Baidu traffic data showed Beijing has fallen from being the most congested city in all of China to 74th place.
Credit Suisse shareholders on Wednesday approved a 4 billion Swiss franc ($4.2 billion) capital raise aimed at financing the embattled lender’s massive strategic overhaul.
Rapid deterioration of smartphone demand, along with an easing of supply chain bottlenecks, resulted in an overabundance of chips at Qualcomm.
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