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U.S. companies to keep prices high as supply chain headaches persist

The largest U.S. manufacturers including General Motors, General Electric, 3M and Boeing face logistics headaches and higher costs due to global supply bottlenecks that are likely to persist into next year but agreed the hit to profits can be mitigated by charging higher prices for their goods.
United States Larry Culp Andrea Ricci Mary Barra Bernard Orr Thomson Reuters Trust Principles

China's Xi calls for new progress in military equipment, weapons

China's President Xi Jinping called for efforts to "break new ground" in military equipment and weapons development for the People's Liberation Army, China's armed forces, according to a report from the official Xinhua media on Tuesday.
Zhang Youxia Raissa Kasolowsky Thomson Reuters Trust Principles China Central Military Commission People Liberation Army President Xi Jinping

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