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UBS superstar banker has a lot riding on him

UBS Group AG’s assets under management reached a record $2.5 trillion in the third quarter of 2019, buoyed in part by money from rich clients. Unfortunately, the world’s largest wealth manager is finding it harder to squeeze more profit out of this business; its chief executive officer Sergio Ermotti may be running out of ideas. Net profit at the Swiss ...

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How Jokowi became Indonesia’s ‘tech star’

When political outsider Joko Widodo was first sworn in as Indonesia’s president five years ago, a little company called PT GO-JEK Indonesia was barely known. Their rise together since then has broken a technology barrier that was holding back the world’s fourth-most-populous country and promises the chance for a better future. Jokowi, as he’s known, is starting his second term ...

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Hooked on Gmail free storage! Now pay for it

Bloomberg Google lured billions of consumers to its digital services by offering copious free cloud storage. That’s beginning to change. The Alphabet Inc unit has whittled down some free storage offers in recent months, while prodding more users towards a new paid cloud subscription called Google One. That’s happening as the amount of data people stash online continues to soar. ...

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