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Last updated: 05 Sep, 2017  
 Global Business


Russia won't export food to the detriment of its own market
IANS | 20 May, 2022
Russia will not export food to the detriment of its own market, Deputy Chairman of Russias Security Council and former President Dmitry Medvedev said.
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Hyundai chief to drum up support for air mobility, robotics with Biden
IANS | 20 May, 2022
Chung Eui-sun, the chief of South Korea's auto giant Hyundai Motor Group, was expected to ask for Washington's support for the group's push in burgeoning sectors that include urban air mobility (UAM) and robotics in a meeting with US President Joe Biden in Seoul this weekend.
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Musk sees net worth shrink by $12 bn amid ESG fiasco
IANS | 20 May, 2022
Tech billionaire Elon Musk recently saw over $12 billion wiped off his net worth following Tesla stock's recent drop and the S&P Global Ratings' decision to boot Tesla from its ESG index.
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Intel to invest $700 mn on R&D in innovative data centre tech
IANS | 20 May, 2022
Chip-maker Intel has announced plans to invest more than $700 million for a research and development mega lab focused on innovative data centre technologies.
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Now Amazon takes a dig at metaverse as Zuckerberg makes grand plans
IANS | 20 May, 2022
As Meta CEO Mark Zuckerberg moves ahead with his grand metaverse plans, David Limp, who is Amazon's head of devices, has said that their company would rather focus on technology that affects the real world "here and now".
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Joe Biden tours Samsung chip plant in S.Korea amid supply chain woes
IANS | 20 May, 2022
South Korean President Yoon Suk-yeol and his counterpart US President Joe Biden toured a Samsung Electronics chip plant together on Friday, demonstrating their commitment to expanding the alliance between the two countries beyond the security sphere to global supply chains and other key areas.
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S. Korea's Presidential office says IPEF does not seek to exclude China
IANS | 19 May, 2022
South Korea's presidential office on Thursday denied characterisations that the US-proposed Indo-Pacific Economic Framework (IPEF) seeks to exclude China from global supply chains.
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Walmart to Target to FAANGM to crypto - the bears rule for now
IANS | 19 May, 2022
The NASDAQ composite index was at 13,619 on April 19. On Wednesday, just a month later, this cheerleader of technology stood mauled -- nearly 2,200 points down at 11,418. Over 16 per cent of investor wealth had vanished in a terrible April that seems to spill over.
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FAO chief bats for urgent transformation of agrifood systems
IANS | 19 May, 2022
Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, has made an urgent call for the transformation of agrifood systems, to make them more inclusive, economically viable and resilient to multiple shocks, as well as to produce better and more with less negative impact on the environment.
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Global stock markets fall amid concern over rising prices
IANS | 19 May, 2022
Stock markets in Asia and the US have fallen over concerns that rising prices could send the global economy into a slowdown, BBC reported.
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 27 Apr, 2022
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