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Sri Lankan state workers strike, protesting high taxes

Sri Lankan state workers strike, protesting high taxes 1

COLOMBO, Sri Lanka — Sri Lankan health, railway, port and other state workers were on a daylong strike Wednesday to protest against sharp increases in income taxes and electricity charges, as the island nation awaits approval of an International Monetary…

Spotify, Salesforce.com, Ford rise; Xylem falls

Spotify, Salesforce.com, Ford rise; Xylem falls 3

NEW YORK — Stocks that traded heavily or had substantial price changes Monday: Spotify Inc., up $2.03 to $99.94. The music streaming service is cutting 6% of its workforce, the latest tech company to retrench as the economic outlook worsens.…

South African leader skips Davos amid electricity crisis

South African leader skips Davos amid electricity crisis 19

JOHANNESBURG — South African President Cyril Ramaphosa has canceled his trip to the World Economic Forum in Davos in order to deal with his country’s worsening power blackouts. Ramaphosa’s office made the announcement in a statement late Sunday. He had…