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China inflation picks up after Lunar New Year spending boost
China inflation picks up after Lunar New Year spending boost
Business and Economy
by  AFP

Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. The boost in prices last month is "mainly due to higher food prices and tourism-related services prices on an earlier-than-usual Lunar New Year holiday," Goldman Sachs analyst Xinquan Chen wrote in a note on Sunday.

Record gold prices both boon and burden for London jewellers
Record gold prices both boon and burden for London jewellers
Business and Economy
by  AFP

In London's Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches record highs. In Hatton Garden, where diamonds and precious metals have been traded since the Victorian era, pawnbrokers as well as gold dealers and designers operate alongside the jewellery stores.

Baltic nations to sync with European power grid
Baltic nations to sync with European power grid
Business and Economy
by  AFP

The three Baltic states will on Sunday connect to the European Union's power grid after they seamlessly severed Soviet-era ties with Russia's network, a shift motivated by security concerns. The countries were due to join the European power grid at 1200 GMT on Sunday, it said.

Soaring egg prices have US consumers squawking
Soaring egg prices have US consumers squawking
Business and Economy
by  AFP

A resurgence of avian flu, which first struck the United States in 2022, is hitting chicken farms hard, sending egg prices soaring and rattling consumers accustomed to buying this dietary staple for only a few dollars. In the United States, the virus is being found not only in poultry but also in dairy cows.

Elon Musk says has no plans to acquire TikTok's US operations
Elon Musk says has no plans to acquire TikTok's US operations
Business and Economy
by  AFP

Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday. Soon after, Trump said he would be open to Musk -- the owner of social media platform X, Tesla and a slew of other companies -- buying the platform.