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Financial Conduct Authority To Implement Stricter Rules In Spread-Betting
An investigation on spread-betting revealed that 82% of users lost money. In response, the Financial Conduct Authority proposed for stricter rules for the industry.
SoftBank Pledges $50 Billion Investment In U.S.
President-elect Donald Trump met with SoftBank CEO Masayoshi Son on Tuesday. The telecom mogul confirmed his plan to invest $50 billion in the U.S., with the aim of creating 50,000 jobs.
Investors on Swiss Company Roche Remain Cautious Despite Overall Business Improvement
Swiss pharmaceutical giant Roche has experienced an improved revenue this year. However, it also saw a decline in market cap as its invetors remain cautious on broader industry factors.
Former Google CEO To Launch Fund
Bill Maris, the ex-CEO and founder of Google willl open and start up a Fund. Former member and Google Ventures founder Bill Maris, who stepped down as CEO earlier in 2016, is launching a new venture fund and has raised slightly over $230 million.