Business and Economy
Gautam Adani: Billionaire Indian tycoon facing US bribery charges
AFP - 34m ago
Billionaire Indian industrialist Gautam Adani, whose business empire has been rocked by US bribery charges against him, …
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US govt calls for breakup of Google and Chrome
AFP - 2h ago
The US government late Wednesday asked a judge to order the dismantling of Google by selling its widely used Chrome …
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Adani plunges in Mumbai on founder's charges as Asian markets retreat
AFP - 2h ago
Shares in Indian conglomerate Adani tanked on Thursday after its industrialist owner Gautam Adani was charged by US …
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India's Adani Enterprises tanks after founder's US charges
AFP - 2h ago
Shares in India's Adani Enterprises slumped 10 percent at Thursday's open after US prosecutors charged billionaire …
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Screen to reality: South Korea targets K-pop, K-drama tourism boom
AFP - 3h ago
Deep in South Korea's hinterlands lies a perfect replica of 1900s Seoul: welcome to Sunshine Land, the latest K-drama …
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Asian markets mixed as Nvidia falls short of hopes, eyes on Trump
AFP - 1h ago
Asian markets were mixed Thursday as another blockbuster earnings from chip titan Nvidia smashed forecasts but still …
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Civil war economy hits Myanmar garment workers
AFP - 4h ago
As civil war pounds Myanmar's economy and drives up prices, garment worker Wai Wai often starts her shift making clothes …
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Archegos founder jailed for 18 years for massive fraud: US media
Nov 20 2024
The founder of US investment firm Archegos, Bill Hwang, was jailed for 18 years on Wednesday for a multibillion-dollar …
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Dollar strengthens, stocks mostly flat over lack of triggers
Nov 20 2024
Global stocks were mostly flat or lower Wednesday while the dollar strengthened ahead of an eagerly anticipated report …
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Nvidia crushes earnings expectations on AI chip demand
Nov 20 2024
US chipmaking behemoth Nvidia said Wednesday it made a $19 billion profit on record high revenue last quarter as demand …
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Arrested son of Norwegian princess suspected of second rape
Nov 20 2024
The eldest son of Norway's Crown Princess Mette-Marit is suspected of a second rape, police said Wednesday, two days …
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Musk outlines plans for mass cuts as Trump 'efficiency' czar
Nov 20 2024
Elon Musk outlined plans Wednesday for his new role as "efficiency" czar -- signaling an assault on federal spending and …
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Macron praises EU-Chile trade agreement on Latin America tour
Nov 20 2024
French President Emmanuel Macron on Wednesday hailed a recently upgraded EU-Chile free trade agreement as he met …
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Musk details mass cuts to US federal spending and staff
Nov 20 2024
Elon Musk outlined plans Wednesday for his new role as "efficiency" czar -- signaling an assault on federal spending and …
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Awaiting Trump, US auto execs further temper EV push
Nov 20 2024
US auto giants signaled Wednesday they could further slow the ramp-up of electric vehicle production as Detroit awaits …
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Ryanair threatens to drop 10 French airports over tax hike
Nov 20 2024
Low-cost airline Ryanair threatened Wednesday to stop serving 10 French regional airports if the government goes forward …
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US Fed official warns against cutting rates 'too quickly'
Nov 20 2024
The US Federal Reserve should be careful not to cut rates "too quickly" and risk reigniting stubborn inflation, a senior …
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Stock markets retreat ahead of Nvidia earnings
Nov 20 2024
US and European stock markets retreated on Wednesday as investors eagerly awaited results from artificial intelligence …
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Johnson & Johnson risks UK lawsuit over talc cancer claim
Nov 20 2024
UK claimants announced Wednesday legal action against US pharmaceutical and cosmetics giant Johnson & Johnson, alleging …
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Arnault family to complete Paris FC acquisition "in coming days"
Nov 20 2024
The family of France's richest person, Bernard Arnault, will complete the acquisition of Paris FC "in the coming days", …
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Ford to cut 4,000 jobs in Europe
Nov 20 2024
US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in Germany and Britain, in the latest …
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As Trump returns, China seizes chance for climate mantle
Nov 20 2024
With Donald Trump expected to take the United States again out of climate diplomacy, China, the world's largest emitter …
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French farmers lift border blockade after talks with PM
Nov 20 2024
French farmers protesting pay and conditions and a prospective EU-Latin America trade deal on Wednesday lifted a …
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General strike in Greece against cost of living
Nov 20 2024
Thousands of people demonstrated in Athens and other cities Wednesday as a 24-hour general strike against the rising …
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Floods to shave 0.2 percentage points off Spain's growth
Nov 20 2024
The floods which killed 227 people in Spain last month could shave 0.2 percentage points off its economic growth in the …
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Stock markets gain, dollar higher before Nvidia earnings
Nov 20 2024
