Author Archives
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New Proposal Suggests Imposing A Work From Home Tax For Employees After Pandemic
A new report has suggested that special taxes should be imposed on those employees who continue working from home after the pandemic is over and the amount should be used to help out the lower-paid workers. A proposal of imposing… Read More ›
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China Proposes New Draft Digital Rules Targeted At Chinese Internet Giants
A set of new rules aimed at clamping down on the market power of the country’s biggest internet companies has been proposed by China. According to analysts, the proposed regulations indicate the growing unease of the Chinese regulators with the… Read More ›
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Halt In Summer Recovery Likely To Result In Double-Dip Recession For UK Economy
Most recent economic data from the United Kingdom showed slowing growth for the dominant services sector last month which has made analysts predict a double-dip recession for the British economy this winter. A recovery over the summer stalled in October… Read More ›
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Analysis Firm Claims $1 Billion Worth Of Bitcoin Linked To Silk Road Black Market Is Moving
A London-based blockchain analysis firm Elliptic has claimed that almost $1 billion worth of bitcoin tha have possible links with the Silk Road online black market is on the move. In 2013, the United States authorities closed down Silk Road… Read More ›
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Straight Third Quarterly Loss Reported By Exxon In The Third Quarter
Measures much deeper cuts on spending in the near future were detailed by Exxon Mobil Corp as the company reported a loss for the third quarter – a straight third quarter of loss for the energy giant. The company is… Read More ›
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Global Oil Price Slump Induced By New Coronavirus Lockdowns
Fresh lockdown ion some countries – particularly in Europe, because of a new wave of novel coronavirus infections pushed global oil prices to a five-month low on Monday. With rising rate of infection of Covid-19, many countries including UK, France… Read More ›
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A Double-Dip Recession Could Hit Europe
Despite posting record growth for the third quarter, some analysts and economists feel that Europe still faces the spectre of recession. After the third quarter, there is a looming risk that the region would be pushed straight back into recession… Read More ›
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Airbnb To Collaborate With Former Apple Design Chief Jony Ive For Website And App Redesigning
The next generation of the home rental firm Airbnb’s products and services will now be designed by Sir Jony Ive who led designing at Apple Inc for the company’s IMac, iPhone, iPad and Apple Watch. With the struggling San Francisco… Read More ›
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Global Energy Jobs Being Axed Due To Pandemic And Industry Consolidation
Analysts and market experts are expecting the current trend of suppressed demand for oil and gas to get prolonged which will further increase problems for companies in this sector which have already been hit hard by the novel coronavirus pandemic…. Read More ›
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Twitter Shares Tumble 16% As It Warns Of Sale Impact During US Presidential Election
Fewer new users than what Wall Street analysts were expecting were added by social media company Twitter Inc for the third quarter, the company said on Thursday. It also added that it would also see an acceleration of costs in… Read More ›
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