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Sweden’s hike holds a lesson for ECB

If you’re searching for an example of how not to deal with negative rates, look no further than Sweden. The Riksbank chose to raise its repo rate back to zero, after years of negative rates, but it’s not at all clear why. Sweden’s economic outlook hardly suggests a hike is needed. Inflation is running at 1.7%, which is just below ...

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Motorola’s ‘back to future’ play needs more future

It seems like Motorola has invented a 2019 version of the Flux Capacitor. That fictitious device from “Back to the Future” made time travel possible. Now, the phone division of Lenovo Group Ltd. has to overcome the same kinds of struggles faced by the vintage film’s DeLorean-driving scientist. Rather than racing to meet a lightning bolt, Motorola is rushing to ...

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The city of London starts to crack over the Brexit

Boris Johnson’s triumphant UK election victory makes Brexit a near certainty next month. For the City of London, Britain’s split from its biggest trading partner is a huge leap into the unknown; one that will test its cohesion like never before. Banks, insurers and asset managers have spent billions preparing for their departure from the European Union and have moved ...

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