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BlackRock now operating China mutual fund biz
Fri, 11 Jun 2021 14:00:07 GMT
 
On Friday, BlackRock became the first asset manager in the world licensed to launch a wholly-owned Chinese mutual fund business, as China's government opened up its mutual fund industry worth >>
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Signa Sports agrees listing via SPAC deal
Fri, 11 Jun 2021 13:00:06 GMT
 
Signa Sports United, the sporting goods retailer, agreed to the NYSE listing via a SPAC merger, in a deal that values the company at $3.2B, according to Reuters. >>
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Deutsche Bank urged to name new chairman
Fri, 11 Jun 2021 12:00:07 GMT
 
The European Central Bank called on Deutsche Bank on Friday to urgently find a successor to its chairman Paul Achleitner before his term ends, Reuters reported. >>
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UK posts robust recovery in April
Fri, 11 Jun 2021 11:00:12 GMT
 
UK's recovery from the coronavirus crisis accelerated in April on easing lockdown measures, marking the fastest monthly growth since the mid-summer leaving production 27.6% higher compared to the previous year. >>
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China app stores delete virtual keyboard apps
Fri, 11 Jun 2021 09:50:52 GMT
 
Several virtual keyboard apps developed by such companies as Sogou and Iflytek were removed from the Chinese app stores due to rising scrutiny of data protection and the technology sector. >>
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Huawei seeks to develop driverless car tech by 2025
Fri, 11 Jun 2021 09:00:32 GMT
 
China's Huawei Technologies is planning to develop self-driving passenger vehicle technology by 2025, as the world's telecommunications equipment leader seeks to diversify its business amid US sanctions. >>
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AWS to launch data centres in Israel
Fri, 11 Jun 2021 08:16:04 GMT
 
On Friday, Amazon Web Services stated it would open data centres in Israel, weeks after the country had inked a deal with Google and AWS for an over $1.0B project >>
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Apple hires ex-BMW exec
Fri, 11 Jun 2021 07:00:09 GMT
 
Apple hired the ex-senior BMW electric car unit executive, Ulrich Kranz, to assist the tech giant's EV initiatives, according to Bloomberg News. >>
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China's Didi unveils IPO plans
Fri, 11 Jun 2021 06:00:06 GMT
 
Didi Chuxing, China's ride-hailing company, disclosed its plans for a stock market listing in the United States, an IPO that is expected to become one of the largest in the >>
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Microsoft seeks improvements for Xbox
Fri, 11 Jun 2021 05:00:08 GMT
 
Microsoft is cooperating with worldwide TV manufacturers to allow its Xbox users play games via internet-connected smart TVs using only a controller. >>
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ByteDance rolls out Volcano Engine
Fri, 11 Jun 2021 04:00:31 GMT
 
ByteDance rolled out its new brand "Volcano Engine", offering the proprietary algorithm that is used to power personalised recommendations in TikTok to corporate clients, seeking to expand the company beyond >>
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Ledger finalises new fundraising
Fri, 11 Jun 2021 03:00:09 GMT
 
Ledger, the French technology and digital firm, has completed its new $380M round of funding, valuing the company over $1.5 billion. >>
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Italy to spend €1.0B on gigafactory
Thu, 10 Jun 2021 21:00:07 GMT
 
Italy is planning to invest over €1.0B ($1.22B) into the building of the electric vehicle gigafactory in cooperation with the carmaker Stellantis, which will play the leading role, the country >>
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Verizon launches commercial private 5G
Thu, 10 Jun 2021 20:00:07 GMT
 
On Thursday, Verizon Business has rolled out its first commercial private 5G in the United States to supply government departments and businesses with high-speed outdoor and indoor connectivity. >>
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Twitter names new board member
Thu, 10 Jun 2021 19:00:07 GMT
 
Twitter appointed Mimi Alemayehou, the development finance executive, to the company's board of directors to succeed Elliott Management's partner Jesse Cohn, according to Reuters. >>
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