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China’s exports could go from economic asset to liability as trade tensions multiply, analysts say

Though China’s export economy was once a reliable driver of economic growth, analysts have recommended against overreliance on those sectors as trade relations with the West become more volatile.

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How mobile phone networks are embracing AI

Providers are increasing using artificial intelligence to maintain a reliable service.

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Interest rates expected to be held at 5.25%

Despite inflation falling to 2%, experts are expecting interest rates to be held at a 16-year high.

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Boeing crash families demand record $25bn fine

The families of victims of two 737 Max crashes also call for prosecutions a day after apology by chief executive.

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Inside a Writer’s First Ride on Tiana’s Bayou Adventure at Disney World

When Walt Disney World replaced a ride that was based on a racist film with a new attraction, Brooks Barnes, who covers entertainment, was first in line.

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Are Planes Safe Right Now? Here’s What the Experts Say.

You should expect the unexpected while flying, but few disruptions should provoke serious concern, aviation experts say.

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Labour would need an effective opposition, says Hunt

The chancellor is the latest senior Tory to acknowledge his party could be on course for defeat.

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Inflation falls to lowest level in almost three years

Inflation has hit the Bank of England's target for the first time in almost three years.

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On Titan Submersible Anniversary, World Rethinks Deep Sea Exploration

A year after the first deaths of divers who ventured into the ocean’s sunless depths, an industry wrestles with new challenges for piloted submersibles and robotic explorers.

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Researchers Say Social Media Warning Is Too Broad

Some scientists who study youth mental health say the evidence does not support the notion that social media is harmful per se.

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France Warned by E.U. About ‘Excessive’ Deficit

The rebuke for breaking European Union rules that require strict financial discipline comes two weeks before French voters head to the polls for parliamentary elections.

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China needs consumption surge for full-blown economic recovery, researcher says

Zheng Xinli, a former researcher with China’s Communist Party, has advocated for robust incentives to spur consumption and buoy the country’s service sector, part of a plan to build up new economic growth drivers.

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Secret files reveal fears over future of NHS IT giant

Talks have been held over the potential collapse of tech firm Atos, which runs vital UK public services.

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Family films led by 'Inside Out 2' could reignite the box office

"Inside Out 2" is giving movie theater operators hope that family films can reinvigorate the 2024 box office.

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Akio Toyoda’s Support Among Toyota Investors Tumbles

A relatively low 71.9 percent of shareholders supported Akio Toyoda, who has faced scrutiny over governance issues, in his bid to remain chairman.

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AI frenzy makes Nvidia the world's most valuable company

The Californian firm's meteoric rise has been fuelled by its dominance of the "new gold" - AI chips.

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What California’s Hotel and Rental ‘Junk Fees’ Mean For You

Two new laws target surprise charges like resort fees, cleaning fees and service fees, forcing companies to tell you about them before you book, even if you live elsewhere. Here’s what you need to know.

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How the U.K.’s Economy Became So Stagnant

After more than a decade of deep budget cuts, slow growth and weak productivity, the country has struggled to overcome years of uncertainty and underinvestment.

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China’s central bank vows supportive monetary policy but dismisses dramatic easing measures

Amid calls for greater economic support, China’s central bank governor says at Lujiazui Forum that the policy toolbox will not include any drastic moves.

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UK Amazon workers balloted on union recognition

Workers are set to vote on whether GMB should be recognised at the online retailer's Coventry site.

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Hong Kong topples Tokyo as Asia’s costliest city to build, as labour shortage inflates cost

A total of 72 markets, or 79.1 per cent of the 91 cities surveyed worldwide by Turner & Townsend, reported a labour shortage.

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TikTok faces fresh US pressure over child privacy

The allegation from US regulators adds to the growing pressure faced by the social media firm.

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IMF unveils plan for China-based regional centre in Shanghai, moving closer to Asia-Pacific

The international monetary body announces the research hub on the opening day of the annual Lujiazui Forum, and China’s central bank expects the move to ‘deepen cooperation’ with the IMF.

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Amazon Is Fined Nearly $6 Million Over Warehouse Work Quotas

California officials cited failures to disclose productivity requirements at two locations. The company said it would appeal.

