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Indian coffee king, VG Siddhartha, found dead

Bloomberg VG Siddhartha, the founder of India’s biggest coffee chain, has been confirmed dead days after he purportedly wrote a letter indicating he was anxious about pressure from banks, investors and the tax authorities. Siddhartha told his driver he was going for a walk, near a bridge close to the southern Indian city of Mangaluru. He was reported missing after ...

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Johnson’s biggest Brexit battle is plunging pound

For much of the past two and a half years, the UK has had the luxury of negotiating the terms of its departure from the European Union under little pressure from the financial markets. The new prime minister Boris Johnson could soon come to pine for those calmer days. Sterling fell by more than 1.3 percent to $1.22, hitting its ...

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Germany’s nitpicks won’t change big tech

German courts, regulators and legislators are deeply suspicious of Big Tech’s business practices. Yet it’s hard to shake the feeling that, when they intervene to fix them, they only skim the surface of what’s wrong with the internet majors. That’s not necessarily wrong, either. Take, for example, Facebook’s practice of collecting data from third-party websites that have embedded the social ...

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