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"The Chinese cloud services market remains conservative, relying heavily on government and state-owned enterprises to drive growth," Canalys said in a report.

China's proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS.

The National Park Service will offer free admission to national parks on six days next year.

Gorman won praise for managing the CEO succession process at Morgan Stanley.

France's AMF watchdog gave Coinbase a virtual asset service provider approval, which is effectively a green light to operate crypto services in the country.

The U.K. and Switzerland on Thursday will sign a post-Brexit financial services deal designed to bring two of Europe's largest banking centers closer together.

Citigroup is exiting businesses with poor returns to bolster the bank's odds of hitting Fraser's performance targets.

Higher interest rates and anxiety over the stock market and economy pushed more consumers to buy annuities, experts said.

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U.K. inflation fell far more than expected in November to 3.9%, its lowest annual reading since September 2021.

Tesla cut prices for its electric cars in China by more than BYD did for its flagship Han sedan, according to analysis from U.S.-based firm JL Warren Capital.

Alibaba Group CEO Eddie Wu is taking over the top role at the company's Taobao and Tmall e-commerce business, replacing Trudy Dai.