Philip Morris CEO Calls On The UK To Ban Cigarettes Within 10 Years
Company
Star Entertainment Withdraws $9 Billion Crown Resorts Merger
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Toyota Shuts Thailand Plants Owing To Parts Shortage
"Toyota blamed the shortage of parts on disruptions to the supply chain caused by the pandemic. -
Mercedes Outlines Shift To All-Electric By 2030
"However, Mercedes will only sell electric cars "where market conditions allow."
The Latest
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Yum China CEO says to focus store expansion on smaller cities
KFC operator Yum China Holdings is focusing its store expansion efforts in China on smaller cities, as demand there has recovered from the pandemic much quicker than that in the country's major centres, its chief executive said on Thursday. 
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Apple Removes Fortnite From App Store As Legal Battle Continues
Apple said it will not consider any reinstatement requests from Epic until a judge issues a final and non-appealable decision. 
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White House To Preside Over Chip Shortage Meeting With Intel, Apple, Microsoft Execs
Representatives from Taiwan Semiconductor, Stellantis, Samsung Electronics, BMW, and Micron Technology are also expected to attend. 
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Indian Software Company Freshworks Hits $13 Billion Valuation In Wall Street IPO
Freshworks shares settled at $47.55 Wednesday in New York trading. 
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Xiaomi says its devices do not censor users following Lithuania report
China's Xiaomi Corp said on Wednesday that its devices do not censor users' communications, a day after Lithuania's Defence Ministry recommended that consumers avoid Chinese phones due to a censoring feature in the smartphone giant's flagship phone. 
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China Evergrande domestic debt deal calms immediate contagion concern
China Evergrande agreed to settle interest payments on a domestic bond on Wednesday, while the Chinese central bank injected cash into the banking system, soothing fears of imminent contagion from the debt-laden property developer. 
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China Strategic seeks to offload 1.4% stake in Evergrande vehicle unit
Securities trading and money lending company China Strategic Holdings Ltd said on Tuesday it planned to sell up to a 1.37% stake in a unit of indebted developer China Evergrande Group - and could do so at a significant discount. 
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With Gucci bags and Dyson appliances, Evergrande wooed retail investors
Lured by the promise of yields approaching 12%, gifts such as Dyson air purifiers and Gucci bags, and the guarantee of China's top-selling developer, tens of thousands of investors bought wealth management products through China Evergrande Group. 
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China Evergrande's rising default risks shift focus to possible Beijing rescue
Persistent default fears eclipsed efforts by China Evergrande Group's chairman to lift confidence in the embattled firm on Tuesday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy. 
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Shell To Sell Permian Basin Business To ConocoPhillips For $9.5 Billion
Royal Dutch Shell agreed to sell its Permian Basin to rival ConocoPhillips for $9.5 billion in cash. 
