Billionaire Stock Picker Picks a Tough Week to Return

Billionaire Stock Picker Picks a Tough Week to Return

Taxi-driver-turned-art-collector Liu Yiqian, who made most of his billions trading stocks, jumped back into the Shanghai market with some $160 million this week.

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Airlines’ New Normal: More Seats, Fewer Flights

Airlines’ New Normal: More Seats, Fewer Flights

Using an industry technique known as “upgauging,” airlines increase capacity by adding seats on existing jets and replacing smaller planes with larger ones.

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Get Ready to Weather the Price of El Niño

Get Ready to Weather the Price of El Niño

The return of the El Niño weather phenomenon is forcing agricultural commodity players, from wheat farmers in Australia to traders in Singapore, to prepare for low crop yields and heightened price volatility.

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Hedge Funds With Greek Holdings Face Uncertain Wait

Hedge Funds With Greek Holdings Face Uncertain Wait

Hedge funds managers with exposure to Greek stocks and warrants face an uncertain wait ahead of Sunday’s referendum, after being unable to get their money back or easily value their funds this week.

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Buffett Re-Examines Reinsurance

Buffett Re-Examines Reinsurance

The obscure business of reinsurance has always been one of Warren Buffett’s favorite money makers, but a changing landscape has led his Berkshire Hathaway to adjust its strategy.

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Casio Bets on a Watch That Is Smart

Casio Bets on a Watch That Is Smart

The Japanese watchmaker, under a new president, looks to enter the smartwatch fray, four decades after it introduced its first digital wristwatch.

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Brazil Antitrust Agency Investigating Banks for Suspected Rate Manipulation

Brazil Antitrust Agency Investigating Banks for Suspected Rate Manipulation

Brazil’s antitrust agency is investigating banking giants HSBC Holdings PLC, Citigroup Inc., Deutsche Bank AG and others on suspicion of forming a cartel to manipulate the exchange rate of the Brazilian currency, the real.

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Intel President James to Leave

Intel President James to Leave

Intel Corp. said President Renée James is stepping down, one of several management changes as CEO Brian Krzanich shakes up the chip maker.

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Ford Recalls 432,000 Cars Over Software Problem

Ford Recalls 432,000 Cars Over Software Problem

Ford is recalling 432,000 Focus, C-Max and Escape vehicles because of a software problem that could keep the cars from shutting off.

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Brazil Police Arrest Another Former Petrobras Executive

Brazil Police Arrest Another Former Petrobras Executive

Brazil’s federal police have arrested another former executive of Petróleo Brasileiro as part of an investigation into a broader corruption scandal.

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IMF Says Greece Needs Debt Relief and More Aid

IMF Says Greece Needs Debt Relief and More Aid

The International Monetary Fund warned that Greece would need debt relief and more than €60 billion ($66.6 billion) in new aid, raising the stakes in an already fraught Greek referendum over creditors’ bailout terms.

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Xiaomi’s Smartphone Launch in Brazil Is Its First Outside Asia

Xiaomi’s Smartphone Launch in Brazil Is Its First Outside Asia

Xiaomi’s Redmi 2 smartphone will be the company’s first sold outside Asia and its first manufactured outside China.

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PayPal to Buy Online Money Transfer Company Xoom

PayPal to Buy Online Money Transfer Company Xoom

PayPal has agreed to buy online money-transfer company Xoom for $890 million in an all-cash deal, marking incoming chief Dan Schulman’s first big move ahead of his company’s planned spinoff from eBay later this month.

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Facebook Will Share Video Ad Revenue

Facebook Will Share Video Ad Revenue

Facebook said it would begin sharing ad revenue with video creators, a move designed to attract more polished content and more ads.

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Never Disconnect: How We Use Phones Now

Never Disconnect: How We Use Phones Now

Most Americans reach for their phones first thing in the morning and fall asleep with them at night, according to a survey by Bank of America. BofA's head of digital banking Michelle Moore discusses. Photo: Getty

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