ECB sees Ukraine refugees lifting workforce by up to 1.3m

Refugees fleeing the war in Ukraine could end up boosting the euro area’s active labor force by up to 1.3 million people, the European Central Bank predicts. “Back-of-an-envelope” calculations point to an jump of 0.2% to 0.8% over the medium term, the institution said in an economic bulletin published Monday — corresponding to between 0.3 … Read more

Israeli AI-based IVF software co AiVF raises $25m

Israeli AI-based IVF software platform AiVF announced today it has completed a $25 million Series A financing round led by Insight Partners, with participation from Adam Neumann’s Family Office and behavioral economist Prof. Dan Ariely and others including some of the world’s leading fertility physicians. The company was founded by embryologist CEO Dr. Daniella … Read more

Why Margin Calls and Bot Liquidations Are Roiling Crypto

The pain now buffeting DeFi apps was triggered after centralized crypto lenders Celsius Network and Babel froze deposits and the rumored collapse of fund Three Arrows Capital sent crypto prices down by double digits over the course of a week. Celsius had worked with many DeFi apps to earn the high returns it offered. Much … Read more

Emaar CEO Jain briefly detained at IGI airport

Emaar Properties Group Chief Executive Officer (CEO) Amit Jain was briefly detained at the Indira Gandhi International airport on Friday, following a LOC opened against him on the request of Punjab police in a 2019 case. Senior Suprintendent of Police (SSP) Sandeep Garg confirmed The Hindu Business Line, “Jain was detained but let off since … Read more

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GM Stock Has Been Hammered, Which Makes Owning a Piece of Its EV Future a Bargain

Text size GM has been showing off its Cadillac Lyriq SUV electric vehicle, priced like Tesla’s Model Y. Courtesy of Cadillac Inflation, rising interest rates, and recession fears have all conspired against General Motors stock. Its shares are still worth owning. Barron’srecommended buying General Motors (ticker: GM) stock in early May. The timing wasn’t great. … Read more