Economy News

Myanmar lost 1.6 million jobs in 2021 amid COVID, coup: ILO

International Labour Organization says Southeast Asian country’s labour market remains fragile after tumultuous year. Myanmar lost about 1.6 million jobs in 2021 amid the combined shocks of the COVID-19 pandemic.

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Cryptocurrency News

Crypto Tax Firm CoinTracker Valued At $1.3 Billion After $100 Million Fundraise

CoinTracker, which tracks consumers’ cryptocurrency taxes and portfolios, said on Thursday it has raised $100 million in funding from a slew of institutional investors and high-net-worth individuals. New York: CoinTracker, which.

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Economy News

Locking down homes, Hong Kong takes COVID lesson from Beijing

Residents in the city prevented from leaving apartments as authorities race to halt spread of Omicron. By Rachel Cheung Hong Kong, China – Collecting sewage samples, mandatory mass-testing and sealing off residential.

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Economy News

US workers see strongest compensation gains in two decades

The US employment cost index jumped 4 percent in the fourth quarter compared to a year earlier. By Reade Pickert /Bloomberg U.S. employment costs rose at a robust pace for a.

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Economy News

“Zero capitulation in equity positioning” despite selloff -BofA

LONDON (Reuters) – Investors are undeterred by the recent selloff on Wall Street and have continued to snap up stocks, BofA commented in its weekly flow show report which showed.

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Economy News Technology

South Korea puts CEOs on notice with contentious work safety law

Legislation holding management liable for accidents has been praised by unions and criticised by business groups. By Steven Borowiec Seoul, South Korea – In South Korea, “business as usual” is set to.

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News Sports

Karim Benzema Cash Seized By France In Sex Tape Case

French bailiffs have seized 230,000 euros ($260,000) from Real Madrid striker Karim Benzema over his conviction last year for complicity in a bid to blackmail former France team-mate Mathieu Valbuena.

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Economy News

Q4 GDP; Apple, Tesla Earnings; Dollar Surges – What’s Moving Markets

By Geoffrey Smith  Investing.com — Global markets steady after initially falling in response to the Federal Reserve’s press conference on Wednesday. U.S. fourth-quarter GDP and weekly jobless claims numbers are.

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News Stock Market

Southwest Airlines reports first quarterly profit in two years

CHICAGO (Reuters) – Southwest Airlines (NYSE:LUV) Co on Thursday reported its first quarterly profit, without U.S. government aid, in two years on the back of strong holiday travel demand. On.

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News Stock Market

McDonald’s revenue takes a hit from pandemic curbs in China, Australia

(Reuters) – McDonald’s Corp (NYSE:MCD) missed revenue expectations on Thursday, as dismal sales in its more than 4,500 restaurants in Australia and China due to pandemic-related curbs ate into gains.

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