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China’s trade with US sinks in November amid tariff war

China’s trade with the United States sank again in November as negotiators worked on the first stage of a possible deal to end a tariff war. Exports to the United States fell 23% from a year earlier to $35.6 billion, customs data showed Sunday. Imports of American goods were off 2.8% at $11 billion, giving China a surplus with the ...

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China leads in electric, hybrid vehicle market: survey

Chinese consumers are much more likely than people in other major countries to purchase an electric vehicle or hybrid, showed a latest survey. There is gathering pace behind electric vehicle appetite with over 50 percent of respondents willing to consider an electric or hybrid vehicle next time they replace vehicles, according to the survey released this week by global consulting ...

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Iran unveils budget of ‘resistance’ against US sanctions

Iran’s President Hassan Rouhani on Sunday presented to parliament what he called a “budget of resistance” against crippling sanctions imposed by arch-enemy the United States. “Next year, similar to the current year, our budget is a budget of resistance and perseverance against sanctions,” Rouhani told parliament in remarks broadcast on state radio.

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India’s Maruti Suzuki recalls over 60,000 vehicles across 3 brands

India’s largest car manufacturer Maruti Suzuki has proactively recalled 63,493 certain petrol Smart Hybrid (SHVS) variants of Ciaz, Ertiga and XL6 vehicles, the company said in a statement to the Bombay Stock Exchange late Friday. The vehicles were manufactured by an overseas global part supplier between Jan. 1 to Nov. 21 this year for a possible defect with the Motor ...

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Space project eXTP to set example of good cooperation with China: Czech scientists

The enhanced X-Ray Timing and Polarimetry mission (eXTP) could set an example of good cooperation between the Czech Republic and China, said Czech scientists attending an international workshop on Astronomical X-Ray Optics which closed here on Friday. The eXTP is a China-led cutting-edge satellite observatory that aims to explore still mysterious celestial bodies, such as black holes and neutron stars. ...

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Saudi Aramco raises $25.6bn in world’s biggest share sale

State-owned oil giant Saudi Aramco has raised a record $25.6bn (£19.4bn) in its initial public offering in Riyadh, reports BBC. The share sale was the biggest ever, surpassing that of China’s Alibaba which raised $25bn in 2014 in New York.Aramco relied on domestic and regional investors to sell a 1.5% stake after lukewarm interest from abroad. The IPO will value ...

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Sun yields its secrets to Parker Solar Probe

NASA’s Parker Solar Probe, having survived its closest encounter so far with the Sun, has sent back a “spectacular trove” of data on its corona, the super-hot outer edge of its atmosphere, scientists said Wednesday. The car-sized probe, launched in August last year, will come within some four million miles (six million kilometres) of the sun’s surface during a series ...

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Holidays bring phishing scam surge aimed at small business

The email looked legitimate, so Danielle Radin clicked on the link it contained, expecting to have her products included in a holiday gift guide. “I instantly regretted it,” says Radin, owner of Mantra Magnets, a website that sells wellness products. “It took me to some random website that looked like those pop-ups telling you that you’ve won the lottery.” Within ...

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NASA to launch “robot hotel” to Int’l Space Station

The U.S space agency NASA is going to send a “robot hotel” to the outside of the International Space Station with the upcoming SpaceX commercial resupply mission. The Robotic Tool Stowage (RiTS), a protective storage unit for critical robotic tools, will be launched on Dec. 4 with SpaceX Dragon spacecraft, according to NASA. Its first residents will be two robots ...

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Google co-founders step down as execs of parent Alphabet

The co-founders of Google are stepping down as executives of its parent company, Alphabet, ending a remarkable two decades during which Larry Page and Sergey Brin shaped a startup born in a Silicon Valley garage into one of the largest, most powerful — and, increasingly, most feared — companies in the world. Sundar Pichai, who has been leading Google as ...

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