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Not many people feel they were called to be a banker, but that’s the way Ali Niknam tells it. The 38-year-old founder of a Dutch-based bank called bunq says: “A safe and secure society relies on a stable financial system. During the financial crisis, I knew people who couldn’t get a mortgage, or others who…
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It seems Ford has already sold out its Ford Mach-E version of electric cars. United State’s second-largest automaker, Ford, said yesterday that it had received full reservations for the March-E- first edition of the Mustang electric cars. In the 17th of last month, the company released the Mustang crossover and started receiving reservation orders. Ford…
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After recording strings of losses, Panasonic Corporation of Japan has announced that it has had more than enough with its semiconductor unit. It is now putting it up for sale to Nuvoton Technology Corporation of Taiwan. The deal is worth $250 million and it is a deft move taken by the Japanese electronics behemoth. It…
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Relatively small automobile producers in the U.S. market have increased their market share in the third quarter of 2019, the report shows. These companies include FCA, Subaru, Volkswagen, Daimler, Tesla, Hyundai-Kia and Honda. At the same time, General Motors (NYSE: GM), the largest American automobile manufacturer, has hit a market share of 17.03% YTD. The…
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American automaker General Motors (GM) said that it is cutting over 15% of its workforce in Thailand that would reduce 350 jobs at two plants it owns in the country. GM’s coordinator for Labor Relations Group for Eastern Thailand, Boonyeun Sookmai, informed Reuters that contractors and employees who were affected by the cuts were informed…
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American retail behemoth Walmart has found a new fancy. It is debuting a health service called Walmart Health in a Georgia clinic. Though the company already has clinics within retail locations in Georgia as well as South Carolina and Texas. A move into the mental health market Walmart has created a new website called Walmarthealth.com….
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Metal Pay, a peer-to-peer payment platform, just brought in a significant investment from Erik Finman, also known as the world’s youngest Bitcoin millionare. Essentially, the Metal Pay project looks to build an “all-in-one” platform for banking cryptocurrency. It will include but isn’t limited to a cryptocurrency exchange, a bank application, and payment transfer systems not…
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The Chinese online retail giant Alibaba is mulling over the timing of its public listing while political unrest in Hong Kong is growing. The company had planned a $15 billion listing in the city. The biggest offer this year Listed in New York, Alibaba Holdings also wanted to launch an offer in Hong Kong for…
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American automotive giants Ford are ready to introduce a minimum of four new or re-designed cars to the market next year, according to the most recent reports. Among the offerings, there will be an electric crossover (inspired on the all-time classic Mustang) and the Bronco SUV. Also included in the renovation project will be the…
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According to Business Insider, two US Senators have written to Jeff Bezos, Amazon CEO, asking him how the company decided which products get “Amazon’s Choice” recommendation. The letter could be seen as an effort to understand how big tech companies influence people and impacts competition in the industry. Understanding influence in the industry Senators Bob…
