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KPMG wants to know what jobs ‘parents’ did

Class hasn’t had enough attention in the drive for workplace equality. Perhaps thanks to a British preoccupation with this topic, the UK arm of accounting giant KPMG is addressing the deficit. The firm has been analysing its workforce by nosing around what employees’ parents used to do for a living. It’s a legitimate inquiry. The tricky issue is what to ...

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Fed’s time is running out for a timely taper

It has been only 17 months since the biggest unthinkable in the oil market — the price turning negative — illustrated vividly that the global economy was experiencing an unprecedented shock that required an exceptional policy response by the government and the Federal Reserve. This week, Fed policy makers will discuss how to unwind two of its three chief components ...

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SoftBank leads $450m round by used-vehicle site Cars24

Bloomberg Cars24 Services Pvt is raising $450 million in equity and debt from SoftBank Group Corp and other investors, underscoring growing demand for used vehicles as Covid disruptions and systemic chip shortages crimp auto production. The round values India’s largest used-car site at $1.84 billion, almost doubling from the end of last year. SoftBank, DST Global and Falcon Edge Capital ...

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