Business and Economy
Cash crunch leaves Syrians queueing for hours to collect salaries
AFP - 16m ago
Seated on the pavement outside a bank in central Damascus, Abu Fares's face is worn with exhaustion as he waits to …
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Asian markets mixed as traders track tariff talks
AFP - 52m ago
Asian markets were mixed in holiday-thinned trade Friday as investors keep tabs on countries' tariff talks with the …
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Japan rice prices soar as core inflation accelerates
Apr 18 2025
Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core …
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US unveils new port fees for Chinese-linked ships
Apr 18 2025
The United States unveiled new port fees on Chinese built and operated ships Thursday, in a bid to boost the domestic …
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Trump and Italy's Meloni talk up EU tariff deal hopes
Apr 18 2025
Donald Trump and Giorgia Meloni hit an optimistic note about a possible US-EU tariffs deal Thursday as the far-right …
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Trump insists he could fire independent Fed Chair Powell
Apr 18 2025
US President Donald Trump on Thursday insisted that he could force out the head of the independent Federal Reserve, …
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Google has illegal monopoly in ad tech, US judge rules
Apr 18 2025
A US judge on Thursday ruled that Google illegally wielded monopoly power in the online ad technology market, in a legal …
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Netflix earnings top forecasts despite economic turmoil
AFP - 4h ago
Netflix on Thursday reported quarterly earnings slightly better than analysts expected, saying it is staying focused on …
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Netflix earnings in first quarter of 2025 top forecasts
AFP - 1h ago
Netflix on Thursday reported quarterly profit of $2.9 billion as revenue grew 13 percent with help from recent …
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Trump says US 'talking' to China on tariffs
AFP - 6h ago
President Donald Trump said Thursday that the United States was in talks with China on tariffs, adding that he was …
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Stocks waver as ECB cuts rate, Trump slams Fed chief
AFP - 6h ago
Stock markets wavered Thursday despite another interest rate cut by the European Central Bank as investors remain on …
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Trump talks up EU tariff deal as Italy's Meloni visits
AFP - 2h ago
US President Donald Trump said he would "100 percent" reach a tariffs deal with the European Union as Italian Prime …
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Countries must 'make the best' of new multipolar world: IMF chief
AFP - 8h ago
Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with …
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US judge rules against Google in online ad tech antitrust case
AFP - 1h ago
A US judge on Thursday ruled that Google illegally wielded monopoly power in the online ad technology market, in a legal …
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Italy's Meloni, Trump talk up EU trade deal hopes
AFP - 3h ago
Italian Prime Minister Giorgia Meloni and US President Donald Trump talked up the chances of cutting a tariff deal for …
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US judge rules Google monopolized online ad tech market
AFP - 1h ago
A US judge on Thursday ruled that Google wielded monopoly power in the online ad technology market in a blow that could …
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Swiss watch exports to US soared ahead of Trump tariffs
AFP - 3h ago
Swiss watch exports to the key US market soared nearly 14 percent in March, likely the result of retailers stocking up …
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World economy likely to avoid recession despite tariffs: IMF chief
AFP - 12h ago
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff …
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ECB cuts rates as Trump tariffs raise fears for eurozone growth
AFP - 10h ago
The European Central Bank cut interest rates again Thursday amid fears that US President Donald Trump's stop-start …
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Trump says Fed chief's 'termination cannot come fast enough'
AFP - 4h ago
US President Donald Trump said Thursday that "termination" of the independent head of the Federal Reserve "cannot come …
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Italy's Meloni seeks EU tariff deal from Trump
AFP - 2h ago
Italian Prime Minister Giorgia Meloni will meet Donald Trump at the White House on Thursday, hoping a personal charm …
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Nvidia CEO in Beijing as US tech curbs, trade war threaten sales
AFP - 7h ago
Nvidia CEO Jensen Huang held talks with Chinese leaders in Beijing on Thursday, state media said, days after the United …
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World economy should avoid recession despite tariffs, IMF chief says
AFP - 1h ago
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff …
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N.Ireland designer Jonathan Anderson takes helm at Dior Men
AFP - 1h ago
French fashion giant Dior named the highly-rated designer Jonathan Anderson as creative director of Dior Men on …
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Turkish central bank raises interest rate to 46 percent
AFP - 8h ago
Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of …
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Trump's tariff storm a threat to dollar's dominance?
