Business and Economy
Trump downplays tariffs walk-back, says no country 'off the hook'
AFP - 7m ago
US President Donald Trump warned Sunday that no country would be getting "off the hook" on tariffs despite a 90-day …
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US says tech tariff exemptions may be short-lived
AFP - 2h ago
Recent exemptions to sweeping US import tariffs may be short-lived, top officials said Sunday, with Donald Trump warning …
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Trump advisor Navarro looks to cool spat with Musk
AFP - 2h ago
Donald Trump's trade advisor Peter Navarro on Sunday insisted that "everything's fine with Elon" Musk, after the Tesla …
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'Slow travel' start-up launches cross-Channel crossings by sail
AFP - 7h ago
The crossing may be "a bit choppy", Captain Andrew Simons warns a dozen of his passengers waiting in the French port of …
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China calls on US to 'completely cancel' reciprocal tariffs
AFP - 2h ago
China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced …
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Bulgarian border city hails Schengen tourism boom
AFP - 18h ago
There always used to be a long line of traffic waiting to cross the steel truss Danube Bridge over the river between …
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Indonesia palm oil firms eye new markets as US trade war casts shadow
AFP - 19h ago
Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect …
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US exempts tech imports in tariff step back
AFP - 20h ago
The Trump administration has exempted a raft of consumer electronics from its punishing import tariffs -- offering …
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UK government to take control of British Steel under emergency law
Apr 12 2025
The UK government said it was taking control of Chinese-owned British Steel on Saturday after rushing an emergency law …
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UK passes emergency law to save British Steel
Apr 12 2025
The UK passed an emergency law on Saturday to stop the last British factory that can make steel from scratch shutting …
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UK lawmakers hold emergency debate to save British Steel
Apr 12 2025
UK lawmakers held a rare Saturday parliamentary debate as the government seeks to pass emergency legislation to stop the …
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UK lawmakers begin emergency debate to save British Steel
Apr 12 2025
UK lawmakers held a rare Saturday parliamentary debate as the government seeks to pass emergency legislation to stop the …
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German refinery's plight prompts calls for return of Russian oil
Apr 12 2025
No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because …
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Iraqi markets a haven for pedlars escaping Iran's economic woes
Apr 12 2025
Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a …
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Chinese manufacturers in fighting spirits despite scrapped US orders
Apr 12 2025
On a sweltering spring day, workers at a Christmas tree factory in eastern China rhythmically assembled piles of …
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Argentina receives $42 bn from international financial institutions
Apr 12 2025
Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on …
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Fed official says 'absolutely' ready to intervene in financial markets
Apr 12 2025
The US Federal Reserve is "absolutely" prepared to intervene to help calm nervous financial markets, a senior central …
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Trump defends policy after China hits US with 125% tariffs
Apr 12 2025
President Donald Trump insisted Friday that his tariff policy was "doing really well" despite China hiking levies on US …
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Dollar plunges, stocks wobble over trade war turmoil
Apr 11 2025
Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as …
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Asset flight challenges US safe haven status
Apr 11 2025
The US has long been considered a financial safe haven. The sell-off of the dollar, stocks and Treasury bonds in a spree …
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US senators ask SEC for Trump insider trading probe
Apr 11 2025
A group of US senators on Friday urged the government's markets watchdog to investigate whether President Donald Trump …
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UK parliament recalled to 'protect' British Steel's future
Apr 11 2025
The UK government has recalled parliament this weekend aiming to pass emergency legislation to "take control" of a …
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Canada, US to start trade talks in May: Carney
Apr 11 2025
Canada and the United States will start talks on a new trade deal in early May, Prime Minister Mark Carney said Friday, …
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UN shipping body approves global carbon pricing system
Apr 11 2025
Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb …
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Trump says tariff policy 'doing really well' despite China retaliation
Apr 11 2025
President Donald Trump pledged Friday that his tariff policy is working and will benefit the United States and the …
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African Development Bank chief warns of tariff 'shock wave'
Apr 11 2025
An onslaught of tariffs by the United States will send "shock waves" through African economies, the president of the …
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Jolted by Trump, EU woos new partners from Asia to Latin America
Apr 11 2025
Shaken by Donald Trump's tariff blitz, the EU has embarked on a charm offensive to diversify its alliances in Asia and …
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US Fed officials see higher inflation ahead as consumer confidence plunges
Apr 11 2025
Policymakers at the US Federal Reserve on Friday warned of higher inflation and slower growth ahead due to Donald …
