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US federal appeals court rehears ex-national security adviser Flynn's case - World - Chinadaily.com.cn

US-based electric vehicle manufacturer Tesla announced in July that it will establish its first overseas factory in Shanghai. The wholly foreign-owned plant is slated to produce 500,000 electric vehicles each year. The company regards the CIIE as a chance to grab bigger share of Chinese market, Yicai reported.

US stocks opened higher following a 4-percent surge in Chinese stocks and positive sentiment across Europe on Moody's decision to keep Italy's sovereign rating outlook stable.

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US stocks fell on the opening for the second day in a row Tuesday as the rout in oil prices underscored investor doubts about the strength of the economy ravaged by government-ordered shutdowns.

Uber announced this week that it is acquiring Middle Eastern rival Careem Networks for .1 billion, ending a ride-hailing battle and expanding its presence in a region of some 400 million people. The takeover of Dubai-based Careem is Uber's largest acquisition.

US District Court Judge Allison Burroughs, who was nominated by then Democratic President Barack Obama and seated in 2015, is presiding over the trial.

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US President Donald Trump said on Thursday that he would visit China in November, and First Lady Melania Trump is expected to accompany him, according to White House and State Department sources.

US-listed Huami Corp is ratcheting up resources allocated to digital healthcare services, after the five-year-old company saw spectacular sales performance for smartwatches and fitness trackers.

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US stocks ended sharply lower on Monday, as worries about trade tensions and a sharp decline in tech shares weighed on investor sentiment.

US President Donald Trump fired FBI Director James Comey on Tuesday, amid an investigation into Russian ties to the Trump campaign and meddling in the 2016 election.