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Debenhams to close all stores with 12,000 jobs at risk as Boohoo buys brand

Via Yahoo Finance RFI Liberia’s banknote shortage undermines George Weah’s pro-poor presidency Liberia’s economy is stagnating under the impact of Covid-19. A contraction in growth and a banknote shortage have combined to undermine President George Weah’s “pro-poor” agenda as he marks his third year in office. “The government is frustrating us day-by-day,” says Victoria Kamara,...

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New ‘living pension’ standards needed to help low to middle earners, says report

Via Yahoo Finance Bloomberg Chinese Vaping Firm RLX More Than Doubles in Trading Debut (Bloomberg) — Chinese e-cigarette maker RLX Technology Inc. jumped 146% in its trading debut after raising $1.4 billion in a U.S. initial public offering.RLX Technology’s American depositary shares closed at $29.51 Friday, giving the company a market value of about $46...

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‘Technology war’ intensifying as gamers grapple with profit-making bots for PS5

Via Yahoo Finance Bloomberg GameStop Record Surge Amid Tug-of-War Gives Reddit Army Win (Bloomberg) — In the battle between short-seller Citron Research and an army of Reddit-charged day traders, GameStop Corp.’s seemingly endless rally to an all-time high has given the stock’s bulls a win, though not without controversy.GameStop’s 105% gain through Friday comes after...

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Consumers warned of bots hoarding PS5s and other must-have items

Via Yahoo Finance Bloomberg Intel Tumbles After New CEO Recommits to Chip Manufacturing (Bloomberg) — Intel Corp. shares tumbled after the incoming chief executive officer pledged to regain the company’s lead in chip manufacturing, countering growing calls from some investors to shed that part of its business.“I am confident that the majority of our 2023...

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Intel floats possibility of licensing deals but would TSMC and Samsung be interested?

Via Yahoo Finance Bloomberg Intel’s New CEO Commits to Manufacturing, Shares Fall (Bloomberg) — Intel Corp.’s incoming Chief Executive Officer Pat Gelsinger pledged to regain the company’s lead in chip manufacturing, countering growing calls from some investors to shed that part of its business.“I am confident that the majority of our 2023 products will be...

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Nissan to pause one UK production line on Friday due to COVID-19 supply disruption

Via Yahoo Finance Bloomberg Yellen Leaves Door Open to Tax Increase on Wealthy Americans (Bloomberg) — Treasury Secretary-designate Janet Yellen refrained from making specific pledges on boosting individual tax rates in responses to questions from U.S. senators, pledging only to work with lawmakers on the issue of whether households earning up to $400,000 a year...