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Chinese Tech Giant NetEase Launches $500 Million Hong Kong IPO For Its Music…
NetEase has launched the Hong Kong initial public offering (IPO) of its music business Cloud Village which…
Powell Tapped For Second Term As Fed Chair
Federal Reserve Chair Jerome Powell was nominated for a second four-year term by President Joe Biden on Monday,…
Forex Row Threatens Fuel Supply, Price Stability
The lingering row between private depot owners and the Federal Government over dollar payment of dues and levies is…
KKR Buyout Offer Sends Telecom Italia Shares Surging 27%
Telecom Italia shares jumped more than 27% on Monday morning after U.S. private equity giant KKR launched a 10.8…
Canada Approves Pfizer-BioNTech Jab For Kids From Age 5
Canada has approved the Pfizer-BioNTech coronavirus vaccine for children between the ages of five and 11.
It’s…
El Salvador President Plans ‘Bitcoin City’ Financed By Crypto Bonds
President Nayib Bukele said El Salvador plans to build the world’s first “Bitcoin City”, powered by a volcano and…
The Apple Car Is Coming And Tesla Had Better Watch Out
Apple Inc. venturing into cars might shake up the electric vehicles market in the same way the iPhone…
UK To Require Charge Points For Electric Vehicles In New Buildings
Charging points for electric vehicles will be required to be installed in new buildings in Britain from next year…
India Police Charge Amazon Execs In Alleged Marijuana Smuggling Case
Indian police said on Saturday they had charged senior executives of Amazon's local unit under narcotics laws in a…
Playtech Investor Gopher Pulls Out Of Potential Takeover Battle
Gopher Investments, the No.2 shareholder in Playtech, walked away from a potential three-way takeover battle for…
China Evergrande EV Unit To Raise $347 Mln From Share Sale To Fund Production
China Evergrande's electric vehicle division is raising about HK$2.7 billion ($347 million) from a share sale to…
China Fines Tech Giants For Failing To Report 43 Old Deals
China's market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing…
Apple To Let IPhone Users Repair Their Own Devices
Starting next year, Apple will sell to its customers using iPhone 12 and 13 “parts, tools, and manuals” to repair…
Microsoft Empowers Nigeria’s Financial Services Providers for Digital…
Microsoft, on Wednesday, hosted a virtual digital transformation roundtable for financial services industry (FSI),…
Meet This 23-Year-Old Footballer Who Is Richer Than Messi, Ronaldo
Lionel Messi and Cristiana Ronaldo are in a class of their own but 23-year-old Faiq Bolkiah has been rated above…
Insurers Run From Ransomware Cover As Losses Mount
Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove…
Turkish Lira Hits All-Time Low Before Country’s Central Bank Meeting
The Turkish lira on Thursday continued its slide ahead of the country’s central bank meeting.
The currency…
Ford Partners With GlobalFoundries To Increase Chip Supplies
Ford Motor plans to increase its short- and long-term supply of semiconductor chips through a new partnership with…
Bitcoin Needs To Drop 80% Before Marathon Loses Money On Mining
Bitcoin has a long way to drop before mining the digital token becomes unprofitable for North America’s largest…
Text-Checking Software Maker Grammarly Is Worth $13 Billion In Latest Funding…
Grammarly, a start-up whose software highlights issues as people write in its web app and other programs, said…
Alibaba Misses Expectations As Earnings Plunge 38% In The September Quarter
Alibaba on Thursday missed revenue and earnings expectations for the September quarter, as slowing economic growth…
Germany’s $9 Billion Digital Bank N26 To Withdraw From The U.S.
German digital bank N26 is shutting down its U.S. operations, less than two-and-a-half years after it launched in…
EU Lawmakers Agree On Rules To Target Big Tech- FT
European Union lawmakers have reached a deal on how to target big tech companies, as part of a move to limit…
China’s WeRide To Launch Robotaxis On GAC’s Ontime Ride-Hailing App
WeRide, a China-based autonomous driving startup, said on Thursday it plans to make its robotaxis available for…
Google Signs 5-Year Deal To Pay For News From AFP
Alphabet Inc's Google will begin paying Agence France-Presse for its news content as part of broad five-year…
U.S. FTC Says Court Should Allow Antitrust Lawsuit Against Facebook To Proceed
The U.S. Federal Trade Commission said on Wednesday that a federal court should allow an antitrust lawsuit it filed…
British Council Unveils Programme To Boost Entrepreneurship
The British Council has launched a new programme to foster and strengthen universities’ support for innovation and…
Dollar Soars On Upbeat U.S. Data But Asian Stocks Wobble
The dollar strengthened through key resistance levels on Wednesday, propelled by better-than-expected U.S. retail…
Qualcomm Hits Record High After It Tells Investors It Will Grow Without Apple
Qualcomm stock closed up 7.9% on Tuesday after it issued bullish forecasts at an investor’s conference in New…
Chinese Tech Giant NetEase Revives Hong Kong IPO Of Its Music Streaming Arm
China — Cloud Village — the music streaming arm of NetEase — is pushing ahead with an initial public offering…