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Meta believed China was the country of origin of about a quarter of all ads for scams and banned products on its global platforms, but later disbanded its anti-scam team. Then, early this year it deemed the level of fraud tolerable.
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Daily roundup of the best New Economy stories from other media
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India, one of the world's fastest-growing digital markets, is home to a billion internet users and deep tech talent making it a lucrative destination for AI investments
Move will raise or impose new duties of up to 50% on goods such as autos, auto parts, textiles, clothing, plastics and steel from states without trade deals with Mexico
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China’s ‘Self-Interest’ May Be Adding to Global InflationChina’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Market InsightsFresh snap lockdowns put China’s economic recovery in perilChina’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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