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Brexit knocks confidence but the sky hasn’t fallen

  A month has passed since the U.K. voted to leave the European Union. While that’s nowhere near long enough for all of the economic aftershocks of Brexit to fully manifest, the evidence thus far suggests grounds for optimism. The FTSE 100 Index of the biggest U.K. companies, which dropped 3.15 percent on the day after the referendum, is now ...

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Companies moving away from India’s IT hub Bangalore

  Undoubtedly, Bangalore is still the number one IT/ITeS outsourcing location in the world, as noted by an Economic Times article quoting a 2014 survey of the top 100 IT locations. It’s not difficult to see why — the city not only boasts the highest number of startups, but also has an ecosystem that supports the startup culture. It has ...

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A weaker Yen coming: Who are winners and losers?

  Anthony Fensom The Bank of Japan is determined to cheapen the currency of the world’s third-biggest economy. Who might be the winners and losers, both at home and abroad? On Friday, the yen ended trading with its first two-week decline since May on speculation of further monetary stimulus at the Bank of Japan’s (BoJ) July 29 policy meeting. Despite ...

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