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Will mass arrests keep Hong Kong out of abyss

The arrests of more than 50 pro-democracy politicians in Hong Kong mark Beijing’s most sweeping attempt yet to redefine the “One Country, Two Systems” arrangement that governed the former British colony’s return to China 23 years ago. They are a challenge to both the incoming US administration of President-elect Joe Biden and the European Union, which concluded an ill-timed investment ...

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Boeing reaches $2.5 billion 737 Max settlement with US

Bloomberg Boeing Co reached a $2.5 billion agreement to settle a criminal charge that it defrauded the US government by concealing information about the 737 Max, the ill-fated jet model involved in two fatal crashes that killed 346 people. The planemaker entered into a deferred prosecution agreement in the Northern District of Texas. In turn, the Justice Department will dismiss ...

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Amazon shutters its Prime Pantry service

Bloomberg Amazon.com Inc has shuttered Prime Pantry, a grocery and household essentials delivery service that was one of the retailer’s early forays into selling food online. The program closed last week, an Amazon spokeswoman said, and thousands of products previously available under the Prime Pantry banner were folded into the company’s main retail site. Launched in 2014, Prime Pantry featured ...

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