Slowdown Hits as Hyundai Suspends Production at a Chinese Plant
The economic slowdown in China has been one of the biggest stories of the past few months as declining domestic demands hurt companies which export to the country and also…
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Nationwide and 10x Future Technologies to Build Disruptive Digital Platform
As a part of series B funding, 10x Future Technologies has secured $10 million funding from the UK based Nationwide Building Society. Founded by former Barclays boss Antony Jenkins, 10X…
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India’s Airtel Gets $525 Million Injection from Singtel as Competition Stiffens
The telecom sector in India has gone through a major upheaval over the past three years, and competition has intensified between some of the biggest players in the business. Much…
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Huawei Sues the US Government and Calls Ban Unconstitutional
The United States government has gone hard after Huawei over the past few months and banned the Chinese company from supplying telecom equipment for building networks in the country. However,…
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US Mobile Bank Chime Joins the Unicorn Star-Up Club with A $1.5 Billion Valuation
San Francisco based mobile banking start-up Chime raised an additional $200 million in Series D financing led by DST Global, valuing its business at $1.5 billion. The oversubscribed funding round…
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UK Trade Tariffs Could be cut if there is No Brexit Deal
The possibility of a chaotic ‘no deal’ Brexit is looming large for the United Kingdom as Prime Minister Theresa May struggles to get the deal through the Parliament. It seems…
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Russia’s Rosneft Establishes Trading Arm in Singapore as It Enters Asia
As everyone knows Asia is the place to be for oil companies and hence it is not a surprise that Russia’s state-owned oil giant Rosneft has now opened its trading…
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Britain’s ITV Forecasts Ad Sales Plummet Due to Brexit
Brexit has proven to be the biggest looming cloud over the well being of businesses in the United Kingdom, and in a new development, British television network ITV has reported…
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Digital Payments Industry will Mature Into a $100 Trillion Market: PayPal CEO
Dan Schulman, the honorable chief executive officer of PayPal, has spoken to national media addressing that the digital payments industry may become a 100 trillion dollar market as the technology…
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Bank of Korea Interest Rates Steady This Week, And Rest Of 2019
The Central Bank of South Korea is meeting this Thursday to discuss the rate changes, but it is widely expected that the base rates will remain unchanged. Also, analysts believe…
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