Business and Economy
Washington hails 'substantive progress' after trade talks with China
AFP - 2h ago
Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions …
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Scottish refinery closure spells trouble for green transition
AFP - 12h ago
Andrew Petersen is a third-generation oil refinery worker from a small, industrial Scottish town.
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As Trump family's Gulf empire grows, rulers seek influence, arms, tech
AFP - 15h ago
Ahead of US President Donald Trump's Gulf visit next week, his son Eric was promoting his crypto firm in Dubai, while …
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'Treasure hunt': tourists boost sales at Japan's Don Quijote stores
AFP - 15h ago
Business is booming at Japanese discount chain Don Quijote, which sells everything from nostril-hair wax to compact …
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Trump hails US-China trade 'reset' after first day of talks
AFP - 18h ago
US President Donald Trump hailed early Sunday a "total reset" in US-China trade relations following the first day of …
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US, China conclude first day of trade talks in Geneva
May 10 2025
Senior US and Chinese officials on Saturday concluded the first of two days of talks aimed at resolving the trade war …
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US and China meet in 'important step' towards de-escalating trade war
May 10 2025
Senior US and Chinese officials were meeting in Geneva Saturday in what Chinese state media described as an "important …
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US and China meet in bid to 'de-escalate' trade war
May 10 2025
Senior US and Chinese officials were meeting in Geneva on Saturday in a bid to de-escalate a trade war sparked by …
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With papacy, Leo XIV inherits Vatican money troubles
May 10 2025
Along with the spiritual leadership of the world's 1.4 billion Catholics, Pope Leo XIV now inherits oversight of the …
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'Pragmatic' approach could reap 'ambitious' UK-EU deal: Starmer
May 10 2025
A "pragmatic" approach to talks on food standards, youth mobility and European courts could yield an "ambitious" …
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US and China set for talks in bid to 'de-escalate' trade war
May 10 2025
Senior US and Chinese officials will meet in Geneva on Saturday, seeking to de-escalate a trade war sparked by President …
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China's consumption slide deepens as tariff war bites
May 10 2025
China said Saturday that consumer prices slumped in April for the third straight month, reflecting persistent challenges …
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US and China prepare for trade talks as Trump floats tariff cut
May 09 2025
Senior US and Chinese officials are in Switzerland this weekend for talks aimed at de-escalating a burgeoning trade war …
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US projected to hit debt limit in August: Treasury chief
May 09 2025
There is a "reasonable probability" the United States will hit its borrowing limit in August when Congress is in recess, …
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US, Swiss agree to speed up tariff talks
May 09 2025
Switzerland and the United States agreed Friday to speed up negotiations towards a deal on averting further tariffs …
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Stocks mixed as global markets eye US-China tariff talks
May 09 2025
Global stocks were mixed Friday as markets awaited weekend US-China talks amid hopes for a deescalation in the trade war …
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Serbia's Vucic seeks low-price gas in Putin meeting
May 09 2025
Serbian President Aleksandar Vucic asked Vladimir Putin during a meeting Friday to keep providing his country with …
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Trump floats cutting China tariffs to 80% ahead of trade talks
May 09 2025
US President Donald Trump signaled on Friday that he could lower sky-high tariffs on Chinese imports, as the rival …
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NATO chief seeks defence spending at 5% of GDP by 2032: Dutch PM
May 09 2025
NATO chief Mark Rutte wants member countries to agree at a summit in June to reach five percent of GDP on …
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Stocks mixed despite hopes for US-China tariff talks
May 09 2025
Stock markets traded mixed on Friday despite comments by US President Donald Trump suggesting he could lower tariffs on …
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Trump suggests lower 80% China tariff ahead of Geneva trade talks
May 09 2025
US President Donald Trump signaled on Friday that he could lower tariffs on Chinese imports, as the rival superpowers …
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Stocks lifted by hopes for US-China talks
May 09 2025
Stock markets mostly rose Friday as US President Donald Trump suggested that he could lower tariffs on China, raising …
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Trump suggests lower China tariff, says 80% 'seems right!'
