Global News
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Airbnb posts a $3.9 billion loss in its first report as a public company
Airbnb's loss approaches the $5.2 billion lost by Uber in its first full quarter as a public company and renewed questions about whether unprofitable tech startups can turn a profit
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Future vaccines depend on test subjects in short supply: Monkeys
Scientists say monkeys are the ideal specimens for researching coronavirus vaccines before they are tested on humans
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Head of McKinsey is voted out as firm faces reckoning on Opioid crisis
Partners at McKinsey & Co. voted out the consulting firm's top executive, Kevin Sneader, this week as it continues to face blowback over its role in fuelling the opioid crisis
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For women in economics, the hostility is out in the open
Gender and racial gaps in economics are wider, and have narrowed less over time, than in many other fields
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A digital firewall in Myanmar, built with guns and wire cutters
If Myanmar's digital controls become permanent, they would add to the global walls that are increasingly dividing what was supposed to be an open, borderless internet
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Engine-maker under scrutiny after series of aircraft mishaps
For nearly a century, Pratt & Whitney has occupied an important spot at the centre of the U.S. aircraft industry. But, a recent series of startling airplane engine failures has cast a harsh light on the storied Connecticut aerospace manufacturer.
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Daft Punk announces breakup after 28 years
Since the late 1990s, the duo has presented itself as otherworldly and uninterested in the trappings of fame or celebrity, donning robot helmets that would become its trademark, and rarely saying anything at all
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Germany, once a model, is swamped like everyone else by pandemic's second wave
At the start of the pandemic, Germany showed itself to be a global leader in dealing with a once-in-a-century public health crisis. In the virus's second wave, Germany now finds itself swamped like everyone else
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Airbnb is driving hosts elsewhere with costly pandemic policies
While there had always been tensions between Airbnb and its 4 million hosts around the world, a rift has widened in the pandemic after the company changed its cancellation policy and hosts saw what little power they had.
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Global chip shortage challenges Biden's hope for manufacturing revival
United States, slowed shipments of consumer electronics and called into question the security of American supply chains
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Marking cultural shift, Japan names woman to top leadership post
Tokyo Olympics organizing committee on Thursday appointed Seiko Hashimoto, one of Japan's two female Cabinet ministers, to replace the previous leader, who resigned last week after making sexist remarks