Business and Economy
Musk's title of richest person challenged by Oracle's Ellison
AFP - 58m ago
Billionaire Elon Musk is at risk of losing his title as the world's wealthiest person to Oracle co-founder Larry …
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Under US pressure, Mexico mulling 50% tariff on Chinese cars
AFP - 1h ago
Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a …
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S&P 500 ends at record as markets await key US consumer price data
AFP - 1h ago
The S&P 500 rose to a fresh record Wednesday behind a surge in Oracle shares as markets looked ahead to key consumer …
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Union to vote on deal to end strike at Boeing defense branch
AFP - 1h ago
Labor leaders reached a tentative agreement with Boeing that could resolve a strike in the aviation giant's defense …
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US pharma giant Merck ditches plan for $1.4-bn research centre in UK
AFP - 3h ago
Merck, the US pharmaceutical group, said on Wednesday it has dropped plans to build a $1.4-billion research centre in …
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US Senate panel advances nomination of Trump's Fed governor pick
AFP - 4h ago
A US Senate committee on Wednesday advanced the nomination of President Donald Trump's choice to join the Federal …
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Italy to remain top wine producer in world: 2025 estimates
AFP - 6h ago
Italy is expected to enjoy a good 2025 harvest and clinch the world's leading producer label once again, according to …
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Stock markets strike records despite geopolitical unrest
AFP - 3h ago
Global stock markets struck fresh record highs on Tuesday as expectations of more cuts to US interest rates offset …
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Software company Oracle shares surge more than 35% on huge AI deals
AFP - 7h ago
Oracle shares surged more than 35 percent in early trading Wednesday after the software giant projected massive revenue …
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US producer inflation unexpectedly falls in first drop since April
AFP - 8h ago
US producer prices unexpectedly fell in August, government data showed Wednesday, driven in part by a pullback in energy …
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Zara owner Inditex shares soar as sales growth revives
AFP - 11h ago
Shares in Zara owner Inditex, the world's largest fashion retailer, soared on Wednesday as a positive start to the …
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Stock markets rise amid geopolitical unrest
AFP - 3h ago
Global stock markets rose Wednesday, with some Asian indices reaching record heights, as expectations of more cuts to US …
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Von der Leyen urges EU to fight for place in 'hostile' world
AFP - 10h ago
EU chief Ursula von der Leyen on Wednesday urged Europe to assert its independence in a "hostile" world, as she …
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Ozempic maker Novo Nordisk to cut 9,000 global jobs
AFP - 12h ago
Danish pharmaceutical giant Novo Nordisk announced Wednesday it would cut 11 percent of its workforce, as the maker of …
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Asian markets enjoy record day as new US jobs data fans rate cut hopes
AFP - 2h ago
Asian markets extended gains on Wednesday, with Tokyo and Seoul emulating a record day on Wall Street as fresh data …
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Top EU court upholds nuclear green label
AFP - 6h ago
The EU's top court on Wednesday upheld the European Commission's decision to give a sustainable finance label to …
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South Korea sends plane to fetch detained workers from US
AFP - 18h ago
A chartered plane departed Seoul for the United States Wednesday to repatriate hundreds of South Korean workers detained …
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EU chief to defend Trump trade deal in parliament
AFP - 5h ago
EU chief Ursula von der Leyen will seek to defend her trade deal with Donald Trump in an address to the bloc's lawmakers …
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Top Japan start-up Sakana AI touts nature-inspired tech
AFP - 16h ago
When David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, …
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Asian markets rally as new US jobs data fans rate cut hopes
AFP - 4h ago
Asian markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a …
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US Supreme Court to hear Trump tariff case in November
Sep 09 2025
The US Supreme Court on Tuesday agreed to hear arguments in November on the legality of President Donald Trump's …
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Former Meta researchers testify company buried child safety studies
Sep 09 2025
Meta systematically suppressed internal research highlighting serious child safety risks on its virtual reality …
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US stocks close at fresh records, digesting weak jobs data
Sep 09 2025
US stock indices rocketed to fresh records as markets digested disappointing US jobs data, while political upheaval in …
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Stocks climb eyeing US rate cut, political turbulence
Sep 09 2025
Stock markets mostly rose while gold reached new highs on Tuesday, with expectations of US rate cuts to bolster the …
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Merz ramps up pressure on EU over electric car shift
Sep 09 2025
German Chancellor Friedrich Merz called Tuesday for "more flexibility" from the EU in the transition to electric cars as …
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Stocks climb as US rate cut hopes counter political shakeups
Sep 09 2025
