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Power cuts weigh on S African manufacturing

Bloomberg Sentiment in South Africa’s manufacturing industry fell to the lowest level in more than a decade in February as the prospect of continued power cuts and concern about the global economy weighed on confidence. That makes the recovery of an economy that the government estimates expanded at the slowest pace in 10 years in 2019 even more challenging. Absa ...

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UK outlines $4.4bn objectives for US trade negotiations

Bloomberg The UK outlined its negotiating objectives for trade talks with the US, seeking a deal it hopes will deliver a 3.4 billion-pound ($4.4 billion) boost to the British economy. Talks, which are expected to start this month, will seek to protect the National Health Service and uphold food safety and animal welfare standards — all sticking points in recent ...

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Huawei makes end-run around US ban by turning to own chips

Bloomberg Huawei Technologies Co, the Chinese technology giant barred from doing business with US suppliers, is finding a way around the strict limits imposed by the Trump administration. The Commerce Department, citing national security concerns, has largely forbidden American companies from selling Huawei the computer chips it needs to make a piece of equipment integral to newly introduced high-speed wireless ...

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