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Author's articles
TikTok loses appeal of US law ordering sale from Chinese owner
TikTok faces a US ban after an appeals court on Friday rejected its challenge to a law requiring the video-sharing app to divest from its Chinese parent company by January 19. The law, signed by President Joe Biden in April, would block TikTok from US app stores and web hosting services unless ByteDance sells the platform by January 19.
US facing greater risk from inflation than labor market: Fed official
The US continues to face a greater risk from underlying inflation than from any weaknesses in the labor market, despite recent progress, a senior Federal Reserve official said Friday. The Federal Reserve has a dual mandate from Congress to keep both inflation and unemployment under control, and recently began rolling back high interest rates in order to better support the labor market.
US hiring rebounds after slump on hurricanes, strike
The US economy added more jobs than expected last month, government data showed Friday, bouncing back from a dramatic slowdown triggered by hurricanes and labor strikes. Friday's figure "marks only a moderate-sized bounce back" from the strikes and disasters, said Nationwide chief economist Kathy Bostjancic.
EU and S.America countries conclude Mercosur trade deal
The EU and four South American countries have concluded a huge, but controversial trade deal that is opposed by France and many European farmers, European Commission chief Ursula von der Leyen announced on Friday. France's minister for trade, Sophie Primas, said that von der Leyen's announcement "regards only her."
EU chief meeting South American leaders to try to close trade deal
European Commission President Ursula von der Leyen will meet leaders of South America's Mercosur bloc on Friday, aiming to push through a controversial pact to create the world's biggest free trade zone despite last-minute resistance. - 'Unacceptable' - The treaty aims to eliminate most import taxes between the EU and Mercosur to create a vast free-trade area of more than 700 million consumers.
Harrison Ford gets de-aged again for 'Indiana Jones' video game
Harrison Ford was de-aged last year for "Indiana Jones and the Dial of Destiny" on the big screen, and video game makers are pulling the same trick for the whip-cracking hero's latest outing on the small screen. "We've been looking at photos of Harrison Ford to try to make sure that we hit the correct facial feature that he had at that time," he said.
World Bank announces record $100 bn support for world's poorest countries
The World Bank announced Thursday that it has raised close to $24 billion to provide loans and grants for some of the world's poorest nations, which it can leverage to generate a record $100 billion in total spending power.
Most markets down as traders assess crises in S.Korea, France
Asian markets mostly fell Friday at the end of a volatile week, with South Korean stocks and the won still under pressure with the president's job hanging by a thread as he faces impeachment.
Beatles legend McCartney stars in new UK coin collection
There are few accolades missing from Beatles songwriter Paul McCartney's stellar career, and now he is to be recognised with a collection of £5 ($6.35) coins, the UK's Royal Mint said Friday.
AFP
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