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China says tech giants violates user privacy
Fri, 21 May 2021 11:26:14 GMT
 
On Friday, the Chinese internet watchdog stated that tech giants including Baidu, ByteDance and Microsoft had collected their user data improperly. >>
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JD Logistics to lift $3.16B in HK IPO
Fri, 21 May 2021 10:37:20 GMT
 
JD Logistics is eager to price its stock at $5.20 (HK$40.36), marking its indicated range's lower end, to attract $3.16B in its initial public offering in Hong Kong. >>
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Morgan Stanley looks for new CEO
Fri, 21 May 2021 08:00:07 GMT
 
Morgan Stanley has announced changes in its leadership, as it started to look for a new successor for the current CEO James Gorman. >>
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Indonesia to crackdown on Gojek deal
Fri, 21 May 2021 07:20:55 GMT
 
Indonesian antitrust agency intends to scrutinise the Gojek-Tokopedia merger deal worth billions of dollars, seeking to avoid monopoly in the tech industry. >>
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UK Retail Sales move the GBP
Fri, 21 May 2021 06:48:58 GMT
 
On Friday, at 06:00 GMT the United Kingdom Retail Sales data was released. The country's retail sales had increased by 9.2% instead of the market forecast 4.5%. >>
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Developing countries battle inflation
Fri, 21 May 2021 05:47:01 GMT
 
On Friday, Reuters released a report on how various developing countries would battle inflation of oil, food and other goods. >>
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LSE, Reuters discuss content deal
Fri, 21 May 2021 05:00:06 GMT
 
London Stock Exchange Group and Thomson Reuters were in talks over their deal on news content distribution, following their dispute about the Reuters News website paywall. >>
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Apollo co-founder to resign as managing head
Fri, 21 May 2021 04:00:06 GMT
 
Josh Harris, the co-founder of Apollo Global Management, hands over his day-to-day role by stepping down as the private equity giant's managing director upon completion of its deal with Athene >>
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Google plans first physical store in US
Fri, 21 May 2021 03:00:08 GMT
 
Alphabet's Google announced its plans to open the first physical store based in New York City as soon as this summer, adding the store would be located in Chelsea and >>
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Daimler Truck and Shell close deal
Thu, 20 May 2021 20:00:07 GMT
 
Shell New Energies and Daimler Truck announced on Thursday that they had closed a deal that would have Shell set up hydrogen stations for Daimler Truck. >>
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Morgan Stanley changes leadership
Thu, 20 May 2021 19:00:07 GMT
 
On Thursday, the CEO of Morgan Stanley James Gorman changed the leadership of the bank in an effort to look for his future replacement. >>
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JPM launches new US healthcare unit
Thu, 20 May 2021 18:27:44 GMT
 
JPMorgan Chase has launched a new healthcare-focused unit for its employees, a couple of months after that bank's similar venture with Berkshire Hathaway and Amazon.com was disbanded. >>
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Kohl's raises forecast
Thu, 20 May 2021 18:00:08 GMT
 
The US department store operator Kohl's stated on Thursday that the company would raise its 2021 earnings forecast due to an expected shopping boom. >>
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Tencent profits rise
Thu, 20 May 2021 17:00:07 GMT
 
On Thursday, Tencent announced that the company's first quarter profits increased by 65% due to a surge in online gaming revenues. >>
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US weekly jobless claims decline
Thu, 20 May 2021 16:00:06 GMT
 
Data released on Thursday revealed that US weekly jobless claims had continued to decline during the prior week, as less than 500,000 claims were filed. >>
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