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Fidelity International Laid off 100 Employees in China – Pandaily

Rumors have been circulating on Chinese social media about Fidelity International laying off 100 employees in Dalian, China. Sources familiar with the situation, as reported by Chinese media Yicai, have indicated that the layoffs primarily affect Fidelity International’s Excellence Center in Dalian, which supports various global business needs, including technology, operations, and investment research. According […]

$40M tax credit will support wealth-building in underserved Philly communities

Government funding is supporting different sectors across Pennsylvania this month.  A robotics and manufacturing program at Millersville University received $200,000 from the state to continue educating young people.  It spread to local businesses, too. Ben Franklin Technology Partners was one of the recipients of Federal and State Technology Partnership program funding, which will help it […]

China rolls out $112 bln funding schemes to bolster stock market – Reuters

China rolls out $112 bln funding schemes to bolster stock market  Reuters Chinese Stocks Rebound as PBOC Reinforces Support for Market  Bloomberg Stock market today: World stocks gain as China releases plan to finance share buybacks  Yahoo Finance Stock market today: Asian shares gain as China releases plan for market support  The Hill ForexLive Asia-Pacific FX news wrap: China […]

Pan-African fintech startup Yellow Card raises $33m Series C funding to drive expansion – Disrupt Africa

Pan-African fintech startup Yellow Card has raised US$33 million in Series C funding to drive global expansion and strategic initiatives, taking its total equity funding to US$85 million. Since launching in Nigeria in 2019, Yellow Card has become the largest and first licensed Stablecoin on/off ramp on the African continent. It has operations spanning 20 […]