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Monthly Archives: September 2023

Evergrande’s chairman suspected of illegal crimes

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A day after China Evergrande’s shares were suspended in Hong Kong, the beleaguered Chinese property firm revealed that its director and executive chairman is …

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U.S. readout excludes Canada as Blinken meets India’s top diplomat

Indian External Affairs Minister Subrahmanyam Jaishankar and U.S. Secretary of State Antony Blinken arrive for a photo spray and brief remarks at the U.S. State Department September 28, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images U.S. Secretary of State Antony Blinken met India’s foreign …

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China’s economic activity again weakened in September: China Beige Book

The People’s Bank of China is under pressure to lower interest rates and reserve rate ratios for banks as growth sputters in the world’s second-largest economy. Sheldon Cooper | SOPA Images | LightRocket via Getty Images China’s small economic rebound appears to have stalled in September, with retail sales and …

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India’s labor force continues to lags behind China’s: Study

A worker welds at the air conditioner factory of Haier Appliances India Ltd., in Greater Noida, India, on May 8, 2023. Bloomberg | Bloomberg | Getty Images India may be the most populous country in the world, but its labor force continues to lag behind China’s, according to Oxford Economics.  …

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Can China’s economy reverse a sluggish 2023 in the last quarter?

This photo taken on September 24, 2023, shows residential buildings in Chongqing, in southwest China. Stringer | Afp | Getty Images BEIJING — The last three months of the year are set to bring more clarity on China’s economic outlook and any government support — especially for the critical real …

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Oil price drop could signal the start of a market rally

CNBC’s Jim Cramer on Thursday suggested the stock market could be headed for a rally, citing a downturn in the price of oil. Crude oil prices fell Thursday after reaching their highest level in over a year. West Texas Intermediate, one of the three main benchmarks in oil pricing, declined …

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Automakers grow frustrated as new deadline looms

Striking members of the United Auto Workers (UAW) picket outside the GM’s Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. Evelyn Hockstein | Reuters DETROIT – Tensions are rising and accusations are flying between the Detroit automakers and United Auto Workers, as the union threatens …

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These are the 10 best states in the U.S. for mental health

There are many factors that can impact your mental health, from tough periods with finances to difficulties in your relationships; but where you live may also play a significant role. Some U.S. states seem to have better systems in place to promote positive mental health — and improve their residents’ …

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GameStop names Ryan Cohen as CEO effective immediately

GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive, chairman and president effective immediately — and he won’t be collecting a salary. Shares of the company fell 1.8%. GameStop’s board, with Cohen abstaining, unanimously voted to appoint the entrepreneur …

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The No. 1 rule highly successful people follow to be happier at work

You can’t always find happiness in the confines of a 9 to 5 job — but if you can find meaning in what you do, or at least learn to tolerate it, the benefits are endless. According to Wharton psychologist Adam Grant, employees who understand their work has a meaningful, …

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