Business
China Blasts US ‘Hypocrisy’ Over Tesla Xinjiang Showroom
China accused Washington of hypocrisy after US politicians and rights groups criticized carmaker Tesla for opening a dealership in Xinjiang,...
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Chinese Tech Giant Baidu Tests Metaverse Waters With New App
Chinese tech giant Baidu took its first steps into the Metaverse industry with the launch of a virtual reality app,...
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Asian Markets Drop on Omicron Spike, Biden Spending Bill Blow
Asian stocks and oil prices sank on fears about a fresh global surge in coronavirus infections and as the future...
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Mother to Sue Japanese Production Firms Over Netflix Suicide Case
The mother of a Japanese reality TV star who took her own life after being targeted by online abuse said...
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UK Unemployment Dips Despite End of Virus Jobs Scheme
Unemployment in Britain has fallen again, despite the end of a government scheme to keep millions of private-sector workers in...
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Asian Markets Mixed, Dollar Rises Again as Fed’s Jerome Powell Gets Nod
Markets were mixed in Asia and the dollar extended gains as investors bet on a quicker pace of monetary tightening...
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Instagram’s Impact on Children Probed by US States
Instagram's parent-company Meta is being probed by a consortium of US states over allegations that it supplied the photo-sharing platform...
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Wall Street Ends Sharply Lower After Inflation Hit 30-Year High
US shares fell sharply after consumer inflation hit a 30-year high, and as investors headed for the exits after a...
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US Blacklists Israeli Maker of Infamous Pegasus Spyware
US authorities put the Israeli maker of the Pegasus spyware at the center of a scandal over surveillance of journalists...
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‘Very… Meta’: Twitter Cracks Up Over Facebook Name Change
Facebook's announcement Thursday that the company would henceforth be called Meta unleashed a torrent of hilarity on Twitter from companies,...
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Alibaba Shares Soar After Jack Ma Reported on Europe Trip
Alibaba shares surged more than six percent after billionaire founder Jack Ma was reported to be in Europe, fueling investor...
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Facebook Announces 10,000 EU Jobs to Build ‘Metaverse’
Facebook plans to hire 10,000 people in the European Union to build the "metaverse", a virtual reality version of the...
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Elon Musk Says Tesla’s Robot Will Make Physical Work a ‘Choice’
Tesla's new robot will be able to perform basic repetitive tasks with the aim of eliminating the need for people...
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China Telecom Eyes $8.4 Bn Shanghai IPO, World’s Biggest in 2021
China Telecom could raise more than $8 billion in a Shanghai initial public offering that would be the biggest this...
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Most Asian Markets Rise After Healthy US Jobs Report
Asian markets mostly rose following another Wall Street record sparked by a blockbuster US jobs report that reaffirmed the country's...
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El Salvador to Become First Country to Make Bitcoin Legal Tender
El Salvador may become the first country to make bitcoin legal tender, President Nayid Bukele announced, saying he would soon...
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Eurozone Inflation Hits Near Three-Year High in May
Inflation in the eurozone jumped to its highest level since October 2018 as Covid restrictions across Europe were scaled back,...
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Saudi Ups Pressure on Anti-Vaxxers as It Eyes Economic Recovery
Saudi Arabia is tightening the screws on vaccine skeptics, barring them from pilgrimages and overseas travel and blocking access to...
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EU Raises Eurozone Growth Forecast as Vaccinations Ramp Up
The EU sharply revised its growth forecasts for this year and next, saying an accelerated vaccination drive and the bloc's...
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Deutsche Bank Ducks Archegos Hit, Posts Best Profits Since 2014
Germany's largest lender Deutsche Bank reported its best quarterly profits for seven years, after it avoided being dragged into the...
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