Category: Ties
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Fuel Ventures secures £20m Chinese investment round, strengthening UK-China tech ties
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Fuel Ventures, one of the UK’s leading venture capital funds, has announced the closing of a £20 million investment round backed by key Chinese investors, including Shijingshan Industrial Fund and Zhongguancun Development Group. The deal underscores the UK’s attractiveness as an emerging destination for Asian capital and paves the way…
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Reeves reassures on trade as Trump tariffs threaten UK-US economic ties
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British Chancellor Rachel Reeves played down fears of escalating protectionism in light of Donald Trump’s expected new trade tariffs, stressing Britain’s commitment to a strong economic relationship with the United States. In her first comments after Trump’s re-election, Reeves stressed the UK’s determination to support “free and open trade” between…
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Norwegian firm disinvests from Palantir over Israel ties
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A large Norwegian investment and asset management company has decided to sell its shares in an American company Palantir Technologies (NYSE: PLTR), an artificial intelligence services company known for its security products, and for its work with armed forces such as those of Ukraine and the United States, and more…
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EU plan to press ahead with China EV tariffs bad for ties and green ambitions -Xinhua By Reuters
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BEIJING (Reuters) – The European Commission’s decision to press ahead with tariffs on Chinese-made electric cars threatens to undermine decades of cooperation between China and the European Union and jeopardize climate change goals, Xinhua news agency said on Saturday. The European Union said on Friday that it would go ahead…
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France’s Macron visits Serbia to boost EU ties, discuss Rafale deal By Reuters
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Written by Alexander Vasovich BELGRADE (Reuters) – French President Emmanuel Macron heads to Belgrade on Thursday to strengthen ties with Serbia and bring it closer to the West as the Balkan country tries to reconcile its bid to join the European Union with close ties with Russia and China. During…
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Kamala Harris Ties With Trump At 49% Election Odds On Polymarket
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Photo: Getty Images Polymarket, known for its real-time forecasts of a wide range of political and economic events, has been closely following the likely 2024 election scenario. According to Latest dataKamala Harris has a 49% chance of winning the presidency, while Donald Trump also has a 49% chance of winning…
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Over 30 Chinese firms cut ties with PwC amid Beijing’s pressure over Evergrande scandal
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PricewaterhouseCoopers has seen a major loss of major clients in China after pressure from Beijing, which has urged state-owned companies to cut ties over the firm’s involvement with troubled property developer Evergrande. Over the past few months, China’s Ministry of Finance has issued “enforceable guidance” – informal verbal instructions –…
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UAE Shows Regional Diplomatic Sway With Gaza Aid, Ties to Israel
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Breadcrumbs Path Links PMN Business A piece of Abu Dhabi has arrived in El Arish, a small town in North Sinai about 50 kilometers from Gaza. Once rarely visited by outsiders, this coastal spot is now teeming with Emirati volunteers in cargo pants and beige vests emblazoned with the UAE…
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J.D. Vance’s Venmo shows ties to group behind Project 2025
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In recent years, public government officials’ Venmo accounts have brought a string of embarrassing news stories to a member of Congress, a Supreme Court justice, and even the current president of the United States. But despite these cautionary tales, Republican vice presidential candidate J.D. Vance has become the latest politician…
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India boosts defense ties with Bangladesh as it tries to become a counterweight to China
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Breadcrumb links BMN Business Article writer: Associated Press Ashok Sharma Posted on June 22, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content NEW DELHI (AP) — India and Bangladesh on Saturday moved to…
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China’s Premier Li arrives in Australia, says ties ‘back on track’ By Reuters
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Written by Kirsty Needham SYDNEY (Reuters) – Chinese Premier Li Qiang arrived in Australia on Saturday, saying relations were “back on track” at the start of the first visit by a Chinese premier to the major trading partner in seven years. Australia is “uniquely positioned to connect West and East”…
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China’s Premier Li arrives in Australia, says ties ‘back on track’ By Reuters
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Written by Kirsty Needham SYDNEY (Reuters) – Chinese Premier Li Qiang arrived in Australia on Saturday, saying relations were “back on track” at the start of the first visit by a Chinese premier to the major trading partner in seven years. Australia is “uniquely positioned to connect West and East”…
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US, Kenya look to strengthen business, trade ties By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – The United States and Kenya announced on Friday that they will hold a new round of trade talks next month, as the two countries eye new trade agreements and look to strengthen economic ties. Kenyan President William Ruto arrived in Washington for a…
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Saudi crown prince, US national security adviser meet on Gaza, bilateral ties By Reuters
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CAIRO (Reuters) – Saudi Crown Prince Mohammed bin Salman and White House National Security Advisor Jake Sullivan met to discuss the Israeli war in Gaza and seek to complete a broad bilateral agreement, the Saudi Press Agency reported on Sunday. A statement issued by the ministry said that the meeting…