Stock markets mostly rose while gold hit a record high on Tuesday, with expectations of US rate cuts to bolster the …
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Ethiopia inaugurates Africa's biggest dam, drawing Egyptian protest
Sep 09 2025
Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday in what Prime Minister Abiy Ahmed called a …
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Hundreds of pro-Palestinian demonstrators rally outside London arms show
Sep 09 2025
Pro-Palestinian protesters gathered Tuesday outside a major arms fair in London as it opened without the presence of …
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Miners Anglo American, Teck to forge copper giant
Sep 09 2025
British mining group Anglo American and Canadian peer Teck Resources announced Tuesday plans for a multi-billion-dollar …
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Mistral cements AI lead in Europe with cash infusion
Sep 09 2025
France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and Chinese competitors …
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EU clamps down on food waste, fast fashion
Sep 09 2025
EU lawmakers gave a final green light Tuesday to a law on slashing back the mountains of food wasted in Europe each …
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Stocks climb eyeing US rate cuts, political changes
Sep 09 2025
Stock markets mostly rose and gold hit a record high Tuesday as traders balanced expectations of cuts to US interest …
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Ethiopia inaugurates Africa's biggest dam
Sep 09 2025
Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday, with Prime Minister Abiy Ahmed calling it …
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Miners Anglo American, Teck plan new copper giant
Sep 09 2025
British mining group Anglo American and Canadian peer Teck Resources on Tuesday announced plans for a …
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Markets mainly rise on US rate cut hopes
Sep 09 2025
Asian and European markets mostly rose Tuesday fuelled by optimism the Federal Reserve will slash interest rates this …
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AI and iPhones likely stars of Apple event
Sep 09 2025
Apple is set to unveil its iPhone 17 lineup on Tuesday, with enhanced artificial intelligence features expected to take …
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Merz to open Munich motor show as engine row threatens to combust
Sep 09 2025
German Chancellor Friedrich Merz will open the IAA motor show in Munich on Tuesday as debate rages over the EU's target …
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Google to obey South Korean order to blur satellite images on maps
Sep 09 2025
Google said on Tuesday that it would comply with the South Korean government's demand to blur sensitive satellite images …
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London arms show opens under Israel cloud
Sep 09 2025
A major arms fair opens Tuesday in London without the presence of Israeli government officials due to worsening …
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Most Asian markets rise on US rate hopes, Tokyo hits record
Sep 09 2025
Asian markets mostly rose Tuesday fuelled by optimism the Federal Reserve will slash interest rates this year, with …
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Murdoch family settles dispute over media empire succession
Sep 09 2025
Rupert Murdoch's children have reached a settlement in their long-running legal dispute over control of the right-wing …
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Ex-WhatsApp executive sues Meta over alleged security failures
Sep 09 2025
A former top security executive at WhatsApp filed a federal lawsuit Monday alleging that parent company Meta …
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Murdoch family settles dispute on control of media assets
Sep 09 2025
Rupert Murdoch's children have reached a settlement in the legal dispute over control of the right-wing media mogul's …
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Stocks rise tracking political upheaval, data
Sep 08 2025
Global stock markets rose Monday, digesting more political upheaval in France and Japan as the tech-rich Nasdaq index …
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BRICS leaders denounce protectionism, tariff 'blackmail'
Sep 08 2025
Leaders of the 11-member BRICS bloc railed against economic protectionism and "tariff blackmail" during a virtual …
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Argentine peso, stocks fall after ruling party's election setback
Sep 08 2025
The Argentine peso and share prices dropped sharply Monday after President Javier Milei's libertarian party suffered a …
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Germany's VW, China's BYD face off at Munich auto show
Sep 08 2025
Europe's top car manufacturer Volkswagen presented a series of more affordable electric vehicles Monday as Chinese EV …
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VW unveils affordable EVs to take on Chinese rivals
Sep 08 2025
Europe's top car manufacturer Volkswagen on Monday presented a series of more affordable electric vehicles to take on …
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At consumer tech show, German firms fret about US tariffs
Sep 08 2025
Displaying one of her company's hot plates proudly labelled "Made in Germany", Sigrid Klenk concedes that maintaining …
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Germany's US exports hit four-year low as tariffs bite
Sep 08 2025
German exports to the United States dropped in July to their lowest level since 2021, data showed Monday, as President …
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Asian shares rise as Japan politics weigh on yen
Sep 08 2025
Asian markets rose on Monday, with Tokyo closing higher after Japanese Prime Minister Shigeru Ishiba's decision to …
