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Retailers Look to Score in World Cup

It reads like a retail riddle: How can a consumer earn nearly €2,000 by spending €949 on a new television?

The deal is part of a competition that was organized by the Media World chain in Italy last month, tied to a much larger competition: the World Cup. Shoppers who bet on an Italian victory in the soccer tournament could get a 200% discount on their purchase if their home team wins.

Gowex’s Lost Magic Quiets Cheers for CEO Lauded as an Innovator

When Jenaro García’s tech company Let’s Gowex SA won the top prize from Spain’s marketing association in May, the presenter hailed him as an innovator who was making wireless Internet ubiquitous, “a magician who converted Wi-Fi into water.”

Mr. García, outfitted in an Indiana Jones-style jacket, appeared before the appreciative crowd alongside Wi-Fi Man, a masked, caped superhero figure.

Catalonia Fines Airbnb, Threatens to Block Locals From Using Site

MADRID—Tapas, shopping, beaches, the famous Gaudi architecture: Catalonia, and in particular its capital Barcelona, has a lot to entice tourists with. But a chance to live like a local and rent a room through Airbnb may soon no longer be one of them.

Catalonia’s regional government said Tuesday that Airbnb is in “serious” breach of regional law and that it has ordered the company to pay €30,000 ($41,000) in fines within the month or begin adhering to Catalan law.

Spanish Tech Company Gowex’s Shares Fall For Second Day

Stock Drops After Report by Investment Firm Gotham City Research

The stock of Spanish tech company Gowex reeled for a second straight day Wednesday in the wake of a scathing report by a New York investment firm, while the selloff spread to other companies in Spain’s junior stock market.

Gowex’s stock plummeted 26% Wednesday following a 46% decline a day earlier, after investment firm Gotham City Research LLC issued a report on Tuesday alleging that 90% of Gowex’s reported revenues were nonexistent and saying the stock was worthless.

After Latest Blunder, Privacy Watchdog Chief Calls Uber ‘Out of Control’

At a private dinner Friday night, Emil Michael, Uber’s senior vice president of business, suggested that the company should hire a team of journalists and opposition researchers to counter bad press and even attack members of the media that criticize the company.

Michael, who previously worked for Klout, the website and mobile app that uses social media analytics to rank users according to online social influence, suggested spending “a million dollars” on this team, which would look into “your personal lives, your families.” Michael made the statements in front of a crowd of influential New Yorkers at Manhattan’s Waverly Inn last week.

Michael specifically mentioned that such a plan could be used to spread personal details about the life of Sarah Lacy, the editor-in-chief of PandoDaily, a Silicon Valley website whose coverage of Uber has been far from positive.

Starbucks #RaceTogether campaign mocked online

A Starbucks PR campaign to unite customers with conversations about race appears to have backfired, as the company’s big roll-out was widely mocked. “Black Coffees Matter”, “African-Americano” and “Stolen-from-the-Gold-Coast Blend” – these aren’t unfortunate slogans for Starbucks drinks but jokes about the coffee chain’s latest marketing campaign. The race-related puns are just one aspect of a trending hashtag begun after the company launched “Race Together”.

Chile’s Lithium Reserves: The Nationalization-Privatization Battle

Chile has embraced extractive industries as a tool for sustained economic growth, but this relationship does not come without controversy. At the beginning of this month, only one week after the government had announced the winner of its lithium contract, the concession had been scrapped and Sub-Secretary of Mining Pablo Wagner had resigned. Chile is the world’s biggest lithium producer, generating 30 percent of the world’s profits on the sale of raw lithium and sitting on an estimated 23 percent of global lithium reserves—second only to neighboring Bolivia.

Only men at your event? This blog will shame you

How often have you looked around at a meeting or in the office, lecture hall or event space and seen a room full of just men?

Now one website is pointing out this phenomenon by publishing photos of all-male panels, or “manels”. The site is a Tumblr blog, sarcastically called, Congrats! You Have an All-Male Panel.

It started in February and features 200 photos, submitted from people from about 10 countries. The simple but now-viral idea is a project of the Finnish feminist researcher and artist Saara Sarma, who specializes in internet parody images and memes.

Protecting Chile’s Miners

Everything was looking so good when bUSiness CHILE reported on the state of mining safety in Chile last year: mining accidents had halved and the number of mine inspectors doubled in the first half of 2011. Another year on, however, and improvements seem to have stagnated while a debate over how to better protect mining workers is holding back new legislation.

Facing Chile’s Agricultural Emergency

Chile’s Agriculture Ministry has declared more than one third of the country in agricultural emergency due to drought. With dry conditions and growing competition for water resources playing havoc with fruit production in the central-northern part of the country, Chile’s farmers are calling for proactive solutions to the problem of water scarcity.