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World News

Why Chinese real estate empire lost $5B

Hong Kong (CNN Business)Billions of dollars were wiped off the value of a Shanghai real estate empire this week after its founder was detained by Chinese police, reportedly on suspicion of child molestation. Billionaire

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World News

Putin: Fire-hit sub was nuclear-powered

(CNN)A deepwater submersible that caught fire Monday was nuclear-powered, according to Russia's President Vladimir Putin.Putin's comments came during a conversation with the country's defense chief, who confirmed that the incident was caused by a

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