AFP - 3h ago
As President Donald Trump's tariffs threaten the US economy, questions are being asked about how long the dollar can …
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Trump clashes with Fed chief Powell over interest rates
AFP - 52m ago
US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, …
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Stocks diverge as ECB rate cut looms, Trump tussles with Fed
AFP - 2h ago
European stock markets dropped Thursday following Asian gains as investors awaited an expected interest rate cut by the …
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EU hopes Trump tariffs can nudge Mercosur deal past finish line
AFP - 2h ago
The spectre of a transatlantic trade war is also fuelling hopes of a silver lining in Europe: that a commerce deal with …
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Asian markets boosted as 'Big Progress' made in Japan tariff talks
AFP - 3h ago
Tokyo led Asian stocks higher on Thursday as optimism over Japan-US trade talks offset Federal Reserve boss Jerome …
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Taiwan's TSMC net profit soars as US tariff threat looms
AFP - 19h ago
Taiwanese chipmaking titan TSMC reported on Thursday a surge in net profit for the first quarter and forecast robust …
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Asian markets boosted by 'Big Progress' in Japan tariff talks
AFP - 54m ago
Tokyo led Asian stocks higher Thursday as optimism over Japan-US trade talks offset Federal Reserve boss Jerome Powell's …
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Taiwan's TSMC says net profit rose 60.3% in first quarter
AFP - 1h ago
Taiwanese chipmaking titan TSMC reported Thursday a surge in net profit for the first quarter and forecast robust demand …
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Hermes to hike US prices to offset tariff impact
AFP - 8h ago
French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of …
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Unease grows over Trump tariffs despite 'progress' in Japan trade talks
AFP - 20h ago
Uncertainty over Donald Trump's tariff blitz mounted Thursday after the Fed chief warned of rising prices and …
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ECB ready to cut rates again as Trump tariffs shake eurozone
AFP - 9h ago
European Central Bank policymakers look increasingly likely to cut interest rates again on Thursday, with US President …
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Trump tariffs provoke growing economic uncertainty
AFP - 13h ago
Concern over the economic fallout from US President Donald Trump's global tariffs mounted Wednesday, with Fed Chair …
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Zuckerberg denies Meta bought rivals to conquer them
Apr 16 2025
Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and …
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US stocks fall with dollar as Powell warns on tariffs
Apr 16 2025
Wall Street traders were back in sell-off mode Wednesday while the dollar fell further as downcast comments from Federal …
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AMD says US rule on chips to China could cost it $800 mn
Apr 16 2025
Chip developer Advanced Micro Devices (AMD) on Wednesday said it expects new US licensing requirements for …
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Trump tariffs could put US Fed in a bind, Powell warns
Apr 16 2025
US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the Federal Reserve …
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Trump tariffs could put the US Fed in a bind, Powell warns
Apr 16 2025
Donald Trump's tariffs will likely push up prices and constrain growth, and could put the US Federal Reserve in the …
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US Fed Chair warns of 'tension' between employment, inflation goals
Apr 16 2025
Tariffs are likely to push up prices and could put the US Federal Reserve in the unenviable position of having to choose …
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Trump touts trade talks, China calls out tariff 'blackmail'
Apr 16 2025
US President Donald Trump touted tariff negotiations with Japan on Wednesday while China angrily accused Washington of …
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TikTok tests letting users add informative 'Footnotes'
Apr 16 2025
TikTok on Wednesday said it is testing a feature that would let people add "Footnotes" providing informative context to …
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Long-abandoned Welsh mine revived as gold prices soar
Apr 16 2025
At the bottom of a long-abandoned mine, 50 metres below the surface, one company searches for rare Welsh gold, attracted …
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Global uncertainty will 'certainly' hit growth: World Bank president
Apr 16 2025
The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the …
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WTO chief says 'very concerned' as tariffs cut into global trade
Apr 16 2025
Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling …
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Stocks mixed as US hits Nvidia chip export to China
Apr 16 2025
Wall Street shares fell but European stocks diverged Wednesday after the US government imposed restrictions on exports …
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The Trump adviser who wants to rewrite the global financial system
Apr 16 2025
One of the architects of US President Donald Trump's tariff blitz has advocated a shake-up of the global trade and …
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Canada central bank holds interest rate steady amid tariffs chaos
Apr 16 2025
