Swedish payments start-up Klarna just raised $650 million, putting its valuation over $10 billion and making it the European fintech most highly valued by investors, including VCs, sovereign wealth funds, and asset managers.
Failing to reach a trade deal with the European Union would be more costly for the U.K. than dealing with the coronavirus pandemic, Goldman Sachs economists have warned.
The EU and China are having a meeting on Monday to take stock of their investment negotiations. However, experts doubt that there will be any major developments.
Upskilling the workforce in the use of technology will be critical to economic success post-pandemic, according to the chief executive of one of the world's largest staffing firms.
Irish telecoms company Eir has no plans to drop Huawei from its network, saying any changes in the current stance from the European Union would be costly for operators and customers.
The tentative agreement, which will require the approval of both the U.K. and Japanese parliaments, is scheduled to come into the force at the end of the year.
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