Business and Economy
US Fed expected to pause cuts again and wait for clarity on tariffs
AFP - 51m ago
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how …
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Mozart chocolate row leaves bitter taste in Austria
AFP - 1h ago
At a small high-end confectionery in Vienna, chefs put the finishing touches to one of Austria's signature souvenirs: …
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US solar tariffs could drive Asia transition boom
AFP - 2h ago
Massive planned US duties on solar panels made in Southeast Asia could be a chance for the region to ramp up its own …
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Easy vote turns Musk's dreams for Starbase city in Texas into reality
AFP - 3h ago
Tech billionaire Elon Musk's dream of gaining city status for his SpaceX spaceport in the southern US state of Texas …
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Warren Buffett to retire from Berkshire Hathaway by year's end
May 03 2025
Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway …
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Warren Buffett says will retire from Berkshire Hathaway by year's end
May 03 2025
Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway …
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Warren Buffett: billionaire investor with simple tastes
May 03 2025
Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren …
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Meta fighting Nigerian fines, warns could shut Facebook, Instagram
May 03 2025
Meta on Saturday vowed to fight Nigerian fines for various consumer data violations, reportedly threatening to cut off …
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OPEC+ countries to open the oil taps despite price slump
May 03 2025
Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk …
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Musk's dreams for Starbase city in Texas hang on vote
May 03 2025
Tech billionaire Elon Musk's dream of gaining city status for his SpaceX spaceport in the southern US state of Texas …
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Inflation, hotel prices curtail Japanese 'Golden Week' travels
May 03 2025
Japan's annual "Golden Week" holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring …
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Australians vote in election swayed by inflation, Trump
May 03 2025
Millions of Australians voted Saturday in a bitterly contested general election, following a campaign shaped by living …
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Mexican mega-port confronts Trump's tariff storm
May 03 2025
At dawn, container ships from Asia unload at a huge Pacific port in Mexico that so far appears to be weathering the …
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Trump's tariffs bite at quiet US ports
May 03 2025
At the Port of Los Angeles, the frenetic choreography of cranes unloading containers from Asia has slowed to a tiptoe, …
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Carney vows to transform Canada economy to withstand Trump
May 03 2025
Prime Minister Mark Carney promised Friday to oversee the biggest transformation of Canada's economy since the end of …
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Apple eases App Store rules under court pressure
May 02 2025
Apple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap …
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Polls open in Australian vote swayed by inflation, Trump
May 02 2025
Australians began voting Saturday in a bitterly contested general election, deciding a contest shaped by living costs, …
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US hiring better than expected despite Trump uncertainty
May 02 2025
US hiring slowed less than expected in April while the jobless rate remained unchanged, according to government data …
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Billionaire-owned Paris FC win promotion and prepare to take on PSG
May 02 2025
Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a …
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Stocks gain on US jobs data, tariff talks hopes
May 02 2025
Global stock markets rose on Friday following a solid US jobs report as investors greeted positive signs on the US-China …
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Trump eyes huge 'woke' cuts in budget blueprint
May 02 2025
US President Donald Trump on Friday outlined sweeping cuts targeting "woke" and "wasteful" spending in his first budget …
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EU wins post-Brexit fishing row with Britain
May 02 2025
The European Union on Friday won a landmark case against Britain at the world's oldest arbitration body over post-Brexit …
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Lower profits at US oil giants amid fall in crude prices
May 02 2025
US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid …
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GM cuts shift at Canada plant over 'evolving trade environment'
May 02 2025
General Motors said Friday it would reduce the number of shifts at a truck assembly plant in Canada, as US President …
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US ends duty-free shipping loophole for low-cost goods from China
May 02 2025
The United States on Friday ended a tariff exemption for goods shipped from China worth less than $800, dealing a major …
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Grand Theft Auto VI release postponed to May 2026
May 02 2025
The creative team behind the popular Grand Theft Auto videogame series postponed the launch of the latest installment by …
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Lawyers probe 'dire' conditions for Meta content moderators in Ghana
May 02 2025
