Social media startup Linktree is looking to tap into the nascent social commerce market with its latest capital raising of $US45 million ($59 million) from strategic investors including billionaire Afterpay co-founder Nick Molnar. The Melbourne-based startup was co-founded by brothers Alex Zaccaria and Anthony Zaccaria and their friend Nick Humphreys in 2016. It enables users to link all their social […]
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FILE PHOTO: A woman prepares a dose of AstraZeneca vaccine against the coronavirus disease (COVID-19) in Huelva, Spain March 24, 2021. REUTERS/Marcelo del Pozo(Reuters) – Europe’s drugs regulator said on Thursday its safety panel will call a meeting of experts on March 29 to further study the reported cases of blood clots linked to the COVID-19 vaccine developed by AstraZeneca […]
Read more(Refiles to clarify customer segment in para 6) (Reuters) – Atlanta-based Greenwood, a digital banking startup designed for Black and Latino consumers and businesses, said on Thursday that it had raised $40 million from a host of U.S. financial institutions. They included Truist Financial Corp, JPMorgan Chase & Co, Bank of America Corp , Wells Fargo & Co and Citigroup […]
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New York (CNN Business)Some of the biggest names in finance are betting big on the success of Greenwood, the digital banking platform introduced last year by co-founders Ryan Glover and rapper/activist Michael “Killer Mike” Render. The burgeoning fintech startup — named for the early 20th century African-American business district in Tulsa, Oklahoma, that earned the nickname “Black Wall Street” — […]
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Ray Dalio said the government could ban bitcoin just like it once stamped down on gold. He said debates in India about banning bitcoin altogether were a sign of growing concerns. However, US regulators have given no indication a total ban is on the cards. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ray Dalio, […]
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WASHINGTON/HONG KONG (Reuters) – Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with U.S. auditing standards.FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, June […]
Read moreLONDON, March 25 (Reuters) – After years of dormant inflation, the spectre of accelerating price rises is rearing its head again across the developed world. Maybe. Debates are raging among economists on whether aggressive government spending unleashed since the COVID-19 pandemic will power economic growth, and therefore inflation. Market gauges of U.S. inflation are at multi-year highs, inflation bulls note. […]
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FRANKFURT (Reuters) – The European Central Bank sought on Thursday to allay misgivings in Germany about the launch of a digital euro, saying this form of electronic cash wouldn’t be used to penalise savers or upend banks.FILE PHOTO: A newly designed 2-Euro coin is pictured during a presentation at the Chancellery in Berlin, Germany February 10, 2017. REUTERS/Hannibal HanschkeThe ECB […]
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COX’S BAZAR, Bangladesh (Reuters) – Thousands of Rohingya refugees began rebuilding their makeshift homes on Thursday, after a fire ripped though a Bangladeshi refugee camp where they were living earlier this week, killing at least 11.Mohammed Harun, 27, a Rohingya teacher who lost his parents in a deadly fire in Bangladesh camps, sifts through the charred remains of his hut […]
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