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China will be the ‘most important marginal driver of global GDP,’ ex-Goldman Sachs economist Jim O’Neill says

Summary List Placement Visit Business Insider’s homepage for more stories. China’s economy will erase all its 2020 losses next year and still record positive growth for this year, ex-Goldman Sachs economist Jim O’Neill told CNBC.  He said: “China is well on the way to recovery. It is the country that really matters globally within the […]

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Kindred Capital backed VR design startup Gravity Sketch in a $3.7 million funding round after seeing this pitch deck

Summary List Placement Gravity Sketch, the London-based startup working to transform product design through virtual reality, just raised $3.7 million in a funding round backed by Kindred Capital.  Founded in 2014 by Oluwaseyi Sosanya, Daniela Paredes and Daniel Thomas, Gravity Sketch is disrupting the product design market – valued at around $7 billion by Grand […]

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European stocks recover after biggest daily loss in three months, but ‘COVID-19 noise’ spreads across the region

Summary List Placement European stocks recovered with a fairly mild rebound following Monday’s carnage, but renewed fears of virus-related lockdowns in the region crept into global stock markets. However, shares in Deutsche Bank fell 0.5%, while HSBC fell 0.8%, extending the declines from the previous day that contributed to Monday’s losses in major indexes. The […]

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Isolation and closed borders: Here’s how ten Pacific Island nations are COVID-19-free, and the costs that come with it

Summary List Placement Along with paradisical warm waters and golden sand, 10 Pacific Island nations are still completely COVID-19 free due to closed border and geographical isolation, but it has come at a cost. Samoa, Tonga, the Marshall Islands, Kiribati, Micronesia, Nauru, Palau, Vanuatu, Micronesia, and the Solomon Islands, are all COVID-19 free, according to […]

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LAPD officers reportedly used facial recognition 30,000 times in the past decade, contradicting the department’s previous denials

Summary List Placement   The Los Angeles Police Department has on numerous occasions over the years downplayed its use of facial recognition technology, publicly claimed that the department doesn’t use it at all, and denied the existence of related documents that, if they exist, the public is legally entitled to see. But new records obtained […]