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Something about Brexit everyone can agree on

Who says economists can’t agree? In recent days, four reports evaluating the long-term economic impact of Brexit have been published, and they are remarkably consistent on at least two things. First, Theresa May’s deal will hurt the economy over the next decade or longer; and, second, exiting with no deal would be significantly worse. Ironically, that relative economic clarity may ...

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Facebook uses ‘WhatsApp phones’ to tap next emerging market

Bloomberg One recent afternoon in the Indian city of Pune, a 35-year-old mason named Om Prakash Gaekwad gets a crash course in technology. He watches a street-corner skit explaining the virtues of WhatsApp’s messaging service and Reliance Jio’s wireless network. He then climbs aboard a truck to find out how to set them up. Half an hour later, he’s made ...

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Volkswagen, Tesco in pact on British e-car charging rollout

Bloomberg Volkswagen AG and Tesco Plc plan to build the UK’s largest vehicle-charging network spanning 2,500 bays across some 600 stores in the next three years, even as buyers have so far stayed on the fence and economic fallout from Brexit is difficult to predict. Customers will be able to charge their electric and plug-in hybrid cars using a 7-kilowatt ...

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