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UK border official and former Hong Kong cop convicted of assisting Chinese spy agency in Britain

UK border official and former Hong Kong cop convicted of assisting Chinese spy agency in Britain

A U.K. border official and a former Hong Kong police officer have been convicted of assisting China’s spy agency by conducting “shadow” policing operations in Britain
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Joybuy Expands into UK Market, Challenging Amazon and Local Retailers

Joybuy Expands into UK Market, Challenging Amazon and Local Retailers

Joybuy Expands into UK Market, Challenging Amazon and Local Retailers
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The Woolroom's Success in International Markets Recognized with King's Award for Enterprise

The Woolroom's Success in International Markets Recognized with King's Award for Enterprise

The Woolroom's Success in International Markets Recognized with King's Award for Enterprise
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Trading Day: Markets draw breath

Trading Day: Markets draw breath

By Jamie McGeever ORLANDO, Florida, May 7 (Reuters) - U.S. and global stocks hit new highs before ending lower on Thursday as chip stocks gave back some of their blistering gains, while oil clawed back earlier losses as doubts around a U.S.-Iran peace deal pushed Brent crude back above $100 a barrel
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Wall Street soars, oil plunges as China calls for comprehensive ceasefire in Iran-US war

Wall Street soars, oil plunges as China calls for comprehensive ceasefire in Iran-US war

Markets on Wall Street soared overnight and U.S. crude prices plunged 13% after China’s foreign minister called for a comprehensive ceasefire in the Iran war, the latest spark of optimism that the two-month war could end soon
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Accused Chinese Agent Allegedly Operated NYC 'Police Station' to Monitor Dissidents

Accused Chinese Agent Allegedly Operated NYC 'Police Station' to Monitor Dissidents

Lu Jianwang, also known as Harry Lu, is accused of operating a secret Chinese government outpost in New York City to monitor a pro-democracy dissident. Prosecutors allege that Lu, a naturalized U.S. citizen, took orders from China's Ministry of Public Security. The site, located in Manhattan, was allegedly used to track dissidents and was marked as a 'Fuzhou Police Overseas Service Station.' Lu's defense argues that the location was a community center for local Chinese residents. The trial is expected to reveal more about China's influence operations in the U.S.
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Oil prices fall and stocks rise on hopes for a deal to allow crude to flow from the Persian Gulf

Oil prices fall and stocks rise on hopes for a deal to allow crude to flow from the Persian Gulf

Crude oil prices are sinking, and stock markets are bursting higher worldwide with hopes that the United States and Iran are nearing a deal to allow ships to once again deliver crude from the Persian Gulf
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German Defense Minister Warns of Capability Gap Amid U.S. Troop Withdrawal

German Defense Minister Warns of Capability Gap Amid U.S. Troop Withdrawal

Germany's Defense Minister Boris Pistorius has expressed concerns over a capability gap in long-range strike capabilities following the Trump administration's decision to withdraw U.S. troops from Germany. This move disrupts a previous plan to temporarily deploy U.S. missile systems in Germany as a stopgap measure until European alternatives are developed. The withdrawal has left Germany seeking ways to compensate for the gap, with plans to modernize existing missile stocks and develop new systems in collaboration with the UK and France. The situation underscores Germany's reliance on U.S. military support and the challenges of developing independent defense capabilities.
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US and Bahrain push UN-backed action for Hormuz as Washington seeks maritime coalition

US and Bahrain push UN-backed action for Hormuz as Washington seeks maritime coalition

By John Irish PARIS, May 5 (Reuters) - U.N.
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China's Export Policy Increases Solar Installation Costs in the UK

China's Export Policy Increases Solar Installation Costs in the UK

China's recent decision to scale back export tax rebates for solar and battery products is leading to higher installation costs in the UK energy market. As of April 1, 2026, China ended export VAT rebates on photovoltaic products and reduced battery export rebates, with plans to remove them entirely by 2027. This policy change has resulted in a 12% increase in average solar installation costs in the UK. The UK's reliance on Chinese-made components is directly impacting household costs, as these additional expenses are incorporated into the prices quoted for solar and battery systems. The situation raises concerns about the UK's clean energy future, as it highlights the risks of dependency on overseas supply chains and policy changes.
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Morning Bid: Stocks surge in Seoul as Samsung surpasses Berkshire

Morning Bid: Stocks surge in Seoul as Samsung surpasses Berkshire

A look at the day ahead in European and global markets from Gregor Stuart Hunter Global stocks were at record highs on Wednesday as some of Asia's biggest markets returned from a holiday in euphoric mood and resumed ramping up AI-related trades.
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Wall Street inches higher and oil edges lower before the bell despite flare-up in Iran war

Wall Street inches higher and oil edges lower before the bell despite flare-up in Iran war

Wall Street rebounded and oil prices retreated as tensions escalated in the war between the U.S. and Iran