Lawyers are probing "dire" workplace conditions for Meta content moderators in Ghana, attorneys involved in the …
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TikTok fined 530 mn euros in EU over China data transfer
May 02 2025
TikTok was hit with a massive EU fine of 530 million euros ($600 million) Friday, accused of sending personal data of …
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US hiring slows less than expected, unemployment unchanged
May 02 2025
US hiring slowed less than expected in April while the jobless rate remained unchanged, according to government data …
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Grand Theft Auto VI release postponed to May 2026: publisher
May 02 2025
The much-awaited release of Grand Theft Auto VI, the latest instalment of the popular video game series, has been …
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Eurozone inflation holds above expectations in April
May 02 2025
Inflation in the eurozone remained unchanged in April, staying higher than analysts expected, official data showed on …
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Stock markets gain as China mulls US tariff talks
May 02 2025
European and Asian markets rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to …
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Hong Kong posts 3.1% growth, warns of trade war 'risk'
May 02 2025
Hong Kong's economy grew by 3.1 percent in the first quarter of the year, the city's government said Friday, though it …
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German chemical giant BASF keeps outlook, warns on tariffs
May 02 2025
German chemicals giant BASF stuck to its 2025 earnings outlook on Friday, despite the turmoil unleashed by hardline US …
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Asian stocks gain after China teases US tariff talks
May 02 2025
Asian markets largely rose Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate …
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Shell net profit sinks 35% in first-quarter as oil prices fall
May 02 2025
British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil …
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Where things stand in the US-China trade war
May 02 2025
China has said it has received overtures from the United States for talks on tariffs -- but warned it will need …
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China says open to US trade talks offer but wants tariffs scrapped
May 02 2025
China said Friday it is evaluating a US offer for negotiations on tariffs but insisted Washington must be ready to scrap …
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Tokyo's tariff envoy says US talks 'constructive'
May 02 2025
Tokyo's envoy for US tariff talks in Washington said Thursday that the second round of negotiations between the two …
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Trump vs Toyota? Why US cars are a rare sight in Japan
May 02 2025
With their sleek curves and chrome grilles, the classic American cars on sale at Yosuke Fukuda's yard ooze Californian …
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Backyard barnyard: rising egg prices prompt hen hires in US
May 02 2025
Stung by the rocketing price of eggs -- and US supermarkets rationing a basic breakfast staple -- Yong-mi Kim decided to …
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Apple expects $900 mn tariff hit, US iPhone supply shifts to India
May 02 2025
Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and …
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China says evaluating US offer of tariff talks but wants 'sincerity'
May 02 2025
China said Friday it is evaluating a US offer for negotiations on tariffs but wanted Washington to show "sincerity" and …
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US to end shipping loophole for Chinese goods Friday
May 02 2025
The United States is set to end tariff exemptions on Friday for goods shipped from China worth less than $800, a move …
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Amazon revenue climbs 9%, but outlook sends shares lower
May 01 2025
Amazon reported a nine percent rise in first-quarter revenue on Thursday, but its outlook fell below expectations as …
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EU preparing new sanctions on Russia, French minister tells AFP
May 01 2025
French Foreign Minister Jean-Noel Barrot said Thursday that the European Union is preparing to hit Russia with a 17th …
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US stocks rise on Meta, Microsoft ahead of key labor data
May 01 2025
Global stocks mostly rose Thursday with Wall Street forging higher following strong results from tech giants Microsoft …
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With minerals deal, Ukraine finds way to secure Trump support
May 01 2025
In signing a minerals deal, Ukraine has found a new way to tie the United States to its future, but it remains to be …
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US stocks boosted by gains in Microsoft, Meta
May 01 2025
Wall Street stocks rallied Thursday after strong results from Microsoft and Facebook parent Meta offset lingering …
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Sheinbaum says agreed with Trump to 'improve' US-Mexico trade balance
May 01 2025
Mexican President Claudia Sheinbaum said Thursday that she had spoken with her US counterpart Donald Trump and agreed to …
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McDonald's profits hit by weakness in US market
May 01 2025
Fast food giant McDonald's reported a drop in first-quarter profits Thursday as US traffic from low- and medium-income …
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US-Ukraine minerals deal: what we know
May 01 2025
Washington and Kyiv have signed a new minerals deal that will see the United States invest in Ukraine's rare earth and …
