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Diplomatic tensions are rising here in London. On Tuesday, the British foreign ministry summoned the Chinese ambassador for an official reprimand. The day before, the police charged three men with aiding the Hong Kong intelligence service and forcing entry into a residential address.
As part of Tesla's massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it's cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto.
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after the company reported record full-year sales, even as Asia-Pacific spending waned.
BEIJING — Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to finish construction on pre-sold properties.
The crew of the Dali, the ill-fated vessel that slammed into Baltimore’s Francis Scott Key Bridge, causing its collapse, are still on board nearly two months after the deadly disaster.
China remains a "critical supplier" to the world and efforts for a full decoupling remain "difficult, if not impossible," a trade report by Allianz Trade said.
European Central Bank board member Isabel Schnabel warned against back-to-back rate cuts amid lingering inflation risks, Nikkei reported Friday, as the central bank gears for its June meeting amid expectations of a rate cut.
Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative paralysis, the United Nations, the World Bank and Western donors told the government in a letter seen by Reuters.