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Russia's Yandex to launch e-grocery delivery in Paris then London
MOSCOW (Reuters) - Russian internet giant Yandex is set to launch its online grocery delivery in Paris in the second quarter of this year, the company said on Friday, after strong demand in Russia during the COVID-19 pandemic.
London finance job vacancies up 70% in Q1
LONDON: Job openings in London’s finance industry grew 70% in the three months through March compared to the previous quarter as the UK began to ease out of its third national lockdown.
TSMC sees chip shortage lasting into 2022, books solid profit
TAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Thursday it is doing all it can to increase productivity and alleviate a worldwide chip shortage, but that tight supplies will likely continue into next year.
Grab – A missed opportunity for Malaysia
PETALING JAYA: The news about South-East Asia’s first decacorn, Grab Holdings Inc, to be listed in the United States in a massive near-US$40bil (RM165.16bil) deal is a big loss for Malaysia.
EU set to ban surveillance, start fines under new AI rules
The European Union is poised to ban artificial intelligence systems used for mass surveillance or for ranking social behaviour, while companies developing AI could face fines as high as 4% of global revenue if they fail to comply with new rules governing the software applications.
Soaring China-US trade points to ‘political chill, economic heat’
Trade record predicted for 2021, ‘more confidence’ to solve disputes with US
Oil price rises on US vaccine rollout, Middle East tension
NEW YORK: Oil prices rose on Monday on optimism over the pace of coronavirus vaccinations in the United States and after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites.
Deloitte: Confidence among UK finance chiefs hits record high
LONDON: Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country’s coronavirus vaccinations and hopes for less Brexit disruption, according to a survey of chief finance officers (CFOs)
Powell says economy poised for stronger growth
NEW YORK: Federal Reserve chair Jerome Powell says the US economy is at an “inflection point” with stronger growth and hiring ahead thanks to rising vaccinations and powerful policy support, but Covid-19 remains a threat.
Flying private in greater numbers
TOKYO: Wealthy people in Japan are turning to private jets in greater numbers as they seek to eschew crowded airports amid the ongoing coronavirus pandemic.