China calls European Parliament’s Hong Kong resolutions ‘publicity stunt’

By Farah Master HONG KONG (Reuters) -China’s Ministry of Foreign Affairs in Hong Kong said resolutions passed by the European Parliament on Thursday related to the Chinese controlled territory were a “despicable act” and “trampled” on the principles of international law. The European Parliament’s resolution titled “The deterioration of fundamental freedoms in Hong Kong, notably…

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Biden pushes for ‘Dreamers’ to get US citizenship at ‘Flamin’ Hot’ film showing

WASHINGTON (Reuters) – President Joe Biden on Thursday urged Congress to pass a law that would provide a pathway to U.S. citizenship for young people brought to the country illegally as children, using a White House movie night to underscore his support for Latinos. Biden and his wife, Jill, hosted a showing of “Flamin’ Hot,”…

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US condemns human rights violations, ‘horrific violence’ in Sudan

(Reuters) – The U.S. on Thursday condemned “in the strongest terms” what it called human rights violations, abuses and “horrific violence” in Sudan during that country’s two-month-old war, a State Department spokesperson said. The U.S. is especially concerned about reports of ethnic violence committed by the paramilitary Rapid Support Forces (RSF) and allied militias in…

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Cheap ‘like Cabbage’ Apartments In Some Chinese Cities Draw Buyers, And Caution

By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Beijing resident Hu Yongwei bought more than a dozen apartments in the small central Chinese city of Hebi for about $31,000 in all, betting they will be financially more rewarding than other investments. Hu, who mostly acquired two- or three-bedroom apartments built about three decades…

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Cheap ‘like cabbage’ apartments in some Chinese cities draw buyers, and caution

By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Beijing resident Hu Yongwei bought more than a dozen apartments in the small central Chinese city of Hebi for about $31,000 in all, betting they will be financially more rewarding than other investments. Hu, who mostly acquired two- or three-bedroom apartments built about three decades…

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US banking regulator seeks bids for Silicon Valley Bank’s German assets

(Reuters) -The U.S. banking regulator is seeking bids for the sale of collapsed Silicon Valley Bank’s German assets, according to a Thursday notice posted on its website. The U.S. Federal Deposit Insurance Corporation (FDIC) is inviting bids for SVB’s $460 million asset portfolio, including loans and leases, in Frankfurt and Berlin. The deadline for submission…

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Virgin Galactic plans first commercial space service for June; shares take off

(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial spaceflight service would launch later this month, sending its shares up over 55% in trading after the bell. The first spaceflight, called “Galactic 01”, is planned between June 27 and June 30, the company said. “Galactic 02”…

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Ticketmaster, others agree to upfront, all-in prices as part of Biden war on junk fees

By Jarrett Renshaw (Reuters) – Ticketmaster and other companies have agreed to offer consumers upfront, all-in pricing, the White House announced as it convened a meeting on Thursday to highlight efforts to crack down on so-called junk fees. President Joe Biden hosted a meeting at the White House of private companies – including Live Nation’s…

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