Major European and Asian stock markets mostly gained and the dollar firmed against main rivals Wednesday following a …
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Markets fluctuate as traders weigh geopolitical tensions
Nov 20 2024
Stocks fluctuated Wednesday following a positive lead from Wall Street as traders assessed the prospect of an escalation …
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Asian markets fluctuate as traders weigh geopolitical tensions
Nov 20 2024
Asian stocks fluctuated Wednesday following a positive lead from Wall Street as traders assessed the prospect of an …
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Japan ramps up tech ambitions with $65 bn for AI, chips
Nov 20 2024
Japan is readying a $65-billion push in microchips and artificial intelligence aimed at reclaiming its status as a …
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Asian markets struggle as traders weigh geopolitical tensions
Nov 20 2024
Asian investors struggled Wednesday to track a positive lead from Wall Street as they assess the prospect of an …
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Strike at French cognac maker Hennessy over measures in China spat
Nov 20 2024
Hundreds of employees of French cognac maker Hennessy, part of the LVMH group luxury empire, went on strike on Tuesday …
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European stocks fall on Ukraine-Russia fears, US focused on earnings
Nov 19 2024
Stock markets fell in Europe but finished mostly higher in New York Tuesday as markets weighed worries about escalating …
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Trump names China hawk Howard Lutnick as US commerce secretary
Nov 19 2024
US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary …
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Trump names China hawk Howard Lutnick commerce secretary
Nov 19 2024
President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on …
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China's Xi urges 'strategic' ties in talks with Germany's Scholz
Nov 19 2024
Chinese leader Xi Jinping called for Beijing and Berlin to develop ties with a "strategic" and "long-term" perspective …
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Top-selling daily French daily Ouest-France stops posting on X
Nov 19 2024
French regional daily Ouest-France, the top-selling paper in the country, announced Tuesday it was joining several other …
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Stocks diverge on fears of Ukraine-Russia escalation
Nov 19 2024
Stock markets fell in Europe and were mixed on Wall Street as fears of escalation of Russia's war against Ukraine …
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New Botswana leader eyes cannabis, sunshine to lift economy
Nov 19 2024
Botswana will diversify its diamond-dependent economy by launching into the medicinal cannabis market and exploiting its …
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Taxing the richest: what the G20 decided
Nov 19 2024
Anti-poverty campaigners have hailed a decision by G20 leaders meeting in Rio to make sure the world's billionaires "are …
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'Minecraft' to come to life in UK and US under theme park deal
Nov 19 2024
The best-selling video game "Minecraft" is to become a real-life destination, as part of a multi-million-pound deal …
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IMF, Ukraine, reach agreement on $1.1 bn loan disbursement
Nov 19 2024
The IMF said Tuesday that it has reached agreement with Ukraine on a loan program review that paves the way for an …
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COP29 negotiators strive for deal after G20 'marching orders'
Nov 19 2024
Negotiators toiled Tuesday to break a deadlock at UN climate talks after G20 leaders acknowledged the need for trillions …
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Stocks sink on fears of Ukraine-Russia escalation
Nov 19 2024
Stock markets fell across the board in Europe and the United States on Tuesday as fears of further escalation of …
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French farmers threaten 'chaos' over proposed EU-Mercosur deal
Nov 19 2024
French farmers stepped up their protests Tuesday against a proposed trade pact between the European Union and four South …
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Walmart lifts full-year forecast after strong Q3
Nov 19 2024
Walmart reported a jump in third-quarter profits Tuesday behind solid US sales and gains in its e-commerce business as …
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British farmers protest in London over inheritance tax change
Nov 19 2024
British farmers massed in London on Tuesday, calling on the Labour government to scrap plans to change inheritance tax …
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Crisis-hit Thyssenkrupp books another hefty annual loss
Nov 19 2024
German industrial giant Thyssenkrupp on Tuesday reported a massive annual loss for the second year running, as it …
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European stocks slide on fears of Russia-Ukraine escalation
Nov 19 2024
European stock markets slid Tuesday on fears of escalation in the Russia-Ukraine war after President Vladimir Putin …
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Farmers descend on London to overturn inheritance tax change
Nov 19 2024
British farmers massed in London on Tuesday for protests against controversial government plans to change inheritance …
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French farmers step up protests against EU-Mercosur deal
Nov 19 2024
French farmers planned on Tuesday to step up their protests against a proposed trade pact between the European Union and …
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Negotiators seek to break COP29 impasse after G20 'marching orders'
Nov 19 2024
Negotiators sought Tuesday to break a deadlock at UN climate talks after G20 leaders backed the need for "trillions" of …
