Business and Economy
Japan growth slows as new PM readies stimulus
AFP - 15m ago
Japan's growth slowed in the third quarter, official data showed Friday, as Prime Minister Shigeru Ishiba seeks to …
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China retail sales pick up speed, beat forecasts in October
AFP - 21m ago
China's retail sales last month grew at their fastest clip since the start of the year, official figures showed Friday, …
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Asian markets fluctuate at end of tough week
Nov 15 2024
Asian markets were mixed Friday after Federal Reserve boss Jerome Powell tempered expectations for interest rate cuts, …
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Xi, Biden in Peru for APEC summit, pre-Trump face-to-face
Nov 15 2024
US President Joe Biden and his Chinese counterpart Xi Jinping arrived in Peru Thursday for an Asia-Pacific summit where …
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Xi inaugurates South America's first Chinese-funded port in Peru
Nov 15 2024
Chinese President Xi Jinping on Thursday inaugurated Latin America's first Beijing-funded port in Chancay, Peru -- a …
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Policymakers defend Fed independence amid concerns about Trump era
AFP - 3h ago
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that …
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US stocks fall as traders weigh future Fed cuts, Trump moves
AFP - 5h ago
US stocks slipped Thursday as investors digested comments from Federal Reserve Chair Jerome Powell, while worries over …
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Fed chair calls US the best-performing major economy in the world
AFP - 6h ago
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair …
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China's Xi arrives in Peru for APEC summit, Biden meeting
AFP - 3h ago
Chinese President Xi Jinping arrived in Peru Thursday for an Asia-Pacific summit where he will meet US counterpart Joe …
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New York to revive driver congestion charge plan, drawing Trump ire
AFP - 8h ago
New York said Thursday it will revive a controversial scheme to charge drivers entering parts of the city, a first in …
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'Harness the now': British singer Imogen Heap embraces AI
AFP - 8h ago
Unlike the bulk of her peers, Grammy-winning British singer Imogen Heap is embracing the use of artificial intelligence …
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New York to revive driver congestion charge plan
AFP - 47m ago
New York said Thursday it will revive a controversial scheme to charge drivers entering parts of the city, a first in …
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Sotheby's to pay $6.25 mln in tax fraud case
AFP - 9h ago
The auction house Sotheby's will pay $6.25 million to settle charges that it helped art buyers avoid paying taxes.
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US stocks wobble as traders weigh future Fed cuts
AFP - 4h ago
US stocks wobbled on Thursday as investors waited for more clues about future interest rate cuts and worries over Donald …
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Satirical US outlet The Onion buys conspiracy site Infowars
AFP - 11h ago
Satirical news outlet The Onion said Thursday it had acquired Infowars, a conspiracy-laden website whose owner made …
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UK government announces ban on new coal mines
AFP - 5h ago
The UK announced Thursday that it would introduce legislation to ban new coal mines, as the Labour government ramps up …
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Legal migration to OECD reaches new record in 2023
AFP - 11h ago
Migration to richer countries reached a record level for the second year running in 2023, the OECD said on Thursday, …
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Central bank independence 'fundamental' for good policy: Fed official
AFP - 11h ago
An independent central bank is "fundamental" to good economic outcomes, a senior Federal Reserve official said Thursday, …
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EU fines Meta $840 million for 'abusive' Facebook ad practices
AFP - 4h ago
The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its …
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Stock markets rise as traders weigh future Fed cuts
AFP - 2h ago
US and European stocks rose on Thursday as investors waited for more clues about future interest rate cuts, while …
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Coach owner Tapestry calls off Capri bid on regulatory blocks
AFP - 13h ago
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands …
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Stock markets diverge as traders weigh future Fed cuts
AFP - 3h ago
Stock markets diverged on Thursday as investors digested US inflation data that supported the case for another interest …
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Burberry launches turnaround plan as posts loss
AFP - 5h ago
Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global …
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Most markets drop as traders weigh Fed; bitcoin eases
AFP - 3h ago
Markets mostly fell Thursday as investors digested US inflation data that supported the case for another interest rate …
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Most Asian markets drop as traders weigh Fed; bitcoin eases
AFP - 1h ago
Asian markets mostly fell Thursday as investors digested US inflation data that supported the case for another interest …
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Greece's ambitious 'smart city' by the sea takes shape
AFP - 8h ago
High above the sparkling surface of the Athens coastline, the cranes for building the 50-floor luxury tower centrepiece …