The Bank of Canada on Wednesday held its key lending rate at 2.75 percent, pausing a stream of recent cuts due to …
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Stocks retreat as US hits Nvidia chip export to China
Apr 16 2025
Stock markets retreated Wednesday after the US government imposed restrictions on exports of a key Nvidia chip to China, …
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China tells Trump to 'stop threatening and blackmailing'
Apr 16 2025
China told Washington on Wednesday to "stop threatening and blackmailing" after US President Donald Trump said it was up …
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Global trade uncertainty could have 'severe negative consequences': WTO chief
Apr 16 2025
Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling …
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Google facing £5 bn UK lawsuit over ad searches: firms
Apr 16 2025
Google on Wednesday said it would "vigorously" defend itself after some 250,000 UK businesses filed a …
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Automakers hold their breath on Trump's erratic US tariffs
Apr 16 2025
US President Donald Trump's aggressive but fast-changing trade policy has foisted difficult questions on carmakers that …
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Stocks struggle again as Nvidia chip curb warning pops calm
Apr 16 2025
Asian stocks swung Wednesday after Nvidia's announcement of new US licensing rules on shipments of its new chip to China …
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China's forecast-beating growth belies storm clouds ahead: analysts
Apr 16 2025
Forecast-beating growth in China's first quarter may have offered Beijing's economic planners some much needed good news …
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ASML CEO sees growing economic 'uncertainty' from tariffs
Apr 16 2025
Dutch tech giant ASML warned on Wednesday of growing economic uncertainty due to US tariffs but the company kept its …
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Europe seeks to break its US tech addiction
Apr 16 2025
With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing …
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Heineken beer sales dip, tariffs add to uncertainty
Apr 16 2025
Heineken said Wednesday its beer sales were down in the first quarter but kept profit forecasts for the year unchanged …
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Dutch flower industry grasps thorny pesticide issue
Apr 16 2025
As Margriet Mantingh gazes at flowers stretching as far as the eye can see at the world's biggest flower market near …
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Solar boom counters power shortages in Niger
Apr 16 2025
Solar panels like the ones on the roof of Elhadj Abdou's house are an increasingly common sight in Niger's capital, …
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Mackerel and missiles: EU-UK defence deal snags on fish
Apr 16 2025
Cod and herring are normally more likely to be on the dinner menu than the negotiating table at European security talks.
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ASML CEO sees 'increased macro uncertainty' from tariffs
Apr 16 2025
The head of ASML said on Wednesday there was "increased macro uncertainty" due to tariffs but the Dutch tech giant kept …
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Wine consumption falls heavily into the red
Apr 16 2025
Worldwide consumption of wine fell in 2024 to its lowest level in more than 60 years, the main trade body said Tuesday, …
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China's economy beats forecasts ahead of Trump's 'Liberation Day'
Apr 16 2025
China said Wednesday its economy topped forecasts in the first quarter, as exporters rushed to shift goods ahead of …
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Vespa love affair: Indonesians turn vintage scooters electric
Apr 16 2025
When Indonesian executive Heret Frasthio takes his antique 1957 VL Vespa for a ride, its white paint peeling off, the …
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Cambodia's Chinese casino city bets big on Beijing
Apr 16 2025
Once a collection of sleepy fishing villages, vast Chinese investments have transformed Cambodia's Sihanoukville into a …
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Trump says ball in China's court on tariffs
Apr 16 2025
Donald Trump believes it is up to China to come to the negotiating table on trade, the White House said Tuesday, after …
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China's economy beat forecasts in first quarter ahead of Trump's 'Liberation Day'
Apr 16 2025
China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get …
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Trump orders critical minerals probe that may bring new tariffs
Apr 16 2025
US President Donald Trump ordered a probe Tuesday that may result in tariffs on critical minerals, rare-earth metals and …
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Facebook added 'value' to Instagram, Zuckerberg tells antitrust trial
Apr 16 2025
Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his …
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Boeing faces fresh crisis with US-China trade war
Apr 16 2025
US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn …
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Nvidia expects $5.5 bn hit as US targets chips sent to China
Apr 16 2025
Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing …
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Global stocks mixed amid lingering unease over trade war
Apr 15 2025
Global stocks were mixed Tuesday as investors digested strong bank earnings and monitored ongoing developments in the …
