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India approves Reliance’s $3.4 billion deal with Future Group, brings a new headache to Amazon

The Indian watchdog said on Friday it has approved the $3.4 billion deal between the nation’s two largest retail giants, Future Group and Reliance Retail, posing a new headache for American e-commerce

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UK to ban petrol, diesel cars from 2030 to net zero emissions

Cars seen parked at roadside in London, UK. /VCG Britain will move up a ban on new petrol and diesel cars and vans to 2030 and is eyeing 250,000 new jobs as part of a green industrial revoluti

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Kyklo raises $8.5M to bring electrical distributors online

Kyklo, a startup that helps wholesale distributors of electrical and automation products launch e-commerce stores, is announcing that it has raised $8.5 million in seed funding.The industry may sound

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World's biggest fish market in Tokyo hit hard by COVID-19

Tuna auction in Toyosu market in Tokyo. /CGTN It's been two years since Tokyo's historic Tsukiji fish market closed its doors and made a costly $5 billion move to the city's outskirts. Now cal

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French economy operating down 12% under new lockdown: central bank

France's economic activity is 12 percent lower than normal this month after the country entered a coronavirus lockdown for the second time this year, the central bank said on Monday.The government

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B8ta remains bullish on IRL shopping with new acquisition

Coronavirus cases in the United States are reaching new peaks. E-commerce is continuing to boom. And B8ta, a San Francisco startup which is betting on the future of physical retailers, is doubling dow

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HBO Max hits 28.7M subscribers in Q3, but few are over-the-top

ATT painted a rosy picture of HBO Max adoption during the company’s earnings report on Thursday. Despite not being available on Roku, one of the top streaming platforms in the U.S., ATT said new

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ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round.Dhaka-headquartered ShopUp said on Tuesday it has raised $

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An end to the UN arms embargo on Iran

Editor's note: Freddie Reidy is a freelance writer based in London. He has studied history and history of art at the University of Kent, Canterbury, specializing in Russian history and internation

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U.S. imposes sanctions on 18 Iranian banks

FILE PHOTO: U.S. Treasury Secretary Steve Mnuchin. /Getty Images The United States on Thursday blacklisted 18 Iranian banks adding further strain to an economy already struggling with the burd

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Amazon sends legal notice to India’s Future Group over deal with Ambani’s Reliance Retail

Amazon has sent a legal notice to Future Retail, India’s second largest retail chain, for breaching the terms of its contract by selling a significant portion of the business to Ambani’s Reliance Ret

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Privacy data management innovations reduce risk, create new revenue channels

Privacy data mismanagement is a lurking liability within every commercial enterprise. The very definition of privacy data is evolving over time and has been broadened to include information concerning

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E-commerce platform Whitebox raises $18M

Whitebox, a startup that manages e-commerce logistics and fulfillment for a variety for brands, has raised $18 million in Series B funding.While discussing the new funding, CEO Marcus Startzel repeat

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Lightspeed announces the launch of its Southeast Asia operations

Lightspeed’s Southeast Asia team: Akshay Bhushan, Marsha Sugana, Pinn Lawjindakul and Bejul SomaiaLightspeed Venture Partners announced the launch of its Southeast Asia operations today. Based

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China becomes Germany's top export market in Q2

A China-Europe freight train bound for Duisburg, Germany, pulls out of the Wuhan terminal of China Railway Intermodal in Wuhan, central China's Hubei Province, March 28, 2020. /Xinhua China su

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China non-financial outbound direct investment down 2.1% in Jan.-July

China's non-financial outbound direct investment (ODI) dropped 2.1 percent year on year to 423.7 billion yuan (or 60.3 billion U.S. dollars) in the first seven months of this year, the commerce mi

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Movable Ink raises $30M as it expands its personalization technology beyond email marketing

Movable Ink, a company that helps businesses deliver more personalized and relevant email marketing, is announcing that it has raised $30 million in Series funding.The company will be 10 years old in