Business News Review: Alibaba founder $25 billion richer

Whilst Alibaba’s founder Jack Ma accrued a further $25.1 billion in personal wealth this year, US President Obama looks to increase the minimum wage, with employees better off but companies squeezed. As 2015 approaches, which British shares are likely to be a good investment?

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New York State to Bitcoin developers: “Go for it!”

New York State’s Superintendent of Financial Services Benjamin Lawsky has publicly stated that Bitcoin technology developers are free to conduct their business without a license, whereas banks and dealers will require regulation. With technological development at the heart of Bitcoin’s future, New York’s acceptance as a mainstream activity could lead to rapid growth and investment

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