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FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter

China's antitrust regulator bulks up as crackdown on behemoths widens

China’s competition watchdog is adding staff and resources as it cracks down on anti-competitive behavior. Its most recent action, a $2.75 billion fine on e-commerce giant Alibaba, underscores challenges for companies including global firms.


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Ecuador weighs returning to socialism in presidential runoff

QUITO (Reuters) -Ecuadoreans voted in a presidential runoff on Sunday to decide whether to maintain the pro-market policies of the last four years or return to the socialism of the preceding decade as the Andean country seeks to revive its stagnant economy.


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