May 09 2025
US President Donald Trump signaled on Friday that he could lower tariffs on Chinese imports, as the rival superpowers …
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Swiss seize window of opportunity on Trump tariffs
May 09 2025
Switzerland will once again Friday try to talk its way out of punitive tariffs on its exports to the United States, …
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Stocks lifted by hopes for US-China talks after UK deal
May 09 2025
Major stock markets mostly rose Friday, with Frankfurt's DAX hitting a record high, on growing optimism that tariff …
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British Airways owner unveils big Boeing, Airbus order
May 09 2025
IAG, owner of British Airways and Spanish carrier Iberia, announced Friday a multi-billion dollar order for Boeing and …
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China exports beat forecasts ahead of US tariff talks
May 09 2025
Chinese exports rose last month despite the trade war raging with the United States, official data showed Friday ahead …
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Japan's Panasonic targets 10,000 job cuts worldwide
May 09 2025
Japanese electronics giant Panasonic, which supplies batteries to Tesla, said Friday it will target 10,000 job cuts …
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Most stocks lifted by hopes for US-China talks after UK deal
May 09 2025
Most equities rose Friday on growing optimism that the worst of Donald Trump's trade war is past after he reached a deal …
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German lender Commerzbank's profits jump as it fends off UniCredit
May 09 2025
German lender Commerzbank on Friday reported its best quarterly profit since 2011, ahead of a key shareholder meeting …
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China sales to US slump even as exports beat forecasts
May 09 2025
China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing …
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China can play hardball at looming trade talks with US: analysts
May 09 2025
A formidable set of cards that includes granting access to its vast market and an ability to withstand economic pain …
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Where things stand in the US-China trade war
May 09 2025
US and Chinese officials meet this weekend in Geneva for their first formal talks aimed at resolving a gruelling …
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Chinese fabric exporters anxious for US trade patch-up
May 09 2025
Surrounded by samples of silk and glittering tweed in one of China's largest fabric markets, textiles exporter Cherry …
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Asian stocks lifted by hopes for US-China talks after UK deal
May 09 2025
Most Asian equities rose Friday on growing optimism that the worst of Donald Trump's trade war is past after he reached …
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Former head of crypto platform Celsius sentenced 12 years
May 09 2025
The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, was sentenced …
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Trump unveils UK trade deal, first since tariff blitz
May 08 2025
US President Donald Trump and British Prime Minister Keir Starmer unveiled a "historic" trade agreement Thursday, …
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US unveils ambitious air traffic control upgrade
May 08 2025
The Trump administration unveiled Thursday a plan to overhaul the antiquated US air traffic control system, acting with …
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US automakers blast Trump's UK trade deal
May 08 2025
The Trump administration's latest trade deal with Britain unfairly penalizes US automakers that have partnered with …
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Stocks mostly rise as US-UK unveil trade deal
May 08 2025
Stock markets mostly rose Thursday as US President Donald Trump unveiled a trade deal with Britain, boosting hopes for …
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Trump hails 'breakthrough' US-UK trade deal
May 08 2025
US President Donald Trump unveiled a "breakthrough" trade agreement with Britain on Thursday, the first deal with any …
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What is in the new US-UK trade deal?
May 08 2025
The "breakthrough" US-UK trade deal announced Thursday by President Donald Trump is the first agreement to be unveiled …
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Bill Gates speeds up giving away fortune, blasts Musk
May 08 2025
Microsoft co-founder Bill Gates announced Thursday an accelerated timeframe for giving away his fortune as he touted …
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Trump unveils 'breakthrough' US-UK trade deal
May 08 2025
US President Donald Trump unveiled a "breakthrough" trade agreement with Britain on Thursday, celebrating the first deal …
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Trump calls US Fed chair 'fool' after pause in rate cuts
May 08 2025
US President Donald Trump branded Fed Chair Jerome Powell a "fool" on Thursday after the central bank announced another …
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Stocks rise as US-UK unveil trade deal
May 08 2025
Stock markets mostly rose Thursday as US President Donald Trump unveiled a trade deal with Britain, boosting hopes for …
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EU threatens to target US cars, planes if Trump tariff talks fail
May 08 2025
The EU on Thursday threatened to target US cars and planes among a raft of products worth 95 billion euros ($107 …
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Stocks rise as Trump signals US-UK 'trade deal'
May 08 2025
Stock markets mostly rose Thursday as US President Donald Trump was set to unveil a trade deal with Britain, boosting …
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Trump announces 'full and comprehensive' trade deal with UK
May 08 2025
US President Donald Trump on Thursday announced a "full and comprehensive" trade agreement with Britain, which would be …
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Gates Foundation to spend $200 bn through 2045 when it will shut down
