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By Qiaoyi Li and Alessandro Diviggiano BEIJING (Reuters) -Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics gears up to further challenge Tesla in the world’s largest auto market. Xiaomi launched the YU7 at 13 of its Beijing showrooms and will start…
SEOUL (Reuters) – North Korea enabled Russia to increase missile attacks against critical Ukrainian civilian infrastructure and supplied more than 20,000 containers of munitions, according to a report by the Multilateral Sanctions Monitoring Team, a group comprising 11 UN members. The group, launched in October last year to monitor U.N. sanctions against North Korea after…
By Sayantani Ghosh, David Gaffen, Arpan Varghese SAN FRANCISCO/NEW YORK/BENGALURU (Reuters) -President Donald Trump’s trade war has cost companies more than $34 billion in lost sales and higher costs, according to a Reuters analysis of corporate disclosures, a toll that is expected to rise as ongoing uncertainty over tariffs paralyzes decision making at some of…
By Saeed Azhar NEW YORK (Reuters) -Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison by a judge in a New York court on Thursday after he pleaded guilty in 2018 for his involvement in a multi-billon dollar scandal involving Malaysia’s sovereign fund 1MDB. Leissner’s conduct was “brazen and audacious,” judge…
