Disney to close Star Wars hotel that opened in Florida last year

By Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co will shutter its immersive Star Wars-themed luxury hotel in Orlando this September, less than two years after it opened, as the media giant cuts costs throughout its entertainment and parks businesses. Disney announced the closing of the two-night “Star Wars: Galactic Starcruiser” hotel and experience…

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Australia’s Westpac says won’t stick to home loan guideline as interest rates surge

By Byron Kaye and Lewis Jackson SYDNEY (Reuters) -Australia’s Westpac Banking Corp said it will refinance loans for some borrowers who don’t meet an industry standard that assesses their ability to repay, putting pressure on the bank regulator to relax guidelines after a year of interest rate hikes. The country’s No. 2 mortgage provider has…

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G7 members should not compete against each other on renewables – von der Leyen

By Andreas Rinke HIROSHIMA, Japan (Reuters) – The Group of Seven (G7) rich nations should work together to access technology and secure sources of critical minerals for a green transition, creating additional manufacturing capacity rather than competition, a top European diplomat said on Friday. The G7 is accelerating its push towards greener technologies after Russia’s…

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Exclusive-US consultancy Mintz’s executives leave Hong Kong after China raid-sources

By James Pomfret and Engen Tham HONG KONG/SHANGHAI (Reuters) – Some Hong Kong-based staff with U.S. consultancy Mintz Group have left the city after the firm’s Beijing office was raided by Chinese police in March, according to two sources with direct knowledge of the matter. Investigations by Chinese authorities into Mintz, as well as U.S….

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China’s Xi unveils grand development plan for Central Asia

By Andrew Hayley XIAN, China (Reuters) -Chinese President Xi Jinping on Friday unveiled a grand plan for Central Asia’s development, from building infrastructure to boosting trade, taking on a new leadership role in a region that has traditionally been a Russian sphere of influence. China is ready to coordinate development strategies with Kazakhstan, Kyrgyzstan, Tajikistan,…

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