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  US Secretary of State nominee Rex Tillerson seems to be almost at variance with President-elect Donald Trump over key foreign policy issues, which he would face as America’s top diplomat. At his confirmation hearing, the former Exxon Mobil Corp CEO, under intense questioning on US-Russian relations and other foreign issues, called Russia a danger and vowed to protect America’s ...

  There’s a big threat to Germany’s traditional political parties ahead of this year’s general election, and it isn’t immigration or populism. It’s the inflation eating away at Germans’ savings as the European Central Bank keeps interest rates near zero. Germans, from serious economists to tabloid writers, have long decried the ECB’s lax monetary policy. With its stated goal of ...

  An entire library could be filled with books about how the bright minds in Silicon Valley find and fund the next Google or Facebook. But there are four basic steps to startup investing: 1) Persuade people to give you lots of money. 2) Use that money to buy shares in young companies. 3) Cash out those shares in an ...

  The irony of the yuan rally that took bears by surprise last week was that the surge came just days before China announced that its foreign currency reserves shrank by $41 billion in December. The stockpile is now $3 trillion, a decline of more than $1 trillion since its peak in 2014. Authorities have been drawing upon the huge ...

  Bloomberg Google is rolling out a real world application for its most ambitious virtual reality effort: letting shoppers see what they might buy without leaving home. The Alphabet Inc. unit introduced two new retail partnerships, with BMW and Gap Inc., deploying its 3D-scanning project called Tango. The technology uses cameras and sensors in mobile devices to overlay digital images ...

  Bloomberg After a tough 2016, Fitbit Inc. has a plan to keep users hooked to its devices for the new year. Taking cues from the addictive nature of Facebook and other networks where people connect with friends, Fitbit is rolling out new social features on its app, including a news feed where users can share exercise summaries, read health-related ...

  Reuters Facebook Inc’s Instagram is bringing more than 30 advertisers into one of its fastest-growing features, Instagram Stories, in a bid to boost advertising revenue, the company said. The social media company will become a more important player in maintaining Facebook’s growth in advertising revenue in 2017. During the last two earnings calls, Facebook executives said they may soon ...

  Bloomberg Saudi Arabia will consider renewing its pledge to cut crude output in six months and has already reduced production by more than its targeted level, Energy Minister Khalid Al-Falih said. The world’s biggest oil exporter agreed to cut 486,000 barrels a day from Jan. 1 for six months as part of a global deal to reduce output to ...

    Bloomberg The future of internet in Israel may depend on allowing a reorganization of Bezeq Israeli Telecommunication Corp., despite concerns the move could undermine years of efforts to make the local market more competitive. “If we don’t move ahead with a national fiber-optic infrastructure, Israel’s internet will get stuck in another two or three years,” Regional Cooperation Minister ...

  Bloomberg The price paid for solar power in India at auction is set to fall below last year’s record lows for the South Asia nation, driven by plummeting panel prices, falling interest rates and competition among developers seeking a slice of the country’s renewables market. Prices could dip lower than the 4.34 rupees (6 cents) a kilowatt-hour offered in ...