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Trump tariffs unnerve locals in Irish 'pharma' hub
Apr 11 2025
Vast pharmaceutical factories pepper the green landscape in southern Ireland, but the wind turbines next to the plants …
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Dollar slides, stocks diverge as US-China trade war escalates
Apr 11 2025
The dollar tumbled, gold hit a fresh record high and stock markets seesawed Friday as China again retaliated against US …
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UK parliament to be recalled Saturday to discuss British Steel's future
Apr 11 2025
UK lawmakers will be recalled from their Easter break to discuss the future of British Steel in parliament on Saturday, …
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China lifts tariffs on US goods to 125% as trade war escalates
Apr 11 2025
China said Friday it would raise its tariffs on US goods to 125 percent in a further escalation of a trade war that …
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JPMorgan Chase sees 'considerable turbulence' facing economy as profits rise
Apr 11 2025
JPMorgan Chase CEO Jamie Dimon said Friday that US Treasury bonds remained a safe place in an unpredictable world as he …
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Trump's trade whiplash sends dollar into tailspin
Apr 11 2025
The mighty dollar is sliding sharply as President Donald Trump's turbulent trade agenda has battered US credibility in …
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Hope sparkles anew for India's jewellers after US tariff pause
Apr 11 2025
India's gems and jewellery industry is breathing a momentary sigh of relief after US President Donald Trump paused harsh …
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Dollar slides, stocks diverge as China hits back at US tariffs
Apr 11 2025
The dollar tumbled and gold hit a fresh record high on Friday, while stocks diverged as hiked Chinese tariffs on the …
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AGOA: US-Africa trade accord hangs in the balance
Apr 11 2025
The African Growth and Opportunity Act (AGOA), whose future is in doubt since Donald Trump returned to the White House, …
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China slaps 125% tariffs on US goods but to 'ignore' further hikes
Apr 11 2025
China said Friday it would raise tariffs on US goods to 125 percent but would ignore further levies by President Donald …
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Dollar, stocks hit and gold hits record as trade war panic returns
Apr 11 2025
The dollar tumbled with most stocks while gold hit a fresh record high as panic gripped markets again on Friday, while …
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UK's unexpected economic rebound boosts govt amid Trump tariffs
Apr 11 2025
Britain's economy grew far more than expected in February, official data showed Friday, in a rare piece of good news for …
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Xi calls for EU, China to resist Trump trade war 'bullying'
Apr 11 2025
China's President Xi Jinping urged the European Union on Friday to join hands with Beijing in resisting "unilateral …
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Apple’s iPhone 16 hits Indonesia stores after monthslong ban
Apr 11 2025
Smartphone buyers were cheered by shopkeepers in Jakarta on Friday after Apple's latest smartphone went on sale …
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Dollar, stocks hit and gold hits record as Trump tariff panic returns
Apr 11 2025
The dollar tumbled with most stocks while gold hit a fresh record high as panic gripped markets again on Friday after …
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Tesla opens first showroom in oil-rich Saudi
Apr 11 2025
The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich …
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Sweden drowns in discarded fast fashion items
Apr 11 2025
Sweden's recycling centres are overflowing with clothes after an EU-wide ban this year on throwing away textiles, …
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Despite US tariffs pause, southern African economies under threat
Apr 11 2025
Washington's 90-day pause on higher tariffs is of little comfort to southern African economies facing the collapse of a …
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Panama deal allows US to deploy troops to canal
Apr 11 2025
US troops will be able to deploy to a string of bases along the Panama Canal under a joint deal seen by AFP Thursday, a …
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Stocks, dollar hit as Trump admits costs of 'beautiful' trade blitz
Apr 11 2025
Jitters about US tariffs hammered stocks and the dollar again Friday as President Donald Trump acknowledged the costs …
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Stocks, dollar sink and gold hits record as Trump tariff panic returns
Apr 11 2025
Stocks and the dollar tumbled while gold hit a fresh record high as panic gripped markets again Friday after Donald …
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Trump admits trade war 'cost' as markets hit
Apr 11 2025
Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his …
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Despite Trump pause, overall US tariff rate at highest in a century
Apr 11 2025
US President Donald Trump's delay of steeper tariffs may have won brief respite on Wall Street, but analysts say his …
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US auto union praises some Trump tariffs
Apr 11 2025
The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while …
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Wall Street rally fizzles as tariff fears resurface
Apr 10 2025
Wall Street stocks resumed their free fall Thursday while the dollar stumbled as persistent concerns about the economic …
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US-China confrontation overshadows Trump's 'beautiful' trade war
Apr 10 2025
President Donald Trump claimed victory over Europe in the US tariffs war but acknowledged a "cost" to his surging trade …
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Prada to buy Versace for 1.25 bn euros to create new force in Italian fashion
Apr 10 2025
