Hot stories from the last couple of days:Fresh off the press: more turmoil in Brazil where a political scandal involving President Temer is roiling markets.
A testimony released on Friday by the country’s Supreme Court alleges that Temer took more than $4 million in bribes from Brazilian meatpacking giant JBS. The plea bargain document also mentions former President Lula, who allegedly has $50 million stashed away in offshore accounts.
WeChat spreads its tentacles
The uber popular Chinese messaging app has hired an additional army of 1,500 developers, mainly twentysomething males, to increase user engagement through new 'mini-programs.' These are practically regular apps like those available on IOS or Android, but less data-intensive. Read more here
Hackers’ favorite cryptocurrency
Bitcoin is well-entrenched as the payment method of choice of most cyber criminals, but some emerging virtual currencies are threatening to displace it. Read more here
It’s not bad, but it could be better
As the tenth anniversary of the global financial crisis approaches, and despite clear signs of recovery, progress remains halting. The debt crisis engulfing Greece is still very much a worry in Europe, and pay is rising slowly in the United States even with unemployment at its lowest in a decade. Read more here
Full tanks and tankers despite OPEC cuts
With U.S. shale oil production surging, the OPEC deal to cut production isn't panning out as expected. Read more here