Founder And CEO Of F...ย โขย 8m
World Street Update | Visa to Cut 1,400 Jobs; EU Raises Tariffs on Chinese EVs; Alphabet Posts Strong Q3 Sales, and More Visa is planning to lay off around 1,400 employees, primarily in tech and global partnerships, as part of efforts to streamline its international operations, according to a report by the Wall Street Journal. Of these cuts, approximately 1,000 are expected in technology roles, while the remainder will impact Visaโs merchant sales and global digital partnership divisions. Some layoffs have already started, with the remaining roles expected to be phased out by the yearโs end. In other major global news, the EU has raised tariffs on Chinese electric vehicles (EVs) to as much as 45.3%, a move that has heightened tensions with Beijing. ByteDanceโs Zhang Yiming has now topped Chinaโs rich list with a net worth of $49.3 billion, overtaking bottled water tycoon Zhong Shanshan, click here to know more
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The Trade War Continues. The Economist reports that the EU has devised a new restriction for China. The EU has imposed tariffs on Chinese cars, and in response, China is imposing tariffs on pork. In reaction to China's response, the EU is considerin
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Trump Imposes Heavy Tariffs, China and EU Retaliate Former U.S. President Donald Trump has introduced a 104% tariff on Chinese imports and new duties on electronics, leading to retaliation from China and the European Union. Global markets responded
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Tariffs are dropping fast, faster than Wall Street expected. Inflation? Never coming. Markets knew: a businessman is behind the deal. Nasdaq +7%, S&P 500 +5%. Eyes back on the companies we covered last. Thatโs not just smart investing, thatโs better
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TikTok Fined โฌ600 Million for Data Breaches: What It Means for EU Users and Global Tech. European Regulators Crack Down on TikTok Over Data Transfers to China and GDPR Transparency Failures https://bdigit24.com/tiktok-fined-600-million-euros-for-ill
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Soโฆ tariffs are back Theyโre called reverse tariffs (or more technically, reciprocal tariffs) and theyโre turning the trade tables in a pretty dramatic way. Economists are raising eyebrows Because trade deficits arenโt necessarily a bad thing. Itโs
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