NEWS

UK businesses report easing price pressures: BoE survey

Bank of England raises interest rate to 1.75% as inflation hits 13%
British businesses reported cooling price pressures but warned of lower employment and investment ahead, in a Bank of England survey on Thursday that should reassure policymakers that their interest rate rises are taking effect.
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A move by Elon Musk to stop enforcing a Twitter policy against Covid falsehoods feeds into fears that misinformation will flourish on the platform.

Elon Musk's Twitter lifts rule against Covid misinformation

Twitter said it has stopped enforcing a policy intended to prevent the spread of Covid misinformation, as new owner Elon Musk -- who has clashed previously with US officials over pandemic safety rules -- continues to remake its content moderation policies.
Jack Ma has kept a low profile since a Chinese crackdown on high-tech firms including his e-commerce giant Alibaba

Jack Ma living in Japan after China tech crackdown: FT

Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.
Former Chinese leader, Jiang Zemin has died, aged 96

Former China leader Jiang Zemin dies, aged 96

Former Chinese leader Jiang Zemin died Wednesday at the age of 96, state media reported, hailing him as a great communist revolutionary who helped quell the 1989 pro-democracy protests.
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