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Bumble Inc, the dating and relationship app where women have to make the first move, temporarily closed its offices this week, giving its about 700 employees a “much needed break” to recover from Covid burnout.
LONDON: Forget Elon Musk tweets, regulatory missives and bitcoin’s energy consumption.
HONG KONG: HSBC Holdings Plc is planning to become the number one wealth manager in Asia in “roughly five years” as Europe’s largest bank shifts capital to tap clients in the increasingly affluent region, according to HSBC Pinnacle Venture chief executive officer Trista Sun.
WASHINGTON: Emerging-market currencies hit by a hawkish Federal Reserve (Fed) could soon regain their record run against the dollar on expectations that developing central banks may outpace their US counterpart in policy tightening.
LONDON: Iran could quickly export millions of barrels of oil it is holding in storage if it reaches a deal with the United States on its nuclear programme and has been moving oil into place to prepare for an eventual restart, four traders and industrial sources said.
WASHINGTON: Banks looking to expand into the wild world of crypto got a pointed reminder from regulators this month of the risks involved.
LONDON (Reuters) - The price gap between the world's two most actively traded oil contracts narrowed to its lowest in more than seven months, demonstrating that U.S. oil output is still in the COVID-19 doldrums with the market likely to remain undersupplied.
NEW YORK: European renewable-energy stocks, battered for much of this year, present a buying opportunity because their growth story remains intact. That pitch from Goldman Sachs is luring some investors – those not in a hurry, that is.
NEW YORK: The Federal Reserve's hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a hit in recent days after ripping higher for most of the year.
MEXICO CITY (Reuters) -Mexico's President Andres Manuel Lopez Obrador said on Friday he expects that by the third quarter the Mexican economy will reach pre-pandemic levels, after gross domestic product contracted by some 8.5% last year driven by pandemic-related fallout.