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'Trump Whisperer' ex-minister joins Japan PM race
Sep 08 2025
A former top diplomat dubbed the "Trump Whisperer" was the first candidate Monday to join the race to be Japan's next …
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ECB set to hold rates steady with eye on France crisis
Sep 08 2025
The European Central bank is expected to hold interest rates steady again this week with inflation under control and US …
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Most EU carmakers on track to meet emission targets: study
Sep 07 2025
Almost all European carmakers are on track to meet EU emission targets after winning a reprieve this year as electric …
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Key OPEC+ members boost oil production
Sep 07 2025
Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy …
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Seoul says over 300 South Koreans detained in US to be released
Sep 07 2025
Seoul said Sunday that negotiations with the United States to secure the release of South Korean workers detained in an …
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A 'real' movie fights back in anime-ruled Japan
Sep 07 2025
Pensioner Shizue Kato didn't fancy the new "Demon Slayer" anime blockbuster and instead watched "Kokuho", a rare live …
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Indonesia's delayed new capital risks 'white elephant' status
Sep 07 2025
A year after it was inaugurated, Indonesia's would-be new capital Nusantara attracts tourists and construction workers, …
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Tough negotiations and uncertainty ahead of OPEC+ meeting
Sep 07 2025
Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude …
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'Build, baby, build': Canada PM's plan to counter Trump
Sep 07 2025
On the night he won Canada's election, Prime Minister Mark Carney summarized his plan to jumpstart the country's economy …
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Seoul says over 300 South Koreans held in US battery plant site raid
Sep 06 2025
More than 300 South Koreans were among 475 people arrested by US immigration officials in a raid on a Hyundai-LG battery …
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88 postal operators suspend services to US over tariffs: UN
Sep 06 2025
Postal traffic to the United States plunged more than 80 percent following Washington's imposition of new tariffs, with …
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Swiss minister eyes 'opportunity' after US tariff talks
Sep 06 2025
Switzerland's vice president said Saturday he had had "constructive meetings" with senior US officials as the country …
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AI giant Anthropic to pay $1.5 bn over pirated books
Sep 06 2025
Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over allegedly using pirated books to train …
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US Open offers home court advantage to top brands
Sep 06 2025
The US Open, the last Grand Slam of the tennis calendar, has become a coveted money-making opportunity for the world's …
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Europe bets on supercomputer to catch up in AI race
Sep 05 2025
Europe's fastest supercomputer Jupiter was inaugurated Friday in Germany with Chancellor Friedrich Merz saying it could …
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US jobs data boosts rate cut hopes but stocks slide
Sep 05 2025
Weak US jobs data cemented expectations of an interest rate cut later this month on Friday, but stocks slid on worries …
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US agents arrest 475 in raid on Hyundai-LG plant
Sep 05 2025
South Koreans suspected of working in the United States illegally were the majority of 475 people arrested in a raid on …
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EU massive fine against Google draws Trump threat
Sep 05 2025
The EU on Friday slapped Google with a massive 2.95 billion euros ($3.47 billion) antitrust fine for favoring its own …
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US hiring weakens sharply in August as jobs market stalls
Sep 05 2025
US job growth stalled in August while unemployment crept up to its highest level since 2021, in a closely watched report …
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EU hits Google with 2.95 bn euro fine despite Trump threats
Sep 05 2025
The EU on Friday slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favouring its own …
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Spain's BBVA bank to start Sabadell offer Monday
Sep 05 2025
Spanish banking giant BBVA said on Friday its tender offer for smaller national rival Sabadell would start on Monday …
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Tesla proposes package for Musk that could top $1 trillion
Sep 05 2025
Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial …
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Seizing Russian assets would risk 'terrible systemic shock' to euro: Belgian FM
Sep 05 2025
Seizing Russian central bank assets immobilised in the 27-nation EU over the Ukraine war risks inflicting major damage …
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EU hits Google with €2.95 bn fine despite Trump threats
Sep 05 2025
The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favouring its own advertising …
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China to impose temporary duties on EU pork
Sep 05 2025
China said Friday it would impose temporary anti-dumping duties on European Union pork imports, delivering another blow …
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Stocks rise, dollar drops as US jobs data boosts rate cut hopes
Sep 05 2025
Stocks rose and the dollar slid Friday as a sharp slowdown in US hiring cemented expectations that the US Federal …
