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ShopBack seeks $150m for expansion

  Bloomberg ShopBack, an online shopping rewards app backed by Temasek Holdings, is in talks with potential investors to raise $150 million to help finance its expansion, according to people with knowledge of the matter. The Singapore-based startup is working with Morgan Stanley on the funding round, which is expected to value the company at about $1 billion, the people ...

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Taiwan: China’s Xi too focused on party reshuffle for any attack

Bloomberg Taiwan believes Xi Jinping is too focused on a key party meeting to extend his tenure as China’s leader to take military action now, regardless of what happens between Russia and Ukraine, according to two senior officials involved in security issues in Taipei. The Taiwanese government has assessed the current risk of a Chinese attack to be low, even ...

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Biden orders access to Trump’s White House visitor logs for Jan 6

  Bloomberg President Joe Biden directed the National Archives to release to Congress Donald Trump’s White House visitor logs for January 6, rejecting his predecessor’s claims that the logs are subject to executive privilege. “The president has determined that an assertion of executive privilege is not in the best interests of the United States, and therefore is not justified, as ...

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