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National Business
Amazon buys 11 jets for 1st time to ship orders faster
NEW YORK — Amazon said Tuesday that it bought 11 jets from Delta and WestJet airlines to boost its growing delivery network and get orders to shoppers faster. The company said it's the first time it has purchased planes for its delivery network.
Jan 5, 2021 11:59 AM
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US factories grew in December at fastest pace since mid-2018
WASHINGTON — American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector.
Jan 5, 2021 11:59 AM
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Travel industry "in tailspin" as federal government adopts new COVID-19 test rules
CALGARY — The travel industry in Canada has been thrown into a "tailspin" by new federal rules requiring a COVID-19 test before Canadians are allowed back into the country from most international travel, says the Association of Canadian Independent T
Jan 5, 2021 9:28 AM
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Asia Today: Thailand counts more virus cases, limits travel
BANGKOK — Thailand reported 527 new coronavirus cases, most of them migrant workers who already were isolated, and the government said it was tightening movements of people around the country.
Jan 5, 2021 8:34 AM
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BMO Financial Group sells private banking business in Hong Kong and Singapore
TORONTO — BMO Financial Group says it has signed a deal to sell its private banking business in Hong Kong and Singapore to J. Safra Sarasin Group. Financial terms of the agreement were not disclosed. BMO says J.
Jan 5, 2021 8:09 AM
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South Korean tanker was boarded by armed Iran Guard forces
SEOUL, Korea, Republic Of — Armed Iranian Revolutionary Guard troops stormed a South Korean tanker and forced the ship to change course and travel to Iran, the vessel's owner said Tuesday, the latest maritime seizure by Tehran amid heightened tension
Jan 5, 2021 6:44 AM
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Former head of China state asset firm sentenced to death
BEIJING — The former head of state-owned China Huarong Asset Management Co. Ltd. was sentenced to death Tuesday for bribe taking in one of the harshest punishments for economic crimes in recent years.
Jan 5, 2021 6:42 AM
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China state news agency urges end to long work hours in tech
BEIJING — China’s official Xinhua News Agency is calling for shorter work hours in the country’s tech sector following the sudden death last week of a young employee at a leading e-commerce platform.
Jan 5, 2021 6:18 AM
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Where is Jack Ma, China's e-commerce pioneer?
BEIJING — China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users.
Jan 5, 2021 6:16 AM
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NYSE withdraws plans to delist 3 Chinese phone carriers
BEIJING — The New York Stock Exchange has withdrawn plans to delist shares of three Chinese state-owned phone carriers. The shares were to be removed under an order from President Donald Trump, a move Beijing had warned might lead to retaliation.
Jan 5, 2021 6:15 AM
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