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Most U.S. companies in China optimistic about Biden administration: business group

Over 60% of American businesses in China are more optimistic about doing business in China after the results of the United States...

Nike swings to quarterly loss on COVID-19 impact; shares fall

Nike Inc  on Thursday reported a loss for the fourth quarter, as retailers had to shut stores for weeks due to lockdowns spurred by...

The 92-year-old founder of Hello Kitty is handing the business to...

The 92-year-old who founded the company that created Hello Kitty is leaving after 60 years and handing control to his grandson. Shintaro Tsuji will retire...

Britain’s Rolls-Royce to cut 9,000 jobs amid air travel slump

Britain’s Rolls-Royce  said it would cut at least 9,000 jobs from its global staff of 52,000 to adapt to the much smaller aviation market...

Pope to endorse principles on AI ethics with Microsoft, IBM

Vatican officials on Friday planned to release principles promoting the ethical use of artificial intelligence (AI), with the backing of Microsoft Corp and International...

U.K. Economy Wilts as Brexit Jitters Hit Business Investment

The U.K. economy buckled under the strain of Brexit uncertainty in the fourth quarter. Gross domestic product increased a smaller-than-forecast 0.2 percent, compared with 0.6...

South Africa May Miss Corn-Harvest Forecast on Drought, Agbiz Says

South Africa is likely to miss forecasts for corn production this year because dry weather conditions have delayed plantings and possible frost at the...

Instagram’s founders are leaving the company

  The founders of Instagram have resigned from the business they started eight years ago in San Francisco and built into a global phenomenon used by a...

Employed by China

Zhang Huarong points out of his office window to a bleak block of grey portacabins at the Huajian International Shoe City, in Addis Ababa....

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