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California Moves to Modify Law Letting Workers Sue Employers

Gov. Gavin Newsom announced a deal with business and labor leaders heading off a ballot measure to repeal the law, which has cost companies billions.

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China’s Lust for Durian Is Creating Fortunes in Southeast Asia

Demand for the fruit, known for its rich taste and intense smell, has reshaped parts of Southeast Asia, where it has long been a staple.

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Nvidia, with $3.34 Trillion Market Cap, Becomes Most Valuable Company

The chip maker’s stock price has jumped over the last year thanks to its stranglehold on the market for the chips needed to build A.I. systems.

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Chinese EV makers, suppliers risk dent to global stature in price war, Bosch exec warns

China should create a fair and orderly mechanism to avoid cutthroat competition, China president of German supplier says he told Xi Jinping.

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Boeing CEO blasted by Senate panel: 'It's a travesty that you are still in your job'

Boeing is under fire after a door plug blew out of one of its nearly new 737 Max planes in January during an Alaska Airlines flight.

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U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years

Congressional Budget Office projections released on Tuesday show a grim fiscal backdrop ahead of tax and debt limit fights.

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Surgeon General Calls for Warning Labels on Social Media Platforms

Dr. Vivek Murthy said he would urge Congress to require a warning that social media use can harm teenagers’ mental health.

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Boeing CEO Dave Calhoun Apologizes for Quality and Safety Issues at Senate Hearing

Confronted by families of those killed on two flights, Dave Calhoun, Boeing’s chief executive, apologized for “the grief that we have caused.”

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China’s trade-in for homes scheme misses mark as middle class prefers to save, not spend

While the government is enthusiastic about trade-in consumption subsidies, analysts warn they may fall flat.

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Fisker Files for Bankruptcy as EV Start-Up’s Cash Runs Short

The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut.

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Top BofA auto analyst says Detroit automakers need to exit China as soon as possible

The rise of local Chinese automakers, such as BYD and Geely, has put growing pressure on Detroit automakers.

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Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder

Consumer adoption for EVs has grown slower than expected, costs have risen and investor interest in EVs other than Tesla has dried up.

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Watch Boeing CEO Dave Calhoun testify before Senate panel on whistleblower allegations

Boeing CEO Dave Calhoun faces Senate questioning following whistleblower allegations and quality control concerns after a door plug blew out of 737 Max plane.

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Exxon Suit Over Activist Investor’s Climate Proposal Is Dismissed

A federal judge ruled that the case was moot after the investor, Arjuna Capital, withdrew the proposal with a promise not to try again.

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U.S. Cricket Team's Success Raises the Game’s Profile

Cricket faces notable obstacles before it can obtain widespread popularity in America, but its most passionate supporters feel positive about its future.

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Gen X stands to gain the most wealth from the $84 trillion wealth transfer

According to Wealth-X, the average age of individuals in North America set to inherit fortunes from parents worth $5 million or more is 46.1 years old.

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Former NDRC official calls for improved dialogue between China and the West

Xu Lin said Western tariffs on Chinese exports could speed up ‘process of clearing up overcapacity in China’, meaning ‘survival of fittest’.

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Faisal Islam: Voters are being taken for fools on the economy

Do promises to leave various tax rates alone have any credibility, asks the BBC's economics editor.

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How the Teamsters and a Homegrown Union Plan to Take On Amazon

An affiliation agreement between the Amazon Labor Union and the 1.3 million-member Teamsters signals an escalation in challenging the online retailer.

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A Korean Secret to Keeping Friendships Strong: Savings Groups

In South Korea, it’s common for friends to form what are known as gyemoim to save for vacations, meals and other social activities.

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Post Office sabotaged Horizon probe, says investigator

Independent investigator says Post Office tried to obstruct probe into IT flaws.

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Boeing boss admits culture 'far from perfect'

Dave Calhoun will face questions on the firm's safety record from US lawmakers on Tuesday.

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Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’

Bank CEOs have said the Basel III Endgame capital increases are unnecessarily aggressive and would force the industry to curtail lending.

