Fed holds fire on interest rates despite intensifying inflation

US bans imports from 3 Chinese biotech companies over forced labor allegations

US bans imports from 3 Chinese biotech companies over forced labor allegations The Trump administration says it's blocking shipments from Chinese biotech company BGI and its affiliates, alleging ties to forced labor WASHINGTON -- The Trump administration said Wednesday that it is blocking shipments by the Chinese biotech company BGI Group and its affiliates, alleging ties to forced labor in China's far-west ethnic region of Xinjiang. Starting Thursday, U.S. Customs and Border Protection will...

Microsoft posts $92.3bn in quarterly revenue after offering buyouts to 60,000 employees

Software giant reports $36.6bn in profit, beating Wall Street expectations, as Azure cloud computing division grows 48%Microsoft gained billions of dollars in stock market value Wednesday afternoon after it reported better than expected revenue and profit, just days after it offered voluntary buyouts to some 60,000 employees. The office software giant’s growth was fueled by its Azure cloud computing division, which grew by 48% in the September quarter.

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Man charged with attempted murder of taxi driver

A man is to appear in court after being charged with the attempted murder of Sean O'Reilly last year.