Your Daily Brief For September 1st

Your Daily Brief For September 1st

3 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at Klarna's latest results.

"Buy now pay later giant Klarna has been cutting costs aggressively and deploying tools like AI to improve efficiency, which helped it narrow losses in the first half of the year."

Key takeaways:

  • Klarna narrowed its losses thanks to cost-cutting measures
  • Contraction in China’s manufacturing sector eased up in August
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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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