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GM cuts 2025 outlook, projects up to $5 bn hit from tariffs
May 01 2025
General Motors pledged Thursday to take additional steps to boost its US supply chain after projecting a $4-5 billion …
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IKEA opens new London city centre store
May 01 2025
Swedish furniture giant IKEA on Thursday opened a new store in the heart of London's shopping district, with a flurry of …
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Microsoft raises Xbox prices globally, following Sony
May 01 2025
Microsoft announced Thursday that it will increase Xbox console prices worldwide, citing "market conditions" just days …
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Oil prices drop, stocks diverge amid economic growth fears
May 01 2025
Oil prices fell and stocks were mixed on Thursday in thin holiday trading, following weak US economic data that added to …
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Tariffs prompt Bank of Japan to lower growth forecasts
May 01 2025
The Bank of Japan revised down its growth forecasts and held interest rates steady on Thursday, warning that trade …
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Tokyo stocks rise as BoJ holds rates steady
May 01 2025
Japanese stocks rose Thursday as the central bank kept its key interest rates steady as expected, in thin trade with …
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Trump praises Musk as chief disruptor eyes exit
May 01 2025
US President Donald Trump said on Wednesday that Tesla boss Elon Musk could stay working for the White House as long as …
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Tesla sales plunge further in France, down 59% in April
May 01 2025
Sales of Tesla cars in France plunged 59 percent in April, piling on more bad news for the electric vehicle company run …
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US reaching out to China for tariff talks: Beijing state media
May 01 2025
United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered …
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Nuclear power sparks Australian election battle
May 01 2025
Rich in solar and wind power, and bulging in critical minerals for renewable energy technology, Australia touts itself …
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Bank of Japan holds rates, lowers growth forecasts
May 01 2025
The Bank of Japan on Thursday left its key interest rate unchanged but revised down its growth forecasts, warning that …
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Ukraine, US sign minerals deal, tying Trump to Kyiv
May 01 2025
The United States and Ukraine on Wednesday signed a minerals deal after a two-month delay, in what President Donald …
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Meta quarterly profit climbs despite big cloud spending
Apr 30 2025
Tech giant Meta on Wednesday reported quarterly profits that were well above expectations, brushing aside market worries …
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Global stocks mostly rise following mixed economic data
Apr 30 2025
Global stocks rose for the most part Wednesday, digesting mixed economic data as more companies pull back from earnings …
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US economy unexpectedly shrinks, Trump blames Biden
Apr 30 2025
The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald …
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US economy shrinks, Trump blames Biden
Apr 30 2025
The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald …
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Caterpillar so far not hiking prices to offset tariff hit
Apr 30 2025
Caterpillar has trimmed corporate travel and other discretionary spending to offset a tariff hit, but has no plans to …
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US economy unexpectedly shrinks in first quarter, Trump blames Biden
Apr 30 2025
The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald …
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Mexico avoids recession despite tariff uncertainty
Apr 30 2025
Mexico's economy returned to growth in the first quarter of 2025, avoiding a recession despite deep uncertainty over US …
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Steelmaker ArcelorMittal warns of uncertainty
Apr 30 2025
Steelmaker ArcelorMittal warned Wednesday that tariff uncertainty could cause further economic disruption even as its …
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Trump blames Biden's record after US economy shrinks
Apr 30 2025
President Donald Trump lashed out at his predecessor's economic record Wednesday after US financial markets fell on the …
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Stocks retreat as US GDP slumps rattles confidence
Apr 30 2025
Stocks slid on Wall Street on Wednesday, pulling European indexes off earlier highs after the US economy contracted in …
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Microsoft president urges fast 'resolution' of transatlantic trade tensions
Apr 30 2025
Microsoft President Brad Smith called Wednesday for a swift resolution of trade tensions between the United States and …
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US economy unexpectedly shrinks on import surge before Trump tariffs
Apr 30 2025
The US economy unexpectedly contracted in the first three months of the year due largely to a surge in imports as …
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Stocks drop after US economy contracts amid tariffs turmoil
Apr 30 2025
Stock markets retreated into the red Wednesday after the US economy contracted in the first quarter, a stark reminder of …
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US economy unexpectedly shrinks on import surge ahead of Trump tariffs
