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India’s top IT firms, TCS, Infosys, and Wipro, are facing their steepest growth slowdown in years amid global economic uncertainty and geopolitical challenges (Manish Singh/India Dispatch)
Sources: BOA, principally lobbying through trade associations, is pushing US lawmakers for rules favoring banks over tech companies in stablecoin issuance (The Block)
API-based background check provider Checkr acquires income and employment verification startup Truework, which had raised $125M+ and was last valued at ~$480M (Ryan Lawler/Axios)
Garment workshops are closing across the “Shein village” in Panyu, China, after the US ended the de minimis exemption; Shein urges suppliers to shift to Vietnam (Kentaro Shiozaki/Nikkei Asia)

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