The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Brazil's unemployment rate rose to 11.3 percent in the second quarter, statistics agency IBGE said on Friday, hitting a four-year high as Latin America's largest economy struggles with a crippling recession.
The jobless rate was in line with the median forecast of 15 economists surveyed by Reuters. In a sign that Brazil's labor market faces even tougher times, most economists surveyed in a separate Reuters poll expect the unemployment rate will not start falling until 2018.
Brazil's jobless rate has risen sharply from 6.5 percent at the end of 2014 as the country entered its worst recession in decades. The IBGE reworked Brazil's labor market series in early 2012.
The economy, which contracted nearly 4 percent last year and is expected to shrink more than 3 percent this year, shed 91,032 jobs in June. The unemployment rate is expected to rise further as companies continue to lay off workers amid plummeting demand.
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