• May 20, 2024
China’s Xi declares ‘complete victory’ in poverty eradication campaign
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China’s Xi declares ‘complete victory’ in poverty eradication campaign

By Reuters Staff BEIJING (Reuters) – China’s President Xi Jinping on Thursday declared a “complete victory” in its poverty eradication campaign. Xi made the announcement while attending a ceremony marking China’s accomplishments in eradicating poverty and commending role models. Reporting by Judy Hua and Yew Lun Tian; Editing by Shri Navaratnam Our Standards: The Thomson Reuters […]

Indian shares slip from record highs as financials, Nestle fall
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Indian shares slip from record highs as financials, Nestle fall

By Sachin Ravikumar BENGALURU (Reuters) – Indian shares eased on Wednesday after scaling record highs for two successive sessions, as investors sold off high-flying financial stocks and Nestle slid after reporting disappointing earnings. Strong corporate earnings, progress in COVID-19 vaccinations and a high-spending federal budget have pushed Indian stocks up 12% in February. The NSE […]

Myanmar police file charges against Aung San Suu Kyi after coup
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Myanmar police file charges against Aung San Suu Kyi after

By Reuters Staff (Reuters) -Myanmar police have filed charges against ousted leader Aung San Suu Kyi for illegally importing communications equipment and she will be detained until Feb. 15 for investigations, according to a police document. The move followed a military coup on Monday and the detention of Nobel Peace laureate Suu Kyi and other […]

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Biden speaks to Putin for first time since taking power:

By Reuters Staff FILE PHOTO: U.S. President Joe Biden speaks about administration plans to strengthen American manufacturing during a brief appearance in the South Court Auditorium at the White House in Washington, U.S., January 25, 2021. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – U.S. President Joe Biden spoke to Russian President Vladimir Putin on Tuesday for the first […]

China takes new foreign investment top spot from US
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China takes new foreign investment top spot from US

China has overtaken the US as the world’s top destination for new foreign direct investment, according to UN figures released on Sunday. New investments into America from overseas companies fell by almost half last year, leading to the loss of its number one status. In contrast, UN figures show direct investment into Chinese firms climbed […]

UK firms told ‘set up in EU to avoid trade disruption’
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UK firms told ‘set up in EU to avoid trade

By Daniel Thomas Business reporter, BBC News Brexit UK firms that export to the EU say they are being encouraged by the government to set up subsidiaries in the bloc to avoid disruption under new trade rules. Firms have been hit by extra charges, taxes and paperwork, leading some to stop exporting to the EU […]

Jack Ma makes first appearance since October
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Jack Ma makes first appearance since October

Alibaba Group founder Jack Ma has made his first appearance since Chinese regulators cracked down on his business empire. His absence had fuelled speculation over his whereabouts amid increasing official scrutiny of his businesses. The billionaire met 100 rural teachers in China via a video meeting on Wednesday, according to local government media. Alibaba shares […]

Covid: Cash refusal ‘creeping into UK economy’
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Covid: Cash refusal ‘creeping into UK economy’

By Kevin Peachey Personal finance correspondent Coronavirus pandemic A refusal to accept cash is “creeping into the wider UK economy”, an expert has said, after a survey suggested coronavirus had hastened a shift towards a cashless society. Consumer group Which? said that 34% of people asked said they had been unable to pay with cash […]