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Representative image of gold bars and tanker traffic in the Strait of Hormuz, illustrating why gold prices climbed to a one-month high even as the waterway was declared completely open.

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J&T Express to acquire China-based Fengwang Express for $170m

J&T Express, a global logistics service provider, has agreed to acquire Shenzhen Fengwang Information Technology (Fengwang Information), the…

byPallavi Madhiraju

May 13, 2023

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