Business
Facebook Announces 10,000 EU Jobs to Build ‘Metaverse’
Facebook plans to hire 10,000 people in the European Union to build the "metaverse", a virtual reality version of the...
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Elon Musk Says Tesla’s Robot Will Make Physical Work a ‘Choice’
Tesla's new robot will be able to perform basic repetitive tasks with the aim of eliminating the need for people...
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China Telecom Eyes $8.4 Bn Shanghai IPO, World’s Biggest in 2021
China Telecom could raise more than $8 billion in a Shanghai initial public offering that would be the biggest this...
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Most Asian Markets Rise After Healthy US Jobs Report
Asian markets mostly rose following another Wall Street record sparked by a blockbuster US jobs report that reaffirmed the country's...
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El Salvador to Become First Country to Make Bitcoin Legal Tender
El Salvador may become the first country to make bitcoin legal tender, President Nayid Bukele announced, saying he would soon...
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Eurozone Inflation Hits Near Three-Year High in May
Inflation in the eurozone jumped to its highest level since October 2018 as Covid restrictions across Europe were scaled back,...
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Saudi Ups Pressure on Anti-Vaxxers as It Eyes Economic Recovery
Saudi Arabia is tightening the screws on vaccine skeptics, barring them from pilgrimages and overseas travel and blocking access to...
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EU Raises Eurozone Growth Forecast as Vaccinations Ramp Up
The EU sharply revised its growth forecasts for this year and next, saying an accelerated vaccination drive and the bloc's...
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Deutsche Bank Ducks Archegos Hit, Posts Best Profits Since 2014
Germany's largest lender Deutsche Bank reported its best quarterly profits for seven years, after it avoided being dragged into the...
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Asian Markets Track US Losses, Biden Spending Plan in Focus
Asian markets slipped Wednesday following a soft lead from Wall Street, while focus turned to the United States where President...
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Biden Unveils $1.9 Tn Economic Plan as US Recovery Buckles
President-elect Joe Biden will propose injecting $1.9 trillion into the US economy when he takes office next week, as evidence...
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Jeff Bezos Announces First Recipients of His $10 Billion Climate Fund
Amazon founder and billionaire Jeff Bezos announced the first recipients of his scrutinized $10 billion Bezos Earth Fund grant to...
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Foreign Firms Unprepared for China’s ‘Life-or-Death’ Rating System: Chamber
Under this new system for ranking businesses, both foreign and domestic companies will be required to install surveillance cameras in...
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Governments Must Regulate Social Networks: Facebook Executive
"It's not for private companies, however big or small, to come up with those rules. It is for democratic politicians...
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Facebook Plans Cryptocurrency Launch Next Year: BBC
Facebook's currency would be "stablecoin," a digital unit pegged to the dollar in contrast to more anarchic means of virtual...
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Google vs Huawei to Hit Millions of Smartphone Users
Hundreds of millions of smartphone users will be affected by Google's decision to sever its Android operating system ties with...
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Ford to Cut 7,000 Jobs, 10% of Global Salaried Staff
Ford plans to cut 7,000 jobs, or 10 percent of its global salaried workforce, as part of a reorganization as...
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Ex-Goldman Banker Extradited to US Over Multi-Billion-Dollar Scandal
A former Goldman Sachs banker has been extradited from Malaysia to the United States to face charges linked to the...
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New UK Rules Over Rape Victims’ Digital Data Spark Criticism
Police are asking rape and sexual assault victims for access to their digital devices under new guidelines that prompted criticism...
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IMF Urges Coordinated Effort Toward the UN Sustainable Development Goals
Managing Director of the IMF Christine Lagarde presented the 2019 report outlining recommended policies for the global economic development.
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Opinion
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