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Hong Kong's popular Octopus card expands to mainland China
Hong Kong's popular Octopus card expands to mainland China
Economy
by  AFP

Hong Kong's popular Octopus tap-and-go card will be accepted on public transport in more than 336 mainland Chinese cities from Tuesday, the e-payment company has announced. Under the new scheme, the Octopus-China card will be accepted on buses, subways, trains and ferries in about half of the cities in mainland China.

Troubled Boeing announces CEO Dave Calhoun to step down
Troubled Boeing announces CEO Dave Calhoun to step down
Economy
by  AFP

Boeing announced Monday that CEO Dave Calhoun would leave his post as the aviation giant faces increased scrutiny after a series of safety incidents and manufacturing issues. US regulators last month gave Boeing 90 days to come up with a plan addressing quality control issues, with the regulatory Federal Aviation Administration saying the company must "commit to real and profound improvements."