Bloomberg

China Stimulus Gives Manufacturing a Shot in the Arm

(Bloomberg) — China’s manufacturing activity unexpectedly picked up last month despite a weeklong holiday, according to a private survey, a further sign of stabilization after Beijing unleashed a stimulus package to shore up the economy. Most Read from Bloomberg The Caixin manufacturing purchasing managers index rose to 50.3 last month from 49.3 in September, according…

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MercadoLibre Stock Prepares As Amazon Rival Set To Report Earnings After 103% Profit Surge

MercadoLibre Stock Prepares As Amazon Rival Set To Report Earnings After 103% Profit Surge

Online retailer MercadoLibre (MELI) sits solidly in a flat base with the company’s earnings report around the corner. Sometimes referred to as the Amazon.com (AMZN) of Latin America, MercadoLibre operates the largest online marketplace in Brazil, Mexico, Argentina and 15 other Latin American countries. It reported 57 million unique active buyers on its e-commerce platform as…

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Opinion | What US student protesters can learn from their Hong Kong peers

Opinion | What US student protesters can learn from their Hong Kong peers

I was saddened when a small group of Pomona College students in the United States recently barricaded themselves inside Carnegie Hall, causing significant damage and choosing violence over discussion. They were a minority in a group that included masked protesters, some later identified as students from other Claremont Colleges, a consortium of seven independent institutions…

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Why Russia Has Fined Google $20,000,000,000,000,000,000,000,000,000,000,000

Why Russia Has Fined Google $20,000,000,000,000,000,000,000,000,000,000,000

New Delhi: Russia issued a fine against Google, estimated at an astronomical $20 decillion – a 2 followed by 34 zeroes. The unprecedented penalty targets YouTube, owned by Google’s parent company Alphabet, over the platform’s decision to block Russian state-run media channels in response to Russia’s invasion of Ukraine. This sum far exceeds any reasonable…

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