One of the demands that the countries are making of Qatar is that it close Al Jazeera, a Middle-East focused news network with global reach, which they accuse of sympathizing with Islamist movements, such as the Muslim Brotherhood. Al Jazeera has responded to the allegations by insisting that it has editorial independence, telling the BBC
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For those looking to invest in experience and lifestyle, golf might be their next ace in the hole. At least that’s what Erik Anderson, the co-chairman and CEO of privately-held entertainment company Topgolf, told CNBC on Monday. Topgolf, a budding chain of sports-bar-meets-driving-range entertainment centers, has been growing in popularity among non-golfers. (Golf equipment maker
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Wild investment into the cryptocurrency market mirrors the record sum paid for the world’s most expensive painting last month, according to the creator of Ethereum. The cryptocurrency market has seen an unprecedented level of interest from investors this year. Bitcoin, the world’s largest digital currency, has risen more than 1,500 percent since the start of
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With growing concerns about hedge fund returns and structure, interest in hedge fund conversions has spiked. These funds, typically offered in the form of a mutual fund, provide entree to a proven strategy and management team that most investors wouldn’t otherwise have access to. But, just how are these funds converted? And what are the
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Bitcoin futures will begin trading on the Cboe Futures Exchange on Sunday, following a huge ramp-up in the digital currency’s price. The futures will launch at 6 p.m. New York time and will be trading under the ‘XBT’ ticker symbol. The launch will let institutional investors buy into the cryptocurrency space. Until now, bitcoin has
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Instead, the research team decided to headquarter Santa’s mythical workshop in Shenzhen, China, where there’s “a local airport and shipping port that isn’t possible in the North Pole,” said study author, John Pring. Shenzhen is “set up for heavy manufacturing and shipping those goods worldwide,” he continued. Shipping by road from the city would cost
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Patrick T. Fallon | Bloomberg | Getty Images David Simon, chairman and chief executive officer of Simon Property Group Starbucks and Amazon-owned Whole Foods are the latest victims of retail landlords pushing back against companies shuttering stores and trying to bypass contractual agreements. Recently, the largest U.S. mall owner, Simon Property Group, claimed a high-profile
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