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Corruption overshadows Ukraine's multi-billion reconstruction progam
AFP - 9h ago
When Bart Gruyaert agreed to help rebuild destroyed apartment blocks outside Kyiv, he hoped to be one cog in Ukraine's …
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Dating apps move to friend zone in search of profits
AFP - 12h ago
Burnt-out love-seekers are shunning dating apps in their millions, but the apps are trying to woo them back with a …
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As Trump returns, African exporters torn between hope and horror
AFP - 12h ago
Citrus growers in South Africa are among the businesses most nervous that duty-and-quota-free exports to the United …
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Asian markets mixed as traders weigh Fed; bitcoin above $90,000
AFP - 4h ago
Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest …
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'First Buddy': Musk takes unusual star role with Trump
AFP - 16h ago
As Donald Trump prepares his return to the White House, one of his most omnipresent confidants has been not his running …
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Buy now, pay later: Latin America pressured by Chinese online shops
AFP - 14h ago
Isidora Olave opens a package containing a T-shirt, a skirt and a handful of glitter stickers shipped to her front door …
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Workers stage walkout at US maker of Fallout video game
AFP - 16h ago
Hundreds of US workers at the video game giant behind Fallout staged a one-day strike Wednesday over outsourcing and …
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Bitcoin hits new highs, markets stall amid US inflation increase
Nov 13 2024
Global equities stalled Wednesday while bitcoin hit a fresh high as traders digested a small rise in inflation and …
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Trump victory signals golden era for crypto industry
Nov 13 2024
Donald Trump's triumphant return to the White House signals a potential golden era for cryptocurrencies, whose …
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New push for EU-South America trade deal despite French fury
Nov 13 2024
A controversial trade deal between the EU and South America's Mercosur bloc is back in the spotlight with renewed hopes …
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Tech's green wave hits choppy waters
Nov 13 2024
Tech entrepreneurs have spent years selling the dream that we can save the planet without changing our ways, but the …
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Markets stall, inflation and bitcoin rise amid Trump fears
Nov 13 2024
Global equities stalled Wednesday while bitcoin hit a fresh high as traders fret over the impact of Donald Trump's …
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US consumer inflation rises in October on higher housing costs
Nov 13 2024
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data …
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UK's The Guardian stops posting on 'toxic media platform' X
Nov 13 2024
Britain's The Guardian newspaper announced Wednesday it would no longer post content from its official accounts on Elon …
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India delivery app Swiggy shares gain on market debut
Nov 13 2024
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the …
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Stock markets diverge as Trump fears build
Nov 13 2024
Global stock markets diverged Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and …
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Most Asian markets extend losses as Trump fears build
Nov 13 2024
Asian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and …
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7-Eleven owner announces counter-bid to foreign buyout
Nov 13 2024
The Japanese owner of 7-Eleven said Wednesday its founding family had offered a counter-bid to a takeover attempt by …
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Asian markets extend losses as Trump fears build
Nov 13 2024
Asian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and …
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Elon Musk: rocket man takes aim at Washington
Nov 13 2024
Billionaire Elon Musk took a wild gamble backing Donald Trump's White House candidacy, but the bet has paid off -- at …
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Australian airlines cancel Bali flights after volcano erupts
Nov 13 2024
Several Australian airlines on Wednesday cancelled their flights to and from the Indonesian resort island of Bali, after …
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China's Xi heads to Peru for APEC meeting shrouded in Trump fears
Nov 13 2024
Chinese leader Xi Jinping headed to Peru on Wednesday, bound for a meeting of Asia-Pacific Economic Cooperation (APEC) …
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7-Eleven owner considers going private to avoid foreign buyout: reports
Nov 13 2024
The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover …
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Trump presidency raises fresh conflict of interest concerns
Nov 13 2024
Donald Trump's impending White House return poses questions once again about conflicts of interest related to his …
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Aga Khan emerald fetches record $9 mn in Geneva auction
Nov 13 2024
A rare square 37-carat emerald owned by the Aga Khan fetched nearly nine million dollars at auction in Geneva on …
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US bans flights to Haiti after three jetliners hit by gunfire
Nov 12 2024
The United States on Tuesday banned all civilian flights to Haiti for a month, a day after three jetliners approaching …
