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US to extend license for its companies to continue business with Huawei: Sources
The US President Donald Trump administration is set to issue a two-week extension of a license allowing US companies to continue doing business with China’s Huawei Technologies Co. Ltd, two sources familiar with the deliberations said.
Sources: BoJ to cut price forecasts, keep rosy economic view
The Bank of Japan (BoJ) is expected to cut its inflation forecasts at next week’s rate review, sources say, a sign slumping oil prices and a darkening global economic outlook are heightening challenges for hitting its ambitious two percent target.
Sources: China's AI startup Megvii raising $500m at $3.5b valuation
Chinese artificial intelligence provider Megvii Inc., commonly known as Face++, is targeting to raise $500 million in a new funding round that pegs the current valuation of the firm at $3.5 billion, people with knowledge of the matter said.
Sources: Alibaba suffers rare 'down round' investment as Babytree's HK IPO prices low
China’s Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, people close to the deal said, reducing its valuation and implying a ‘down round’ for investor Alibaba Group Holding Ltd.
Sources: Apple cancels production boost for budget iPhone XR
Apple signaled disappointing demand for the new iPhone XR, telling its top smartphone assemblers Foxconn and Pegatron to halt plans for additional production lines dedicated to the relatively cost-effective model that hit shelves in late October, sources said.
Sources: Tencent Music delays $2 billion US IPO due to weak markets
Tencent Music Entertainment has delayed its planned US initial public offering (IPO) until at least November as the owner of China’s most popular music apps prefers to wait for global stock markets to stabilize, three sources said.
Sources: S. Arabia backs down from blocking UN climate report
Oil giant Saudi Arabia backed down at the last minute Saturday from obstructing the adoption of a major report by the UN's climate science panel, sources told AFP.
Sources: Much detail, little progress in US-China talks
US-China trade talks this week were heavy on details but short on progress as Washington’s negotiators outlined cases of American firms harmed by Chinese practices and China argued it was meeting its World Trade Organization (WTO) obligations, people familiar with contents of the discussions said.
Sources: Peru to tighten entry requirements for Venezuelans as migration surges
The government of Peruvian President Martin Vizcarra is going to start barring Venezuelan migrants from entering the country unless they have passports, two government sources said on Thursday, following a similar decision in neighboring Ecuador.
Study reveals how humans estimate distance from sound sources
A study published in the Proceedings of the National Academy of Sciences shed light on a novel mechanism that is employed by humans to estimate their relative distance from sound sources.
Power potential of renewable energy sources being harmed by climate change
Climate change is affecting wind energy’s potential to provide power, diminishing a renewable energy source that scientists and policymakers are counting on to replace fossil fuels, according to two scientific studies.
Trump angry, lonely after foreign trip: Sources
Sources close to President Donald Trump say the US president has been “down in the dumps” since he returned to the White House from his first foreign trip.
Japan plans to join US strike group headed for Korean Peninsula: Sources
Japan plans a joint military drill with the US Navy strike group that has been heading toward North Korea, potentially escalating an already-tense situation in the region.
Sources: Shakespeare expected to be named Leicester manager by season’s end
Craig Shakespeare is expected to be confirmed as Leicester City's manager until the end of the season early next week, according to Sky sources.
US cancels back-channel talks with North Korea: Sources
The United States has decided not to issue visas for a North Korean delegation that had been due to take part in planned “back-channel” talks with former US officials in New York.

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