May 08 2025
The Gates Foundation plans to spend more than $200 billion over the next 20 years, accelerating its public health …
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Bank of England cuts interest rate as US tariffs hit economy
May 08 2025
The Bank of England on Thursday cut its key interest rate by a quarter point to 4.25 percent as the threat of US tariffs …
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EU parliament backs emissions reprieve for carmakers
May 08 2025
EU lawmakers on Thursday gave the green light to a delay for European carmakers to meet new emission targets, as the …
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Trump announces trade agreement with UK
May 08 2025
US President Donald Trump announced Thursday an agreement with Britain on trade, which would be the first such deal …
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Stocks rise on trade hopes, London boosted by reports of deal
May 08 2025
Asian and European markets mostly rose Thursday ahead of weekend tariff talks between China and the United States, with …
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Trump to announce 'trade deal' with UK
May 08 2025
The United States and Britain were reportedly set to announce a trade agreement on Thursday that could have implications …
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Emirates airline group announces record $6.2 bn gross profit
May 08 2025
Dubai's Emirates Group, which includes the Middle East's biggest airline, announced on Thursday gross annual profit of …
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Nintendo forecasts 15 million Switch 2 sales in 2025-26
May 08 2025
Japanese gaming giant Nintendo forecast Thursday that it would sell 15 million units of its hotly awaited Switch 2 …
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Toyota cites tariffs as it forecasts 35% net profit drop
May 08 2025
Japanese auto giant Toyota forecast on Thursday a 35 percent year-on-year drop in net profit for the current financial …
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Global cult following keeps Le Creuset simmering
May 08 2025
They feature in the Duchess of Sussex's "With Love, Meghan" Netflix cooking show. They've been spotted in rapper Snoop …
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Toyota cites tariffs as it forecasts 35% drop in 2025-26 net profit
May 08 2025
Japanese auto giant Toyota on Thursday forecast a 35 percent year-on-year drop in net profit for 2025-26 citing Donald …
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Trump official to unveil ambitious US air traffic control upgrade
May 08 2025
Faced with fresh flight safety problems at a major US airport, the Trump administration is set Thursday to unveil a …
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Trump to announce trade deal with UK on Thursday: US media
May 08 2025
Donald Trump will announce a trade deal with the United Kingdom on Thursday, US media reported, after the president …
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Stocks rise further on growing trade deal hopes
May 08 2025
Asian stocks extended their rally Thursday on hopes for an easing of trade war tensions as China and the United States …
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Bank of England set to cut rate amid Trump's tariffs
May 08 2025
The Bank of England is widely expected to cut its key interest rate by a quarter point Thursday as US President Donald …
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Trump tariff plan brings Hollywood's struggles into focus
May 08 2025
Donald Trump's proposal to put 100 percent tariffs on foreign movies left many filmmakers scratching their heads. But it …
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California leads lawsuit over Trump's EV charging funding change
May 07 2025
Donald Trump's order to withhold $5 billion earmarked to grow the electric vehicle charging network in the United States …
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US Fed pauses rate cuts again and warns of inflation, unemployment risks
May 07 2025
The US Federal Reserve on Wednesday announced another pause in rate cuts and warned of higher risks to its inflation and …
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Global stocks mixed as markets eye weekend US-China trade talks
May 07 2025
Wall Street stocks finished modestly higher Wednesday as the Federal Reserve kept interest rates unchanged while markets …
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Perrier ordered to remove water filters
May 07 2025
French authorities ordered Nestle on Wednesday to stop filtering its Perrier and held back on allowing the …
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US Fed pauses cuts again and flags inflation, unemployment risks
May 07 2025
The US Federal Reserve on Wednesday announced another pause in rate cuts and warned of higher risks to its inflation and …
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Google shares plunge after Apple executive's court testimony
May 07 2025
Shares in Google parent Alphabet plunged more than eight percent on Wednesday after Apple executive Eddy Cue testified …
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US safety officials slow operations at Newark airport after outage
May 07 2025
Regulators said Wednesday they have been slowing arrivals and departures at one of the United States' busiest airports …
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US Fed pauses rate cuts again, flags higher inflation risk
May 07 2025
The US Federal Reserve on Wednesday announced another rate cut pause and warned of higher risks to its inflation and …
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Alphabet's share price plunges on traffic drop testimony
May 07 2025
Shares in Google parent Alphabet plunged more than seven percent on Wednesday after an Apple executive told a federal …
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EU trade chief says accelerating free trade talks with Asia
May 07 2025
The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the …
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South Africa launches reform of derelict municipalities
May 07 2025
