Chinese Airbnb rival Xiaozhu.com raises $300M

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Source: Dukascopy Bank SA
On Wednesday, Chinese short-term rental platform Xiaozhu.com has raised nearly $300M in the latest funding round led by Yunfeng Capital, an investment company of Alibaba's founder Jack Ma.
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Wed, 10 Oct 2018 07:34:41 GMT

Npower, SSE get regulatory approval to merge their retail units

On Wednesday, Innogy SE's Npower and the British energy supplier SSE have won a regulatory approval to tie up their retail units, seeking to create Britain's second-biggest retail power provider.

Wed, 10 Oct 2018 05:34:40 GMT

IMF says trade tensions lead to financial stability risks

On Wednesday, the International Monetary Fund claimed that trade tensions have resulted in a growth of financial stability risks and could increase even more sharply if pressure on emerging markets escalates.

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