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The US firm agreed to give back $14mn in profits from contracts it won with the country's economy ministry and central bank after an agreement with the US Department of Justice. https://on.ft.com/4fVDGTk
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Pavel Durov has been indicted on multiple charges as part of an investigation into Telegram's alleged failure to address criminality on the app, including enabling money laundering, drug trafficking and the distribution of child sexual abuse content, prosecutors said. https://on.ft.com/4dM8QeE
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Breaking news: Nvidia’s revenue has more than doubled in the past quarter, continuing the US chipmaker’s run of blockbuster growth and surpassing consensus estimates. https://on.ft.com/3T4lj4Q
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Warren Buffett's Berkshire Hathaway has become the eighth US company — and first group outside the technology sector — to reach a valuation of $1tn. https://on.ft.com/3Mv2bcp
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There is a tendency to stick with your tribe and vacation only where other wealthy people are. But there are other ways as well. https://on.ft.com/3z0lJCv
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The Telegram chief executive spent the past decade positioning his messaging app as a politically neutral safe space away from state interference. That calculation backfired when he was arrested upon landing at an airport in France. https://on.ft.com/4cEqZJX
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Staff told the FT that there was a culture of favouritism and opaque HR processes at the world's biggest multilateral lender. https://on.ft.com/4e0nAWH
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Months of frenzied buying have driven up prices and pushed yields below 2.2%, making a 'significant reversal' highly likely, people close to the country's central bank have warned. https://on.ft.com/3Z1KsRC
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