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Rush for golden visas after Portugal's decision to end much-criticised scheme

By Catarina Demony LISBON (Reuters) - Portugal s plan to end its golden visa scheme for investors, yet to be officially approved, has led to a rush in applications according to advisory firms who have criticised the plan as populist. The scheme, aimed at non-EU nationals ready to invest in Portugal, has attracted 6.8 billion euros ($7.30 billion) since its launch in 2012, with the bulk of the money going into real estate. Successful applicants are then given residency rights. The golden visa has been heavily criticised at home for sending house prices up, and the European Commission has called for the end of such programmes. As part of a package to address the housing crisis as rents also soar, Portugal s premier Antonio Costa announced last month the intention to scrap the scheme. The measure is under public consultation until next Friday. Armand Arton, head of Arton Capital, which helps people get a second residency or citizenship via investment, said his firm had seen a 50% jump in ....

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Airlines' U.S. operations return to normal as FAA investigates outage

By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -U.S. airline operations returned to normal on Thursday even as the Federal Aviation Administration (FAA) investigates the cause of a computer outage that grounded flights nationally and seeks to prevent it from happening again. More than 11,300 flights were delayed or canceled on Wednesday in the first national grounding of domestic traffic in about two decades. As of noon EST on Thursday, 1,400 U.S. flights were delayed and 117 were canceled, according to FlightAware, a typical aviation day given current weather issues. Delta Air Lines, United Airlines, American Airlines Group Inc and Southwest Airlines Co all reported normal operations on Thursday. Shares of American Airlines soared 9% in early afternoon trade after it forecast a higher fourth-quarter profit. Shares of United, Southwest, and Delta rose between 2% and 5%. The FAA computer failure prevented airports from filing updated safety notices that warn pil ....

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Bittrex Global not connected to US settlement

Cryptocurrency exchange Bittrex Global, billed as the most secure digital asset exchange in the world, has taken steps to distance itself from an American company that has run afoul of US law.
The com. ....

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Bittrex Global not related to company being sanctioned in US

Cryptocurrency exchange Bittrex Global, billed as the most secure digital asset exchange in the world, has taken steps to distance itself from an American company with a similar name that has run afou. ....

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Watchdog extends protective measures at Sberbank Switzerland

FINMA has extended previously imposed protective measures at the Zurich-based subsidiary of Russian bank Sberbank. ....

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