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Washington concerned by China moves against US companies
Washington concerned by China moves against US companies
by  AFP

US Commerce Secretary Gina Raimondo expressed concern to her Chinese counterpart Wang Wentao on Thursday over Beijing's restrictions on US companies. "Secretary Raimondo also raised concerns about the recent spate of PRC actions taken against US companies operating in the PRC," the statement said, using an acronym for the People's Republic of China.

Energy majors go slow on green transition despite pressure
Energy majors go slow on green transition despite pressure
by  AFP

Most oil majors are stepping up investment in green energy amid rising activist pressure but without abandoning fossil fuels, putting at risk reaching carbon neutrality in 2050. Yet oil and gas firms are not cutting investment in fossil fuel exploration and production.

Asian markets mostly rise on US debt ceiling optimism
Asian markets mostly rise on US debt ceiling optimism
by  AFP

Hopes that lawmakers are edging closer to a deal to hike the US debt ceiling lifted spirits in Asia on Friday, though traders remain nervous as a deadline to avert a calamitous default draws closer. Reports said the two camps were edging towards a deal that would lift the debt ceiling and cap spending for two years.

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