On Friday, during the Merry Main Street festival in Mesa
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On Friday, during the Merry Main Street festival in Mesa
China must prevent and defuse the risk of external shocks this year while strengthening macro-prudential management and guiding market expectations, the country's foreign exchange regulator said on Friday. The comments come as the U.S. Federal Reserve is widely expected to start hiking interest rates as early as March, while its Chinese counterpart has stepped up monetary easing to prop up a slowing economy, raising concerns about possible capital outflows due to the policy divergence. During the previous round of Fed tightening in 2018, China's currency depreciated sharply.
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Public Services and Procurement Canada (PSPC) wishes to advise cyclists and pedestrians that the boardwalk on the Alexandra Bridge will be reduced for tests and inspections during the following period:
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TOKYO (Reuters) -Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters. An ongoing shift to electric cars, which are easier to build than those with internal combustion engines, is allowing new entrants into vehicle manufacturing. At the same time, autonomous driving and 5G connectivity is expected remold the auto industry by turning cars into mobile platforms for information and entertainment services.
BEIJING (AP) — China on Friday criticized Washington for imposing sanctions on Chinese companies the U.S. says exported missile technology, and accused the United States of hypocrisy for selling nuclear-capable cruise missiles. The United States announced penalties on three companies it said were engaged in unspecified “missile technology proliferation activities." It said they were barred from U.S. markets and from obtaining technology that can be used to make weapons. “This is a typical hegemo
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NEW YORK (AP) — New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city. The Democrat's office announced Thursday that Adams' first salary payment will be deposited with Coinbase, an online platform used for buying cryptocurrency, and then converted into Ethereum and Bitcoin. “New York is the center of the world, and we want it to be the center of cryptocurrency and other
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SACRAMENTO, Calif. (AP) — Two California counties violated the Constitution's right to keep and bear arms when they shut down gun and ammunition stores in 2020 as nonessential businesses during the coronavirus pandemic, a federal appeals court ruled Thursday. Officials in Los Angeles and Ventura counties had separately won lower court decisions saying gun stores were not exempt from broader shutdown orders aimed at limiting the spread of the coronavirus early in the pandemic. A three-judge panel
Wall Street's main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report, capping a brutal week for stocks that saw the S&P 500 and Nasdaq log their biggest weekly percentage drops since the onset of the pandemic in March 2020. The benchmark S&P 500 posted its third straight week of declines, ending 8.3% down from its early January record high. Losses also deepened for the Nasdaq after the tech-heavy index earlier in the week confirmed it was in a correction, closing down over 10% from its November peak.
WASHINGTON (Reuters) -The U.S. government said on Friday it would suspend 44 China-bound flights from the United States by four Chinese carriers in response to the Chinese government's decision to suspend some U.S. carrier flights over COVID-19 concerns. The suspensions will begin on Jan. 30 with Xiamen Airlines’ scheduled Los Angeles-to-Xiamen flight and run through March 29, the Transportation Department said. The decision will cut some flights by Xiamen, Air China, China Southern Airlines and China Eastern Airlines.
Twitter Inc on Thursday announced the launch of a tool through which users can showcase non-fungible tokens (NFTs)as their profile pictures, tapping into a digital collectibles craze that has exploded over the past year. The feature, available on iOS to users of the company's Twitter Blue subscription service, connects their Twitter accounts to crypto wallets where the users store NFT holdings. Twitter displays the NFT profile pictures as hexagons, differentiating them from the standard circles available to other users.
Canada Post today unveiled a special stamp to honour acclaimed Canadian jazz singer Eleanor Collins. The Edmonton-born artist began performing in concert venues and on radio in the 1940s and broke new ground in her genre by becoming a star in television's early days.
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The shakeup comes after Twitter co-founder Jack Dorsey stepped down as chief executive in November, handing the reins to top deputy Parag Agrawal, who has since reorganized the leadership structure of the social media company. Twitter did not specify whether the departures were voluntary. Peiter Zatko, a famed hacker more widely known as "Mudge," was appointed head of security in 2020 after Twitter suffered a security breach that allowed hackers to tweet from verified accounts for public figures including billionaire Bill Gates and Tesla CEO Elon Musk.
Canadian retail sales most likely fell by 2.1% in December as authorities imposed restrictions to fight the Omicron variant of the coronavirus and retailers faced challenges, Statistics Canada predicted on Friday. Statscan also said retail sales rose 0.7% in November, which was less than the 1.2% gain forecast by analysts. Statscan also said some shoppers decided to pull forward their purchases to November to avoid shortages caused by endemic supply chain issues.