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Alibaba soars but Europe, Asia stocks mixed
Alibaba soars but Europe, Asia stocks mixed
Business and Economy
by  AFP

Chinese ecommerce giant Alibaba soared on Monday but Asian and European markets were mixed after Wall Street retreated from record highs. On Friday US stocks fell, with the Dow and S&P 500 retreating from record highs ahead of the long Labor Day weekend.

Chinese cluster now world's top innovation hotspot: UN
Chinese cluster now world's top innovation hotspot: UN
Business and Economy
by  AFP

Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the world's top cluster for innovation, the United Nations said Monday. The agency said Shenzhen-Hong Kong-Guangzhou and Tokyo-Yokohama "make a massive contribution to global scientific publications and patenting outputs", together accounting for nearly one in five patent applications filed globally.

Uzbek workers fill gap as Bulgarian population shrinks
Uzbek workers fill gap as Bulgarian population shrinks
Business and Economy
by  AFP

Nilfar Nazarova used to work as an accountant in her native Uzbekistan but for the past four summers she has been cleaning hotel rooms in the Bulgarian Black Sea resort of Albena. "The work is hard but the people are kind," Uzbek student Gulraykhan Muxanbetovna said as she bustled around the crowded restaurant of a four-star hotel overlooking the Black Sea.

Alibaba soars but Asia markets dip
Alibaba soars but Asia markets dip
Business and Economy
by  AFP

Chinese ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs. On Friday US stocks fell, with the Dow and S&P 500 retreating from record highs ahead of the long Labor Day weekend.