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Facebook has secured some mega-powerful backing in over a dozen companies, setting the sometimes beleaguered social media giant up for next week's unveiling of Libra, its cryptocurrency. Backed by the likes of Visa, Mastercard, PayPal, Stripe, and Uber, each investing around $10 million each, Libra will be at the top of the heap of digital currencies. more

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Huawei is China's largest phone manufacturer. They have been swallowing up market share both in Europe and the United States, not to mention in their home market of China. President Trump has now declared a national emergency in the US, blocking information technology companies that are deemed national security risks. Although the order targets multiple companies, it is clear it targets one company in particular – Huawei. more

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Amazon is just about to close a deal that will see them taking part in $575 million in fundraising for the British-based Deliveroo. Deliveroo is a technology company that focuses on marketing, selling and delivering restaurant meals to the household or office. This is a much needed boost for Deliveroo in their fight against international rival, Uber Eats. more


China has made many deals with countries, over-burdening them with debt through infrastructurel development. At the beginning of May 2019, the Asian country signed a memorandum with Switzerland for cooperation on trade, investment and finance for projects in third world countries. These projects are right along China's Belt and Road Initiative. more

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Shakespeare was known for satirizing the human condition. He could drive home these conditions tragically. Le Monde in France has already called it a Shakespearean in scope, so, what would Will say about Brexit? Whilst Brexit headlines pile up all over Europe (and the world), the European Union gave the British government a three-week break to get British MPs' approval for the Brexit Withdrawal Agreement. Most news outlets in Europe are not confident that this will happen. more

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Fintech's N26 Bank is losing its chief of finance and risk. Matthias Oetken, formerly the market risk manager of HSH Nordbank, has decided to leave N26 – the Berlin-based Fintech Bank – to dedicate himself to a new professional challenge. He will be staying at N26 until a replacement is found for his critical management position at the online bank. more