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Alibaba-backed Xpeng climbs sharply on New York stock debut

Shares in Chinese electric vehicle maker Xpeng Motors rose more than 40 percent on its New York debut, as a boom in Tesla shares prompted the country’s startups to accelerate their expansion plans. Xpeng, backed by e-commerce group Alibaba, rose as much as 67 percent on the New York Stock Exchange on Thursday before reducing some of those earnings to …

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The debuts of ‘Halo Infinite’ are sharply criticized by the fans, the developers react

In 2018, Microsoft introduced the next ambitious entry in the long-standing first-person shooter game series “Halo”: “Halo Infinite”. This game will be released this Christmas along with the next generation Xbox Series X, and Microsoft first showed “Infinite” in action last week. The reaction of the fans was extremely critical: The graphics were described as flat and not worthy of …

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According to Twitter, subscription options are being considered as advertising revenue drops sharply

“You will likely see some tests of different approaches this year,” Dorsey told analysts during an investor call to discuss the company’s second quarter results. Dorsey said he had “a really high bar if we asked consumers to pay for aspects of Twitter,” but confirmed that the company was trying to diversify its revenue streams in “very, very early stages …

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In South Africa, the coronavirus rises sharply because the oxygen supply in the epicenter is running low

In South Africa there is an increase in coronavirus cases, particularly in the province of Gauteng, where the capital Johannesburg is located, where hospitals are reaching their capacities and medical oxygen is becoming scarce. The country, which is in the southern hemisphere and is currently in the middle of winter, is now preparing for what Health Minister Zweli Mkhize has …

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Dow drops sharply when Coronavirus Spike blocks US bounceback

Shares declined on Thursday as the US set another record for new coronavirus cases and raised doubts about a rapid recovery in the economy. The Dow Jones Industrial Average fell 470 points, or 1.8%, to 25,596, the S&P 500 fell 1.38%, and the Nasdaq fell 0.79%. The tech-heavy index had hit an intraday record high on Thursday. Walgreens Boots Alliance …

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Air traffic jumps on the weekend of July 4th, but has continued to drop sharply since 2019 amid the pandemic

Passengers with facial masks arrive at McCarran International Airport in Las Vegas on Tuesday, June 30, 2020 and leave the D Concousre. Bill Clark | CQ appeal | Getty Images At the weekend of July 4th, more travelers rose to the sky, but airlines are still experiencing low demand compared to last summer due to the coronavirus pandemic. During the …

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Crime is falling sharply, even in the most violent US cities

The coronavirus pandemic, which has crippled large retailers and small businesses around the world, could also affect illegal business. In Chicago, one of the most violent places in the United States, drug arrests have decreased 42% year over year in the weeks since the city closed. Some lawyers say part of the reason for this decline is that traders have …

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