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Global stocks slip as markets take post-US election breather
Nov 12 2024
A stocks rally following Donald Trump's US election win lost steam Tuesday as traders looked to consolidate recent …
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Climate cash should also go to nuclear, says UN atomic chief
Nov 12 2024
The head of the United Nations nuclear watchdog said Tuesday that atomic power should also be allowed to tap into …
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Free Facebook in EU with less targeted ads
Nov 12 2024
Under pressure by EU regulators, Meta said Tuesday it was offering non-paying users of its Facebook and Instagram …
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UN carbon market inches closer after COP29 agreement
Nov 12 2024
The creation of a UN-backed global carbon market has taken a step closer to reality with governments approving new …
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Trump tariff worries trip up stocks rally, dollar climbs
Nov 12 2024
A stocks rally following Donald Trump's re-election lost steam Tuesday on worries of a possible trade war between China …
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Boeing expects post-strike output recovery to take several weeks
Nov 12 2024
Boeing said Tuesday that it delivered 14 aircraft in October, but production will likely take several weeks to return to …
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EU vessels to cease fishing in Senegal after accord expires
Nov 12 2024
European fishing vessels will imminently cease activities in Senegalese waters after the non-renewal of an agreement …
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Lindt disputes US lawsuit claims, stands by 'excellence' labelling
Nov 12 2024
Top Swiss chocolatier Lindt & Sprungli is disputing claims brought by US consumers in a class action lawsuit concerning …
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Trump tariff worries trip up stocks rally
Nov 12 2024
A stocks rally following Donald Trump's re-election lost steam Tuesday on worries of a possible trade war between China …
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UK to beef up its emissions cuts as it bids to be 'climate leader'
Nov 12 2024
The UK will aim to reduce greenhouse gas emissions by 81 percent on 1990 levels by 2035, Prime Minister Keir Starmer …
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Court challenge begins against UK oil and gas field approvals
Nov 12 2024
Two environmental groups kicked off a legal challenge in Scotland on Tuesday to block the Rosebank and Jackdaw oil and …
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Nations to submit boosted climate plans: what's at stake?
Nov 12 2024
Nations have begun setting carbon-cutting targets for the decade ahead, and how ambitious these pledges are could make …
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Bayer shares hit 20-yr low as problems pile up
Nov 12 2024
Bayer's shares plunged to a 20-year low Tuesday after the German chemicals giant cut its earnings outlook and posted a …
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Tech sector gathers in Lisbon in shadow of Trump victory
Nov 12 2024
Leading lights of the tech industry met in Lisbon on Tuesday for the Web Summit, the sector's first big event since the …
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C.Africa urges lifting of embargo on diamond exports
Nov 12 2024
The Central African Republic (CAR) sought Tuesday to convince the regulatory body for global diamond trading to lift all …
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Stock markets retreat on Trump tariff worries
Nov 12 2024
European and Asian stock markets slid Tuesday on worries of a possible trade war between China and the United States …
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New EU chief diplomat backs Ukraine as bloc's top team faces grilling
Nov 12 2024
The European Union's designated foreign policy chief said Tuesday that the bloc must back Ukraine "for as long as it …
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Asian markets drop as Trump worries kick in after China disappoints
Nov 12 2024
Asian markets sank Tuesday as worries about the impact of a possible trade war between China and the United States when …
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China planning to cut taxes on home buying: report
Nov 12 2024
China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real …
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Dutch court to rule in Shell climate appeal
Nov 12 2024
Dutch judges will on Tuesday rule on an appeal by oil giant Shell against a landmark judgement binding it to reduce …
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Nintendo courts non-gamers in 'about-turn' strategy
Nov 12 2024
Once confined to rectangular screens, chirpy plumber Mario and pointy-eared Princess Zelda are popping up in theme parks …
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China's largest air show takes off with fighter jets, attack drones
Nov 12 2024
Fighter jets and attack drones took centre stage as China's largest air show officially opened on Tuesday, an …
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Australia moves to keep its banks in the Pacific
Nov 12 2024
Australia will move to stem the exodus of its banks from the Pacific Islands, the country's top economic official said, …
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Sri Lanka's leftist president faces first parliament test
Nov 12 2024
Sri Lanka's new leftist leader has drawn strong support from an unlikely source as he seeks to expand his three …
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Asian markets stutter with focus on China as Trump picks team
Nov 12 2024
Traders struggled Tuesday to bounce back from the previous day's losses in most markets sparked by disappointment over …
