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| Huawei’s Phone Sales in China Get Patriotic Boost |
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Surge in domestic smartphone purchases is offsetting overseas weakness; ‘I think the United States is very ridiculous’
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| China will deepen regional financial reforms, lower funding costs |
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China will deepen its regional financial reforms, using various policy tools to lower corporate funding costs, especially for small firms, Chen Yulu, a vice governor of the People’s Bank of China, said on Monday
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| Thomson Reuters plans to sell down LSE stake |
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Financial data group seals Refinitiv exit but Reuters News not for sale
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| LSE shares hit record high as investors cheer $27 billion Refinitiv bid |
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London Stock Exchange Group Plc (LSE.L) shares rose more than 15% to a record high on Monday as investors cheered its $27 billion bid to buy financial data firm Refinitiv Holdings Ltd, in a deal that could transform the exchange operator into a global market infrastructure and data giant
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| Singapore plant lubricates expansion abroad |
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"The Belt and Road Initiative proposed by China promotes regional economic cooperation and coordinated development, and offers new opportunities for Chinese enterprises to go global," said Gu Xin, general manager of the international department of Sinopec Lubricant Co Ltd, at a recent lubricant promotion meeting in Thailand
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| Apple pays $1 billion for Intel unit in push for chip independence |
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Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s modem business in a deal valued at $1 billion, the companies said on Thursday
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| Facebook reveals new FTC antitrust investigation |
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Hours after settling with agency over privacy, company results disclose second probe
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| Eurasian Resources Weighs Sale of Congo Mining Assets |
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Eurasian Resources Group Sarl, the mining firm backed by the Kazakhstan government, is exploring options for assets in the Democratic Republic of Congo including a potential sale, according to people with knowledge of the matter
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| China to tackle corruption in Belt and Road projects |
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Beijing plans to embed anti-graft officers in BRI ventures abroad
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| France’s Le Maire urges G7 to reach global tax deal |
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Ministers to discuss minimum company tax and cryptocurrencies at meeting in Chantilly
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| Beijing in league of 'innovative cities' |
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Beijing has been included among the top global innovative centers, as the national economy undergoes growth toward higher value-added activities and new growth drivers, experts said
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| Mnuchin joins Facebook critics on Libra cryptocurrency |
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US Treasury secretary says social network has ‘a lot of work to do’ to win approval
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| Manufacturers Move Supply Chains Out of China |
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Tariff costs prompt executives to shift production to other countries; ‘Once you move, you don’t go back’
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| U.S. proposes barring big tech companies from offering financial services, digital currencies |
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A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters
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| BTA Bank Wins Sanctions Against Ex-Chairman in Theft Lawsuit |
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A federal judge in New York ordered former BTA Bank JSC chairman Mukhtar Ablyazov to pay the Kazakh lender’s legal fees for the discovery process after he failed to hand over evidence in a lawsuit accusing him of laundering hundreds of millions of dollars in U.S. real estate
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