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Akio Toyoda, Toyota’s Chairman, Defends His Hands-On Role

Akio Toyoda, who stepped down as chief executive last year, had been criticized by some shareholders for continuing to dominate decision making at the automaker.

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Coming to a City Near You: A Cricket Stadium?

Backers of the sport are negotiating leases and approvals for venues across the United States.

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Togethxr’s ‘Everyone Watches Women’s Sports’ T-shirts Go Viral

A black-and-white shirt by the brand Togethxr has become the unofficial uniform of a breakthrough moment for women’s basketball.

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China’s property crisis sees homeowners scramble to pay off mortgages at record pace

Recent data on early repayments and new mortgage loans does not bode well for China’s efforts to stimulate housing demand and absorb inventories.

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Boeing Faces Turbulence Ahead of a Decisive Senate Hearing

Dave Calhoun, the embattled company’s C.E.O., heads to Capitol Hill amid new whistle-blower accusations and questions over succession.

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China’s economic woes demand renewal of pro-market reforms, prominent scholar says

A Chinese scholar has called for a renewed commitment to pro-market reforms to generate sustainable growth and solve several persistent issues that have vexed economic policymakers.

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Heavy Rains Lash Southern China, Killing at Least 9

Rains set off landslides and inundated villages in the south, forcing thousands to evacuate. In the north, residents sweltered through a drought.

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Biden’s Stimulus Juiced the Economy, but Its Political Effects Are Muddled

Some voters blame the American Rescue Plan for fueling price increases. But the growth it unleashed may be helping the president stay more popular than counterparts in Europe.

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Green energy plan 'won't benefit' Welsh valley residents

The BBC has spoken to residents in the Towy Valley about their views on a huge wind turbine project.

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Shenzhen exchange loses out to Shanghai bourse as small-cap delisting risks unnerve investors

Chinese companies trading in Shenzhen have underperformed those listed in Shanghai this year, a trend that underscores the delisting risk faced by smaller companies and investors’ penchant for big industry leaders amid a challenging macro environment.

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Low investment blocking UK growth, says think tank

Both Conservative and Labour plan to reduce government investment over the next parliamentary term

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China marriages fall to ‘norm’ in first quarter after active 2023, threatening productivity as population ages

Fewer weddings mean fewer kids and a smaller labour force down the line as the population ages and productivity takes a hit.

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China seen easing coal mining curbs as it prioritises growth, energy security: Goldman

Coal output will grow by 100 million tonnes this year as Beijing loosens restrictions because of economic and energy-security pressures, Goldman says.

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Soup sales up and sun cream down in wet June

One of the rainiest springs on record boosted soup sales while denting those for sun cream, figures suggest.

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William H. Donaldson, Wall St. Lion Who Led the S.E.C., Dies at 93

He co-founded D.L.J., the first securities firm to offer shares to the public. As S.E.C. chairman, he pressed for a stronger watchdog role after a series of accounting scandals.

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Apple scraps its Pay Later loan scheme

It marks a retreat for the technology giant from plans to offer traditional financial services.

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The Washington Post Delves Into a Difficult Story: Itself

The newspaper has been reeling from successive revelations about Robert Winnett, its incoming editor, and Will Lewis, its chief executive.

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Lynn Conway, Computing Pioneer and Transgender Advocate, Dies at 86

She made significant contributions at IBM, but she lost her job because of her conviction that she inhabited the wrong body. She later fought for transgender rights.

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Could brain-like computers be a 'competition killer'?

Computers built like brains could be much more energy efficient than current designs.

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How Crypto Money Is Poised to Influence the Election

The industry’s political awakening — and enormous pool of cash — is already affecting high-profile races across the country.

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FDA approves Merck vaccine designed to protect adults from bacteria that can cause pneumonia, serious infections

Merck's shot protects against 21 strains of that bacteria to prevent a severe form of pneumococcal disease and a lung infection called pneumonia.

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Tony Awards’ Viewership Slips Lower

Sunday’s show had the second-lowest viewership for a Tonys telecast since records have been kept.

