A Victorian survivor in fund management

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A Victorian survivor in fund management
WHEN the Foreign & Colonial Government Trust was launched in 1868, The Economist had its doubts. “The shape is very peculiar,” we worried, adding that “the exact idea upon which it starts has never been used before.” Some of the trust’s promises were “far too sanguine to ever be performed”. Nevertheless, we concluded that: “In […]
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One person dies after an engine explodes on a Southwest flight in America

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One person dies after an engine explodes on a Southwest flight in America
A SOUTHWEST AIRLINES flight became the stuff of nightmares on April 17th when a jet engine apparently exploded in mid-air and a passenger was partially sucked out of a window before being rescued by fellow flyers. The flight from New York’s LaGuardia airport was bound for Dallas, but at 11:30 am, when it was near […]
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Kinder Morgan’s attempt to build a pipeline reflects badly on Canada

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Kinder Morgan’s attempt to build a pipeline reflects badly on Canada
ALMOST all Canada’s oil and gas is landlocked, so getting it to market requires pipelines—lots of them. But building them requires skills more suited to circus artists than engineers. They must walk the financial high wire, jump through ever-changing regulatory hoops and juggle conflicting demands from environmental groups and numerous governments. The list of failures […]
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The outlook for US government debt

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The outlook for US government debt
THE bond market used to be the prime exhibit for those predicting low long-term economic growth. In the summer of 2016 the ten-year Treasury yield briefly dipped below 1.5%, as expectations for growth and inflation sagged. Things have changed. Earlier this year the ten-year yield briefly went higher than 2.9%. Even after recent share-price gyrations, […]
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