• US stimulus checks could end up in stock markets, bitcoin

    WASHINGTON: President Joe Biden’s $1.9 trillion stimulus will start flooding into the US economy soon, and some analysts say much of that money could end up invested in stocks or even bitcoin. 

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  • Myanmar unrest driving up food, fuel prices: WFP

    ROME: The political unrest in Myanmar is driving up food and fuel prices, risking pushing the country’s most vulnerable people further into poverty, the UN’s World Food Program warned yesterday. 

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  • Deliveroo says London share sale will raise £1.0bn

    LONDON: Takeaway meals app Deliveroo said yesterday that its upcoming London stock market listing would raise £1.0 billion ($1.4 billion, 1.2 billion euros). The company has already picked London for its initial public offering (IPO) but has not yet indicated the amount of shares nor the total valuation of the listing.

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  • China industrial output, retail sales rebound

    BEIJING: China’s industrial output and retail sales surged in the first two months of the year, official data showed yesterday, underscoring the country’s recovery from the coronavirus pandemic. 

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  • Arms exports stop rising for first time since early 2000s: Report

    STOCKHOLM: The number of international arms transfers has leveled off in the last five years, but a more peaceful world is not necessarily the reason as some nations shun imports and have begun producing their own weapons, researchers said yesterday. 

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  • Bank employees begin two-day strike in India

    NEW DELHI: Nine bank unions in India yesterday started a nationwide two-day strike against the privatization of public sector banks and regressive banking reforms initiated by the federal government. As many as one million bank employees are expected to participate in the strike. 

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  • Australia says working on travel bubble with Singapore

    SYDNEY: Australia is “working with Singapore” to create a travel bubble between the two nations as early as July, officials said Sunday, in an effort to restart tourism and travel put on hold by COVID-19. 

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  • From ‘Minecraft’ to ‘Valheim’, Sweden conquers gaming world

    STOCKHOLM: Sweden has given the world music stars like ABBA and Robyn, but its biggest cultural export these days is video games, which now rival the country’s traditional shipments of iron ore and paper.

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  • US workers faced harrowing year on pandemic front lines

    WASHINGTON: One year ago, workers across the United States learned they’d been divided into two categories: those who would work from home, and those who would have to keep showing up to workplaces where they risked exposure to COVID-19. 

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