Business and Economy
Chinese 'underground bankers' launder Sinaloa drug money: US
AFP - 23m ago
The US Justice Department on Tuesday accused Chinese "underground bankers" of helping Mexico's Sinaloa Cartel launder …
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Christian studio eyes 'culture wars' challenge to Hollywood
AFP - 23m ago
Hollywood's alleged "wokeness" is a frequent target for right-wing commentators and politicians.
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Mouse shakers, power naps: Corporate America fights 'keyboard fraud'
Jun 19 2024
A US banking giant fired more than a dozen employees for "simulating keyboard activity," highlighting a battle within …
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Despite sanctions, Russia still gets hands on Western goods
Jun 19 2024
A Kansas businessman shipped banned avionics equipment to Russia through Armenia, the UAE and other third countries. A …
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Most Asian markets advance after latest Wall St record
Jun 19 2024
Equities rose across most of Asia on Wednesday following yet another record day in New York fuelled by data that boosted …
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Music platform CEO says AI is not the enemy
Jun 19 2024
Musicians around the world have described artificial intelligence as a threat to creativity, but the CEO of one popular …
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AI goes mainstream as 'AI PCs' hit the market
Jun 19 2024
A new line of PCs specially made to run artificial intelligence programs hit stores on Tuesday as tech companies push …
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Boeing CEO recognizes 'gravity' of safety crisis but sees 'progress'
AFP - 5h ago
Boeing's CEO acknowledged to a US congressional panel Tuesday that the company's culture was imperfect, but insisted the …
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'Dandy' Pharrell Williams kicks off Paris Fashion Week for Vuitton
AFP - 6h ago
Paris Fashion Week kicked off on Tuesday with hip-hop mogul Pharrell Williams playing on the language of one-world unity …
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Fresh records for Nvidia, Nasdaq despite sluggish retail sales data
AFP - 6h ago
Nvidia edged out other tech giants Tuesday to become the world's most valuable publicly traded company, a rise that also …
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Kenya scraps most new tax hikes amid protest clashes
AFP - 6h ago
Kenya's government on Tuesday scrapped plans to impose multiple tax hikes, the presidency said, amending a controversial …
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Boeing Starliner return to Earth set for June 26
AFP - 8h ago
NASA and Boeing are targeting a June 26 return to Earth of the Boeing Starliner from the International Space Station, …
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Louis Vuitton kicks off Paris fashion week in diplomatic style
AFP - 3h ago
Paris Fashion Week kicked off on Tuesday with hip-hop mogul Pharrell Williams putting on his latest branding event for …
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Kenya scraps most new tax hikes as hundreds protest
AFP - 1h ago
Kenya's government on Tuesday walked back plans to impose multiple tax hikes, the presidency said, amending a …
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Nvidia becomes world's most valuable company on stock market
AFP - 10h ago
Nvidia edged ahead of other tech companies Tuesday to become the world's most valuable publicly traded company in the …
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Senior US Fed official optimistic about inflation fight
AFP - 10h ago
A senior Federal Reserve official said Tuesday that she is optimistic about the US central bank's progress against …
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Stock markets mostly rise on rate cut hopes
AFP - 5h ago
Stock markets mostly advanced Tuesday as a drop in US retail sales raised hopes that the Federal Reserve would have room …
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London regains stock market crown as turmoil hits Paris
AFP - 11h ago
The London Stock Exchange is once again Europe's biggest stock market by valuation after reclaiming the crown from Paris …
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Boeing CEO to face Capitol Hill grilling
AFP - 5h ago
Boeing CEO Dave Calhoun is expected to apologize to families of crash victims on Tuesday as he faces a Senate grilling …
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US retail sales come in below expectations in May
AFP - 4h ago
US retail sales came in below expectations for a second straight month in May as gas station revenues fell sharply, the …
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Louis Vuitton kicks off fashion week with diplomatic style
AFP - 6h ago
Paris Fashion Week kicked off on Tuesday with hip-hop mogul Pharrell Williams putting on his latest branding event for …
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Kenya police arrest demonstrators as hundreds protest new tax hikes
AFP - 3h ago
Kenyan police fired tear gas and arrested at least a dozen demonstrators Tuesday as hundreds of people gathered near …
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Asian markets rise with Wall St as traders eye latest US data
AFP - 6h ago
Asian equities rallied Tuesday, tracking another tech-driven record on Wall Street, while investors awaited fresh US …
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Meteoric rise of South Korea's webtoons powers Nasdaq IPO
AFP - 23h ago
When Bae Jin-soo quit his well-paying job at one of South Korea's biggest conglomerates to write stories, his parents …
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Hong Kong bourse to keep trading through severe weather: leader
AFP - 15h ago
