Putin Wants to `Break' With the Dollar But Dumps Euros Instead

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Putin Wants to `Break' With the Dollar But Dumps Euros Instead

Squeezed by ever-expanding U.S. sanctions, Vladimir Putin says he wants to dump the dollar. His central bank has been doing just the opposite. In comments to lawmakers on Tuesday after his inauguration for a record fourth term as president, Putin said a “break” from the U.S. currency is necessary to
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UPDATE 1-Dorsey-led Square's quarterly loss widens as expenses soar

(Adds details on Q1 earnings; background). May 2 (Reuters) – Square Inc reported a bigger quarterly loss on Wednesday as the payments processor's total expenses surged about 47 percent on higher spending on product development and marketing.
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Apple hands out $102 billion to shareholders

Apple, Inc. announced Tuesday that it would convert much of its overseas profits, held in a huge cash hoard for several years, into a $102 billion windfall for corporate executives and other shareholders.
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Mobile ad spend in India to rise by 75% in 2018, accounting for more than half of all digital spend

Mobile ad spend in India is set to rise by 75% in 2018, accounting for more than half of all digital spend, even though spend on television still holds top spot. This is according to a report by eMarketer, which also adds that India will see more than a quarter (337 million) of India's population use a
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Iowa Finance Authority launches 2 internal investigations in wake of director's firing

On Jensen's recommendation, the board also approved the hiring of the accounting firm Eide Bailly to examine the agency's finances for last fiscal year and the current fiscal year. Eide Bailly is the same accounting firm that produced audits for the IFA each of the past two years. The board's decision
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