Author: super@dmin
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Dow Jones Newswires: China’s Shijiazhuang Shangtai Technology plans Shenzhen IPO
Shijiazhuang Shangtai Technology is planning an initial public offering in Shenzhen as the boom in New Energy Vehicle industry boosts the demand for the company’s anode materials that the Hebei-based company makes for lithium-ion batteries.
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The Wall Street Journal: Southwest Airlines cancels more than 60% of its flights amid brutal travel weekend
Southwest Airlines Co.’s operations were in disarray Monday after a brutal weekend in which many airlines struggled, but Southwest’s woes stood out.
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The Wall Street Journal: China set to open borders as COVID treatment downgraded despite surge in new cases
Fever clinics and hospital emergency rooms in China’s capital were overflowing with patients on Monday as Chinese health authorities announced plans to downgrade treatment of COVID-19, a move that clears the way for the country to open its borders to international arrivals without quarantines.
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The Wall Street Journal: Tesla extends shutdown at Shanghai plant amid COVID outbreak among workers
Planned eight-day production halt at largest worldwide plant by output has been extended, according to people familiar with the matter.
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: Eat, drink and be merry: Here’s where shoppers have been spending the most money this holiday season
A new SpendingPulse survey by Mastercard showed that spending at dining establishments surged 15.1% in 2022 vs. 2021, surpassing even the 10.6% growth in online retail spending.
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The Wall Street Journal: Over-the-counter overdose-reversal drug from nonprofit pharma group wins fast-track U.S. review
Harm Reduction Therapeutics says it plans to produce 2 million doses of 3-milligram naloxone nasal spray, called Rivive, per year.
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: Tesla suspends production at Shanghai plant for planned break
Tesla suspended production at its Shanghai plant on Saturday, bringing ahead a previous plan to pause most work at the plant in the last week of December, Reuters reported Saturday.
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: These are the China stories to watch in 2023
If China can weather its current explosion of COVID cases, government support for a range of sectors, an expected consumer rebound and ongoing property support are predicted to help revive the country’s economic malaise in the coming year.
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Your Digital Self: People have gone wild over ChatGPT. Here are the practical uses for marketers, programmers and journalists
The AI technology can help nearly anyone generate ideas and improve their work.
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: The fight for Trump’s tax returns is over, but it could rev up the fight over IRS funding
A Ways and Means Committee report said the IRS mandatory audit program was ‘dormant’