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Facebook follows users into every nook with ads

Facebook Inc. keeps finding new and potentially annoying places to sell advertisements in its digital hangouts. That’s good news for the company’s bottom line, but it also may signal weakness. Along with Facebook’s controversies of late have been a steady drip of disclosures about fresh spots for Facebook’s paid commercial messages. The company recently started testing different types of ads ...

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Banks in EU win battle to soften new crisis rules

Bloomberg Banks in the European Union won a battle to soften new rules on how failing firms are restructured, as the bloc’s parliament staked out its position on a sweeping overhaul of rules for the financial industry. Lawmakers backed a cap on the loss-absorbing liabilities that regulator can force troubled banks to hold. The ceiling could help to hold down ...

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Norway firming up plans for first interest rate hike in 7 years

Bloomberg Norway’s central bank is seen firming up plans to lift interest rates “after summer” as the richest Scandinavians leave their oil shock behind them. As Norway moves from a recovery to an outright expansion, policy makers in Oslo are becoming less focussed on the krone and are preparing to tighten ahead of colleagues in Frankfurt and Stockholm. “Norges Bank ...

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