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Software giant Adobe accused of 'trapping customers'

Regulators allege Adobe failed to properly disclose subscription terms and made it too onerous to cancel.

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Facing E.V. Tariffs, China Threatens Pork Imports From Europe

Acting quickly after the European Union imposed extra tariffs of up to 38 percent on China’s electric cars, Beijing opened a trade case on Europe’s pork.

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London becomes Europe's largest stock market again

A French election is driving down the value of French listed companies, analysts say

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How A.I. Is Revolutionizing Drug Development

In high-tech labs, workers are generating data to train A.I. algorithms to design better medicine, faster. But the transformation is just getting underway.

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Aer Lingus pilots move closer to strike action

Irish Airline Pilots' Association (IALPA) members voted 99% in support of action.

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Passenger Who Was Restrained With Duct Tape During Flight Faces Record Fine

Federal regulators are seeking $81,950 from a Texas woman who acted erratically and was violent toward crew members during an American Airlines flight in 2021.

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A Bird-Flu Pandemic in People? Here’s What It Might Look Like.

There is no guarantee that a person-to-person virus would be benign, scientists say, and vaccines and treatments at hand may not be sufficient.

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US surgeon general wants social media warning labels

Vivek Murthy says social media increases the risk that children will experience anxiety and depression.

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Labour rules out changes to council tax bands

Tories have claimed Labour are planning tax rises on homes to fund spending pledges

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China’s firms risk stunting growth with ‘vicious competition’, senior official says

To avoid interruptions to China’s economic growth and tech progress, a senior official has warned against ‘vicious competition’ among firms in high-profile sectors.

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How Eli Lilly is managing soaring demand for GLP-1s, according to outgoing CFO Anat Ashkenazi

Ashkenazi has been key to managing the windfall in revenue and wave of investor optimism from Eli Lilly's diabetes injection Mounjaro and obesity drug Zepbound.

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Labour accuses Tories of planning unfunded tax cuts

Jeremy Hunt suggested key manifesto promises on welfare cuts had been announced by the government last year.

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The EU should exercise strategic autonomy by rethinking China tariffs

Next month’s EV tariff hike could end up working against Brussels’ own economic and environmental interests.

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Chinese maker of semi-solid EV batteries reports delivery jump amid range rivalry

Deliveries by Beijing WeLion rose 31 per cent in May as backer Nio and other EV makers push vehicle ranges towards 1,000km on a charge.

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Is Social Media the New Tobacco?

Vivek Murthy, the U.S. surgeon general, wants warning labels on the tech platforms, arguing that they are fueling a mental health crisis among teens.

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Petrol prices far higher than they should be, says RAC

Margins are rising amid the election "distraction", the group says, but retailers say they face higher costs.

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China preps plane research renewal after C919’s first year in the air

After one year of commercial flights for its home-grown C919, China has established a new research fund to fuel the development of new planes and the domestic production of parts to keep them running.

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Can A.I. Answer the Needs of Smaller Businesses? Some Push to Find Out.

Artificial intelligence tools like ChatGPT are finding widest use at big companies, but there is wide expectation that the impact will spread.

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Black Farmers in Georgia Cool to Biden, Reflecting a Bigger Challenge

White farmers filed lawsuits to block a debt forgiveness initiative, but the Biden administration is still bearing the blame.

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China targets EU pork ‘overcapacity’ with anti-dumping investigation after Brussels’ EV action

Chinese industry alleges ‘massive’ subsidies in European Union pork sector, as China’s electric vehicles are facing fresh tariffs.

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Wrap sold in WH Smith recalled over E. coli fears

Manufacturer THIS! is recalling one of its products because of possible contamination with E. coli.

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China’s tax man hands out decades-old bills to companies, hinting at funding shortage

China’s local governments are facing unprecedented pressure to expand revenues because economic growth is slowing and the contracting real estate market has sent income from land sales plunging.

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Pixar's Inside Out 2 sees record opening weekend

It marks a big win for cinemas, which have seen lacklustre takings for some major new movies this year.

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Toyota Investors Challenge Scion’s Grip at a ‘Critical Juncture’

Akio Toyoda ran Toyota for 14 years before handing the reins to a new C.E.O. last year, but some have grown concerned about the control he still wields.

