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5 takeaways from BuzzFeed’s SPAC deck

Digital media outfit BuzzFeed announced today that it will go public via a SPAC, or blank check company. BuzzFeed also disclosed that it will purchase Complex, another media company, for $300 million

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India’s Swiggy nears $5 billion valuation in new $800 million fundraise

Swiggy has raised about $800 million in a new financing round, the Indian food delivery startup told employees on Monday, as it looks to expand its business in the country quarters after the startup c

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Xi Jinping says ready to take China-Bangladesh ties to new heights

Chinese President Xi Jinping said he stands ready to better align China-Bangladesh strategies and jointly promote the construction of the Belt and Road, to take the Chi

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2020: Louvre visitor numbers drop by 70% due to COVID-19 restrictions

00:53 The Louvre Museum, the world's biggest art museum, suffered a plunge of 72 percent in visitor numbers last year as a series of COVID-19 restrictions kept art lovers away, it said

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Carrie Lam expects Hong Kong residents to cherish Basic Law, "one country, two systems"

The Basic Law of the Hong Kong Special Administrative Region (HKSAR) has provided Hong Kong residents with a better life and every resident should cherish the Basic La

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Australia's Victoria reports biggest daily jump; Stay-at-home extended

A medical personnel administers tests for the coronavirus disease (COVID-19) at the Bondi Beach drive-through testing center in Sydney, Australia, April 7, 2020. /Reuters Australia's second mo

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Commentary: China-Africa solidarity in action amid COVID-19 fight

For decades, the China-Africa friendship has weathered vicissitudes at every critical juncture. As the two partners jointly tackle the ravaging coronavirus pandemic, their ties -- featuring sincerit

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Update: U.S. Fed keeps interest rates near zero amid COVID-19 fallout

Photo taken on March 23, 2020 shows a U.S. dollar banknote in Washington D.C., the United States. (Xinhua/Liu Jie)"The ongoing public health crisis will weigh heavily on economic activity, employment,

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Portrait: Neither fire nor COVID-19 could wipe out the charm of Notre-Dame

The fire left it with wounds. The #COVID19 epidemic left it lonely. But neither of them could wipe out the charm of Notre-Dame de Paris. We wait for the time-weathered beauty to fully restore its gla

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US slashes federal interest rates in response to the coronavirus pandemic

The Trump administration has slashed federal interest rates as part of an effort to stabilize the economy following a rocky week on the financial markets.The U.S. Federal Reserve cut interest rates to