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When will Shanghai open businesses up?

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Shanghai authorities will gradually allow the reopening of businesses, including shopping malls and hair salons from Monday

China’s financial and manufacturing hub has been under strict Covid lockdown for weeks, with millions of residents essentially trapped in their homes.

Shanghai is hoping these next few days will mark its final push in its campaign against the virus.

Shopping malls, department stores, and supermarkets will begin resuming in-store operations.

Hair salons and vegetable markets will also reopen with social distancing requirements and density limits in force.

But some of the 25 million residents are questioning whether the reopenings will actually happen, reacting negatively online to the official announcements.

China has largely been able to keep COVID case numbers to a minimum, but is struggling to contain the highly-infectious Omicron variant.

The World Health Organisation recently warned the nation’s approach is not “sustainable”… but the country is expected to stay the course until the next congress of the ruling Communist Party.

This is when President Xi Jinping is expected to secure a third term as leader.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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