Open Raven, the Los Angeles-based security startup founded by a team of cybersecurity veterans from CrowdStrike and SourceClear, has closed on $15 million in new financing only four months after emerging from stealth and in the middle of a global pandemic.  The company already boasted an impressive roster of investors well-versed in enterprise software and
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New Delhi: Gold in the national capital rose by Rs 761 to Rs 48,414 per 10 gram on Tuesday in-tandem with spike in international prices of the precious metal and rupee depreciation, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 47,653 per 10 gram. The rupee dropped by
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Dollar turns mixed in early US session as selloff turns to Euro today. New Zealand Dollar is the second weakest as the country’s coronavirus -free days ended. Yen, Dollar and Swiss Fran are not performing well, though, as markets remains in strong risk-on mode. On the other hand, Sterling is currently the strongest ones, followed
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Federal Reserve Board Chairman Jerome Powell testifies during a hearing on “The Semiannual Monetary Policy Report to the Congress,” in front of the Senate Banking, Housing and Urban Affairs Committee in the Dirksen Senate Office Building on February 12, 2020 in Washington, DC. Sarah Silbiger | Getty Images Federal Reserve Chairman Jerome Powell warned Tuesday
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Stockwell AI entered the world with a bang but it is leaving with a whimper. Founded in 2017 by ex-Googlers, the AI vending machine startup formerly known as Bodega first raised blood pressures — people hated how it referenced and poorly ‘disrupted’ mom-and-pop shops in one fell swoop — and then raised a lot of money. But ultimately, it
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Although there are signs that the coronavirus outbreak in the UK is stabilizing, its economic impact has just been emerged. Record contraction in GDP, sharp slowdown in inflation and weak employment indicators suggest that the BOE would have to maintain a very expansionary monetary policy stance. Together with lukewarm development in trade negotiation with the
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Nomura’s analysts expect India’s current account deficit (CAD) to narrow to 0.5% of its gross domestic product (GDP) in 2020 versus 1% in 2019, according to Reuters.  A current account deficit (CAD) occurs when the total value of goods and services a country imports exceeds the total value of exports. A consumption-driven and energy-dependent economy
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