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new …
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US-China trade war surges, overshadowing Trump climbdown
Apr 10 2025
The US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief …
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OpenAI countersues Musk as feud deepens
Apr 10 2025
Artificial intelligence giant OpenAI has filed counterclaims against multi-billionaire Elon Musk, accusing its former …
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Miuccia Prada's path from activist to top designer
Apr 10 2025
As a student in the volatile May of 1968, Miuccia Prada took to the streets of Milan to demonstrate for women's rights …
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EU halts counter-tariffs but no pause in US-China trade war
Apr 10 2025
The EU paused plans for retaliatory tariffs on US goods Thursday after President Donald Trump abruptly suspended higher …
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US consumer inflation cools in March on falling gas prices
Apr 10 2025
US consumer inflation cooled last month on plunging gas prices, according to government data published Thursday, as …
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Italy's Prada agrees to buy rival Versace for 1.25 bn euros
Apr 10 2025
Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy …
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Five things to know about Versace
Apr 10 2025
Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, …
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Cannes Festival: Films in competition
Apr 10 2025
Nineteen films were announced Thursday in the main competition at Cannes Film Festival, which kicks off on the French …
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Shanghai finance workers worry after front-row seat to tariff turmoil
Apr 10 2025
As stock prices flashed across a huge screen at a bustling intersection in China's business hub Shanghai, finance …
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Stock markets soar as Trump delays painful tariffs
Apr 10 2025
Stocks markets rocketed and the dollar fell Thursday after Donald Trump paused steep tariffs on most countries, while …
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Trump tariffs weigh on Germany as institutes cut forecasts
Apr 10 2025
Leading economic institutes Thursday slashed their 2025 growth forecast for Germany to near stagnation, warning Europe's …
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Stocks zoom higher as Trump delays painful tariffs
Apr 10 2025
Stocks rocketed Thursday as a relief rally spread through markets after Donald Trump paused crippling tariffs on US …
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China urges US to meet 'halfway' as markets rocket on Trump tariff pause
Apr 10 2025
China on Thursday urged the United States to meet it "halfway" as US President Donald Trump imposed more levies on …
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Asian stocks crack higher as Trump delays painful tariffs
Apr 10 2025
Stocks rocketed Thursday as a relief rally spread through markets after Donald Trump paused crippling tariffs on US …
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Taiwan's TSMC says first quarter revenue up 42 percent
Apr 10 2025
Taiwanese chipmaking giant TSMC reported Thursday a better-than-expected revenue for the first quarter on strong demand …
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Japan's World Expo touts unity, and algae, in turbulent times
Apr 10 2025
World Expo opens on Sunday with host Japan aiming to bring humanity together, despite global turmoil and tepid public …
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Vietnam says it will start trade talks with United States
Apr 10 2025
Vietnam and the United States agreed to start negotiations on a reciprocal trade agreement, Hanoi said on Thursday, …
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Expo 2025 in Japan: five things to know
Apr 10 2025
A multi-eyed mascot, a vast wooden Grand Ring, 160 countries and regions strutting their stuff, and robots and sushi …
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Trump's tariff pause gives market relief, but China trade war intensifies
Apr 10 2025
US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but …
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Papua New Guinea lifts ban on forest carbon credits
Apr 10 2025
Papua New Guinea will "immediately" lift a ban on forest carbon credit schemes, the Pacific nation's climate minister …
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AI surge to double data centre electricity demand by 2030: IEA
Apr 10 2025
Electricity consumption by data centres will more than double by 2030, driven by artificial intelligence applications …
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Samsung under pressure as US tariffs rattle South Korean economy
Apr 10 2025
Sipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had …
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Trump stuns with tariff backtrack but hikes China rate to 125%
Apr 10 2025
US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but …
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Where things stand in the US-China trade war
Apr 10 2025
US President Donald Trump has ramped up his trade war against China, further raising import tariffs on Beijing to 125 …
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Companies keen to start deep-sea mining off Norway
Apr 10 2025
Companies are raring to explore the Arctic seabed off Norway, which could become the first country in Europe to allow …
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China consumer prices slump for second straight month: data
Apr 10 2025
Consumer prices in China fell in March for the second straight month, official data showed Thursday, as the world's …
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Amazon satellite launch scrubbed due to weather
Apr 10 2025
Weather prevented a rocket carrying the first batch of Amazon satellites designed to compete with Elon Musk's Starlink …
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Art of the deal? How Trump backed down on tariffs
Apr 10 2025
It ended not with a bang, but with US President Donald Trump and two top aides writing a social media post.
