The Alchemy of value
An excerpt from Serious Money: walking plutocratic London by Caroline Knowles Quant seems apprehensive as he arrives at the trendy east London Shoreditch bar, Looking Glass, where I am waiting, …
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Africa Seeks Public-Private Investments to Help Combat Climate Change
Rabat- Africa faces an uncertain future with the impacts of climate change ahead. While the continent’s citizens are still unsure about the consequences of the climate crisis, the solution to …
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California files lawsuit against Amazon for blocking price competition
The US state of California filed a lawsuit on Wednesday against online shopping giant Amazon for allegedly violating antitrust laws by blocking price competition. Rob Bonta, the Californian attorney general, …
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India’s status as world’s fastest growing major economy to be short-lived
BENGALURU, Aug 29 (Reuters) – India likely recorded strong double-digit economic growth in the last quarter but economists polled by Reuters expected the pace to more than halve this quarter …
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Chinese tech giants hand over algorithms as Beijing tightens internet controls
Dozens of technology companies have submitted their proprietary algorithms to China’s internet regulator in recent weeks, including Alibaba, Tencent and Weibo, according to official documents. The move comes after the …
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Brussels prepares diplomatic offensive to stop the advance of China and Russia in Latin America
The European Union is alarmed at the advance of Russia and China, in the countries of Latin America, a region traditionally linked in political and economic terms to the West. …
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What 21 billion Facebook friendships say about the economic ladder in the US
Meta publicly released information on 21 billion Facebook friendships as part of a research project looking at economic inequality in the United States, the company announced today. Along with new insights …
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UK central bank raises interest rate, warns of recession
The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …
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Amazon buys into health care market for $3.9 billion cash
Seattle-based Amazon on Thursday announced its purchase of established primary health care provider One Medical. The deal reportedly cost Amazon $3.9 billion in cash ($18 per share / $76.8 premium). This would …
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Closing the gender gap for women could help economies out of crisis. Here’s how
The current recession, unlike past economic slumps that have tended to be worse for men, is disproportionately bad for women. It comes after a period where the COVID-19 pandemic and …
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