Author Archives
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While Projecting Brighter Outlook, ECB Keeps “Steady Hand” On Pandemic Stimulus
The growth and inflation projections for the European Union was raised by the European Central Bank but also promised to hold the steady flow of stimulus over the summer as it fears that a retreat from the strategy at this… Read More ›
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US Super-Rich Allegedly Pay Very Little Taxes, Claims Leaked Documents
A new website has published leaked data that shows claimed details of how little income tax is actually paid by billionaires of the United States. The tax returns of some of the richest people of the world, including Jeff Bezos,… Read More ›
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US Will Collaborate Closely With Its Allies To Ensure Supply Of Electric Vehicle Metals
Considering the environmental and other competing interests, it is imperative for the United States to work with its allies so that it is possible to secure the minerals that are critical for making electric vehicle batteries and process them within… Read More ›
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Alibaba Launches Slew Of Cloud Products, Including Livestream Shopping To Rival Amazon
With the Chinese e-commerce giant Alibaba planning to expand its reach and business across Asia, a range of new cloud computing products was launched by it recently. The company has been aggressively boosting its presence outside of China in the… Read More ›
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Nvidia Files Application With Chinese Regulators For Approval Of $40bn Arm Deal
Eight months ago the acquisition of United Kingdom based chip designer Arm by the United States based Nvidia worth a $40bn deal was announced while the US firm has now submitted an application to Chinese competition regulators for reviewing of… Read More ›
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Probe On Casinos Expanded By Australian Financial Crime Watchdog
Amid the casino industry in Australia struggling with the Covid-19 pandemic and heightened regulatory scrutiny, the anti-money-laundering agency of the country expanded a probe into due diligence at casinos which includes the three biggest operators of the industry and increasing… Read More ›
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Investment Ban In Dozens Of Chinese Defense And Tech Firms Expanded By Biden Administration
A ban on investing by entities of the United States in dozens of Chinese companies that allegedly have ties with defense or surveillance technology sectors was imposed by the United States president Joe Biden as he signed an executive order… Read More ›
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Higher Than Expected Rise In Euro Zone Producer Prices In April
There was a more than expected rise in the producer prices in the euro zone in the month of April driven by a sharp rise in the prices of energy products, showed data published by the European Union’s statistics office… Read More ›
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2020 Saw A 5% Drop In Carbon Emissions In Australia
There was growth in the generation of wind and solar energy in Australia in 2020 while the country’s carbon emissions dropped during the year by 2020, the government of the country said on Monday. According to analysts this was primarily… Read More ›
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Growth In China’s Factory Activity In May Allows Slightly Due To Surge In Raw Materials Costs
With the growth of costs for raw materials increasing at the fastest pace in more than two decades factory activity growth in China slowed down slightly in May. The high costs of raw materials affected the output of small and… Read More ›
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