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Tag Archives: new business ideas

Spotify and Tencent Music buy stake in each other

Two of the world’s most popular online music streaming services are buying shares in one another.Spotify and China’s Tencent Music Entertainment will buy minority stakes in each other, the companies have said.Neither the value of the deal nor the new shareholding sizes were disclosed, but reports have suggested they …

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US jobs growth stronger than expected

US jobs growth was better than expected in November, with payrolls rising by 228,000.Service, health care and manufacturing firms helped to drive the gains, holding the unemployment rate held steady at 4.1%.Economists had expected an increase of about 200,000 jobs, but early festive season hiring and a rebound after …

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Abu Dhabi authorities revealed as buyers of $450m 'Leonardo painting'

Media playback is unsupported on your device Abu Dhabi’s Department of Culture and Tourism has confirmed that it bought the $450m Salvator Mundi painting for the state’s new Louvre gallery.The 500-year-old painting of Christ is believed to be the work of Leonardo da Vinci.There had been media reports that …

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will.i.am: 'I want to be like Bill Gates'

Seven-time Grammy award-winning musician will.i.am is shaking up the status quo with his i.am+ company, which blends fashion, lifestyle and culture with advanced technology. The BBC’s Lerato Mbele talked to him about his business interests and why he might consider changing his name to bill.i.am. Source: BBC News

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Brexit: 'Breakthrough' deal paves way for future trade talks

Media playback is unsupported on your device Sufficient progress has been made in Brexit talks, European Commission President Jean-Claude Juncker has said, paving the way for talks on the future UK-EU relationship.Theresa May arrived in Brussels on Friday morning following overnight talks on the issue of the Irish border.The …

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CBI: Business needs more Brexit clarity

More clarity on the Brexit transition is needed to stop companies proceeding with contingency plans despite the progress announced on Friday, the CBI has warned.Paul Drechsler, president of the business lobby group, said companies had begun triggering plans months ago.However, more detail could help suspend further action by firms, …

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