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Trump resurrects ghost of US military bases in Panama
Apr 15 2025
US President Donald Trump's bid to take back control of the Panama Canal has put his counterpart Jose Raul Mulino in a …
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Canada offers automakers tariff relief, Honda denies weighing move
Apr 15 2025
Ottawa on Tuesday offered tariff relief to automakers on condition they maintain production in Canada, fearing US …
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Facebook added 'value' to Instagram, Zuckerberg says in antitrust trial
Apr 15 2025
Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his …
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Stocks rise on bank earnings, auto tariff hopes
Apr 15 2025
Stock markets rose Tuesday as investors digested strong bank earnings and shares in several auto giants surged over …
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Trump says China 'reneged' on Boeing deal as tensions flare
Apr 15 2025
US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing …
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Stocks rise as auto shares surge on tariff break hopes
Apr 15 2025
Stock markets rose Tuesday, with shares in several automakers gaining after US President Donald Trump hinted that the …
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Facebook chief Zuckerberg testifying again in US antitrust trial
Apr 15 2025
Social media titan Mark Zuckerberg took the stand for a second day Tuesday in a landmark US antitrust trial where his …
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Auto shares surge on tariff reprieve hopes
Apr 15 2025
Stock markets rose Tuesday as auto firms were boosted by US President Donald Trump's suggestion of flexibility over …
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Trump trade war casts pall in China's southern export heartland
Apr 15 2025
The blistering tariff war launched by Donald Trump this month cast a shadow Tuesday as businesses met to strike deals at …
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China tells airlines to suspend Boeing jet deliveries: report
Apr 15 2025
China has told its airlines to stop taking deliveries of jets from American aviation giant Boeing, a report said …
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Stocks rise as stability returns, autos surge on exemption hope
Apr 15 2025
Equities mostly rose Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms …
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Japan orders Google to cease alleged antitrust violation
Apr 15 2025
Japanese authorities said Tuesday they had issued a cease-and-desist order to US tech titan Google over an alleged …
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Stocks rise as stability returns, autos lifted by exemption hope
Apr 15 2025
Equities mostly rose Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms …
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Danish brewer adds AI 'colleagues' to human team
Apr 15 2025
They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only exist in the …
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Malawi's debt crisis deepens as aid cuts hurt
Apr 15 2025
Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink. He had been …
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S. Korea plans extra $4.9 bn help for chips amid US tariff anxiety
Apr 15 2025
South Korea on Tuesday announced plans to invest almost $5 billion extra in the country's semiconductor industry, citing …
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Xi's Vietnam trip aiming to 'screw' US, says Trump
Apr 15 2025
China's President Xi Jinping paid tribute to Vietnam's late revolutionary leader Ho Chi Minh on Tuesday, his last day of …
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Meta news ban intensifying Canadians' legacy media break
Apr 15 2025
As Canada heads into an election this month, voters looking for campaign news on Facebook or Instagram will find …
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Asian stocks mixed as stability returns, autos lifted by exemption hope
Apr 15 2025
Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto …
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Chinese EV battery giant CATL posts 33% surge in Q1 profit
Apr 15 2025
The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter …
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US grounds helicopter company behind fatal New York tour
Apr 15 2025
US regulators on Monday issued an emergency order grounding the helicopter tour company behind last week's deadly crash …
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China's economy likely grew 5.1% in Q1 on export surge: AFP poll
Apr 15 2025
China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave …
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S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites
Apr 15 2025
South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, …
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Meta chief Zuckerberg testifies at landmark US antitrust trial
Apr 14 2025
Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US antitrust trial in which his social …
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Argentina's peso sinks after currency controls eased
Apr 14 2025
Argentina's peso slumped more than 11 percent against the US dollar Monday, after Javier Milei's libertarian government …
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LVMH sales dip as Trump tariffs dent luxury tastes
Apr 14 2025
Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US …
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