Hong Kong's stock exchange will continue trading through typhoons and heavy storms from September, the city's leader …
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Wall Street stocks end at fresh records
Jun 17 2024
Wall Street stocks rallied to fresh records Monday behind enthusiasm over artificial intelligence, while European …
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Adidas shares slide following China corruption claims
Jun 17 2024
Adidas shares slid Monday as the German sportswear giant said it was investigating alleged bribery in China after senior …
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Stock markets edge higher, oil climbs
Jun 17 2024
Stock markets edged higher on both sides of the Atlantic on Monday despite fading hopes for US interest rate cuts and …
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Argentines pawn family jewels to make ends meet
Jun 17 2024
In Argentina's strangled economy, one sector is thriving: the pawn shops buying up gold and other family treasures that …
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Stock markets diverge tracking US, Europe outlooks
Jun 17 2024
Global stock markets diverged Monday as traders assess the US Federal Reserve's plans for interest-rate cuts while …
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Over $1 bn to be pledged for Africa vaccine sovereignty: France
Jun 17 2024
More than one billion dollars will be pledged towards ramping up vaccine production in Africa at a summit held in Paris …
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China launches anti-dumping probe into EU pork imports
Jun 17 2024
China said Monday it had launched an anti-dumping investigation into pork imports from the European Union, the latest …
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Chairman of Italy's state-controlled shipbuilder dies
Jun 17 2024
The chairman of Italy's state-controlled shipbuilder Fincantieri, Claudio Graziano, a retired general who once headed …
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China says launches anti-dumping probe into EU pork imports
Jun 17 2024
China said Monday it had launched an anti-dumping investigation into pork imports from the European Union, the latest …
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Asian stocks drop after tepid Wall St lead, euro dips further
Jun 17 2024
Asian markets fell Monday to extend last week's losses, with traders trying to assess the Federal Reserve's plans for …
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Asian stocks struggle after tepid Wall St lead, euro dips further
Jun 17 2024
Asian markets mostly fell Monday following last week's losses, with traders trying to assess the Federal Reserve's plans …
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Shareholders OK with soaring executive pay in US
Jun 17 2024
Executive salaries at major US corporations are soaring -- but shareholders happy with stock prices and greater …
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Illegal gold mining eats into Peruvian Amazon
Jun 17 2024
On the banks of the Madre de Dios river, dredges work day and night in search of gold, part of a scourge of illegal …
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Serbia could mine lithium as early as 2028: FT
Jun 16 2024
President Aleksandar Vucic said Serbia could exploit lithium as early as 2028 following new guarantees from Australian …
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Chinese Premier Li toasts warming trade ties in Australia
Jun 16 2024
Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday to celebrate a …
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Senegalese eye elegance for Eid at half the price
Jun 16 2024
In a second-hand shop in the suburbs of Senegal's capital, Seynabou Sarr is inundated with orders days before West …
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Israel's 'economic war' chokes occupied West Bank
Jun 16 2024
Palestinian teenagers bounced on trampolines and jumped through hoops inside a towering tent on the outskirts of …
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I.Coast relies on livestock from crisis-hit Sahel for Eid
Jun 15 2024
At a muddy market in a city district in Ivory Coast, hundreds of animals are lined up to be sacrificed for this Sunday's …
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French stocks drag down European markets on vote fears
Jun 14 2024
The Paris stock exchange plunged to its worst weekly performance in more than two years on Friday, dragging down other …
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G7 hammers China over Russia ties, 'harmful' trade
Jun 14 2024
G7 leaders meeting in Italy Friday hardened their tone against China, warning Beijing to stop sending weapons components …
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North Macedonia's beekeepers face climate change challenge
Jun 14 2024
Every day, Magda Miloseska dons a white, protective suit and enters the domain of the honeybees in the backyard of her …
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French stocks drag down European markets on election jitters
Jun 14 2024
The Paris stock exchange plunged towards its worst week in more than two years on Friday, dragging down other European …
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China Premier Li backs 'dialogue, not confrontation' in New Zealand
Jun 14 2024
Chinese Premier Li Qiang said Friday he supported "dialogue, not confrontation" during a visit to New Zealand where he …
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European stocks slide on French vote jitters
Jun 14 2024
European stock markets slid and the euro retreated Friday on lingering concerns over France's looming snap election, …
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Bank of Japan to scale down huge bond-buying programme
Jun 14 2024
The Bank of Japan on Friday said it would trim its vast hoard of government bonds as it cautiously steps away from its …
