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Alphabet takes the wind out of its Makani energy kites

Google today announced that it is calling it quits on its efforts to build and monetize its Makani wind energy kites. Makani, which was founded in 2006, came into Google/Alphabet seven years ago as a

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Do trade shows still matter in the age of online business?

The death of Mobile World Congress 2020 started as a trickle. First, it was an understandably nervous ZTE. As a Chinese company, it was undoubtedly going to receive extra scrutiny — never mind that ZT

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Patreon enters the micro-lending game with Patreon Capital

Patreon, a platform for creators to earn monetary support from fans, is busting out the checkbook. The startup isn’t playing VC quite yet with newly-launched Patreon Capital but they are hocking

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Walmart reports lower-than-expected Q4 earnings, despite e-commerce sales growth of 35%

Walmart’s holiday quarter didn’t perform as expected. That’s the big news today from the retailer’s weak Q4 2019 earnings, which saw revenue of $141.67 billion versus t

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The plight of Palestinians

Editor's Note: Guy Burton is an adjunct professor at Vesalius College, Brussels. The article reflects the author's opinion, and not necessarily the views of CGTN.Over the week before last, Palesti

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Desert locusts spread to 17 districts in Uganda: gov't

Desert locusts have spread to 17 districts in Uganda, a top government official said Tuesday. Bright Rwamirama, minister of state for agriculture told reporters here that the affected districts are

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Gojek reportedly buys 4.3% stake in Indonesian taxi company Blue Bird

Gojek has paid $30 million to take a minority stake in Blue Bird, one of the largest taxi operators in Indonesia, according to Bloomberg, which first reported that the deal was in progress last month.

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How China's oil giants are contributing to anti-virus efforts

People would have never associated China's oil giants with masks without the epidemic, said a vice-chairman of the country's state assets regulator on Tuesday.Jointly get through a difficult ride"

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Why Riyadh's Vision 2030 is such a hard sell

Saudi Arabia's Crown Prince Mohammed bin Salman uses his phone in Riyadh, Saudi Arabia, January 12, 2020. /Reuters Photo Editor's note: Hannan Hussain is a security analyst at the South Asia C

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Feature: How Chinese nationals in Japan are doing their part to fight novel coronavirus

At a time when China is diligently fighting the novel coronavirus, Chinese nationals in Japan have donated medical supplies such as masks and protective suits to help

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The PBOC lowered the MLF interest rate

The People's Bank of China (PBOC) cut the interest rate of its medium-term lending facility (MLF) loans by 10 basis points to mitigate the impact of the COVID-19 outbreak on its economy.China's centr

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EU split over naval mission amid Libya arms embargo concerns

A number of European Union countries are still blocking any move to resume a naval operation in the Mediterranean Sea over concerns that it might encourage migrants to

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GM plans to pull out of Australia, New Zealand and Thailand

General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments rais

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Amazon founder commits $10bn to fight climate change

Jeff Bezos describes climate change as the "biggest threat to our planet" and plans to start distributing cash within months.

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China cuts MLF interest rate

China's central bank Monday cut the interest rate of its medium-term lending facility (MLF) loans by 10 basis points amid the country's efforts to mitigate the impact

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Asia becomes China's top overseas M&A destination in 2019: report

Driven by the Belt and Road Initiative, Asia became the most popular overseas mergers and acquisitions (MA) destination for Chinese enterprises last year, a report by t

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Coca-Cola donates medical supplies to support China's anti-virus fight

Medical supplies funded by the Coca-Cola Foundation, a philanthropic arm of the U.S.-based beverage giant Coca-Cola, arrived in Shanghai late Friday, as China seeks to