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Nvidia nears deal to buy chip designer Arm for over $40 bln: sources

A woman walks past a SoftBank mobile store in Tokyo on August 11, 2020. /VCG Nvidia Corp. is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp. for more than 4

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WSJ: Strong export will further boost China's economy

One of the Chinese economy driving forces, export, continues to gain momentum in August, with China's major trading partners, including the U.S., recovering from the COVID-19, and buying more from Ch

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Dow ends with best August since 1984, Nasdaq at record

American flags hang outside at the New York Stock Exchange after the Opening Bell at the NYSE in New York City on Monday, August 24, 2020. /VCG Wall Street closed out a banner August with a mi

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Chinese EV startup Xpeng Motors raises $1.5 billion in U.S. public market debut

Chinese electric vehicle startup XPeng Inc. raised $1.5 billion through an initial public offering in the U.S. as investor interest in EVs and clean energy outstripped concerns over escalating tension

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Netgear debuts a new 15.6-inch Meural WiFi Photo Frame with automatic album syncing

Smart frames as a gadget category might seem like they’ve already had and passed their moment in the sun, but Netgear’s Meural line, which originated with large connected smart canvases,

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Pinduoduo Q2 operating loss widens, order volume growth slows

Pinduoduo Inc. was listed on the Nasdaq exchange in New York on July 26, 2018. /VCG Chinese e-commerce company Pinduoduo has reported a bigger second quarter operating loss as it grappled with

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Competition to heat up among U.S. stock exchanges with new entrants

Three new U.S. stock exchanges are set to launch by the end of September, vying for market share against incumbents like the New York Stock Exchange and Nasdaq Inc, which have benefited from elevated

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Tesla's soaring stock cracks 2,000 U.S. dollars ahead of share split

Shares of Tesla Inc surged past the mark of 2,000 U.S. dollars on Thursday for the first time as the electric car maker extended its recent rally ahead of an upcoming share split. The company's stock

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Apple market value tops $2trn as virus crisis drives tech surge

Apple has seen its market value hit $2trn for the first time as shares in US tech companies enjoy a surge in popularity during the coronavirus pandemic.The iPhone-maker's stock reached the milestone

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China's Geely Automobile first-half profit drops 43%

China's Geely Automobile Holdings Ltd said on Monday first-half net profit fell 43 percent, as the coronavirus outbreak slammed the brakes on auto sales in the world's biggest market.Geely, China's h

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China Sinopharm's COVID-19 vaccine candidate seems to work: Journal

The company logo of Sinopharm Group Co Ltd is displayed in Hong Kong, China, on March 29, 2016. /Bobby Yip via ReutersA coronavirus vaccine candidate developed by a uni

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S&P 500 finishes within points of record high close

The SP 500 jumped on Wednesday but finished just short of its February record closing high, in a broad rally led by tech-related stocks.The index in afternoon trading briefly surpassed its record hig

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Repairs underway after ancient city wall collapsed in Xi'an

Repair work on a collapsed section of Ming Dynasty (1368-1644) wall in Xi'an, capital of northwest China's Shaanxi Province, is underway after crumbling bricks crushed

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China July auto sales surge 16.4%, marking fourth month of gains

Newly manufactured cars are seen at a port in Dalian, Liaoning province, China, April 10, 2020. /Reuters China's auto sales in July climbed 16.4 percent from a year earlier, the fourth consecu

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Repair Work at Beirut Port Hangar May Be Cause of Explosion, Lebanese Defence Council States

A meeting of the Lebanese Supreme Defence Council said that a massive blast in the port of Beirut on Tuesday evening might have been the result of maintenance work at t

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Israel accelerates move to implement annexation plan: Palestinian official

A senior Palestinian official said on Tuesday that Israel is accelerating its move to implement the plan of annexing parts of the West Bank. Walid Assaf, head of the National Commission to Resist the

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Homicides surge in 50 largest cities in U.S.: report

Homicides have surged 24 percent this year in the 50 largest cities across the United States, against the backdrop of a coronavirus pandemic, an economic slash and a national unrest over racial in