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Korea’s Alwayz aims to make online shopping fun again with $46M in funding

Korea’s Alwayz aims to make online shopping fun again with $46M in funding

Seoul-based e-commerce company Levit, an operator of the shopping app Alwayz, wants to make the shopping experience more entertaining and affordable. The two-year-old startup has recently raised $46 million in a Series B round of funding led by DST Global Partners with participation from new investor BOND and existing backers KB Investment, Mirae Asset Capital,…

Lebanon economic crisis worsened by vested interests, IMF says

Lebanon economic crisis worsened by vested interests, IMF says

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo By Maya Gebeily BEIRUT (Reuters) -Lebanon’s financial crisis has been aggravated by vested interests resisting crucial reforms, the International Monetary Fund (IMF) said on Thursday, warning that no action could…

Brazil cenbank chief signals he supports changing inflation target time frame

Brazil cenbank chief signals he supports changing inflation target time frame

© Reuters. FILE PHOTO: Brazil’s Central Bank President Roberto Campos Neto looks on during a ceremony at the Superior Electoral Court headquarters in Brasilia, Brazil, March 7, 2023. REUTERS/Adriano Machado/File Photo By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the monetary authority to pursue inflation targets,…