A $640 Million Investment Lead by SoftBank in Klarna

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According to the latest reports, Klarna made an announcement in regards to a funding round. Klarna, a fintech firm based in Sweden made the announcement of a successful funding round. According to Klarna, it...
US FTC Files Antitrust Case against Facebook

Facebook Gives One of the Best Benefits to its Employees at All Levels

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There was a time when the majority of the companies and industries had their employees work from their facilities. Things were doing very well until the COVID hit the entire world and the lockdowns...

$5 Million was Reportedly Paid by Colonial Pipeline as Ransomware after the Cyberattack

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Although it has been almost a month since the cyberattack on the Colonial Pipeline Company took place. Still, more information keeps coming in regards to how the company managed to get off the hook...

India’s Central Bank Takes Stock of the Evolving Macroeconomics and Financial Conditions

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The reserve bank of India’s (RBI) monetary policy committee in its meeting this week decided to keep the interest rates unchanged. The RBI has also expressed hope that the monsoon being very positive will...

Tesla under pressure from Chinese Market – Recalls Several Hundred Model 3 Cars

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According to the latest reports, Tesla is reportedly recalling several hundred units of its Model 3 electric car that it had already delivered to China. The information has been shared by the market regulator...

Even during Shortage, Semiconductor Giants Make Tremendous Amount of Money

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It has been more than six months since the entire world is faced with the semiconductor shortage problem. Companies from around the world responsible for manufacturing electronics and other products involving semiconductors are faced...

A Major Policy Shift in China Announces Three-Child Policy in the Country

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According to the latest report, China has made a new announcement in regards to its policy for population control. China has reportedly made the announcement for its new population policy on Monday, May 31,...

Jeff Bezos Confirms his Official Departure from Amazon as Company’s CEO

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It was back in 1994 when Jeff Bezos founded Amazon. At the time of launch, Amazon was an online platform that users could visit to purchase books. Soon, it became one of the top...

Seafood Imports from China Blocked by the United States

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According to the latest reports, the government of the United States has blocked imports of seafood from China. The reports suggest that the government of the US has issued the statement on Friday, May...

Equities and Dollar Gain on Increasing U.S. Inflation

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On Friday, the US dollar gained against major currencies and global equities rose, as new data increased concerns about rising inflation and heated economic activity due to pent-up demand. According to a report from...
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