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Johnson faces binding UK vote on foreign aid cuts

Bloomberg UK Prime Minister Boris Johnson faces a rebellion in Parliament from his own Conservatives to force his government to abandon plans to slash its foreign aid budget by about $5.6 billion. Though he enjoys a significant majority in the House of Commons, there are some Tory members of Parliament who believe they have the numbers to defeat Johnson and ...

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Biden to warn US firms of risks of operating in Hong Kong: FT

Bloomberg The US will warn American companies this week of the increasing risks of operating in Hong Kong, the Financial Times (FT) reported, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. The risks include the Chinese government’s ability to gain access to data that foreign companies store in Hong Kong, the FT said on Tuesday, ...

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Google fined $593m in French warning to pay for news

Bloomberg Google was fined $593 million in France after the search giant failed to follow an order to thrash out a fair deal with publishers to use their news content on its platform. The Alphabet Inc unit ignored a 2020 decision to negotiate in good faith for displaying snippets of articles on its Google News service, the Autorité de la ...

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