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Global Business Daily: China bucks 'Asian recession,' Gulf deals

"To really get out of this pandemic mess, we need proper, true global coordination."That's the view of Jim O'Neill, the chair of London-based global think tank Chatham House, on how the China-EU virt

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Global Business Daily: Brexit wrangling, Apple-Epic suit, Beckham IPO

"Pacta sunt servanda = the foundation of prosperous future relations."That's latin for "agreements must be kept," and it was part of a straightforward message from European Commission President Ursul

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Global Business: New EU trade chief, $11m tomatoes, Walsh exits IAG

"We are currently in turbulent waters in regards to global trade relations."That's newly trade-focused European Commissioner Valdis Dombrovskis, who was speaking at the 20th annual Brussels Economic

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Global Business Daily: Samsung wins $6.6bn 5G deal, Brexit bombshell

"I trust the British government to implement the Withdrawal Agreement, an obligation under international law and prerequisite for any future partnership."That was European Commission President Ursula

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Global BusinessDaily: Football shortfall, Brexit worries, Disney debut

"We are asking you to take seriously our concerns and listen to the detail."That was the plea from transport and logistics executives in a letter to the UK government today, as they requested a meeti

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Global Business Daily: Australian recession, Swiss trouble

"An awful and heart-breaking blow to Australians and their families."That's the straightforward way Australian Prime Minister Scott Morrison addressed the country's first recession since 1990 and its

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Global Business Daily: Zoom profits, retail resurge, European job data

"The retail industry globally was being profoundly disrupted even before the pandemic."That's Simon Freakley, CEO of AlixPartners, speaking to CGTN Europe as part of our Redesigning the Future series

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Global Business Daily: New Nolan film, cruises paused, Hogan pressure

"We're very clear on all three fronts he breached the guidelines. And that has been a difficulty in terms of confidence."The Irish prime minister Micheál Martin is only two months into the job of Tao

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Global Business Daily: Virgin deal, Ant Group IPO, KFC change

"Achieving this milestone puts Virgin Atlantic in a position to rebuild its balance sheet ... and welcome passengers back to the skies as soon as they are ready to travel."That's the joyous statement

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Global Business Daily: Porsche inquiry, China markets, Facebook tax

"During the height of the pandemic … Chinese users spent 120 minutes per day on live streams."I'm sure some of you will understand what Arnold Ma, CEO of Qumin, is talking about – and just as many wi

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Global Business Daily: WeChat boom in U.S., Turkey/Greece drilling row

"The European Union should urge Greece to act with common sense, rather than pampering the country."Turkey's foreign minister, Mevlüt Çavuşoğlu, does not have much sympathy for Greek and French milit

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Global Business Daily: U.S tariffs, TUI's $1.7bn loss, Riviera shut

"It... seems inexplicably slow."That's the view of Karen Betts, the CEO of the Scotch Whisky Association, reacting to the news that although the U.S. will not raise the tariffs on European goods it i

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Global Business: UK recession, Tencent boom, college football blow

"I said that hard times were coming. And... hard times are here."That's the UK's finance minister, Rishi Sunak, reacting to the news the UK has fallen into recession after a second successive quarter

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Global Business Daily: China-U.S. tech row, Italy asks EU for $33.6bn

"China firmly opposes the U.S. move to unjustifiably suppress TikTok and other non-US companies."That's the Chinese Ministry of Foreign Affairs spokesperson in Beijing, reacting to the warning from t

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Global Business Daily: Virgin bankruptcy, gold hits record price

"What’s drawing investors to gold now is not faith in gold itself, it's much more a lack of faith in other things."As the price of gold reaches historic highs – despite the general economic situation

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Global Business Daily: TikTok sale, BP crash, cinema's future

"These headline results have been driven by … the deliberate steps we have taken as we continue to reimagine energy and reinvent BP."That's BP's CEO Bernard Looney, in a statement following the lates

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Global Business: Chinese AI firm sues Apple over Siri, banks suffer

"Our operating environment has changed significantly since the start of the year."Admittedly, that could be anyone in 2020. But it's not, it's Noel Quinn, CEO of HSBC as the bank announced a cliff-ed