By Nandita Bose | FAYETTEVILLE, Ark. FAYETTEVILLE, Ark. Wal-Mart Stores Inc (WMT.N) executives on Friday reassured workers they remained integral to the company’s success as they highlighted investments in online sales and other technology to compete with rivals like Amazon.com Inc (AMZN.O). Wal-Mart is successfully using e-commerce to boost sales but does not want to
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By Minami Funakoshi and Joyce Lee | TOKYO/SEOUL TOKYO/SEOUL Long the preserve of geeky enthusiasts, bitcoin is going mainstream in Asia, attracting Mrs Watanabe – the metaphorical Japanese housewife investor – South Korean retirees and thousands of others trying to escape rock-bottom savings rates by investing in the cryptocurrency. Asia’s moms and pops, already regular
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STOCKHOLM Streaming music service Spotify could be floated within a year, a source familiar with the matter told Reuters on Friday, after co-founder Martin Lorentzon told Swedish radio a listing was not in the pipeline. Reuters reported last month that Spotify, working with investment banks Morgan Stanley (MS.N), Goldman Sachs Group Inc (GS.N) and Allen
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By David Stanway and Henning Gloystein | SHANGHAI/SINGAPORE SHANGHAI/SINGAPORE The U.S. decision to withdraw from the Paris climate accord has bolstered China’s stature and diplomatic power, and could help Beijing achieve longer-term ambitions to upgrade its economy and dominate lucrative new industries. China – the world’s biggest source of climate-warming greenhouse gases – has been
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