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China’s property fall overshadows spending rebound in May, challenging Beijing’s economic targets

The worrisome property-investment decline reached double-digits in May, but consumers in China opened their wallets a bit more, year on year.

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Too much of a good thing? Spain's green energy can exceed demand

Spain is looking at storing electricity or increasing demand to solve electricity oversupply.

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German firms hope EU-China tariff talks can help dodge shake-up in EV business

Germany has little to gain as Brussels slaps duties on Chinese electric vehicles and Beijing vows retaliation, business group says.

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As N.B.A. TV Deal Nears, Warner Bros. Discovery Is on the Outside

The company’s TNT channel and the N.B.A. have long been inextricably linked, but that may end after next season. Plus, Charles Barkley is retiring.

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'Inside Out 2' hits $155 million domestic debut, second-highest animation opening ever

Disney and Pixar's "Inside Out 2" debuted with an estimated $155 million domestically, the second-highest theatrical opening of an animated film ever.

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‘Inside Out 2’ Returns Pixar to Box Office Heights

The sequel was expected to collect at least $155 million in the United States and Canada over the weekend, about 70 percent more than anticipated.

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Will Lewis Is Said to Have Used Stolen Records as Editor in U.K.

Years before becoming The Post’s publisher, Will Lewis assigned an article based on stolen phone records, a former reporter said.

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In a Digital Age, High-End Outdoors Magazines Are Thriving in Print

Titles like Adventure Journal, Mountain Gazette, Summit Journal and Ori are aimed at “people who just don’t want to be on their phones anymore.”

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Chinese government rushes to shore up struggling property sector with new policies

A report has called China’s housing market the ‘primary risk’ to the economy as more is done to stabilise the sector.

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Bates learned of knighthood at Post Office inquiry

The campaigner had travelled to hear former CEO Paula Vennells give evidence when he received the news.

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Did You Buy a Disneyland ‘Dream Key’? Disney May Owe You Money.

Disney owes a total of $9.5 million to customers who bought a $1,400 Dream Key pass over the course of two months in 2021. The payments, about $67, are going out this month.

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The Business of Being Lorne Michaels

For 50 years, Michaels has managed both the weekly circus of producing “Saturday Night Live” and the broader task of keeping it relevant. How does he do it?

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Cocoa prices are soaring. Candy makers will need to get creative

Hershey, Mondelez, Mars and Ferrero are among the companies that will have to get creative to deal with soaring prices for cocoa, a key ingredient in chocolate.

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Goodbye, Work Friends

After four years, as she prepares to hand off to her successor, our workplace advice columnist reflects on the rewards and the frustrations of office life.

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Green hydrogen: can China replicate its success in EVs, batteries and solar panels?

In the second of a four-part series on the fuel of the future, Yujie Xue looks at the opportunities, threats and challenges China faces in dominating the industry.

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China’s CEOs join social media to learn how to win followers and influence people

China’s executives are embracing dual roles as business leaders and online influencers. Will this approach boost sales, or create a dependency on personal character?

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Google C.E.O. Testifies in Ozy Media Founder’s Fraud Trial

Sundar Pichai, the chief executive of Google, said he never discussed a potential acquisition of the digital media start-up.

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Judge Orders Sale of Alex Jones’s Personal Assets but Keeps Infowars in Business

The ruling will allow the conspiracy theorist to continue broadcasting on Infowars, while the Sandy Hook families pursue payment of $1.4 billion in defamation damages.

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U.S. Investigating ‘Dutch Roll’ That Damaged a Boeing 737 During Flight

The Southwest Airlines flight experienced a rare oscillation in May that caused “substantial” damage to its tail section and prompted investigations from federal agencies.

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How Jeff Bezos Is Trying to Fix The Washington Post

The Amazon founder has expressed his support to Will Lewis, the C.E.O., who has faced widespread criticism this month.

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Elon Musk Got 72% in Tesla Shareholder Vote on Pay

About 72 percent of shares in the balloting affirmed the chief executive’s lucrative stock award. The company hopes to get a court to reinstate it.

