Chinese EV maker Xpeng files for U.S. listing after rival surges

BEIJING (Reuters) – Chinese electric vehicle (EV) maker Xpeng Inc, backed by Alibaba (BABA.N) and Xiaomi Corp (1810.HK), has filed to list its shares in New York, seeking to ride enthusiasm for EVs even as U.S.-China relations are strained. The move, announced on Friday, comes as share prices of EV makers including Tesla Inc (TSLA.O) and Nio Inc (NIO.N) have […]

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Milwaukee police chief demoted over tear-gas use, other concerns

MADISON, Wis. — An oversight board demoted Milwaukee Police Chief Alfonso Morales after questioning how he handled multiple incidents, including ordering officers to fire tear gas and pepper spray at protesters demonstrating over George Floyd’s death. The city’s Fire and Police Commission unanimously voted Thursday evening to demote Morales to captain after two-and-a-half years on the job. The chief’s attorney, […]

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Money Hacks Podcast: Why insurance is good risk management during uncertain times

Money Hacks Ep 74: Why insurance is good risk management during uncertain times 10:42 min Synopsis: Updated fortnightly on Mondays, The Business Times breaks down useful financial tips. This episode is aimed at how to understand basic personal risk management amid the market turmoil this year. Host Chris Lim speaks remotely with SingSaver’s founder and country manager Rohith Murthy. They […]

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WarnerMedia restructures to focus on HBO Max, senior executives out

(Reuters) – WarnerMedia executives Bob Greenblatt and Kevin Reilly, who oversaw the creation of the HBO Max streaming business, will leave as part of a broad restructuring focused around the streaming service, the company said on Friday. The shake-up also includes the consolidation of film and TV studios under Warner Bros Chief Executive Ann Sarnoff. The restructuring marks the first […]

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How are exam grades being decided in England this year?

What happened with exams this year? The government cancelled GCSE and A-level exams in England in March because of the Covid-19 pandemic. The administrations in Wales, Scotland and Northern Ireland did the same with their exams. How will grades be decided this year? Grades in England will be “standardised”, taking into account teachers’ assessments and class rankings, a student’s prior […]

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Lebanon sees possible 'external interference' in blast

BEIRUT (Reuters) – Lebanon’s president said on Friday its investigation into the biggest blast in Beirut’s history would examine whether it was caused by a bomb or other external interference, as residents sought to rebuild shattered homes and lives. Rescuers sifted rubble in a race to find anyone still alive after Tuesday’s port explosion that killed 154 people, injured 5,000, […]

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U.N. condemns air strikes in Yemen that reportedly killed children

ADEN (Reuters) – An unconfirmed but large number of civilians, including children, were killed in air strikes in northern Yemen on Thursday, the United Nations said. Field reports indicate that as many as nine children were killed and seven children and two women were injured, humanitarian coordination agency UNOCHA said in a statement on Friday about strikes that hit al-Jawf […]

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