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Donald Trump joins TikTok and rapidly wins three million followers

By Jasper Ward (Reuters) – Roughly a day since joining TikTok, Republican presidential candidate Donald Trump had attracted 3 million followers on the short video social media platform that he tried to ban as president on national security grounds. The decision to join the platform on Saturday could help the former president reach younger voters …

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Labour Party has met with Shein ahead of potential UK listing – spokesperson

By Elizabeth Piper LONDON (Reuters) – The Labour Party, widely expected to take power in the next election in Britain, said it has met with Chinese-founded fast-fashion manufacturer Shein ahead of potential London-listing. “Labour has met a range of companies including Shein that are looking to invest or list in Britain,” a spokesperson for the …

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World’s biggest solar farm comes online in China’s Xinjiang

By Colleen Howe BEIJING (Reuters) – A Chinese state-owned company said on Monday it had connected the world’s biggest solar plant to the grid in northwestern Xinjiang. The 5-gigawatt (GW), 200,000-acre solar farm, in a desert area of the capital Urumqi, came online on Monday, a notice on the state asset regulator’s website said, citing …

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Pakistan selects six companies to bid for national carrier, says minister

ISLAMABAD (Reuters) – Pakistan on Monday selected six companies qualified to bid to buy national carrier Pakistan International Airlines, privatisation minister said. The announcement came a couple of weeks after Pakistan had extended the date for submitting expressions of interest. A total of eight companies and consortiums had expressed an interest. Air Blue, Arif Habib …

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India’s Modi plans post-election reforms to rival Chinese manufacturing

By Ira Dugal and Aftab Ahmed DHOLERA, India /NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter.  As part of an …

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Chinese refiner Rongsheng buys its first Canadian TMX crude oil cargo

By Florence Tan SINGAPORE (Reuters) -Chinese refiner Rongsheng Petrochemical has bought its first Canadian crude cargo via the recently expanded Trans Mountain pipeline (TMX) from TotalEnergies through a tender, several trade sources said on Monday. The 500,000-barrel cargo of Access Western Blend (AWB) crude will be delivered to Rongsheng’s refinery in Zhoushan in August, they …

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Japan to finalise long-term fiscal roadmap as early as June 21, sources say

TOKYO (Reuters) – Japan’s government will finalise this year’s long-term fiscal and economic roadmap as early as June 21, three government and ruling party sources told Reuters on Monday. Markets are focusing on whether the government will uphold or tweak its target to achieve a primary budget surplus, excluding new bond sales and debt servicing …

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Google says tech infrastructure investment in Singapore reaches $5 billion

Singapore – Alphabet’s Google said on Monday the completion of its data centre and cloud facilities expansion in Singapore meant it had invested $5 billion in its technical infrastructure in the Southeast Asian nation. The company said its data centres in Singapore employ over 500 people and are used to power services such as Google …

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Chinese courier giant S.F. Holding gets regulatory nod for Hong Kong listing

By Scott Murdoch and Selena Li SYDNEY (Reuters) – China’s S.F. Holding, the country’s largest express delivery company, said it has received regulatory approval for a second listing in Hong Kong, which it expects to complete in the next year. It is the latest company to receive the go-ahead for a listing outside the mainland …

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South Korea’s Yoon approves exploration of vast oil, gas prospects

By Ju-min Park and Jack Kim SEOUL (Reuters) -South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the nation that is one of the world’s largest energy importers. There is a “very high” possibility the …

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