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China's global competitiveness ups as US skids in ranking

HongKongSpecialAdministrativeRegion(SAR)wascrownedastheworld'smostcompetitiveeconomyforthesecondyearinarow,toppingalistof63economies,accordingtoanannualrankingc

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St.Petersburg International Economic Forum sees participation up 15%

Representativesfrommorethan500foreigncompaniesandtheheadsofmajorinternationalorganizations,suchastheUNandtheIMF,areattendingtheannualSt.PetersburgInternationalE

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New business and old ties on agenda as Modi tours Europe

Indian Prime Minister Narendra Modi will depart Monday for a four-nation tour of Europe that will include strategic talks with historic ally Russia and with key trading partner Germany.

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Innovation in Qianhai Free Trade Zone paves way for financial industry

ByAPDWriterHeWeiTaxrevenueoffinancialindustryhasdoubledin2016onayearlybasisAccordingtoareportreleasedbytheChinaSecuritiesJournal,asoftheendof2016,51,188financia

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TPG ups bid for Australia's Fairfax Media

AconsortiumledbyprivateequitygiantTPGCapitaluppeditsofferfortroubledFairfaxMediaMondayandnowwantstobuyouttheentirefirm.LastweekTPGandtheOntarioTeachers'PensionP

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Affordable business dining at Seoul's hotel restaurants

The anti-graft law, which was implemented in September, has put a brake on an important part of Korean culture _ that of taking a current or potential business partner out to lunch or dinner _ as it was considered a root cause of widespread corruption.

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London's Chinatown, West End threatened by massive hike in business rates: city mayor

London's famous shopping high streets as well as the capital's appeal as a destination for international visitors and investors are under threat because of a massive rise in business taxes, mayor Sadiq Khan warned Tuesday.

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Australia Post boss paid 10 times more than PM

Australian Prime Minister Malcolm Turnbull has called on the country's state postal operator to reconsider the pay awarded to its chief executive.

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China's state travel operator boycotts Japanese hotel chain over Nanjing Massacre denials

China International Travel Service Limited announced on Wednesday that it will end all business relations with a Japanese hotel chain which refused to remove books from its guest rooms denying the Nanjing Massacre took place.

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Davos elite faces evaporating trust in 'post-truth' era: Report

Trust in governments, companies and the media plunged last year as ballots from the United States to Britain to the Philippines rocked political establishments and scandals hit business.

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Trump on alleged US election interference by Russia:"We ought to get on with our lives"

United States President-elect Donald Trump distanced himself on Wednesday night (Dec 28) from President Barack Obama's administration's plans to punish Russia for its alleged interference in the 2016 presidential election, telling reporters "I think we ought to get on with our lives."

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Companies support family-friendly business trips

What should parents do with their children when they go on business trips? An increasing number of companies are allowing their employees to take their young family members with them.

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From Designer to CEO, Alexander Wang Is a Man with a Plan

In his first sit-down interview as CEO of the business that bears his name, Alexander Wang speaks exclusively to Imran Amed about his plans for the future.

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Trump to be ‘taken completely out’ of running the family businesses, he tweets

President-elect Donald Trump said on Wednesday he plans to leave his business “in total” to focus on the White House and will discuss the matter at a news conference December 15 in New York with his children, some of whom are business associates.

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Meitu sets out monetization plan

Company also reveals some of its businesses can break even by 2017

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British PM May to unveil industrial strategy to spur "ambitious" ideas

Prime Minister Theresa May will unveil her new industrial strategy on Monday, pledging to spend billions of pounds on science, technology and research to spur a new "ambitious" way of doing business in Britain.