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Yen drops and Nikkei rises as BoJ delays tightening; markets mixed
Jun 14 2024
The yen fell and Tokyo stocks rose on Friday after the Bank of Japan deferred a plan to cut back its bond purchases as …
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France makes 700-mn-euro offer for Atos security units
Jun 14 2024
Debt-laden tech group Atos said Friday the French state has made a 700-million-euro bid for its most sensitive …
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China Premier Li visits Auckland, stirring up hope of new trade
Jun 14 2024
Chinese Premier Li Qiang arrived in New Zealand's northern hub of Auckland on Friday, stirring up hope of new trade …
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China elder care sector plugs smart gadgets to fill workforce gaps
Jun 14 2024
With internet-connected sleep monitors, robotic arms and calorie-counting cafeteria plates, China's elder care industry …
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China waits anxiously for economic plan as gloom reigns
Jun 14 2024
Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, …
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Asian markets, yen drop ahead of key Bank of Japan decision
Jun 14 2024
Asian markets and the yen weakened against the dollar Friday ahead of a policy decision by the Bank of Japan, while the …
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IMF board approves Argentina payout of almost $800 mn
Jun 14 2024
The IMF executive board voted Thursday to approve a payout of almost $800 million for Argentina as it continues a …
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Bond-buying in focus as Bank of Japan decides policy
Jun 14 2024
The Bank of Japan is expected to hold interest rates steady on Friday but reports have said it could gradually reduce …
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Biden, Zelensky hail $50 billion G7 loan for Ukraine
Jun 13 2024
G7 leaders agreed Thursday on a new $50 billion loan for Ukraine using profits from frozen Russian assets, a move Joe …
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Tesla shareholders back huge payout for CEO Musk, company says
Jun 13 2024
Tesla shareholders voted in favor of a huge compensation package for CEO Elon Musk, endorsing the potential windfall …
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Microsoft faces heat from US Congress over cybersecurity
Jun 13 2024
Members of US Congress on Thursday pressed Microsoft to explain a "cascade of avoidable errors" that allowed a Chinese …
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Argentine monthly inflation lowest in 2.5 years
Jun 13 2024
Monthly inflation in economically troubled Argentina came in at 4.2 percent in May, the lowest in two-and-a-half years, …
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European bourses fall amid political unease; Nasdaq ends at new record
Jun 13 2024
Stock markets mostly retreated on Thursday as traders reacted to political uncertainty in Europe and the US Federal …
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Boeing rebuts US assertion of possible MAX prosecution, meeting deadline
Jun 13 2024
Boeing has officially contested a Department of Justice determination that the passenger plane giant can be prosecuted …
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Trump back in Washington, feted by Republican lawmakers
Jun 13 2024
Donald Trump enjoyed an effusive welcome on his return to Washington on Thursday as he rallied support from Republican …
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G7 leaders agree $50 billion loan for Ukraine
Jun 13 2024
G7 leaders agreed Thursday on a new $50 billion loan for Ukraine using profits from frozen Russian assets, support that …
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LVMH, Accor team up to develop Orient Express brand
Jun 13 2024
French hotel group Accor and luxury goods giant LVMH said Thursday they had entered into a "strategic partnership" to …
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Boeing to check undelivered 787s due to fastener issue
Jun 13 2024
Boeing said Thursday it is examining fasteners on some undelivered 787 jets after discovering problems with their …
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Stocks fall after US Fed rate cut plans
Jun 13 2024
Stock markets mostly retreated on Thursday as traders reacted to political uncertainty in Europe and the US Federal …
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Kenya eyes budget deficit with new tax hikes
Jun 13 2024
Kenya's finance minister on Thursday presented the East African nation's biggest ever budget, alongside contentious tax …
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G7 leaders reach 'political deal' on new Ukraine funds: US
Jun 13 2024
G7 leaders agreed at a summit in Italy Thursday on a new $50-billion loan for Ukraine using profits from frozen Russian …
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Russians shrug off sanctions on dollar, euro trading
Jun 13 2024
Russians on the streets of the capital shrugged off new US sanctions on dollar and euro trading Thursday, claiming they …
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Trump in Washington to woo Republican lawmakers
Jun 13 2024
Donald Trump returned to Washington on Thursday to rally support from Republican lawmakers and the business community …
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Stocks diverge after US Fed rate cut plans
Jun 13 2024
Stock markets diverged on Thursday as traders reacted to the US Federal Reserve's plan to only cut interest rates once …
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Russian stock market suspends dollar trades after US sanctions
Jun 13 2024
Russia's main stock exchange halted dollar and euro trades on Thursday after the United States hit Moscow with a new …
