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The scheme will be delivered in phases, starting with upgrades to lines between Leeds, York, Bradford and Sheffield.
Beijing reported the largest-ever trade surplus at $1.19tn as China diversified its trade.
Saks Global, which owns Saks Fifth Avenue and Neiman Marcus, files for Chapter 11 bankruptcy protection, leaving questions about the luxury retailer's future.
The government needs to significantly boost its capacity of offshore wind projects if it is to meet its clean power targets.
Nvidia has been caught in a tug-of-war between the US and China as the countries compete for AI dominance.

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