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Why the Stock Market Has Risen Even With No Fed Rate Cuts

The S&P 500 has been buoyant mainly because of A.I. fever, while bonds are having another mediocre year. But as an investor, our columnist is staying the course.

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Supermarket sandwiches linked to E. coli outbreak

Retailers are removing at least 56 types of sandwiches, wraps and salad from UK supermarket shelves.

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U.S. Inflation Falls to 3.3% in May

The rate of inflation in May over the previous year.

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Boeing and NASA delay Starliner astronaut return to June 22, nearly doubling mission length to test spacecraft

NASA announced Friday that Boeing's Starliner capsule "Calypso" will stay at the International Space Station twice as long as the mission originally planned.

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How Partisan Media Outlets Covered The Latest Inflation Numbers

Conservative media outlets used the new inflation data, which was lower than expected, to criticize President Biden’s handling of the economy. Liberal media outlets celebrated it.

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'Inside Out 2' arrives in theaters and could hit a 100-day run. Here's why that's increasingly rare

Both Walt Disney Animation and Pixar struggled to regain a foothold at the box office after pandemic restrictions lessened and audiences returned to theaters.

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French Stocks Tumble to Worst Week in Two Years Over Election Fears

Investors worry about a possible debt crisis in the country as polls show the far right could be brought to the brink of power in less than a month.

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$29 Trillion: That’s How Much Debt Emerging Nations Are Facing

A decades-long crisis is getting worse, and now dozens of nations are spending more on interest payments than on health care or education.

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China’s markets watchdog aims to enhance funds recognition scheme with Hong Kong to boost flows

Mainland China’s top securities watchdog has proposed amending a funds recognition scheme with Hong Kong in the latest move to boost cross-border trading and capital flow between the two markets.

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What Elon Musk’s Convincing Win Means for Tesla

Investors voted overwhelmingly to reinstate the C.E.O.’s multibillion-dollar compensation package, inextricably tying the car maker’s future to the tech billionaire.

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China unveils new fair-competition regulations in ongoing push to unify domestic market

The move aims to reduce monopolies and make business easier amid concerns over unfair competition, while exemptions include matters of national security, innovation and energy efficiency.

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First a Victim of Tax Return Identity Theft, Then a 2-Year Wait for a Refund

The I.R.S.’s Taxpayer Advocate Service found that many of those affected were lower-income people who depended on refunds to cover living costs. The wait is “ridiculous,” the head of the service said.

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Servers for GameStop annual shareholder meeting crash due to overwhelming interest

The debacle comes amid a meme stock craze that surged when Keith Gill, aka Roaring Kitty, resumed posting on his social accounts after more than three years.

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Bezos' Blue Origin joins SpaceX, ULA in winning bids for $5.6 billion Pentagon rocket program

The Pentagon announced the first winning bidders in its rocket launch program sweepstakes on Thursday.

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Shanghai’s Yangpu district eyes smaller tech firms to complete its growing digital ecosystem

Shanghai’s northeastern Yangpu district , which has already attracted Big Tech firms such as Meituan and Bilibili, has set its sights on smaller technology businesses to form an ecosystem for its growing digital economy.

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China’s ‘hidden debt’ seen shrinking, but scaling that mountain remains a daunting challenge

As Beijing continues to crack down on problematic local-level debt, economist Luo Zhiheng has run the numbers to estimate how much progress has been made.

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China’s oil refiners are slowing down after decades of growth, in a blow to global supply

A prolonged property crisis has weighed on China’s economy this year, while the steady uptake of new-energy vehicles and trucks powered by gas are flashing bearish signs for future oil demand.

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CEOs ‘cautiously optimistic’ about China’s economy amid ‘new competitive reality’

Confidence in Chinese business climate inches up as consumption slump, geopolitics and local competition test resilience, survey says.

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EU’s tariffs may stall SAIC’s exports of EV but do little to keep BYD at bay, analysts say

The additional tariffs the EU plans to levy will not be severe enough to shut most Chinese-made electric vehicles (EVs) out, as the cost advantages of companies like BYD will outweigh the curbs, analysts say.

