Reddit bans ‘The_Donald’ forum amid broad social media crackdown

Social media site Reddit on Monday shut down r/The_Donald, a forum which long served as a popular online home base for fans of President Donald Trump, saying it violated the site’s hate speech rules. Other sites also conducted high-profile sweeps: Amazon.com Inc’s (AMZN.O) live-streaming platform Twitch temporarily banned Trump’s official channel, saying it violated Twitch’s […]

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China service sector grows at fastest pace in seven months in June: official PMI

Activity in China’s services sector expanded at its fastest pace in 7 months in June, official data showed on Tuesday, suggesting consumer confidence is rapidly recovering even as Beijing ramps up coronavirus curbs after a resurgence in infections in the capital. The official non-manufacturing Purchasing Managers’ Index (PMI) rose to 54.4, from 53.6 in May, […]

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China’s factory activity quickens, but pandemic drags on exporters and recovery

China’s factory activity expanded at a stronger pace in June after the government lifted lockdowns and stepped up investment, but persistent weakness in export orders suggests the coronavirus crisis will remain a drag on the economy for some time. The official manufacturing Purchasing Manager’s Index (PMI) came in at 50.9 in June, compared with May’s […]

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