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Why Apple raised the price of the iPhone, but not in the US and China

Customer inspects iPhone 14 Pro Max inside an Apple store in Marunouchi, Tokyo. Stanislav Kogiku | SOPA Images | Lightrocket | Getty Images Apple‘s newest iPhones, the series 14 models, come with better displays, cameras, and satellite messaging, among other features and updates. But depending on where you live, they also …

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Tesla down 35% since Elon Musk first said he’d buy Twitter

Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 2, 2022 in New York City. (Photo by Gotham/Getty Images) Gotham | Getty Images Since Tesla CEO Elon Musk announced his bid to buy social network Twitter, shares …

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Visiting Helion Energy when the Seattle region was cloaked in smoke

Cat Clifford, CNBC climate tech and innovation reporter, at Helion Energy on October 20. Photo taken by Jessie Barton, communications for Helion Energy, with Cat Clifford’s camera. On Thursday, October 20, I took a reporting trip to Everett, Wash., to visit Helion Energy, a fusion startup that has raised raised …

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Coinbase criticizes Singapore’s crypto regulations

Brian Armstrong, co-founder and CEO of Coinbase chats with Sopnendu Mohanty, chief fintech officer of the Monetary Authority of Singapore (MAS) during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022. Bloomberg | Bloomberg | Getty Images SINGAPORE – Co-founder and CEO of U.S.-based crypto exchange platform Coinbase, …

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EU Chamber of Commerce says Germany’s dependence on China ‘overblown’

The top European business representative in China downplayed concerns over Germany’s economic reliance on China as German Chancellor Olaf Scholz makes his maiden in-person visit to Beijing. President of the EU Chamber of Commerce in China Joerg Wuttke told CNBC’s “Squawk Box Asia” on Friday that many of Germany’s imports …

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Bank of England must balance rate hikes and economic risks, chief economist says

A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England remains committed to its “key goal” of bringing down inflation, but hopes markets will “re-anchor” their interest rate …

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Here’s what we know about the rebound in Chinese stocks this week

Locals wearing personal protective equipment (PPE) line up to enter a specialized hotel for medical observation and quarantine in Zhengzhou city on Nov. 1, 2022. Vcg | Visual China Group | Getty Images BEIJING — Chinese stocks rallied this week as investors hoped Beijing would soon relax its stringent Covid …

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Loss and damage funding to dominate the talks

“Looking at loss and damage as a side issue is not acceptable because this is the reality that millions are facing every single day,” said Harjeet Singh, head of global political strategy at Climate Action Network. Fida Hussain | Afp | Getty Images The success or failure of the U.N.’s …

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Capital A to benefit from tightened economy: CEO Tony Fernandes

Tony Fernandes, chief executive officer of Capital A. Chris Ratcliffe | Bloomberg | Getty Images Despite soaring oil prices and weakening currencies, the outlook for aviation remains positive due to “extremely strong” demand, said Tony Fernandes, CEO of AirAsia parent company Capital A. “We’re looking to add 20 more aircraft …

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Barclays cuts China GDP after forecasting U.S., Europe recession

China’s export growth has slowed in recent months after surging during the height of the pandemic globally. Pictured here is a wind turbine blade being loaded onto a cargo ship at Yantai Port on Nov.1, 2022. Vcg | Visual China Group | Getty Images BEIJING — Barclays cut its forecast …

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