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Carrie Lam: Hong Kong to support RMB internationalization, provide financing services

Hong Kong can support the internationalization of the renminbi (RMB) and provide diversified financing services for companies on the Chinese mainland, Chief Executive o

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Prices for used vehicles surge in recent months

02:52 If you’ve tried shopping for acarlately in the U.S. you know:pricesofusedvehicles are going up.In fact, according to thecar-research site Edmunds, the average value ofusedcars tra

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Hybrid events platform Brella raises $10M Series A led by Connected Capital

Hybrid event platform Brella has raised a $10 million Series A funding round led by Connected Capital. Normally used as an offline networking app, Brella pivoted from live events into a virtual event

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Tesla will accept bitcoins when miners use more clean energy: Musk

Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer media award in Berlin, Germany, December 1, 2020. /CFP Elon Musk, CEO of electric vehicle maker Tesla, tweeted on Sunday tha

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The fintech endgame: New supercompanies combine the best of software and financials

If money is the ultimate commodity, how can fintechs — which sell money, move money or sell insurance against monetary loss — build products that remain differentiated and create lasting v

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Health clouds are set to play a key role in healthcare innovation

The U.S. healthcare industry is amidst one of the biggest transformations any industry has seen since the dot-com boom of the late 1990s. This massive change is being stimulated by federal mandates, t

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Health clouds are set to play a key role in healthcare innovation

The U.S. healthcare industry is amidst one of the biggest transformations any industry has seen since the dot-com boom of the late 1990s. This massive change is being stimulated by federal mandates, t

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Indian giant Tata Digital to invest $75 million in fitness startup CureFit

Tata Digital, a subsidiary of Indian conglomerate Tata Sons, said on Monday it has signed a deal to invest up to $75 million in fitness startup CureFit. As part of the deal, CureFit co-founder and chi

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WHO expert rules out man-made origin of COVID-19

COVID-19 testing in Moscow, Russia, August 31, 2020. /CFP Concerns over artificial origins of COVID-19 do not have any value, Russian virologist and expert at the World Health Organization Dmi

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Backlash as skin-coloured stamps priced differently in Spain

Spain's postal service has been accused of racism after issuing a set of unequally priced skin-coloured stamps. /AP Spain's postal service has been accused of racism after issuing a set of une

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Egypt reduces compensation claim on Ever Given to 550 mln USD

An Egyptian court in April ordered the owners of Ever Given to pay 916 million U.S. dollars in compensation. /AFP Egypt offered to cut its compensation claim down to 550 million U.S. dollars a

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Embedded finance will help fill the life insurance coverage gap

An estimated 41 million Americans say they need life insurance but have yet to purchase coverage. Despite this awareness among consumers, the Life Insurance Marketing and Research Association estimate

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Tesla stops payment by Bitcoin because of the impact on the environment

Bitcoin mining uses huge amounts of energy, much of it derived from the burning of fossil fuel.

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Tesla stops payment by Bitcoin because of the impact on the environment

Bitcoin mining uses huge amounts of energy, much of it derived from the burning of fossil fuel.

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Silk Road photo exhibition opens in Shandong

On April 30, a photography exhibition featuring the ancient Silk Road kicked off in Liaocheng, China's eastern Shandong province. The exhibition focuses on the culture and precious scenery along t

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SpaceX accepts dogecoin as payment to launch lunar mission next year

SpaceX will launch the satellite "DOGE-1 Mission to the Moon" in the first quarter of next year, with Elon Musk's commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as paym

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China will continue to cut costs for companies to boost real economy

Shanghai. /VCG China will continue to reduce costs for companies to boost the real economy that has been recovering from COVID-19, the National Development and Reform Commission (NDRC) said on