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A respected British think tank slammed Prime Minister Boris Johnson’s Brexit deal on Wednesday, concluding that the economy would be 3.5 per cent smaller compared with staying in the European Union. The study by the National Institute of Economic and Social Research says the agreement would deliver a 70 billion-pound (USD 90 billion) blow to the UK Researchers said that the outlook is clouded by political and economic uncertainty. “We would not expect economic activity to be boosted by the approval of the government’s proposed Brexit deal,” the group said.…

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Pakistan on Wednesday issued a Rs 50 commemorative coin to mark the 550th birth anniversary of Guru Nanak Dev, the founder of the Sikh religion in November. In a Facebook post, Prime Minister Imran Khan shared a picture of the coin. “Pakistan issues commemorative coin to mark the 550th anniversary of Guru Nanak Devji,” Khan said in the post. The coin comes ahead of the inauguration of the landmark Kartarpur Corridor by Prime Minster Khan on November 9, three days before the 550th birth anniversary celebrations of Guru Nanak. The…

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Shanghai, Oct 29 (AFP) Chinese internet start-up ByteDance, whose globally popular app TikTok has raised US security concerns, on Tuesday denied reports that it was considering an initial public offering in Hong Kong in the first quarter of next year. ByteDance, which is said to be valued at up to 75 billion, was reported by the Financial Times to be eyeing a listing in the city despite months of violent political protests there. The report had cited unidentified sources. “There is absolutely zero truth to the rumors that we plan…

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