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Amazon to launch first batch of satellites rivaling Musk
Apr 10 2025
The US retail giant Amazon is preparing to launch Wednesday its first full batch of Project Kuiper satellites, marking a …
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Who stands in the crosshairs of Trump's tariffs?
Apr 09 2025
With sweeping tariffs targeting key US trading partners, President Donald Trump sent the world economy into a tailspin …
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US stocks soar on Trump tariff reversal, oil prices jump
Apr 09 2025
Wall Street stocks rocketed higher Wednesday following President Trump's shock move to pause many new tariffs, lifting …
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Trump stuns with tariff backtrack but punishes China
Apr 09 2025
US President Donald Trump abruptly paused tariffs on most countries Wednesday after admitting they made the markets …
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Argentina braces for 24-hour strike as it awaits news on IMF loan
Apr 09 2025
Thousands of Argentines turned out for an anti-austerity protest Wednesday, setting the scene for a 24-hour general …
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Strength in numbers: Latin America urges unity in face of Trump tariffs
Apr 09 2025
Latin American leaders on Wednesday urged a united front to tackle US President Donald Trump's tariff onslaught and the …
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Tariff war could cut US-China goods trade by 80 percent: WTO chief
Apr 09 2025
The World Trade Organization chief said Wednesday the US-China tariff war could reduce trade in goods between the two …
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Volkswagen says first-quarter profits impacted by Trump tariffs
Apr 09 2025
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President …
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Trump stuns with tariffs reversal but hits China harder
Apr 09 2025
US President Donald Trump abruptly backed down Wednesday in his global trade war with a 90 day tariff pause for most …
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Delta to trim capacity in light of weakening travel demand
Apr 09 2025
Delta Air Lines withdrew its full-year profit forecast Wednesday and shelved some planned capacity hikes, pointing to a …
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Trump pauses tariffs for 90 days but hits China harder
Apr 09 2025
US President Donald Trump abruptly backed down Wednesday in his global trade war with a 90 day pause for most countries …
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US Treasury chief defends tariffs, warns against aligning with China
Apr 09 2025
US Treasury Secretary Scott Bessent warned countries Wednesday against closer alignment with China on trade, as he …
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Europe's first Universal theme park to bring 'joy to Britain': PM
Apr 09 2025
Universal will build its first European theme park in Britain, Prime Minister Keir Starmer said Wednesday, unveiling a …
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Trump tells US to 'be cool' as China, EU strike back
Apr 09 2025
US President Donald Trump brushed off global market panic Wednesday after China and the European Union announced …
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Stocks volatile, oil plunges as trade war cranks higher
Apr 09 2025
Wall Street rose but European and Asian stock markets tumbled along with oil on Wednesday as President Donald Trump's …
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Trump trade war escalates as China, EU counterattack
Apr 09 2025
US President Donald Trump's trade war boiled over on Wednesday as China and the European Union adopted retaliatory …
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Stocks, oil plunge as US, China crank up trade war
Apr 09 2025
European and Asian stock markets tumbled along with oil on Wednesday as US President Donald Trump's sweeping tariffs …
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Tata Steel to cut jobs at Dutch plant by 15%
Apr 09 2025
Indian-owned steelmaking giant Tata Steel announced Wednesday it was slashing around 1,600 of the 9,200 jobs at its …
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Tata Steel to cut jobs at Dutch plant by 15 pct
Apr 09 2025
Indian-owned steelmaking giant Tata Steel announced Wednesday it was slashing around 1,600 of the 9,200 jobs at its …
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