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The battle for Gen Z social shoppers

If TikTok is banned in the US, where might its social shoppers go?

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Could China strangle Europe’s weapons output with cotton?

European politicians and arms producers have complained that China has cut its supply of nitrocellulose, known as guncotton, but experts say Europe would rather not ramp up production.

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Beatrice Advisors launches to serve millennial and Gen Z investors from diverse backgrounds

Beatrice aims to make education and accessibility paramount since many young inheritors will be new to managing wealth amid the 'great wealth transfer.'

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Stellantis aims to correct 'arrogant' mistakes in U.S. market, CEO says

At the company's investor day, Stellantis executives also laid out how they plan to achieve ambitious financial targets amid industry and economic uncertainty.

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Netflix hunts for a production partner for its Christmas NFL games

Netflix will stream NFL games on Christmas Day over the next three years. Now the streaming giant needs a production partner.

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Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties

Foundation was started in April by Synapse CEO Sankaet Pathak, Tribe Capital CEO Arjun Sethi, and LeBlanc, cofounder of Cobalt Robotics.

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Stellantis plans to grow Jeep sales 50% by 2027

Stellantis expects to grow sales of Jeep vehicles during the next three years to roughly 1.5 million units globally.

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Tyson Foods suspends CFO after second arrest

Tyson had previously been arrested two years ago for falling asleep in the wrong house.

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Ford ends EV dealership program that required hefty investment to sell electric models

Amid slower-than-expected demand, Ford will open EV sales to all of its dealers.

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From dying mall brand to Wall Street winner: How Abercrombie & Fitch pulled off retail's biggest comeback

Abercrombie & Fitch nearly faded into irrelevance, but under the direction of CEO Fran Horowitz, it has transformed into one of Wall Street's biggest winners.

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China’s ‘super apps’, visa-free travel help send high fives – and cash – to Singapore goalie

A Muslim food stall owned by footballer Hassan Sunny has been inundated with gracious Chinese fans who also took advantage of a new visa-free-travel policy with Singapore.

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Here's what's next for Paramount after Skydance deal is stopped in its tracks

Shari Redstone's National Amusements stopped deal talks between Paramount Global and Skydance. What's next for the media giant with three leaders at the helm?

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China vows new-energy regulations to optimise industry, while still refuting ‘overcapacity’

Beijing will help guide the green sector that has come under increasing fire from the West, and the threshold for market entry will be raised with higher standards.

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China’s central bank backs Beijing’s property destocking plan as housing sales crawl

China’s central bank has backed the government’s plans to absorb the nation’s unsold homes and fix an inventory overhang which a data provider said could take as long as 18 months to work through.

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Sony Pictures is buying Alamo Drafthouse theater chain

Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America.

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Chinese EV makers’ price wars in overseas markets will sow doubts over quality: Bain

Bain advises Chinese assemblers, which already enjoy a cost advantage, to focus on premium models when building their global image, rather than selling cheaper cars to lure budget-conscious consumers.

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'We are creating new crops five-times faster'

How artificial intelligence is increasingly helping the arable farming sector.

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Influencer Jake Paul launching men's skin, personal care line at Walmart

The line, called W, will feature products priced at less than $10 and looks to tap into the growing market for men's grooming.

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Fisker recalls thousands of Ocean EVs for safety and compliance issues

The company issued voluntary recalls for at least 11,000 Ocean SUVs across the U.S., Canada, and Europe for software-related issues.

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Southwest CEO vows change as activist investor pushes for new leadership

Elliott Management on Monday disclosed a nearly $2 billion stake in Southwest Airlines and said it wanted new leadership.

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At Stellantis investor day, cost cuts and China come into focus

Stellantis has aggressively cut operations under Tavares, with some executives describing the measures as difficult or grueling.

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New US wave of Ukraine sanctions includes targets in Hong Kong and mainland China

‘We are increasing the risk for financial institutions dealing with Russia’s war economy and eliminating paths for evasion,’ US Treasury Secretary Janet Yellen says.

