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GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

SOUTH AFRICA

Steinhoff investors ask to join Dutch lawsuit

The Dutch Investors Association (VEB) says it has been approached by many South African-registered Steinhoff shareholders interested in participating in its class action against Steinhoff...

By Ann Crotty 12 Jan 2018

FRANCE

European privacy watchdogs probe Facebook; EU wants to 'finalise' Google market abuse probe

PARIS, FRANCE: European data protection authorities have joined forces to probe Facebook's privacy controls, a French watchdog said on Thursday, putting the popular US social media giant under fresh pressure...

17 Apr 2015

SOUTH AFRICA

Female millennials are the most confident and ambitious of any female generation

New PwC survey dispels myths about women and work...

5 Mar 2015

THE NETHERLANDS

Philips blames Russia, China for its €103m loss

THE HAGUE, THE NETHERLANDS: Dutch electronics company Philips blamed a patent lawsuit and slow growth in primary markets of China and Russia for its €103m loss in the third quarter of its financial year.

21 Oct 2014

THE NETHERLANDS

Funai demands €312m from Philips

THE HAGUE, THE NETHERLANDS: Electronics manufacturer Funai is suing Philips for €312m in compensation for the failed sale of the Dutch company's entertainment business.

6 Oct 2014

THE NETHERLANDS

Dutch group ASML slashes forecast

THE NETHERLANDS - Dutch computer chip manufacturer and global high technology bellwether ASML slashed its forecasts for the next six months despite almost doubling profits in the first quarter.

17 Apr 2014

THE NETHERLANDS

Philips reports sharp switch into annual profit

THE HAGUE, THE NETHERLANDS: Electrical appliance and household goods group Philips switched back into profit in for 2013, the company said.

29 Jan 2014

THE NETHERLANDS

TomTom reports profits slump as car sales slow

THE HAGUE, THE NETHERLANDS: Dutch vehicle navigation systems manufacturer TomTom said its profits fell by half in the third quarter year-on-year, blaming a fall in car sales for the poor results.

31 Oct 2013

THE NETHERLANDS

Unilever sales hit by emerging markets slowdown

THE HAGUE, THE NETHERLANDS: Anglo-Dutch food and cosmetics company Unilever, seen as a bellwether for global consumer spending, warned on Tuesday (1 October) of slowdown in sales growth brought on by weakened demand in emerging markets.

2 Oct 2013

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