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Merz inaugurates supercomputer, says Europe can catch up in AI race
Sep 05 2025
German Chancellor Friedrich Merz said on Friday that Europe can catch up in the global artificial intelligence race as …
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US hiring significantly misses expectations as jobs market cools
Sep 05 2025
The US economy added significantly fewer jobs than expected in August, government data showed on Friday, in a closely …
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Venice Film Festival a red carpet pulpit for 'King Giorgio' Armani
Sep 05 2025
For decades, the red carpet of the Venice Film Festival was one of Giorgio Armani's most high-profile catwalks, with the …
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The massive debt behind France's political turmoil
Sep 05 2025
France's growing debt pile is at the heart of the confidence vote that could topple the government of Prime Minister …
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Stocks rise ahead of key US jobs data
Sep 05 2025
Asian and European stock markets advanced on Friday ahead of a key US jobs report that will give insight into the …
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China to impose temporary duties on EU pork over 'dumping'
Sep 05 2025
China said Friday it would impose temporary anti-dumping duties on European Union pork imports, delivering another blow …
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Asian, European markets rally ahead of US jobs data
Sep 05 2025
Asian and European markets advanced on Friday, in line with a global equity rally ahead of a US jobs report that will …
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Danish wind giant sues US government over project halt
Sep 05 2025
Danish energy group Orsted has filed a lawsuit seeking to prevent the US government from blocking the construction of …
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German factory orders drop in new blow to economy
Sep 05 2025
German industrial orders unexpectedly fell in July, official data showed Friday, the latest sign that Europe's …
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US AI giant Anthropic bars Chinese-owned entities
Sep 05 2025
Anthropic is barring Chinese-run companies and organizations from using its artificial intelligence services, the US …
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Cooling US jobs market in focus as political scrutiny heats up
Sep 05 2025
US employment data on Friday is expected to confirm a cooled labor market, as companies pull back on hiring amid …
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Asian markets rally as Chinese stocks selloff eases
Sep 05 2025
Asian markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the …
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Trump signs order to lower US tariffs on Japan autos to 15%
Sep 05 2025
US President Donald Trump signed an order Thursday to lower tariffs on Japanese autos, as Washington moves to implement …
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US tech titans pay hommage to Trump at White House dinner
Sep 05 2025
Tech world executives showered Donald Trump with praise Thursday during a rare dinner that saw the US president host …
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Stock markets advance with eyes on US jobs data
Sep 04 2025
Stock markets mostly climbed and global bonds stabilized on Thursday as investors looked to US jobs data to cement …
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Trump's Fed pick plans to keep White House job while at central bank
Sep 04 2025
Donald Trump's pick to join the Federal Reserve's board of governors said Thursday that he plans to take a leave of …
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Trump's Fed governor pick vows to uphold central bank independence
Sep 04 2025
Donald Trump's pick to join the Federal Reserve's board of governors pledged to uphold US central bank independence if …
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France detains seven over new cryptocurrency kidnapping
Sep 04 2025
French authorities have detained seven people in an investigation into the kidnapping of a young Swiss citizen believed …
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Trump's pick for US Fed governor vows to uphold independence
Sep 04 2025
Donald Trump's pick to join the Federal Reserve's board of governors pledged Thursday to uphold US central bank …
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US private sector hiring cools more than expected: ADP
Sep 04 2025
Hiring in the US private sector slowed more than anticipated in August, according to payroll firm ADP on Thursday, as …
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US trade gap widest in 4 months as imports surged ahead of tariffs
Sep 04 2025
The US trade deficit expanded more than expected in July to its widest in four months, government data showed Thursday, …
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Stock markets mixed with eyes on US jobs data
Sep 04 2025
Stock markets diverged and global bonds stabilised on Thursday as investors looked to US jobs data to cement rate-cut …
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US trade gap widens more than expected on goods imports surge
Sep 04 2025
The US trade deficit expanded more than expected in July, government data showed Thursday, on a surge in imports …
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Berlusconi media group takes control of German broadcaster
Sep 04 2025
Italy's MediaForEurope (MFE) announced Thursday it had taken control of one of Germany's biggest private broadcasting …
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Seniors back to work as ageing Germany battles pension burden
Sep 04 2025
At age 70, Pete Maie appears nervous at the start of a job interview to work as a part-time parcel delivery driver for a …
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