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Worldwide inequality report shows gap between rich and poor

Andrey Rudakov | Bloomberg | Getty Images Superyachts and other smaller luxury vessels sit moored in the Port de Fontvieille in Monaco, on Monday, May 18, 2015. The gap between rich and poor has increased in almost every region of the world over the last four decades, according to a …

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Greece should only get a debt deal after August, incumbent Eurogroup president Mario Centeno says

Matt Cardy | Getty Images Street vendors sell bread from a stall in the main shopping area following the electoral success by Syriza in the Greek general election on January 26, 2015 in Athens, Greece. Greece needs to fully complete its current bailout program before the country receives any relief …

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China’s November data on fixed-asset investment, industrial production, retail sales

China Photos | Getty Images Children holding Chinese national flag play in Tiananmen Square in Beijing, China. China’s fixed-asset investment growth slowed to 7.2 percent in the January-November period, while industrial output expanded at a faster pace than markets had expected. Analysts polled by Reuters had correctly predicted investment growth …

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Rivals compete for control of empty Sri Lanka airport

LAKRUWAN WANNIARACHCHI/AFP/Getty Images The international airport at Hambantota, Sri Lanka. Sri Lanka has long had deep ties with New Delhi, but it’s fallen into China’s orbit in recent years, with the country a key member of Beijing’s wide-ranging “Belt and Road” infrastructure project. India, which isn’t a member,is wary the …

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Tesla stock is up 12 percent in a week

Tesla shares have surged 12 percent in the last week, but one equity strategist sees trouble on the horizon. The stock has risen for three-straight sessions on a slew of news the market appeared to like: CEO Elon Musk said last week the electric car manufacturer was working toward custom …

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Facebook Russian-bought Brexit ad buys amount to less than $11

Alexei Nikolsky | Sputnik, Kremlin Pool | AP Russian President Vladimir Putin heads the Cabinet meeting in Moscow, Russia, Wednesday, April 12, 2017. Russian-based operatives placed three advertisements on Facebook in the run-up to Britain’s 2016 referendum on EU membership, spending just 97 cents to raise the issue of immigration, …

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Disney deal seen valuing Fox assets at $60 billion: Sources

Getty Images Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Disney’s deal with 21st Century Fox is seen giving the movie and …

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Helicopter window falls on Japanese school in Okinawa

Getty Images | Kyodo News Okinawa Governor Takeshi Onaga shows a photo of a window claimed to have fallen from a U.S. helicopter. The window of a U.S. military helicopter fell onto the sports field of an elementary school in Japan on Wednesday, injuring one child. The student was slightly …

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Facebook Messenger boss David Marcus joins Coinbase board

Stephen Lam | Reuters David Marcus, vice president of Messaging Products at Facebook, speaks on stage during the annual Facebook F8 developers conference in San Jose, California, April 18, 2017. A top Facebook executive is joining the board of cryptocurrency exchange Coinbase. David Marcus, head of Facebook’s Messenger service, will …

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Fintech unicorn iZettle raises $47 million; CEO talks IPO plans

Johan Jeppsson | Bloomberg via Getty Images Jacob de Geer, co-founder and chief executive officer of iZettle. Swedish payments start-up iZettle said Wednesday it had raised 40 million euros ($47 million) in funding to boost its growth strategy. The small business commerce platform lists Jack Dorsey’s Square among its competitors …

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