From Breakingviews - Pampered pets unleash booming market: podcast
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The Exchange: Pampered pets unleash booming market on Apple Podcasts🔊 Podcast from Breakingviews: The pet craze brought on by the pandemic has become a boon for companies that sell products to dog-loving owners. FidoCure founder Christina Lopes joins TheRealLSL to discuss how this might be able to help humans
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Breakingviews - Apple could overcome VR’s nerd and creepy factorsTo be successful at launching a new technological device, a company must overcome both nerd and creepy factors. Apple’s Vision Pro, the virtual and augmented reality goggles revealed on Monday, currently does neither. But Apple has a better chance than competitors at getting there.
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Breakingviews - Binance charges are a last gasp for cryptoBinance founder Changpeng Zhao doesn’t have much to look forward to. On Monday, the U.S. Securities and Exchange Commission sued the world’s largest cryptocurrency exchange, accusing it of, among other things, artificially inflating trading volumes and failing to properly control U.S. accounts. Zhao has defended the exchange – and the cryptocurrency business – vigorously since his biggest competitor Sam Bankman-Fried was charged with fraud late last year. Even if he makes it through this regulatory blowback, crypto trading has moved against him.
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Breakingviews - Indivior opioid settlement makes purer M&A caseIndivior is one step closer to becoming a takeover target. On Friday, the $3 billion maker of treatments for opioid addiction agreed to pay $102.5 million to settle a lawsuit involving dozens of U.S. states which accused the company of suppressing competition for its remedy Suboxone.
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Breakingviews - Turkey’s new economic broom has too much to tidyThe appointment of Mehmet Simsek as Turkey’s new treasury and finance minister at the weekend has sparked some investors’ hopes of a return to monetary orthodoxy in a country beset by soaring inflation. Despite yet another fall in the lira on June 5, markets hold him in high regard. That’s unlikely to be enough to counter President Tayyip Erdogan’s long-held penchant for economic mismanagement.
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Breakingviews - Greece’s reform labours are only half completeHercules famously completed 12 labours. Today’s Greece resembles the mythological hero when he was halfway through his tasks. The country has done a lot of work to rebuild itself after its debt crisis, but still needs to finish the job.
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