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Bees help tackle elephant-human conflict in Kenya
Nov 12 2024
"We used to hate elephants a lot," Kenyan farmer Charity Mwangome says, pausing from her work under the shade of a …
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Italy and Lufthansa reach deal on ITA Airways stake
Nov 12 2024
The Italian government and Lufthansa reached a deal on the sale of a stake in flag carrier ITA Airways to the German …
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Fears of Trump trade wars cast pall over Asia-Pacific summit
Nov 12 2024
The presidents of the United States, China and other Asia Pacific nations gather in Lima this week for an economic …
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Boeing reaches settlement to avert civil trial in MAX crash
Nov 12 2024
Beleaguered aviation giant Boeing reached a last-minute settlement Monday with the family of a woman killed in the crash …
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Defunct crypto group FTX seeks to claw back $1.8 bn from Binance
Nov 11 2024
The liquidators of the defunct cryptocurrency exchange FTX have sued to try to claw back $1.8 billion paid by the …
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Peru's Chancay: China's megaport of entry to South America
Nov 11 2024
Huge cranes loom over Peru's massive new Chinese-funded Chancay port, a symbol of Beijing's growing influence in South …
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Stocks and dollar climb, bitcoin hits record high
Nov 11 2024
US and European stocks mostly climbed, while the dollar rose and bitcoin extended a record run on Monday, as traders …
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Lindt melted own 'excellence' claim in US lawsuit: reports
Nov 11 2024
In a bid to dodge a US lawsuit, Swiss chocolatier Lindt & Sprungli has scuppered its own claims about the excellence of …
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'London's best-kept secret': UK's largest wholesale market turns 50
Nov 11 2024
By the time most Londoners had rolled out of bed on Monday morning, Gary Marshall was already winding down for the day …
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Stocks diverge, bitcoin hits record high
Nov 11 2024
Major stock markets diverged, the dollar gained and bitcoin extended a record run higher Monday, as traders took their …
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China's 'Singles Day' shopping spree in spotlight as spending flags
Nov 11 2024
China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that …
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China says to impose anti-dumping measures on EU brandy
Nov 11 2024
China said Monday it will impose "temporary anti-dumping measures" on brandy imported from the European Union, deepening …
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Asian stocks struggle as China support plan falls flat, bitcoin hits record
Nov 11 2024
Most Asian markets fell Monday after China's keenly awaited plans to support the world's number two economy fell short …
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Asian stocks drop as China support plan falls flat, bitcoin hits record
Nov 11 2024
Asian markets fell Monday after China's keenly anticipated plans to support the world's number two economy fell short of …
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Asia, the world's economic engine, prepares for Trump shock
Nov 10 2024
Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on …
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Trump victory poses challenges for the Fed's independence
Nov 10 2024
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially …
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US farmers gird for trade wars on Trump tariff pledges
Nov 10 2024
Donald Trump's first White House term saw a bruising trade war with China that left a lingering impact on farmers -- and …
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Boeing to face civil trial over 2019 MAX crash
Nov 09 2024
Beleaguered aviation giant Boeing is set to confront another hurdle next week when it faces a civil trial over the March …
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US stocks hit fresh records as European bourses retreat
Nov 08 2024
Wall Street stocks closed at fresh records Friday, extending a post-election rally while European equities pulled back …
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After Trump victory, EU leaders vow 'urgent' economic reform
Nov 08 2024
EU leaders on Friday pledged to overhaul the bloc's economy with radical changes recommended in a landmark report, in …
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UK rules drivers on Bolt ride-hailing platform are employees
Nov 08 2024
UK drivers using the Bolt ride-hailing platform should be considered employees and have access to rights such as the …
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European businesses brace for Trump return
Nov 08 2024
The return of Donald Trump and his protectionist agenda to the White House will likely rock US trade relations with the …
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On Kinshasa's streets hairdressers make a quick buck
Nov 08 2024
Standing in a makeshift salon on the side of a dusty backstreet in Democratic Republic of Congo capital Kinshasa Papy …
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Stock markets waver after US election rally, rate cut
Nov 08 2024
Wall Street shares mostly rose but global stock markets fell on Friday following rallies this week as investors weighed …
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Cartier owner's profit sinks as China sales slump
Nov 08 2024
Cartier owner Richemont posted Friday a hefty drop in net profit for the first half of the year as watch sales sank in …
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