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G7 to agree $50-bn Ukraine loan at Italy summit
Jun 13 2024
G7 leaders were set to agree at an Italy summit Thursday on a new $50-billion loan for Ukraine, using profits from …
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Fire at Iraqi oil refinery injures 13: official
Jun 13 2024
A massive fire at an oil refinery in Iraqi Kurdistan injured at least 13 people including firefighters battling to …
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UK's Labour pitches for power with 'wealth creation' pledge
Jun 13 2024
Britain's Labour party launched a "manifesto for wealth creation" Thursday, pledging to get the economy firing again if …
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EU queries major porn platforms over child protection
Jun 13 2024
The European Union on Thursday told three pornographic websites to explain what steps they have taken to protect …
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European stock markets falter
Jun 13 2024
European stock markets faltered Thursday following mixed showings by Asia and on Wall Street, as traders reacted to US …
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Iconic Paris cinema shuts in sign of Champs-Elysees decline
Jun 13 2024
The iconic UGC Normandie cinema on the Champs-Elysees in Paris closed its doors Thursday after 90 years -- with critics …
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Fire at Iraqi oil refinery injures 10: civil defence
Jun 13 2024
A massive fire at an oil refinery in Iraqi Kurdistan injured at least 10 people including firefighters battling to …
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Kenya to present budget with new tax hikes
Jun 13 2024
Kenya's finance minister is due to present Thursday the East African economic powerhouse's biggest ever budget, …
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Why are Chinese electric cars in EU crosshairs?
Jun 13 2024
The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from …
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Asian stocks build on Wall St records after US inflation data
Jun 13 2024
Asian traders extended a rally across world markets on Thursday as they welcomed figures showing US inflation slowed …
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Musk says Tesla shareholders voting for his pay package by 'wide margins'
Jun 13 2024
Tesla CEO Elon Musk said late Wednesday that the electric vehicle company's shareholders were voting to approve his …
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Japan's escargot entrepreneur achieves the 'impossible'
Jun 13 2024
Far from Parisian bistros serving up Burgundy snails, one Japanese man has figured out how to farm the slimy species -- …
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Tesla in last-minute shareholder sprint for huge Musk pay package
Jun 13 2024
Electric vehicle company Tesla kept up the campaign to win last-minute votes ahead of a Thursday shareholder meeting …
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Boeing faces deadline to rebut possible US prosecution
Jun 13 2024
Boeing faces a Thursday deadline to respond to a US Department of Justice determination that the planemaker can be …
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Fired SpaceX workers sue Elon Musk over workplace abuses
Jun 13 2024
Workers fired by SpaceX filed a lawsuit Wednesday accusing Elon Musk of fostering a sexist "Dark Ages" culture at the …
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US Fed holds interest rates, now sees just one cut this year
Jun 12 2024
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, …
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US Fed holds interest rates and pencils at just one cut this year
Jun 12 2024
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, …
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S&P 500, Nasdaq at records despite Fed seeing fewer rate cuts in 2024
Jun 12 2024
European and US stocks mostly rose Wednesday after data showed US inflation slowed in May, with Wall Street indices …
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US Fed holds rates and pencils in just one cut this year
Jun 12 2024
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, …
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Brazil's Lula defends oil exploration near Amazon River
Jun 12 2024
Brazil's President Luiz Inacio Lula da Silva said Wednesday that a controversial offshore oil exploration plan near the …
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EU to hit Chinese electric cars with tariffs of up to 38%
Jun 12 2024
The European Union warned on Wednesday it would slap additional tariffs of up to 38 percent on Chinese electric car …
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Ford says to cut 1,600 more jobs at Valencia factory
Jun 12 2024
US carmaker Ford on Friday said it would seek to cut another 1,600 jobs at its factory near Valencia in eastern Spain, …
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US unveils sweeping sanctions targeting Russia over Ukraine war
Jun 12 2024
The United States announced a raft of new sanctions Wednesday aimed at constraining Moscow's war in Ukraine while …
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FedEx to cut up to 2,000 jobs in Europe
Jun 12 2024
FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the …
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Stock markets jump as US inflation cools, with eyes on Fed
Jun 12 2024
Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut …
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US consumer inflation eases ahead of Fed interest rate decision
Jun 12 2024
Fresh US consumer inflation data published Wednesday is unlikely to sway the Federal Reserve's plans to leave its key …
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Mining giants Vale, BHP propose $25 bn settlement over Brazil dam collapse
