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Nikki Haley, former UN ambassador, and Mike Pompeo will not join Trump's administration, as announced on Truth Social. Despite her endorsement of Trump after a contentious primary, he stated he would not invite her to serve in any capacity. Haley expressed pride in her past work with Trump, wishing him success.
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UK Prime Minister Keir Starmer met Chinese President Xi Jinping at the G20 summit in Rio de Janeiro, marking the first meeting between a British leader and Xi since 2018. Starmer aimed to mend UK-China relations while addressing human rights concerns, including the case of detained activist Jimmy Lai.
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Meta has announced plans to develop 1 to 4 gigawatts of nuclear energy to support its AI data centers, joining other tech giants in seeking sustainable energy solutions. This initiative aims to meet the increasing energy demands driven by AI advancements while contributing to a reliable power grid.
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Volkswagen has announced the sale of its assembly plant in Urumqi, Xinjiang, to a subsidiary of Shanghai Lingang Development Group. This move comes as the company shifts focus towards electric vehicles, extending its joint venture with SAIC Motor until 2040. The sale addresses both economic pressures and human rights concerns in the region.
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Three American citizens, Mark Swidan, Kai Li, and John Leung, have been released from Chinese detention in a rare diplomatic agreement between the U.S. and China. Their release follows a prisoner swap, marking a significant development in U.S.-China relations just before the transition to a new administration.
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Fast Retailing CEO Tadashi Yanai confirmed Uniqlo does not use cotton from Xinjiang, China, amid allegations of forced labor. His comments have sparked calls for a boycott on Chinese social media, threatening Uniqlo's significant market presence in China, which accounts for over 20% of its revenue.