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WASHINGTON -- The US Food and Drug Administration (FDA) Friday issued authorization for emergency use of the first COVID-19 vaccine in the United States.

Wanda's commercial management branch and Tencent will hold 51 percent and 42.48 percent shares of the new company, respectively, while GaoPeng, a joint venture by US group-buying website Groupon and Tencent, will hold the remaining 6.52 percent.

WASHINGTON -- US manufacturing activities contracted for the first time in three years in August, data released Tuesday by the Institute for Supply Management (ISM) showed.

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Wang Dongjin, head of China National Petroleum Corp, said that CNPC had fully considered the concerns of the participating economies when running projects overseas. Their investment in public welfare has covered all related countries, and the number of people who directly benefited exceeds 2 million. In Kazakhstan, the CNPC is a stakeholder in Aktobe Munai Gaz, and the company created more than 30,000 jobs for locals.

WASHINGTON -- US President said on Wednesday that he will have lunch with Russian President Vladimir Putin among other leaders during his planned trip to Paris but no meeting was expected.

WASHINGTON — US President Trump says he agrees 'wholeheartedly' with vice president pence's condemnation of acts targeting Obama, the Clintons and CNN.

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WASHINGTON - US employers cut 701,000 jobs in March, and the unemployment rate soared to 4.4 percent, showing the first job decline in a decade, the US Bureau of Labor Statistics reported Friday.

WASHINGTON -- US airlines have received an emergency order issued by the US Federal Aviation Administration (FAA) directing an inspection of critical engine parts of certain Boeing 737 airplanes following reports of single-engine shutdowns during flights.

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Walmart's announcement on Tuesday is expected to reduce its share of the nation's ammunition market to 6 percent, from 20 percent. Walmart said last month that it accounted for about 2 percent of the nation's firearm sales.

Walmart also spent big on technology in 2015. Despite that, the company’s e-commerce sales are slowing. The quarter saw an 8-percent increase in e-commerce revenue in the fourth quarter, down from 10 percent in the third, and 16 percent in the second.