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Congress Certifies Biden Victory; Trump Says There Will Be 'Orderly Transition'

Congress certified President-elect Joe Biden's victory early on Thursday and President Donald Trump at long last acknowledged his election loss, saying "there will be an orderly transition on January 20th."

'It's insurrection' Biden says, as Trump supporters storm U.S. Capitol

Hundreds of supporters of President Donald Trump stormed the U.S. Capitol on Wednesday to overturn his election defeat, forcing Congress to postpone a session that would have certified President-elect Joe Biden’s victory.

Nasdaq-listed Chinese video platform Bilibili to raise over $2 billion in Hong Kong listing

Chinese video platform Bilibili is getting ready for a secondary listing in Hong Kong which could raise more than $2 billion, a source close to the matter told CNBC.

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NYSE says it will no longer delist three Chinese telecom giants

The New York Stock Exchange said it no longer plans to delist three Chinese telecommunications giants: China Telecom, China Mobile and China Unicom.

World’s Worst Internet Shutdowns Cost India $2.8 Billion in 2020

Internet shutdowns cost India $2.8 billion, putting the South Asian nation at the top of a list of 21 countries that curbed citizens’ web access in 2020.

UK and EU strike historic post-Brexit trade deal

The United Kingdom and European Union have agreed on a trade deal ahead of the Dec. 31 deadline.

Singapore confirms 1 COVID-19 case carrying UK virus strain, 11 others 'preliminarily ...

Singapore has confirmed its first COVID-19 case carrying the potentially more contagious strain of the virus circulating in the United Kingdom, the Ministry of Health said on Wednesday.

U.S. House passes $892 billion coronavirus relief package; Senate to ...

The U.S. House of Representatives passed an $892 billion coronavirus aid package on Monday aimed at throwing a lifeline to the nation’s pandemic-battered economy, clearing the way for Senate approval.

Biden picks longtime China critic Katherine Tai as top U.S. trade ...

President-elect Joe Biden on Thursday named Katherine Tai, a trade lawyer with a history of taking on China, as his incoming administration’s pick for the United States’ top trade representative.

Uber sells its flying taxi business

The move will allow Joby to use Uber’s app to offer air taxi rides when the company’s aircraft eventually enters service, which could be as soon as 2023.

DoorDash doubles valuation to raise $3.4 billion in U.S. listing

DoorDash on Tuesday sold shares in its initial public offering at $102 apiece to raise $3.36 billion in what will be one of the biggest U.S. stock market debuts of 2020.

Korea to Consider Joining 11-Member CPTPP Trade Bloc: Moon

President Moon Jae-in has said Korea would look into joining the eleven-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Japan Prime Minister Yoshihide Suga announces $708 billion in fresh ...

Japan will compile a fresh 73.6 trillion yen ($708 billion) economic stimulus package to speed up the country’s recovery from its deep coronavirus slump, Prime Minister Yoshihide Suga said on Tuesday.

Airbnb sets IPO terms sending valuation as high as $35 billion

San Francisco home-rental company to sell 50 million shares at $44 to $50 apiece.

Tesla gets green light to sell Shanghai-made Model Y SUV in China

Elon Musk’s Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China.

Trump to add China's SMIC and CNOOC to defense blacklist

Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources.

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