Bloomberg Jawbone Inc. is set to be a much smaller company, according to reports that it’s ending production of its fitness trackers and seeking buyers for its speaker business. The closely held company has put its speaker business up for sale, Fortune said, citing anonymous sources, in a report on its website. Later, Tech Insider reported that Jawbone has …

  Bloomberg Brazil’s real extended its worst week since December and stocks fell as speculation the country’s political crisis will escalate dimmed expectations that Acting President Michel Temer will be able to restore confidence in Latin America’s biggest economy. The real led losses among the world’s major currencies this week after recordings released by newspapers suggested that Temer’s PMDB party …

  Ironic as it may seem considering his campaign platform, investors have welcomed the eight-point economic agenda of the incoming president of the Philippines, Rodrigo Duterte, in which he vowed to continue and maintain the current macroeconomic policies of the outgoing government. This is, by no means, a marked shift from his campaign promise, “Change is Coming,” under which he …