News tagged with financial crisis

The bubble bursts on e-currency Bitcoin

Many saw it coming, but that didn't stop the Bitcoin bubble from bursting: after rising to dizzying heights, the digital currency suffered its first true crash this week.

Apr 13, 2013
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European carmakers to get serious at Geneva show

The Geneva Motor Show has long had a reputation as one of the glitziest stops on the global auto show circuit—the place to unveil luxury models and out-of-this-world fantasy concept cars. But this year ...

Mar 03, 2013
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Anonymous hacks Argentina data agency

Hacker group Anonymous blocked the official website of Argentina's National Institute of Statistics and Census amid an international stand-off over claims the country has lied about its economy.

Jan 17, 2013
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US holiday season online spending climbs

Industry tracker comScore on Thursday reported that US shoppers spent a total of $42.3 billion online during the year-end holiday season—a 14 percent jump from the same period in 2011.

Jan 03, 2013
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HSBC to pay $1.9B to settle money-laundering case

(AP)—HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering ...

Dec 11, 2012
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UBS banking data copied from worker's IT screen: report

A tax-dodging spat involving the Swiss bank UBS and Germany took a fresh twist after a Swiss daily reported on Tuesday that German authorities were using simple photos taken by a UBS worker of their computer ...

Dec 04, 2012
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