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EU recommends withholding funds for Hungary over graft concerns
The European Commission has today proposed budget protection measures to the Council under the conditionality regulation
 "EU recommends withholding funds for Hungary over graft concerns")
Russia's secret gem sales fracturing diamond trade from Mumbai to New York
Many in the industry refuse to deal in Russian gems following the invasion of Ukraine and after mining giant Alrosa PJSC was hit with US sanctions
 "Russia's secret gem sales fracturing diamond trade from Mumbai to New York")
Tech rivalry with US is adding headwinds to China's troubled stock markets
From biotech to electric vehicles, shares of China's key manufacturers have seen heavy selling recently as US initiatives to secure domestic supply chains and solidify its industrial superiority
 "Tech rivalry with US is adding headwinds to China's troubled stock markets")
China's Chengdu to lift Covid lockdown of whole city from Monday
Local residents still need to have at least one Covid test each week and negative results within 72 hours are needed for entering public venues and taking public transportation
 "China's Chengdu to lift Covid lockdown of whole city from Monday")
Pakistan facing risk of fresh floods, more deaths as toll crosses 1,500
Although waters have started receding in some areas, authorities are worried heavy rains in parts of neighboring India could swell key rivers in Pakistan
 "Pakistan facing risk of fresh floods, more deaths as toll crosses 1,500")
German Chancellor Olaf Scholz betting billions of euros on securing energy
Scholz's strategy adds pressure on the country's finances at a time when Germany already risks tipping into recession
 "German Chancellor Olaf Scholz betting billions of euros on securing energy")
As US' IPO market languishes, stock listings head east to booming China
Stock listings in Asia have raised $104 billion this year, accounting for a record 68% of global volume, data compiled by Bloomberg show
 "As US' IPO market languishes, stock listings head east to booming China")
ByteDance to buy back $3-billion shares after IPO stalls, says report
The offered price per share of just under $177 gave the company an implied valuation of $300 billion
 "ByteDance to buy back $3-billion shares after IPO stalls, says report")
China sanctions Boeing, Raytheon executives for Taiwan arms deal
Previous sanctions by China have restricted people from entering China, Hong Kong or Macau, or doing business there, measures that would likely have little effect on Colbert or Hayes
 "China sanctions Boeing, Raytheon executives for Taiwan arms deal")
Gautam Adani's elder son to oversee newly acquired cement companies
An announcement on Karan's appointment could come as soon as Friday, the people said. A representative for Adani Group declined to comment.
 "Gautam Adani's elder son to oversee newly acquired cement companies")
Apple relying on upscale shoppers to turn latest iPhone into a hit
The iPhone 14 lineup reserves the best features for the high-end Pro models costing at least $1,000
 "Apple relying on upscale shoppers to turn latest iPhone into a hit")
China's housing prices fall again in August as slump reaches an year
New-home prices in 70 cities, excluding state-subsidized housing, dropped 0.29% last month from July, when they fell 0.11%, National Bureau of Statistics figures showed
 "China's housing prices fall again in August as slump reaches an year")
China's economy shows signs of recovery in August as stimulus ramps up
Industrial production growth accelerated to 4.2%, the National Bureau of Statistics said Friday, beating economists' forecast of a 3.8% increase
 "China's economy shows signs of recovery in August as stimulus ramps up")
Blockchain trilemma: What's next for Ethereum after long-awaited 'Merge'?
The long-awaited software revision, termed the Merge, shifted the blockchain from a so-called proof-of-work system to a more energy efficient proof-of-stake method for securing the network.
 "Blockchain trilemma: What's next for Ethereum after long-awaited 'Merge'?")
Elon Musk demands ex-Twitter product chief testify in takeover fight
Elon Musk is demanding Twitter Inc. make the former head of its consumer division answer questions about spam or robot accounts on the social-media platform that are central to his legal battle.
 "Elon Musk demands ex-Twitter product chief testify in takeover fight")
After the mess in Ukraine, is Vladimir Putin of any use to Russia?
Putin's claim to power has evolved over his nearly 22 years atop the Kremlin
 "After the mess in Ukraine, is Vladimir Putin of any use to Russia?")
iPhone maker Foxconn's India plant should draw lessons from the US
Wisconsin never hit its targets. And neither will Gujarat
 "iPhone maker Foxconn's India plant should draw lessons from the US")
Indonesia's plan to shut coal plants over next 30 yrs struggles for support
The Southeast Asian country plans to eliminate 15 Gigawatt of coal-generation over that time, requiring more than $600 billion of capital support, said Erick Thohir
 "Indonesia's plan to shut coal plants over next 30 yrs struggles for support")
Ethereum upgrades technology to cut CO2 output by 99%: Report
Even though completed, the Merge could be followed by days or even weeks of hiccups, based on what happened after some prior Ethereum software updates
 "Ethereum upgrades technology to cut CO2 output by 99%: Report")
Amazon keeps prices 'artificially high' for consumers, California alleges
He said the agreements block competition from other online retailers, resulting in inflated fees for merchants and higher prices for consumers
 "Amazon keeps prices 'artificially high' for consumers, California alleges")