AFP - 14m ago
Mining giants Vale and BHP have proposed paying a nearly $25 billion settlement over a 2015 dam collapse in Brazil that …
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G7 reportedly agrees end date for coal-fired power plants
AFP - 54m ago
G7 energy ministers have agreed a time frame for phasing out coal-fired power plants, a British minister said Monday, as …
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US stocks rise on tech outlook as yen rebounds
AFP - 1h ago
The yen rebounded Monday from a 34-year low against the dollar after what some traders speculate could have been the …
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Philips settles US sleep machine cases for $1.1 billion
AFP - 1h ago
Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal to settle US lawsuits over faulty …
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Tesla wins key China security clearance during Musk visit
AFP - 2h ago
Tesla received a key security clearance from China during owner Elon Musk's whistlestop visit to the world's biggest …
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EU says Apple iPad operating system to face stricter rules
AFP - 5h ago
The EU on Monday said Apple's operating system for iPads must comply with tougher new rules that Brussels is imposing to …
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Yen swings after hitting new 34-year low; stocks mixed
AFP - 2h ago
The yen swung in volatile trade Monday as it rebounded soon after hitting a 34-year low against the dollar, fuelling …
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Yen swings after hitting new 34-year low, stocks rally
AFP - 2h ago
The yen swung in volatile trade Monday as it surged soon after hitting a fresh 34-year low against the dollar, fuelling …
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Blackstone strikes chord with $1.6 bn bid for UK music firm
AFP - 9h ago
Struggling UK music rights owner Hipgnosis Songs Fund agreed Monday to an improved $1.6-billion takeover from US private …
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Musk leaves Beijing after Tesla wins key China security clearance
AFP - 47m ago
Tesla boss Elon Musk boarded a plane departing Beijing on Monday, after a whistlestop China visit during which the firm …
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Yen rebounds after hitting 34-year low past 160 per dollar
AFP - 11h ago
The yen surged after diving to a new 34-year low past 160 per dollar on Monday as a forecast-beating US inflation …
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Climate change, Brexit threaten to wilt Dutch tulips
AFP - 12h ago
Arjan Smit gazes out over his tulip fields, a riot of red and pink flowers he has cultivated all his adult life and part …
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Yen sinks to 34-year low past 160 per dollar
AFP - 1h ago
The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented …
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Yen slides to fresh 34-year low against dollar, stocks rally
AFP - 2h ago
The yen slumped to a fresh 34-year low against the dollar on Monday, fuelling expectations Japanese authorities would …
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France moves to acquire key activities of tech giant Atos
Apr 28 2024
French Finance Minister Bruno Le Maire on Sunday said he had moved to acquire the "sovereign activities" of debt-laden …
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Tesla CEO Musk meets China's number two official in Beijing
Apr 28 2024
Tech billionaire and Tesla CEO Elon Musk met in Beijing on Sunday with China's number two official, Premier Li Qiang, …
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Host Saudi tells global economic summit the world has failed Gaza
Apr 28 2024
Saudi Arabia on Sunday said the international community has failed Gaza and reiterated its call for a Palestinian state …
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Pope holds mass in Venice's St Mark's, first trip in months
Apr 28 2024
Pope Francis presided over mass in Saint Mark's Square in Venice on Sunday, warning of environmental damage and …
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Host Saudi warns of economic fallout from Gaza war at global summit
Apr 28 2024
Saudi Arabia on Sunday called for regional "stability", warning of the effects of the ongoing Israel-Hamas war on global …
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Tesla CEO Elon Musk in China for talks
Apr 28 2024
Tech billionaire and Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to …
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US Fed to meet amid dwindling hopes of summer rate cuts
Apr 28 2024
The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a …
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TikTok creators fear economic blow of US ban
Apr 28 2024
Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about books like those …
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Gaza set to dominate Saudi-hosted global economy summit
Apr 28 2024
The war in Gaza and broader Middle East tensions are expected to get top billing at a Saudi-hosted special meeting of …
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Olympic deal shows bubbling market for zero-alcohol beers
Apr 27 2024
For the first time this summer, as sportswomen and men strive for victory in Paris, spectators will be able to sip the …
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Rating agencies doubt France's target to cut massive debt
Apr 26 2024
Two major ratings agencies left their assessment of France's huge debt pile unchanged Friday, but cast doubt on the …
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US stocks rebound on tech earnings, London hits new record
Apr 26 2024
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of …