Apr 30 2025
The US economy unexpectedly contracted in the first three months of the year, according to fresh data published …
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US economy unexpectedly shrinks in first three months of Trump presidency
Apr 30 2025
The US economy unexpectedly contracted in the first three months of this year, according to fresh data published …
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US economy unexpectedly contracts in first three months of Trump presidency
Apr 30 2025
The US economy unexpectedly contracted in the first three months of this year, according to fresh data published …
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German growth better than expected but tariff turmoil looms
Apr 30 2025
Germany's struggling economy grew faster than expected at the start of the year, data showed Wednesday, in a boost for …
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US growth figure expected to make for tough reading for Trump
Apr 30 2025
US GDP figures for the first quarter are expected to show a sharp drop-off in growth -- and possibly even a contraction …
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More automakers drop earnings guidance over tariffs
Apr 30 2025
Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other …
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Stock markets mostly rise ahead of US economic data, tech earnings
Apr 30 2025
Stock markets mostly rose Wednesday ahead of key US economic and earnings reports that could offer fresh insights into …
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Eurozone economy grows more than expected despite US tariff turmoil
Apr 30 2025
The eurozone economy expanded more than expected at the start of the year, official data showed on Wednesday, despite US …
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Germany's next finance minister, 'bridge-builder' Lars Klingbeil
Apr 30 2025
Germany's incoming finance minister Lars Klingbeil is a self-styled political "bridge-builder" whose calm and personable …
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Jeep owner Stellantis suspends outlook over tariffs
Apr 30 2025
US-European auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, dropped its annual financial guidance on …
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Aston Martin limits US car imports due to tariffs
Apr 30 2025
British luxury carmaker Aston Martin Lagonda said Wednesday that it is limiting shipments to the United States after US …
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Most stock markets rise despite China data, eyes on US reports
Apr 30 2025
Stocks mostly rose Wednesday ahead of key US economic and earnings reports, while traders took in their stride data …
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Volkswagen says tariffs will dampen business as profit plunges
Apr 30 2025
Europe's largest carmaker Volkswagen said Wednesday that first quarter profit plunged due to higher costs as it warned …
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TotalEnergies profits drop as prices slide
Apr 30 2025
TotalEnergies said Wednesday that its net profit fell in the first quarter despite expanding production, as a slide in …
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Jeep owner Stellantis suspends 2025 earnings forecast over tariffs
Apr 30 2025
Stellantis, the parent company of Jeep, Peugeot and Fiat, said Wednesday it was suspending its 2025 earnings forecast …
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French economy returns to thin growth in first quarter
Apr 30 2025
France's economy returned to growth in the first three months of the year but the expansion was modest, held back by …
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Financial markets may be the last guardrail on Trump
Apr 30 2025
Since returning to the White House, Donald Trump has ushered in sweeping changes to international geopolitics and US …
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Japan tariff envoy departs for round two of US talks
Apr 30 2025
Tokyo's tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer …
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China's manufacturing shrinks in April as trade war bites
Apr 30 2025
China's factory activity shrank this month, official data showed Wednesday, with Beijing blaming a "sharp shift" in the …
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Asian markets struggle as trade war hits China factory activity
Apr 30 2025
Stocks started limply Wednesday as investors struggled to match Wall Street's rally, with data showing Chinese factory …
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Samsung Electronics posts 22% jump in Q1 net profit
Apr 30 2025
South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 percent rise in first-quarter net …
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Global stocks mostly rise as Trump grants auto tariff relief
Apr 29 2025
Global stocks mostly rose despite fresh signs of a tariff hit to corporate earnings, while Wall Street cheered President …
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BRICS blast 'resurgence of protectionism' in Trump era
Apr 29 2025
China, Brazil and other members of the BRICS grouping on Tuesday slammed the "resurgence of trade protectionism" at a …
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Trump tempers auto tariffs, winning cautious praise from industry
Apr 29 2025
President Donald Trump moved Tuesday to soften tariffs on automakers, sparking cautious optimism in an industry that has …
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BRICS members blast rise of 'trade protectionism'
Apr 29 2025
China, Brazil and other members of the BRICS grouping on Tuesday slammed the "resurgence of trade protectionism" at a …
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