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BBCNEWS Asia Business Report June 4, 2024 23:32:00

Meanwhile, nine companies including wells fargo have been find over half $1 billion because of their employees use of personal messaging apps. according to the us securities and exchange commission, the companies admitted that employees used platforms like whatsapp and signal to discuss company business, a move in direct violation of the sec s record keeping rules. meanwhile we work says there s substantial doubt about its to continue operating. the company also cited an increase cancelled memberships in its memberships. wework said it ll be focused on issues like reduced rental costs and increasing revenue. china will be releasing its latest inflation figures in a few hours. economists think prices may have continued to fall injuly after being flat injune. unlike the rest of the world, china is experiencing a rare episode of sliding prices. ....

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Remote work tug of war continues

There still is a battle going on out there between then remote workers of the COVID days and the companies that are trying to wheedle, nudge, and demand people return to the office.. ....

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In London, New York and Paris, a giant office bet is going wrong

Korean investors look exposed after their five-year binge on second-tier commercial buildings abroad ....

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Business Model Fueling Silicon Valley Tech Companies May Be Illegal

New research reveals that the tech industry uses predatory pricing to crush competitors and bilk investors ....

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Short Interest in WeWork Inc. (NYSE:WE) Decreases By 24.8%

WeWork Inc. (NYSE:WE – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 48,630,000 shares, a decrease of 24.8% from the June 15th total of 64,650,000 shares. Based on an average daily trading volume, of 18,200,000 shares, […] ....

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