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China’s fast fashion, globally popular shopping apps prove boon to Shenzhen’s e-commerce sector

Recognising the industry’s role in boosting China’s economy, the State Council gets behind a new plan to help e-commerce-related enterprises ‘go global’ and build overseas warehouses.

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China’s Xi Jinping again calls for greater corporate governance at state-owned firms ahead of third plenum

Ahead of July’s third plenum, fresh comments by the president offer insight into what sort of economy-boosting reforms will be prioritised.

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5 critical shifts Chinese firms need to make to be successful

The formula for success has fundamentally changed and the strategies that led to success in the past decade will not ensure the same outcome again.

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With CPI rebounding for fourth month, has China shrugged off deflation fear?

May’s consumer price index figures remain well below government control target but have stayed the same as the April increase.

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The sceptics say Hong Kong is over. China’s trajectory says otherwise

Beijing’s plan to become a developed economy within the next decade bodes well for Hong Kong’s status as a global financial centre.

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National Amusements stops discussions with Skydance on Paramount deal, sources say

Share Redstone's National Amusements has stopped talks with Skydance on proposed merger deal with Paramount Global, CNBC reported Tuesday.

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'Insane' amounts of data spurs new storage tech

Storing information with holograms and in glass is being proposed to deal with a deluge of data.

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China’s ‘freedom to eat beef’ belies farmers’ mood of udder chaos as cash cow hits tipping point

Beef prices are down sharply in the past year, hitting China’s agriculture industry amid broader deflationary pressure.

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China hits out at keyboard warriors, closes accounts to rectify chaos of ‘smearing’ firms

China’s internet watchdog closed dozens of social media accounts over dissemination of false and misleading information concerning companies and entrepreneurs.

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China EVs: Xpeng unveils Mona brand with eye on mass-market buyers, global leader BYD

The Guangzhou-based carmaker will officially launch the M03 EV and development strategy for the brand at an official ceremony late next month.

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China property crisis: Dexin joins list of developers ordered to liquidate in Hong Kong

Dexin China Holdings joins the growing list of troubled Chinese property developers facing liquidation as impatient creditors take them to court in an attempt to claw back their money.

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China’s travel spending surges over Dragon Boat holiday, signals more ‘stable’ tourism market

Three-day holiday figures bode well for the coming summer vacation, with students expected to help drive domestic tourism.

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China risks falling behind in the AI race, but can a cutthroat price war balance the scales?

In this week’s issue of the Global Impact newsletter, we take a look at the price war that is developing in China as tech firms fight to keep up with the likes of Nvidia.

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Land, sea and air: 5 visa-free ways to travel to mainland China from 72 hours up to 30 days

Mainland China has rolled out policies, including visa-free entry, to boost its tourism sector that was hit hard by three years of the coronavirus.

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Why the EU might be about to make Chinese electric cars more expensive

Brussels is widely expected to introduce tariffs on Chinese electric vehicles coming to Europe.

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Beijing can restore private sector confidence with another third plenary ‘magic touch’

Deng Xiaoping and Jiang Zemin used third plenary sessions to usher in new eras of growth. Beijing should do it again.

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Have Milei's first six months improved the Argentine economy?

Javier Milei has been Argentina's president for half a year - how has it gone?

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Price hikes and boycotts: Is trouble brewing at Starbucks?

The coffee giant is suffering as customers "lose it" over price hikes and other controversies.

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How 'Swiftonomics' is impacting the music industry

The Eras tour, which has arrived in Edinburgh, is reckoned to be pushing her wealth well north of $1bn.

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The rise and rise of fashion giant Shein

The retailer could be heading for London's stock market, but its rise has not come without controversy.

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Why is Nvidia boss the 'Taylor Swift of tech'?

Jensen Huang is at the forefront of an AI boom, which coincides with Nvidia's rise as a leading chip firm.

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Concern rises over AI in adult entertainment

AI in adult entertainment could have negative effects on society and individuals, experts say.

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Why Canadians are angry with their biggest supermarket

Food prices, including a $40 chicken, has stoked fury and calls for big foreign supermarket chains to come to Canada.

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Could AI put an end to animal testing?

Artificial intelligence systems are increasingly being used to help test new drugs and chemicals.

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