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Tech and auto execs tackle global chip shortage at White House summit

A collection of tech and auto industry executives met with the White House to discuss solutions for the worldwide chip shortage Monday.CEOs from Google, Intel, HP, Dell, Ford, and General Motors atten

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Coronavirus pandemic 'a long way from over', WHO's Tedros says

HO Director-General Tedros Adhanom Ghebreyesus./Getty Images Confusion and complacency in addressing COVID-19 means the pandemic is a long way from over, but it can be brought under control in

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Brazil's virus outlook darkens amid vaccine supply snags

April is shaping up to be Brazil's darkest month yet in the COVID-19 pandemic, with hospitals struggling with a crush of patients, deaths on track for record highs and

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Global manufacturing activity further expands in March: index

The global manufacturing sector expanded at a faster pace last month, according to an index published by the China Federation of Logistics and Purchasing (CFLP).The global manufacturing purchasing ma

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All aboard! Next stop space ...

Virgin Galactic, a vertically integrated aerospace and space travel company, reveals the cabin interior of its first SpaceShipTwo vehicle, VSS Unity in 2020. /CFP Several hundred people have a

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Brazil's virus outlook darkens amid vaccine supply snags

Patients wait for test results in a temporary room of the municipal hospital in Sao Joao de Meriti, Rio de Janeiro state, Brazil, April 8, 2021. /AP April is shaping up to be Brazil's darkest

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Behind scrutiny of leading figures in Chinese financial holding firms

The People's Bank of China headquarters in Beijing. /Xinhua Editor's note: Matteo Giovannini is a finance professional at the Industrial and Commercial Bank of China in Beijing and a member of

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Cuba says it's 'betting it safe' with its own Covid vaccine

Cuba is "betting it safe" with the later development of their own Covid-19 vaccines and encouraged by what they're seeing in late stage and experimental studies, a top

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Boris Johnson won't attend Prince Philip's funeral

UK Prime Minister Boris Johnson won't attend Prince Philip's funeral.The Duke of Edinburgh's funeral will take place next Saturday (17.04.21) at St George's Chapel in W

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Global PC shipments up 55% in Q1 2021 due to 'unfulfilled demand'

Global shipments of PCs rise 55.2 percent in Q1 2021. /CFP Global shipments of traditional personal computers (PCs), including desktops, notebooks, and workstations, rose by 55.2 percent year

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'Status Snafu': Turkey 'Almost Downgraded' von der Leyen to Michel's Aide, Media Claims

On Thursday, Turkish Foreign Minister Mevlut Cavusoglu rejected Brussels' "unfair" accusations against his country over the seating incident during President Recep Tayy

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A New Deal for informal workers

Workers seen relaxing in Mohakhali bus terminal in Dhaka as the bus counter is closed due to the lockdown, April 5, 2021. /Getty Editor's note: Marty Chen is Senior Adviser at Women in Informa

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Biden's infrastructure plan: What, why and global economic impacts

U.S. President Joe Biden delivers remarks on the investments in the American Jobs Plan in Washington, D.C., the United States, April 7, 2021. "American roads are not good because America is ri

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IMF official on global challenges in poverty and climate change

03:21 According to the IMF's 2021 World Economic Outlook, the global economic recession amid the COVID-19 pandemic is expected to push an estimated 95 million people into extreme pover

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Mortgage is suddenly sexy as SoftBank pumps $500M in Better.com at $6B valuation

Digital mortgage lender Better.com has raised a $500 million round from Japanese investment conglomerate SoftBank that values the company at $6 billion.The financing is notable for a few reasons. For

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TSMC Q1 sales rise by 17% as chip demand surges

Contract chipmaker Taiwan Semiconductor Manufacturing Co. on Friday reported record sales for three quarters running, consolidating its status as the world's No. 1 maker of advanced chips. The Taiwan

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China's service trade deficit narrows sharply

China recorded a service trade deficit of 43.28 billion yuan (about $6.61 billion) in the first two months of this year. It was down by 77.2 percent from the same perio