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Zoom launches $100M fund
Mon, 19 Apr 2021 19:00:08 GMT
 
Zoom Video Communications created a $100M fund to invest in software companies that create applications using its technology. >>
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Mastercard to purchase Ekata
Mon, 19 Apr 2021 18:00:06 GMT
 
Mastercard plans to purchase digital identity verification firm Ekata for $850M, a report published by the global payments processor shows. >>
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GameStop loses CEO
Mon, 19 Apr 2021 16:56:16 GMT
 
George Sherman will resign from the chief executive officer position at GameStop, giving major shareholder Ryan Cohen more power, as the company shifts to e-commerce. >>
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Nokia to cut 10,000 jobs
Mon, 19 Apr 2021 15:33:02 GMT
 
Nokia plans to cut 10,000 employees within the next two years to decrease costs and spend more on research, the Finnish telecoms group reports. >>
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France struggles with vaccination
Mon, 19 Apr 2021 14:00:08 GMT
 
A report published by Reuters on Monday revealed that French authorities struggle to distribute AstraZeneca coronavirus vaccines. >>
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Citigroup increases investment in China
Mon, 19 Apr 2021 13:00:08 GMT
 
On Monday, Reuters revealed that Citigroup would expand its business in China by increasing investment banking activities. >>
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European stocks reach high level
Mon, 19 Apr 2021 12:00:09 GMT
 
During Monday's European trading hours, European stock indices surged and reached new high levels. >>
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Shopping surges in UK
Mon, 19 Apr 2021 10:57:10 GMT
 
On Monday, it was revealed that the number of shoppers in the United Kingdom had jumped by 87.8% during the previous week. >>
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ESR, GIC to acquire Blackstone-owned portfolio
Mon, 19 Apr 2021 09:00:10 GMT
 
ESR Cayman Limited, the logistics real estate firm, is set to cooperate with Singapore's GIC to acquire the Blackstone-owned Australian logistics property portfolio for A$3.8B ($2.9B). >>
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Renesas to restore lost output capacity at plant
Mon, 19 Apr 2021 07:42:03 GMT
 
On Monday, the automotive semiconductor major supplier Renesas Electronics announced its plans for restoring full output capacity at the company's fire damaged factory by the end of May after resuming >>
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Goldman invests $69M in Starling Bank
Mon, 19 Apr 2021 07:36:04 GMT
 
Goldman Sachs has made an investment worth $69M in Britain's Starling Bank, the UK lender stated on Monday. >>
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Clubhouse app valued at $4.0B
Mon, 19 Apr 2021 06:30:53 GMT
 
Clubhouse, the audio-based social network, has closed the Series C funding round, which reportedly values the app at around $4.0B, according to Reuters. >>
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EU inflation rises
Mon, 19 Apr 2021 05:00:08 GMT
 
Inflation in the European Union increased to 1.7% in March from 1.3% in February, a report published by the European Statistical Office shows. >>
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Asian economy to grow 6.5%
Mon, 19 Apr 2021 04:00:08 GMT
 
The Asian economy is expected to expand 6.5% in 2021 after the 1.7% contraction the prior year, data published by the International Monetary Fund show. >>
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Morgan Stanley reports $911M Archegos loss
Mon, 19 Apr 2021 03:00:07 GMT
 
Morgan Stanley lost around $1B from the liquidation of Archegos Capital Management, a report published by the multinational investment bank shows. >>
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