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Daimler Truck braces for possible strike in 3 southern US states
Apr 26 2024
Around 7,200 workers with Daimler Truck in three southern US states were poised Friday for a potential strike as labor …
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US oil giants' profits dip as Exxon deal nears finish line
Apr 26 2024
ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but …
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France, Germany sign deal on 'tank of the future'
Apr 26 2024
France and Germany on Friday firmed up plans to jointly develop a next-generation battle tank equipped with artificial …
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Man City's Premier League charges to be resolved in 'near future'
Apr 26 2024
Premier League chief executive Richard Masters on Friday revealed the case against Manchester City for alleged financial …
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US Fed's favored inflation measure accelerates, dimming rate cut hopes
Apr 26 2024
The US central bank's favored measure of inflation accelerated last month, according to government data published …
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EU toughens safety rules for online retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are big …
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London stocks hit new record peak on takeovers
Apr 26 2024
London's stock market fired its way to another record peak on Friday, with investors gripped by a series of eye-catching …
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EU toughens safety rules on Chinese fashion retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are large …
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EU toughens rules on Chinese fashion retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are large …
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Cybersecurity firm Darktrace accepts $5 bn takeover
Apr 26 2024
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma …
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Kenyan rugby player turned TikTok star cooks to fight depression
Apr 26 2024
"Done!" -- the catchphrase punctuating former rugby player Dennis Ombachi's cooking videos is as famous as the balcony …
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Yen falls further as Bank of Japan stands pat on rates
Apr 26 2024
The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, …
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Asian markets mixed as strong US tech earnings offset poor data
Apr 26 2024
Markets were mixed on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a …
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Clean energy drives massive BHP takeover bid
Apr 26 2024
BHP's multi-billion-dollar bid to buy rival Anglo American promises to be the largest mining merger deal in decades, and …
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China's EV execs bullish on Western pressure at Beijing car show
Apr 26 2024
Electric vehicle executives at a top car show in China were bullish on prospects for growth, despite a gruelling price …
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Miner Anglo American rejects BHP's $38.8 billion takeover bid
Apr 26 2024
British mining giant Anglo American on Friday rejected a blockbuster $38.8-billion takeover bid from Australian rival …
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Rescue pup to meme star: the real-life 'Dogecoin' dog
Apr 26 2024
Her fluffy face now frail, Kabosu still flashes the enigmatic smile that made her the go-to meme dog for millennials and …
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ByteDance says 'no plans' to sell TikTok after US ban law
Apr 26 2024
Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest …
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Weak yen pressures Bank of Japan rate decision
Apr 26 2024
The Bank of Japan was widely expected to keep its ultra-low interest rates unchanged Friday but analysts say the …
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End of the road? Philippine jeepneys face uncertain future
Apr 26 2024
The first jeepneys rolled onto the streets of the Philippines just after World War II -- noisy, smoke-belching vehicles …
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Japan anime studio draws on talent of autistic artists
Apr 26 2024
Diagnosed with autism, Shoko Sakuma says she struggled working in accounting but now she is putting her childhood love …
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Snap shares pop after revenue tops expectations
Apr 26 2024
Shares in social media company Snap, which runs the youth-focused Snapchat, soared nearly 25 percent on Thursday after …
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Oil: 'Mother of corruption' in Venezuela
Apr 26 2024
Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' …
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Microsoft expands its AI empire abroad
Apr 26 2024
Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial …
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United by grief, families of Boeing crash victims demand justice
Apr 26 2024
They can't bring back their children, siblings or partners, but five years on, the families of the 2019 Boeing crash …
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Microsoft, Google earnings shine as AI drives revenue
Apr 25 2024
Microsoft and Google on Thursday drubbed quarterly earnings expectations as the tech titans continued investing heavily …
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Stocks fall as tech shares sink, US economy slows
Apr 25 2024
London's stock market bucked the trend in reaching another record high on Thursday, but Wall Street and eurozone …
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Google parent Alphabet's Q1 profits beat estimates: company
Apr 25 2024
Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, …
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2 million bottles of Perrier ordered destroyed by French agency
Apr 25 2024
Perrier destroyed two million bottles of its famous sparkling water suspected of being contaminated with "faecal" …
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US to give Micron $6.1 bn for American chip factories
Apr 25 2024
Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in …
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DR Congo accuses Apple of using 'blood minerals' from war-torn east
Apr 25 2024
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted …
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Strong pricing boosts Caterpillar profits
Apr 25 2024
Caterpillar reported a jump in profits Thursday as strong pricing for industrial machinery made up for lower volumes, …
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'Extreme' climate blamed for world's worst wine harvest in 62 years
Apr 25 2024
World wine production dropped 10 percent last year, the biggest fall in more than six decades, because of "extreme" …
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Biden targets fossil fuel power sector with tough new carbon rules
Apr 25 2024
The United States on Thursday announced sweeping new rules requiring coal-fired plants to eliminate nearly all their …
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Tourism must change, mayor says as Venice launches entry fee
Apr 25 2024
Venice's mayor hailed Thursday the smooth launch of a trial of entry fees for day visitors despite protests by …
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Honda announces US$11 bn EV battery and vehicle plant in Canada
Apr 25 2024
Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion …
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American Airlines confirms 2024 forecast despite Q1 loss
Apr 25 2024
American Airlines reported a quarterly loss Thursday on an uptick in labor and other operating costs as the carrier …
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BHP launches $38.8 billion takeover bid for rival Anglo American
Apr 25 2024
Australian mining giant BHP said Thursday it has made a $38.8 billion takeover bid for British rival Anglo American, a …
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Thousands of flights scrapped as French air traffic controllers strike
Apr 25 2024
Thousands of flights were cancelled in France and Europe on Thursday as a strike by French air traffic controllers over …
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US economic growth slows significantly in first quarter
Apr 25 2024
The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending …
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BTS agency files complaint against subsidiary head over breach of trust
Apr 25 2024
The South Korean agency behind K-pop sensation BTS on Thursday filed a legal complaint against its powerhouse …
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Nestle sales slump on weak North America demand for frozen food
Apr 25 2024
Swiss food giant Nestle reported slimmer sales than expected in the first quarter on Thursday, weighed down by weak …
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Turkey central bank holds key interest rate steady
Apr 25 2024
Turkey's central bank held its key interest rate steady on Thursday but warned it could hike it again as the country's …
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Residents protest as Venice launches five-euro entry fee
Apr 25 2024
Venice on Thursday began charging day-trippers for entry, a world first aimed at tackling mass tourism but opposed by …
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Car giants vie for EV crown at Beijing's Auto China show
Apr 25 2024
Chinese car giants locked in a cut-throat price war descended on the capital for the start of the Auto China show …
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Five things we learned at the China Auto Show
Apr 25 2024
One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their …
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Labour pledges to renationalise UK railways
Apr 25 2024
Britain's main Labour opposition on Thursday vowed to renationalise the UK's much-maligned rail services within five …
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US announces sweeping cuts to power sector carbon emissions
Apr 25 2024
President Joe Biden's government on Thursday finalized sweeping plans to curb planet-warming emissions from the nation's …
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London stocks hit new record on blockbuster mining takeover bid
Apr 25 2024
The London stock market smashed another record peak Thursday after British mining titan Anglo American received a …
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BTS agency to file complaint against subsidiary head over breach of trust
Apr 25 2024
The South Korean agency behind K-pop sensation BTS said Thursday it will file a legal complaint against its powerhouse …
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Asian markets mixed as global rally stalls, eyes on yen
Apr 25 2024
Equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning …
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The Myanmar 'water brothers' salvaging shipwrecks on the tide
Apr 25 2024
Diving into the darkness of the Yangon River, Than Nyunt starts another murky sortie in his months-long mission to …
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As 'news deserts' spread, US journalism fights on
Apr 25 2024
Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance by …
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Tough times for Argentine factories as consumers penny-pinch
Apr 25 2024
Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking …
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Strong fleet sales offset electric losses at Ford
