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Markets await the Fed's rate cut decision and guidance, while China bans Nvidia AI chips, TikTok's U.S. ownership deal advances, and StubHub launches its IPO.
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China Lifts Wells Fargo Banker's Exit Ban in US Trade Talks Bloomberg.comUS wins release of Wells Fargo banker barred from leaving China, sources say ReutersU.S. wins release of American who had been barred from leaving China The Washington PostU.S. negotiators win the release of American detained in China MSN
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Trump extends TikTok deadline again as promised deal with China looms AxiosWe now know who the new owners of TikTok will be - if Trump gets his deal done with Xi CNNU.S. Investors, Trump Close In on TikTok Deal With China The Wall Street JournalBeijing says TikTok's US app will use Chinese algorithm Financial TimesTikTok lives: US, China in deal for app to keep operating in US Reuters
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U.S. Investors, Trump Close In on TikTok Deal With China The Wall Street JournalTrump extends TikTok deadline as Oracle, other investors work on deal CNBCBeijing says TikTok's US app will use Chinese algorithm Financial TimesOracle, Andreesen Horowitz, More Will Hold Controlling Stake In TikTok Deal, Report Says Forbes
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Trump Delays TikTok Ban Again as a Deal Takes Shape The New York TimesWe now know who the new owners of TikTok will be - if Trump gets his deal done with Xi CNNU.S. Investors, Trump Close In on TikTok Deal With China The Wall Street JournalBeijing says TikTok's US app will use Chinese algorithm Financial TimesTikTok Buyers Group to Include Oracle, Silver Lake, Andreessen Bloomberg.com
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With growth slowing in the world's second largest economy, Beijing is trying to stoke demand in sectors as varied as health care, tourism, education and sports.
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Tariffs triggered a plunge in China's exports to the United States, but its global trade surplus is larger because sales to other regions are surging.
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President Donald Trump said Saturday he believes the Russia-Ukraine war would end if all NATO countries stopped buying oil from Russia and placed tariffs on China of 50% to 100% for its purchases of Russian petroleum.
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