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Cryptocurrencies see outflows in final week of 2021

London, The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, even as it capped a year of strong inflows into digital asset investment products, data from digital currency manager CoinShares showed.Outflows …

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Covid-19: US private hiring surged to 807,000 in December – ADP

WASHINGTON, Hiring in the United States surged in December, with private companies adding 807,000 workers, particularly in the service sector, payroll services firm ADP reported. It was a big upswing from the 505,000 gain in November and nearly double …

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Markets Open 2022 With Records, Apple Briefly Hits $3 Trillion in Value

NEW YORK — Global stocks began 2022 in bullish fashion, with major bourses notching records and Apple’s valuation briefly hitting $3 trillion as investors monitor the COVID-19 pandemic and looming central bank rate decisions.The CAC 40 index in Paris k…

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Tesla Delivered Nearly a Million Cars Worldwide in 2021

WASHINGTON — U.S. premium electric vehicle maker Tesla said on Sunday it delivered nearly 1 million vehicles in 2021, almost twice as many as 2020, doing better than expected despite global supply challenges.Tesla delivered more than 936,000 cars of al…

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US home prices surge 18.4% in October

Washington, U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.The S&P CoreLogic Case-Shiller 20-city home price index, out Tuesday, climbed 18.4% in October from a year ear…

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The Euro: How It Started 20 Years Ago

PARIS — As Europe rang in the New Year 20 years ago, 12 of its nations said goodbye to their deutschmarks, French francs, liras and pesetas as they welcomed the euro single currency.On January 1, 2002, euro notes and coins became a reality for some 300…

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Biden Signs $768.2 Billion Defense Spending Bill into Law

WASHINGTON — President Joe Biden signed the National Defense Authorization Act into law Monday, authorizing $768.2 billion in military spending, including a 2.7% pay raise for service members, for 2022.The NDAA authorizes a 5% increase in military spen…

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PM Hasina for furthering Bangladesh-Maldives ties to enhance trade, investment

MALE (Maldives), Bangladesh Prime Minister Sheikh Hasina said the bilateral relationship between Bangladesh and Maldives must grow further to enhance trade, investment and connectivity. “Our bilateral relations must grow further to enhance trade, inves…

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Apple Must Answer Shareholder Questions on Forced Labor, SEC Says

The U.S. Securities and Exchange Commission has declined an effort by Apple Inc. to skip a shareholder proposal asking the iPhone maker to provide greater transparency in its efforts to keep forced labor out of its supply chain.A group of shareholders …

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Ghana MPs Exchange Blows Over Proposed Electronic Payment Tax

ACCRA, GHANA — Lawmakers in Ghana exchanged blows late Monday evening over a proposed electronic payment tax.The government says the new tax would boost revenue for development, but parliament has been split over the idea and fights broke out when supp…