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NIO: 'Tesla killer' wants better US-China cooperation

By Robin BrantBBC News, Shanghaiimage copyrightGetty ImagesThe billionaire founder of the Chinese electric vehicle (EV) company that's now one of the most valuable car makers in the world has called on the leaders of the US and China to develop "better trust in each other" as they try to reach a new deal on reducing…
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Australia provokes China anger over scrapped deals

image copyrightReutersimage captionAustralia's Foreign Minister Marise PayneAustralia has scrapped agreements tied to China's Belt and Road initiative, prompting anger from Beijing and adding further strain to tense relations between the countries. The federal government used new powers to rip up two deals made between the state of Victoria and China. Canberra said it was backing…
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E.On compensates customers after Christmas blunder

image copyrightGetty ImagesE.On will pay more than £650,000 in compensation after the energy giant took payments from customers earlier than agreed, leaving some people facing financial difficulties over Christmas.Energy regulator Ofgem said the firm took money from 1.6 million customers on 24 December instead of in January.Consequently, customers may have experienced "difficulty making payments in…
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Employment: North and Midlands 'leading jobs recovery

image copyrightGetty ImagesBritain's jobs growth is being led by cities and towns in the North and Midlands, according to a report.Hiring has gathered pace since lockdown started to ease, but the growth is unevenly spread, joint research by the Centre of Cities think-tank and jobs site Indeed found.Barnsley and Mansfield have seen the biggest rises…
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Tata 'sues Liberty Steel over unpaid debts'

image copyrightPAimage captionThe Stocksbridge factory near Sheffield makes products for the motor and aerospace industriesTata is suing rival Liberty Steel over claims of unpaid debts, according to a report.The claim relates to missed payments from Liberty's flagship £100m takeover of Tata's speciality steels business in 2017, the Daily Telegraph said.Liberty Steel owner GFG Alliance is…
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Heathrow refuses to allow extra flights from India

By Simon BrowningBusiness reporter, BBC Newsimage copyrightGetty ImagesHeathrow Airport has refused to allow extra flights from India before the country is added to the UK travel red list on Friday.It turned down down the requests from airlines because of concerns about queues at passport control.The airport told the BBC that it did not want to…