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US candidate Ajay Banga sole nominee to lead World Bank
US candidate Ajay Banga sole nominee to lead World Bank
Business and Economy
by  AFP

Ajay Banga, the American pick to lead the World Bank, was the only candidate nominated for the position, the bank confirmed Thursday, paving the way for his likely appointment in the coming months. - Private financing for global problems - In a statement supporting his nomination, Biden said Banga's business career meant he was "uniquely equipped to lead the World Bank."

Meta vows EU privacy tweak after massive fine
Meta vows EU privacy tweak after massive fine
Business and Economy
by  AFP

Facebook owner Meta said on Thursday it would tweak how it collects data on users in Europe after it got fined for failing to ask for proper permission. Meta was hit with a 390 million euro fine ($425 million) in December after it failed to convince regulators that gathering data to serve up tailored ads was a necessary part of its contract with users.