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Business

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China’s Xi Jinping reassures private sector on policy stability

China's Xi assures businesses, including Jack Ma, of country's stability

BANGKOK, Thailand: China's President Xi Jinping met with private sector leaders this week and assured them that the government's policies...

Microsoft makes $700m investment in Poland’s cybersecurity

Microsoft to invest $700 million to boost Poland's cybersecurity

WARSAW, Poland: Microsoft has announced a major new investment of $700 million in Poland to strengthen the country's cybersecurity...

December sales growth in US revised up to 0.7% from 0.4 %

US retail sales post biggest drop in two years amid winter freeze

WASHINGTON, D.C.: Retail sales in the U.S. fell by the most in nearly two years in January, likely due to cold weather, wildfires,...

Standard and Poor's 500 closes at new all-time high

Dow Jones rises 71 points Wednesday, S&P 500 hits new high

NEW YORK, New York - U.S. stocks moved modestly higher on Wednesday with the Standard and Poor's racking up a new all-time closing...

Bundesbank chief warns US tariffs could hurt Germany for years

Germany at particular risk from US tariffs, Bundesbank warns

FRANKFURT, Germany: Germany faces significant economic risks from potential U.S. trade tariffs, which could dampen growth for years...

Italy’s Termoli plant shifts from EV batteries to hybrids

Stellantis to produce hybrid components at Termoli plant

MILAN, Italy: Stellantis announced this week that it will begin producing hybrid vehicle components at its Termoli plant in southern...

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