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Walmart joins Microsoft bid for TikTok as CEO of social media app quits

Walmart Inc said it was joining Microsoft in a bid for social media company TikTok's U.S. assets, revealing its plans hours after the video...

Alibaba puts India investment plan on hold amid China tensions

China's Alibaba Group has put on hold plans to invest in Indian companies, two sources aware of the plans told Reuters, amid souring business relations...

Airbnb files for initial public offering

Home-sharing startup Airbnb on Wednesday said it has confidentially filed with US regulators for an initial public offering. The number of shares and price has...

Facebook creates unit devoted to financial services

Facebook on Monday said it has created a new unit devoted to financial services to harmonize payment systems on its platform. The new group, called...

Gold eases from new record, equities mixed as virus spreads

Gold briefly chalked up another record Tuesday before easing later in the day as the dollar clawed back earlier losses, while equity markets struggled...

India moves up a rank to become second-largest source of FDI for UK 

India invested in 120 projects and created 5,429 new jobs in the UK to become the second-largest source of foreign direct investment (FDI) after...

Export gloom sours Pakistan’s prized mango season

Dwindling harvests, drooping demand and export supply chains hit by the coronavirus are biting into Pakistan's mango industry, with producers of the prized fruit...

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