UK economy emerges from recession with 0.6% growth in first quarter
The U.K. economy has emerged from a technical recession as gross domestic product rose 0.6% in the first quarter, beating expectations.
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The U.S. is now Germany's biggest trading partner — taking over from China
After years of China being Germany’s main trading partner, the U.S. quietly overtook that spot in the first quarter of the year, data calculations show.
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House committee asks Microsoft's Brad Smith to attend hearing on security lapses
Microsoft has been facing pressure after Chinese hackers breached Commerce Secretary Gina Raimondo’s email account. Congress wants to get involved.
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China's biggest chipmaker SMIC warns of ‘fierce' competition as it misses quarterly profit expectations
Net income in the first quarter plunged 68.9% from a year ago to $71.79 million.
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European companies in China are under pressure from slower growth, overcapacity
European companies are finding it harder to make money in China as growth slows and overcapacity pressures increase, according to an annual business survey.