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HONG KONG (AP) — China’s internet watchdog on Thursday fined ride-hailing firm Didi Global more than 8 billion yuan ($1.2 billion) following an investigation into the company’s cybersecurity practices. Read More
Russia is resuming supplies of gas via a major pipeline to Europe on Thursday, the pipeline operator said, amid concerns Moscow would use its vast energy exports to push back against Western pressure over its invasion of Ukraine. Read More
BEIJING — Copper prices fell on Thursday on worries over a weakening demand outlook after bleak U.S. housing data pointed towards an economic slowdown. Read More
The Bank of Japan raised its inflation forecast on Thursday, but maintained ultra-low interest rates and warned of risks to the economic outlook in a sign it will remain an outlier among a global wave of central banks tightening monetary policy. Read More
LONDON — Debt-laden Italy finds itself in markets’ crosshairs again, as a collapse in its national unity government coincides with the European Central Bank preparing to deliver its first interest rate rise in 11 years. Read More
Alan Sugar is under pressure to clarify his tax status in the UK after he took a leave of absence from the House of Lords and paid himself a £390m dividend. The Financial Times are reporting that the British entrepreneur and star of the UK and Australian version of The Apprentice received the payment from […]