By Nicole Goodkind and Julia Horowitz, CNN Business Almost two months after Russia’s invasion of Ukraine, the global metals trade remains in turmoil. What’s happening: The scarcity of commodities like copper, nickel and zinc — hastened by punitive sanctions on Russia and high energy prices — has broken down a century-old system, costing financial giants
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By Laura He, CNN Business Toyota and Volkswagen are gradually bringing their China factories back on line after they were closed for weeks because of Covid lockdowns. Toyota said on Monday it’s preparing to resume operations in Changchun, Jilin province — one of China’s largest auto manufacturing hubs — following a month-long pause. “We have
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By Laura He, CNN Business China’s economy made a solid start to the year, recording first quarter growth that surpassed expectations. But a recent slump in consumer spending and rising unemployment suggest much tougher months ahead with dozens of cities still under Covid lockdowns. China’s gross domestic product grew 4.8% in the three months to
Continue Reading By Laura He, CNN Business China’s economy made a solid start to the year, recording first quarter growth that surpassed expectations. But a recent slump in consumer spending and rising unemployment suggest much tougher months ahead with dozens of cities still under Covid lockdowns. China’s gross domestic product grew 4.8% in the three months to
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By Beth Marengo and Samaria Parker, CNN Over the past 70 years, media mogul Rupert Murdoch built a small Australian family newspaper company into arguably the most powerful conservative media empire in history. With a market cap of $13.50 billion, News Corp is one of the most influential companies on the planet. The story behind
Continue Reading By Beth Marengo and Samaria Parker, CNN Over the past 70 years, media mogul Rupert Murdoch built a small Australian family newspaper company into arguably the most powerful conservative media empire in history. With a market cap of $13.50 billion, News Corp is one of the most influential companies on the planet. The story behind
Continue Reading By Beth Marengo and Samaria Parker, CNN Over the past 70 years, media mogul Rupert Murdoch built a small Australian family newspaper company into arguably the most powerful conservative media empire in history. With a market cap of $13.50 billion, News Corp is one of the most influential companies on the planet. The story behind
Continue Reading By Beth Marengo and Samaria Parker, CNN Over the past 70 years, media mogul Rupert Murdoch built a small Australian family newspaper company into arguably the most powerful conservative media empire in history. With a market cap of $13.50 billion, News Corp is one of the most influential companies on the planet. The story behind
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By Ramishah Maruf, CNN It’s hard to find out what’s going on inside Russia as its attack on Ukraine rages. So those looking for news of what’s going on there are looking to neighboring Estonia, CNN’s Scott Mclean reported from its capital Tallinn, for “Reliable Sources” Sunday. “Eastern neighbors in Estonia have long been hooked
Continue Reading By Ramishah Maruf, CNN It’s hard to find out what’s going on inside Russia as its attack on Ukraine rages. So those looking for news of what’s going on there are looking to neighboring Estonia, CNN’s Scott Mclean reported from its capital Tallinn, for “Reliable Sources” Sunday. “Eastern neighbors in Estonia have long been hooked
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By Theresa Waldrop and Luis Jaime RodrÃguez, CNN A SpaceX Falcon 9 rocket once again successfully launched a US spy satellite from the Vandenberg Space Force Base in California, the company said. The Falcon 9 was developed by Elon Musk’s SpaceX to be the first orbital-class rocket capable of launching multiple missions, as a way
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By Frank Pallotta, CNN Business “Saturday Night Live” opened up its episode this holiday weekend with the Easter Bunny, who had some special guests to pass on some special holiday messages. “Hello, everyone! It’s really me, the Easter Bunny,” cast member Bowen Yang in a bunny outfit said during the episode’s cold open. “Either that,
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By Nicole Goodkind, CNN Business Nearly 400 million people across 45 cities in China are under full or partial lockdown as part of China’s strict zero-Covid policy. Together they represent 40%, or $7.2 trillion, of annual gross domestic product for the world’s second-largest economy, according to data from Nomura Holdings. Analysts are ringing warning bells,
Continue Reading By Frank Pallotta, CNN Business “Saturday Night Live” opened up its episode this holiday weekend with the Easter Bunny, who had some special guests to pass on some special holiday messages. “Hello, everyone! It’s really me, the Easter Bunny,” cast member Bowen Yang in a bunny outfit said during the episode’s cold open. “Either that,
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By Zoe Sottile, CNN Peep, peep: Springtime’s favorite candy is back, now in the form of Peeps-flavored ice cream. Cold Stone Creamery is selling a chilly twist on the classic chick-shaped marshmallows with Peeps sundaes, which you can have delivered to your home for free on Easter. The treat consists of Peeps-flavored ice cream with
Continue Reading By Zoe Sottile, CNN Peep, peep: Springtime’s favorite candy is back, now in the form of Peeps-flavored ice cream. Cold Stone Creamery is selling a chilly twist on the classic chick-shaped marshmallows with Peeps sundaes, which you can have delivered to your home for free on Easter. The treat consists of Peeps-flavored ice cream with
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By Gregory Wallace Pilots at Southwest Airlines and Delta Air Lines say pilot exhaustion is on the rise, and they’re pressing the airlines treat fatigue and the mistakes that result as a safety risk. “Fatigue, both acute and cumulative, has become Southwest Airlines’ number-one safety threat,” the Southwest Airlines Pilots Association, or SWAPA, told airline
Continue Reading By Gregory Wallace Pilots at Southwest Airlines and Delta Air Lines say pilot exhaustion is on the rise, and they’re pressing the airlines treat fatigue and the mistakes that result as a safety risk. “Fatigue, both acute and cumulative, has become Southwest Airlines’ number-one safety threat,” the Southwest Airlines Pilots Association, or SWAPA, told airline
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Reuters Ukraine’s richest man has pledged to help rebuild the besieged city of Mariupol, a place close to his heart where he owns two vast steelworks that he says will once again compete globally. Rinat Akhmetov has seen his business empire shattered by eight years of fighting in Ukraine’s east but remains defiant, sure that
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By Alicia Wallace and Vanessa Yurkevich, CNN A weeklong protest by Texas Gov. Greg Abbott against President Biden’s recent immigration policy reached a resolution on Friday, but the gridlock it created has resulted in hundreds of millions of lost dollars and delays in shipments of everything from avocados to automobile parts that will have a
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