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Mercedes quarterly profit slumps as China, tariffs weigh

By Rachel More BERLIN, April 29 (Reuters) - Mercedes-Benz reported a sharp drop in first-quarter operating profit but beat forecasts on Wednesday, as the German premium carmaker battles to shore up dwindling margins and revive weak demand in key markets like China. The automaker reported earnings... Read More.

China blocks Meta from acquiring AI startup Manus

HONG KONG (AP) - China on Monday blocked Meta's acquisition of the artificial intelligence startup Manus, which has Chinese roots but is Singapore-based. In a short statement, China's National Development and Reform Commission, the country's top planning agency, said it was prohibiting a foreign acquisition... Read More.

China to send giant pandas to Atlanta again

BEIJING (AP) - Atlanta will have giant pandas again. China on Friday announced it will send two giant pandas to Zoo Atlanta in the U.S., in Beijing's latest efforts of panda diplomacy despite tensions with Washington, and less than a month before a much-anticipated visit... Read More.