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China economy grows 2.3% in 2020 as rebound from Covid steps up
China's economy grew 2.3 per cent in 2020 as a recovery from the coronavirus pandemic accelerated while the United States, Europe and Japan struggled with disease flare-ups.Growth in the three months ending December rose to [...]
Blackwell Global Holdings to wind down finance arm, let executives go
Blackwell Global Holdings (BGI) will wind down its finance company operation and let its executives go after it could not raise enough capital to fund the growth of its loan book.The NZX-listed investment company, which [...]
Rakon shares rise after positive earnings upgrade
Rakon's share price has jumped higher after the company upgraded its earnings guidance for its 2021 financial year.The company, which makes components for the telecommunications sector, said it expected to achieve underlying earnings... Source: NZ [...]
Richard Branson's Virgin Orbit reaches space on second try
Richard Branson's Virgin Orbit reached space on Sunday, eight months after the first demonstration flight of its air-launched rocket system failed, the company said.A 70-foot-long (21.34-meter-long) LauncherOne rocket was released... Source: NZ Herald Business News
How badly was Deutsche Bank burnt by Donald Trump?
Donald Trump has been toying with bankers for decades. He bashed Wall Street during his presidential campaign, then filled his cabinet with ex-Goldman Sachs executives. He sued Deutsche Bank during the financial crisis, then publicly... [...]