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Harris raised quadruple Trump donations for final election sprint
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Harris raised quadruple Trump donations for final election sprint

Vice President and Democratic presidential candidate Kamala Harris (R) shakes hands with former President and Republican presidential candidate Donald Trump during a presidential debate at the National Constitution Center in Philadelphia on Sept. 10, 2024. Saul Loeb | Afp | Getty Images Vice President Kamala Harris substantially outraised and outspent former President Donald Trump in...

How Mexico is winning the trade war between the U.S. and China
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How Mexico is winning the trade war between the U.S. and China

A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico. Patrick T. Fallon | AFP | Getty Images New data shows a surge in trade between China and Mexico at a time of tough...

Mercedes shares slump after cutting 2024 guidance on weak China demand
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Mercedes shares slump after cutting 2024 guidance on weak China demand

An employee does final inspections on a Mercedes-Benz C-Class at the Mercedes-Benz US International factory in Vance, Alabama. Andrew Caballero-Reynolds | AFP | Getty Images Mercedes shares fell more than 8% Friday after becoming the latest carmaker to cut its guidance this year as sluggish demand in China and trade disputes weigh on the sector....

Alibaba launches over 100 new AI models, releases text-to-video generation
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Alibaba launches over 100 new AI models, releases text-to-video generation

The Alibaba office building is seen in Nanjing, Jiangsu province, China, Aug 28, 2024.  CFOTO | Future Publishing | Getty Images Alibaba on Thursday released more than 100 open-source artificial intelligence models and boosted the capabilities of its proprietary technology as it looks to ramp up competition with rivals. The newly-released models, known as Qwen...

Court backs Google’s challenge to the EU’s $1.7 billion antitrust fine
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Court backs Google’s challenge to the EU’s $1.7 billion antitrust fine

A Google logo displays on a smartphone screen and the European flag on a computer screen. Nikolas Kokovlis | Nurphoto | Getty Images The European Union’s second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) fine imposed on Google by regulators should be annulled, siding with the U.S. tech giant after it challenged...

China’s ultra-rich population growing faster than the U.S.: report
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China’s ultra-rich population growing faster than the U.S.: report

Staff members counting RMB cash deposited by customers in China’s Nantong city. Cfoto | Future Publishing | Getty Images The world’s super rich club expanded significantly over the past 10 years, with China leading the charge, according to the latest report from New World Wealth and investment migration advisor Henley & Partners. The number of centimillionaires...

Investors assess China data, await Fed verdict
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Investors assess China data, await Fed verdict

A man walks along The Bund during the passage of Typhoon Bebinca in Shanghai on September 16, 2024. The strongest storm to hit Shanghai in over 70 years made landfall on September 16, state media reported, with flights cancelled and highways closed as Typhoon Bebinca lashed the city with strong winds and torrential rains. Hector...

Shein and Temu prices poised to rise after Biden de minimis proposal
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Shein and Temu prices poised to rise after Biden de minimis proposal

A man walking past a logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China’s Guangdong province.  Jade Gao | Afp | Getty Images The bottom of the barrel prices that have made Chinese-linked e-tailers Shein and Temu so popular with American consumers could soon rise if the Biden administration...

China’s retail sales and industrial data miss expectations in August
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China’s retail sales and industrial data miss expectations in August

Pictured here is a shopping mall in Hangzhou, China, on Sept. 9, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s retail sales, industrial production and urban investment in August all grew slower than expected, according to National Bureau of Statistics data released Saturday. Retail sales rose by 2.1% in August from a year ago, missing expectations...

European office investment recovery led by UK
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European office investment recovery led by UK

People walk along London Bridge past the City of London skyline. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. is leading a recovery in Europe’s long subdued office real estate market, with overall investment in the sector expected to pick up further in the second half of the year. Britain recorded 4.1...