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The best-funded generative AI startups in Europe have something in common: Big Tech experience

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French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris,...
Bussiness

European markets higher as Bank of England holds rates; Switzerland makes second rate cut

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Commuters crossing a junction near the Bank of England (BOE), left, in the City of London, UK, on Wednesday, May 8, 2024. Bank of...
Bussiness

Bank of England set to hold interest rates despite inflation hitting 2% target

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LONDON — The U.K. had some cause for celebration on Wednesday morning, as headline inflation hit the Bank of England's 2% target for the...
Bussiness

The UAE is set to be the No. 1 ‘wealth magnet’ in the world, new report shows

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The UAE expects to see a net inflow of 6,700 millionaires from around the world by the end of 2024, according to new research.Buena...
Bussiness

Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO

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Zilch CEO Phil Belamant.ZilchLONDON — British fintech firm Zilch said Wednesday it's raised $125 million in debt financing from German banking giant Deutsche Bank...
Bussiness

Millionaires are abandoning the UK in their droves, new research shows

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Zhangkun | Moment | Getty ImagesLONDON — A record number of millionaires is expected to leave the United Kingdom this year, according to new...
Infra

Building the future: Times Realty & Infrastructure Conclave 2024 – Times of India

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The Times Realty & Infrastructure Conclave 2024, presented by Aurum Analytica and powered by Advance India Projects Limited, Volvo Cars, and EINS Technik Pvt....
Fashion

Popular boutique Fivestory closing New York City store, seeks to expand in Palm Beach

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Karen Murray has big plans for Fivestory, a popular women's fashion boutique with locations in New York and Palm Beach.The longtime fashion industry executive,...
Infra

With trillions in government money at stake, infrastructure takes center stage in America’s Top States for Business

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Historic government programs including President Biden's CHIPS Act and the Inflation Reduction Act, and a national push to revitalize supply chains, has made infrastructure...
Bussiness

Revolut moves global HQ to heart of London’s financial district as it awaits UK bank license

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A mockup of what Revolut's new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on...
Jobs

FedEx to cut up to 2,000 back-office jobs in Europe

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FedEx is planning to cut between 1,700 and 2,000 back-office jobs in Europe, it said in a filing on Wednesday, as the parcel delivery...
Infra

Amazon’s AWS to launch new infrastructure region in Taiwan amid rapid Asia-Pacific expansion

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Rio de Janeiro , Brazil - 4 May 2023; Amazon Web Services branding, during day three of Web Summit Rio 2023 at Riocentro in...
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