As Xi Celebrates a Decade of the Belt and Road Initiative, Its Future Looks Uncertain

When President Xi Jinping first assembled world leaders to map out his vision for expanding Chinese soft power via a web of infrastructure investment in 2017, he…

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Saudi Arabia to Start Investment Fund for Carbon Capture

Saudi Arabia said Middle Eastern economies will be boosted by efforts to cut planet-warming gases and announced a fund to invest in carbon-capture technology. “Climate change is…

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Sheryl Sandberg Is Stepping Down as Meta’s COO

Meta Platforms Inc.’s Sheryl Sandberg, who became one of the most recognized figures in global business after helping Facebook transform from a startup into a multibillion-dollar advertising…

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Ransomware Attack in Germany Tied to Colonial Pipeline Hackers

A Russia-linked cybercrime gang was allegedly responsible for ransomware attacks that took down a swath of Germany’s fuel-distribution system this week and hindered payments at some filling…

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The Role of Small Businesses in the Climate Fight

When we think about the companies responsible for carbon emissions, we tend to focus on the Chevrons and ExxonMobils of the world. But virtually every company has…

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The Newest Trend In Luxury- Hallyu

Seoul’s Jamsugyo Bridge, which crosses the Han River, will transform into a high fashion runway on April 29, as Louis Vuitton presents its first ever pre-fall womenswear…

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Russia Fines Google $98 Million in Crackdown

A Russian court slapped Alphabet Inc.’s Google with a fine of 7.2 billion rubles ($98 million) Friday for failing to remove banned content, the largest such penalty…

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U.S. Inflation Is Probably About to Spike Yet Again

Inflationary pressures in the U.S. continued to heat up at the start of the year, data are expected to show, likely putting a Federal Reserve interest-rate increase…

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Many Green Funds Don’t Live Up to Their Claims, Report Finds

The number of green investment funds is skyrocketing, but many are investing in companies that aren’t aligned with the goals of the Paris Agreement. That’s according to…

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How the Middleman Economy Makes Everything More Expensive

The Federal Trade Commission recently launched an inquiry into the practices of pharmacy benefit managers, known in the industry as PBMs. PBMs are the hidden middlemen who…

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