China says it is beefing up efforts with US to combat smuggling

HONG KONG (Reuters) – China is strengthening enforcement with nations such as the United States to combat smuggling and other serious crimes, state media reported on Friday, citing the country’s National Immigration Administration. Smugglers and cross-border criminal groups at home and abroad have recently been “deceiving some people to participate in smuggling activities”, the administration …

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China launches survey to understand ‘fear of having children’

HONG KONG (Reuters) – China’s National Health Commission (NHC) is surveying 30,000 people to understand factors influencing their attitudes towards childbearing and the “fear surrounding having children”, as authorities struggle to boost a flagging birthrate. The survey will include people from 150 counties in China and 1,500 different communities, the state-backed Global Times said late …

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Mitsubishi acquires half of Ayala’s stake in fintech unicorn Mynt

(Reuters) – Philippine conglomerate Ayala Corp is selling half of its stake in Mynt, the fintech unicorn which operates e-wallet brand GCash, to Japan’s Mitsubishi Corp for a minimum of 18.4 billion pesos ($318.89 million), it said on Friday. The Japanese conglomerate will acquire the stake by buying 50% of Ayala-owned AC Ventures, the Philippine …

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Australia’s Flight Centre Travel hits over 10-month low on flagging dismal Q1 profit rise

By John Biju (Reuters) – Australian corporate travel manager Flight Centre Travel Group reported a marginal rise in its first-quarter underlying profit on Friday, sending its shares to a more than 10-month low. Shares of the company fell as much as 17.4% to A$17.85, as of 0011 GMT, to hit their lowest level since late …

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No US role in Israel operation that killed Hamas leader, Pentagon says

WASHINGTON (Reuters) -The U.S. military said on Thursday its forces had no role in the Israeli operation that killed Hamas leader Yahya Sinwar, even if U.S. intelligence has contributed to Israel’s understanding of Hamas leaders who took hostages last year. “This was an Israeli operation. There (were) no U.S. forces directly involved,” said Air Force …

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ADM sued for alleged misconduct, lack of safety inspections after explosion hurt US worker

By P.J. Huffstutter CHICAGO (Reuters) -Archer-Daniels-Midland Co intentionally failed to test and maintain safety systems on its grain equipment for years, which contributed to an explosion that immolated a worker and put him in a coma last year, according to a lawsuit filed against the company. The explosion was part of a string of safety …

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Star Entertainment reverses course a day after Sydney casino relief

By Rishav Chatterjee (Reuters) -Australian troubled casino operator Star Entertainment reversed its course to drop on Friday as trading resumed a day after New South Wales gaming regulator said the embattled firm would be able to keep its Sydney casino open. The New South Wales Independent Casino Commission on Thursday decided not to revoke the …

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Graphene maker BeDimensional gets EIB support to boost production

MILAN (Reuters) – Italian start-up BeDimensional said on Friday it had secured financial support from the European Investment Bank (EIB) to boost its production capacity for graphene and other super-thin crystals. The European Union is looking at ways to reduce its reliance on imports of materials that are critical for the bloc’s energy transition. Graphene, …

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