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K+S earnings grow on higher fertilizer prices

“K+S AG (SDF.XE) said Wednesday that its third-quarter revenue and Ebitda rose, helped by higher fertilizer prices” writes Marc Bisbal for marketwatch.com. It expects Ebitda of EUR560 million-EUR660 million and earnings before interest and taxes of EUR260 million-EUR360 million.Earnings before interest, taxes, depreciation and amortization rose 37% to EUR76.7 million.Salt revenue fell in the quarter, as higher sales volumes in salt for chemical use were offset by lower sales volumes in other segments, the company said. Source: marketwatch.com Share This:

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Governments need to take their hands off of fintech if they want it to grow, minister says

“Singapore’s central bank, the Monetary Authority of Singapore, also launched a fintech regulatory sandbox last year” writes Rohini Samtani for cnbc.com. Switzerland, for one, has introduced a so-called regulatory sandbox, within which small fintech firms can play without regulation.Switzerland also offers a tailor-made fintech license, which is far less taxing on small firms compared to a banking license.In order for financial technology to grow, some countries are giving firms freedom to experiment, lifting the burdens of tight regulation.And once they grow out of that sandbox, the regulation will be according…

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As car-share fleets grow, Stratim targets managing them

“Every minute that a car can’t be used by one of these mobility services is a minute of downtime and a minute of lost money,” he said” writes Phil Lebeau for cnbc.com. Behr’s vision has fueled his company Stratim to be the platform tracking, monitoring and overseeing the maintenance of more than 10,000 vehicles operated by more than 50 mobility services. Source: cnbc.com Share This:

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Industrial Water Treatment Technology Market to Boom through 2020

“Wastewater is an undervalued; when managed well, it can be a sustainable source of water, energy, nutrients and other recoverable by-products the report, Wastewater: The Untapped Resource, maintains” writes Jennifer Hermes for environmentalleader.com. The manufacturing sector stands to gain the most from strong wastewater management practices, as it is the greatest generator of wastewater among the main industrial sectors – and the volumes of industrial wastewater are expected to double by 2025, according to the report.The market for industrial water treatment technologies geared to managing wastewater is expected to grow…

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An app where teenagers lip synch reportedly got bought for $1 billion

“Most recently, Facebook bought tbh, an anonymous quiz app that had attracted 5 million users in about a month” writes Kerry Flynn for mashable.com. There’s a rumor among the creator community that Facebook offered a similar price tag to Musical.ly last summer, around the time that Facebook bought musical selfie app Evergroove.When Facebook bought Instagram, it helped grow it to another massive social network by integrating it with the larger platform and introducing new features like video.Bytedance defines itself as “a leading AI-powered content platform.”.  Source: mashable.com Share This:

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Eurozone forecast to grow at fastest rate in 10 years

“The Commission also raised its eurozone growth forecast for next year to 2.1 percent from 1.8 percent and said growth in 2019 is expected to be 1.9 percent” writes The Associated Press for seattletimes.com. LONDON (AP) — The eurozone economy will grow this year at its fastest rate in a decade following a run of upbeat news largely linked to a reduction in uncertainty following a series of elections, the European Union said Thursday.In its previous forecast in the spring, it had penciled in growth of 1.7 percent.In updated forecasts,…

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This chart shows why Amazon needs to grow its physical retail presence

“According to The New York Times, Amazon also may open stores that sell furniture and household products” writes Eugene Kim for cnbc.com. It’s no secret that Amazon is turning itself into a major physical retailer.For categories like groceries, household, and health and beauty, buying in a store was more than three times more popular than buying online.Why is the e-commerce giant so aggressively pushing into physical retail?.  Source: cnbc.com Share This:

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Have a taste for tangy greens? Now is the time to plant baby lettuces, arugula and mustards

“They call it mesclun in France, that mix of tender, tangy and oh-so-tasty baby greens that includes leaf lettuces, arugula, mustards and kale” writes Jeanette Marantos for latimes.com. For salads and sandwiches, pick leaves when they’re young; greens get more pungent and/or bitter as they mature.A final bonus point: Many greens are eye candy for your garden, Irvine said.Most greens grow easily from seed, but transplants give you a head start.In SoCal, most nurseries will hold off on stocking lettuces and other greens until late October/early November to avoid hot…

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TransferWise raises $280 million to grow its international money transfer service in APAC

“Founded out of London in 2010, TransferWise offers a peer-to-peer (P2P) international money transfer service that bypasses banks to keep costs down” writes Paul Sawers for venturebeat.com. International money transfer service TransferWise has raised  $280 million in a round of funding led by asset management firm Old Mutual Global Investors (OMGI) and Silicon Valley’s IVP, with participation from Sapphire Ventures, Mitsui & Co, World Innovation Lab, Richard Branson, Andreessen Horowitz, and Baillie Gifford.Before now, TransferWise had raised around $120 million funding, and with its latest cash injection it plans to develop new products…

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