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Chinese Big Tech shares plunge following Alibaba’s big drop

The e-commerce giant had previously scrapped plans to spin off its cloud business over US chip export restrictions Chinese tech stocks in Hong Kong plummeted on Friday shortly after a massive decline in Alibaba Group shares that followed the online retailer’s announcement to scrap plans to spin off its cloud business.

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Western sanctions on Russian oil not working – Bloomberg

The price limit imposed by the G7 and EU on Russian seaborne oil sales is being ignored, Bloomberg reported on Friday, citing calculations based on budget data from Moscow. According to the Russian Finance Ministry, gross revenues from the three main tax sources of oil money nearly doubled between April and October, reaching more than…

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Why is Ukraine now claiming its disastrous counteroffensive was only a smokescreen?

Kiev’s propagandists are trying to deny the reality that Russia is gaining the edge on the battlefield A few days ago, the Kiev TV channel 1 + 1 reported that the Ukrainian army did not conduct a counteroffensive in the summer of 2023, and all the information about it was merely a brilliant psychological operation targeted…

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