Apr 24 2024
Strong sales in Ford's fleet business offset deep losses in electric vehicles where the Detroit auto giant has delayed …
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Meta profits soar but costs of AI cause worry
Apr 24 2024
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of …
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Meta sees profits soar in first quarter
Apr 24 2024
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar …
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Mired in crisis, Boeing reports another loss
Apr 24 2024
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety …
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TikTok to fight US ban law in courts
Apr 24 2024
TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly signed US law that could see the popular app …
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France's Casino supermarket chain to axe up to 3,200 jobs
Apr 24 2024
French supermarket group Casino said Wednesday it would axe between 1,300 and 3,200 jobs as part of a reorganisation …
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Mass cancellations loom despite French air union cancelling strike
Apr 24 2024
Hundreds of flights were cancelled at French airports Thursday despite the country's main air traffic controllers' union …
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TikTok suspends rewards programme after EU probe
Apr 24 2024
TikTok on Wednesday announced the suspension of a feature in its spinoff TikTok Lite app in France and Spain that …
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Germany nudges up growth forecast, ailing economy at 'turning point'
Apr 24 2024
The German government slightly increased its 2024 growth forecast Wednesday, saying there were signs Europe's …
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EU opens probe into China's medical device market
Apr 24 2024
The European Union on Wednesday announced a probe into China's medical devices market, prompting an immediate accusation …
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Italy fines Amazon over 'recurring' purchase option
Apr 24 2024
Italy's competition authority said Wednesday it had fined two Amazon companies 10 million euros ($10.6 million) for …
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German forecast to offer signs if ailing economy on the mend
Apr 24 2024
The German government is expected to raise its latest growth forecasts on Wednesday as Europe's crisis-hit top economy …
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Malaysian airline mogul Fernandes delays retirement
Apr 24 2024
Malaysia's Tony Fernandes, one of Asia's most prominent entrepreneurs, has decided to extend his contract as chief …
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Heineken beer sales pop but hazy days ahead
Apr 24 2024
Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and …
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Asian stocks rise on earnings optimism as US data approaches
Apr 24 2024
Asian equities extended the week's gains Wednesday following a strong rally on Wall Street and another record in London, …
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Chinese sellers go to TikTok school to reach buyers abroad
Apr 24 2024
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform …
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China, future HQ: New ASML boss faces bulging in-tray
Apr 24 2024
Frenchman Christophe Fouquet takes the reins of Dutch chip giant ASML on Wednesday with a daunting to-do list, top of …
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Tesla profits tumble but shares rise on new vehicle plan
Apr 23 2024
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but …
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US markets rise for second straight day as sentiment improves
Apr 23 2024
US stocks rose for a second straight session in New York Tuesday, building on the prior day's momentum following a round …
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Starbucks set for talks with unionized US stores
Apr 23 2024
Starbucks is set to hold talks with labor representatives from stores that have voted to unionize in a key step towards …
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'Harvesting data': Latin American AI startups transform farming
Apr 23 2024
For centuries, farmers used almanacs to try to understand and predict weather patterns.
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French police union threatens to disrupt Olympics relay
Apr 23 2024
A French police trade union threatened Tuesday to disrupt the Olympics torch relay ahead of the start of the Paris Games …
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Will sanctions easing reboot Venezuela's oil industry?
AFP - 1h ago
On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a …
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FAA recommends inspections for more Boeing models
AFP - 1h ago
The US Federal Aviation Administration has recommended that airlines inspect door plugs on Boeing 737-900ER jets after a …
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Musk visits Auschwitz and defends record on anti-Semitism
AFP - 2h ago
Elon Musk on Monday took part in what he called an "incredibly moving" tour of Auschwitz and defended his X platform …
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French farmers meet with PM after threatening more protests
AFP - 3h ago
France's powerful farming unions on Monday met with Prime Minister Gabriel Attal after threatening the government with a …
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Imane Ayissi brings African tradition to Paris couture
AFP - 3h ago
Imane Ayissi is on a mission to put authentic African textiles in the spotlight but faces an uphill battle as a pioneer …
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