South African President Cyril Ramaphosa unveiled Wednesday a plan to revive South Africa's flagging local governments, …
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Chinese stocks, dollar rise before trade talks, Fed move
May 07 2025
Chinese stocks rose on Wednesday, as did the dollar, as investors eyed weekend US-China trade talks and an imminent …
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Sheinbaum says Mexico will defend free trade deal with US, Canada
May 07 2025
Mexico will fight to keep its free trade agreement with the United States and Canada in the face of President Donald …
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US, Chinese stocks up before trade talks, Fed move
May 07 2025
US and Chinese stocks rose on Wednesday, along with the dollar, as investors eyed weekend US-China trade talks and an …
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Disney announces new theme park in Abu Dhabi
May 07 2025
The Walt Disney Company announced plans Wednesday for a new theme park in the United Arab Emirates, highlighting the …
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EU eyes targeting 100 bn euros of US goods with tariffs
May 07 2025
The EU is preparing to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs in retaliation for …
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No rate cuts expected from US Fed facing 'unfavorable' conditions
May 07 2025
The US Federal Reserve faces a tough choice Wednesday as it contends with President Donald Trump's tariff rollout: …
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Merz tells France Mercosur trade deal must be ratified 'quickly'
May 07 2025
Germany's new Chancellor Friedrich Merz said on Wednesday EU countries should "quickly" ratify a free trade deal with …
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New German finance minister says 'no time to lose'
May 07 2025
Germany's new Finance Minister Lars Klingbeil said Wednesday there was "no time to lose" to jump-start Europe's …
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Weight-loss drugmaker Novo Nordisk slims sales forecast
May 07 2025
Danish drugmaker Novo Nordisk, known for its blockbuster diabetes and weight-loss treatments Ozempic and Wegovy, cut its …
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Stocks mixed before Fed decision, China-US trade talks
May 07 2025
Stock markets diverged and the dollar rose on Wednesday as investors awaited an upcoming interest rate decision by the …
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Danish firm Orsted halts huge UK offshore wind farm project
May 07 2025
Danish renewables firm Orsted said Wednesday it was shelving plans to build a massive wind farm off the UK coast due to …
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Distillery layoffs send shudders across remote Scottish island
May 07 2025
When Scotland's windswept Isle of Harris welcomed its first commercial distillery a decade ago, it was about more than …
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BMW upbeat on riding out US tariff chaos
May 07 2025
German premium carmaker BMW said Wednesday that it expected to largely ride out the impact of US tariffs over the coming …
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Asian stocks rise as China-US trade talks boost optimism
May 07 2025
Asian equities rose Wednesday after China and the United States said they would hold trade talks at the weekend, fanning …
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Hit by Trump cuts, journalists at Dubai-based US channel face uncertain future
May 07 2025
Sara, a Dubai-based journalist, joined the US-funded Alhurra TV news channel hoping for job security. But after it …
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China eases monetary policy to boost ailing economy
May 07 2025
China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects …
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Taiwan bicycle makers in limbo as US tariff threat looms
May 07 2025
Weeks after Donald Trump's global tariff bombshell, Jeff Chen's factory in Taiwan is as busy as ever turning out carbon …
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Tobacco town thrives as China struggles to kick the habit
May 07 2025
Visitors mill around a bright red hilltop pagoda in southwestern China, gazing down at a sprawling cigarette factory …
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US, Chinese officials to hold trade talks in Switzerland
May 06 2025
Senior US and Chinese officials will travel to Switzerland later this week to kickstart stalled trade talks following …
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US jury awards WhatsApp $168 mn in NSO Group cyberespionage suit
May 06 2025
A US jury on Tuesday handed WhatsApp a major victory in its cyberespionage suit against NSO Group, ordering the …
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Stocks retreat as traders cautious before Fed rates call
May 06 2025
Stock markets mostly dropped on Tuesday as investors awaited a Federal Reserve interest-rate decision while anticipating …
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Trump says US should to stop 'subsidizing' Canada as trade talks continue
May 06 2025
President Donald Trump on Tuesday said the United States should stop "subsidizing" Canada, as he hosted the country's …
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EU proposes ending all Russian gas imports by 2027
May 06 2025
The EU on Tuesday unveiled a long-promised plan to phase out its remaining gas imports from Russia by the end of 2027, …
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UK, India strike trade deal amid US tariff blitz
May 06 2025
Britain on Tuesday struck a free trade agreement with India, its biggest such deal since leaving the European Union, …
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No signs of US recession, Treasury Secretary says
May 06 2025
There are currently no signs that the United States has entered a recession despite the world's largest economy …
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EDF complaint blocks Czech-Korean nuclear deal
May 06 2025
A Czech court said Tuesday it blocked a multi-billion-dollar deal between Prague and South Korea's KHNP on the …
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