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UK inflation rises amid Covid, Brexit

Inflation has been below the BoE's 2% target and the pandemic pushed it close to zero as the economy slumped… Read More

2 days ago

Megvii tries again for IPO on Shanghai’s Star exchange

Current major stakeholders in Megvii include Alibaba Group, Ant Group, Lenovo, Foxconn, and the Abu Dhabi Investment Authority Megvii has… Read More

1 week ago

Dollar, Treasury yields retreat from multi-month high

Ten-year Treasury yields fell to just above 1.10% after interest in a government auction The dollar held losses and Treasury… Read More

1 week ago

Baidu to set up smart EV company with car maker Geely

Baidu said the new company will count on Baidu's intelligent driving capabilities and Geely's car manufacturing expertise China's search engine… Read More

2 weeks ago

UK investigates Google plan to eliminate tracking cookies

The CMA said it was looking into Google's "Privacy Sandbox" project announced a year ago Britain's competition regulator on Friday… Read More

2 weeks ago

NIO shares at all-time high ahead of NIO Day

NIO delivered 43,728 vehicles in 2020, a 112% increase on 2019 NIO shares broke to all time highs in Friday’s… Read More

2 weeks ago

Top UK bosses paid 115 times more than average worker

According to research by the High Pay Centre, the chief executives of FTSE 100 companies are paid a median average… Read More

2 weeks ago

Teledyne to buy FLIR Systems in $8 billion deal

As part of the transaction, Teledyne has arranged a $4.5 billion, 364-day credit commitment to fund the transaction Electronic sensor… Read More

2 weeks ago

UK freight shipping costs quadrupled amid Brexit, Covid

Trade links between the U.K. and continental Europe reopened after France eased border restrictions The cost of moving freight from… Read More

2 weeks ago

Revolut’s app downloaded 5.8 million times in 2020

The download volume is reportedly more than double the number of total downloads of competing apps, according to data from… Read More

2 weeks ago

UK retail sales fall as lockdown closes non-essential stores

According to the ONS, this was the biggest decline in retail sales volumes since the first lockdown in April British… Read More

1 month ago

City Chic Collective to buy ecommerce assets of Evans

Evans is a big ecommerce player, generating approximately $41 million in sales in the 12 months to August 2020 ASX… Read More

1 month ago

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