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Markets rally after US bounce as Nvidia comes into focus
Nov 19 2024
Markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of tech …
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Asian markets rally after US bounce as Nvidia comes into focus
Nov 19 2024
Asian markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of …
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Urban mosquito sparks malaria surge in East Africa
Nov 19 2024
The spread of a mosquito in East Africa that thrives in urban areas and is immune to insecticide is fuelling a surge in …
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S.Africa offers a lesson on how not to shut down a coal plant
Nov 19 2024
The cold corridors of South Africa's once-mighty Komati coal-fired power plant have been quiet since its shutdown in …
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Spanish resort to ban new holiday flats in 43 neighbourhoods
Nov 19 2024
Malaga moved Monday to ban new short-term apartment rentals to tourists in 43 neighbourhoods of the southern Spanish …
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Japan, UK to hold regular economic security talks
Nov 19 2024
Japan and Britain have agreed to hold regular high-level talks on economic security, Tokyo said Tuesday after the two …
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Divided G20 fails to agree on climate, Ukraine
Nov 19 2024
G20 leaders failed on Monday to break a deadlock in UN climate talks at a summit in Rio that was dominated by …
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G20 wrestles with wars, 'turbulence' in run-up to Trump
Nov 19 2024
Chinese President Xi Jinping warned Monday the world faces "turbulence," as G20 leaders met in Brazil two months before …
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US to call for Google to sell Chrome browser: report
Nov 19 2024
The US will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust …
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Trump expected to attend next Starship rocket launch: reports
Nov 18 2024
US President-elect Donald Trump is expected to attend Tuesday's launch of SpaceX's massive Starship rocket, US media …
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China's Xi urges G20 to help 'cool' Ukraine crisis
Nov 18 2024
Chinese President Xi Jinping urged G20 leaders Monday to support efforts to de-escalate the war in Ukraine and reach a …
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Stocks, dollar hesitant as traders brace for Nvidia earnings
Nov 18 2024
Global markets were mixed on Monday as traders largely treaded water after a busy period that saw a post-election …
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Germany, Finland warn of 'hybrid warfare' after sea cable cut
Nov 18 2024
Germany and Finland launched a probe Monday after an undersea cable linking the countries was severed, warning of the …
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Stocks, dollar hesitant as traders eye US rate outlook, Nvidia
Nov 18 2024
Stock markets were mixed from Asia to the United States on Monday as cautious traders reassessed the outlook for …
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G20 wrestles with wars, climate in run-up to Trump
Nov 18 2024
Chinese President Xi Jinping warned Monday the world faces "a new period of major changes" as G20 leaders met in Brazil …
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'Agriculture is dying': French farmers protest EU-Mercosur deal
Nov 18 2024
French farmers launched Monday a new wave of action to protest a proposed trade pact between the European Union and four …
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Stocks, dollar hesitant as traders scale back US rate cut bets
Nov 18 2024
European and Asian stock markets moved mostly lower Monday after a pre-weekend retreat on Wall Street as investors …
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G20 leaders gather to discuss wars, climate, Trump comeback
Nov 18 2024
G20 leaders began arriving for a summit in Brazil on Monday to try reignite deadlocked climate talks and overcome their …
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Stocks, dollar mixed as traders scale back US rate cut bets
Nov 18 2024
European and Asian stock markets traded mixed Monday following a pre-weekend retreat on Wall Street as investors scaled …
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Tractor-driving French farmers protest EU-Mercosur deal
Nov 18 2024
French farmers launched Monday a new wave of action to protest the adoption of a trade pact between the European Union …
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Markets mixed after Wall St losses as traders weigh US rates outlook
Nov 18 2024
Asian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal …
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Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud
Nov 18 2024
The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating …
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Markets swing after Wall St losses as traders weigh US rates outlook
Nov 18 2024
Asian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal …
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G20 leaders to grapple with climate, taxes, Trump comeback
Nov 18 2024
G20 leaders gather in Brazil on Monday to discuss fighting poverty, boosting climate financing and other multilateral …
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Woman-owned cafe in Indonesia's Sharia stronghold shakes stigma
Nov 18 2024
In what claims to be the only woman-run cafe in the capital of Indonesia's most conservative province, owner Qurrata …
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Disgraced Singapore oil tycoon to be sentenced for fraud
Nov 18 2024
The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of …
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China's Xi says to 'enhance' ties with Brazil as arrives for G20: state media
Nov 18 2024
Chinese leader Xi Jinping said he was seeking to "further enhance" ties with Brazil as he arrived Sunday for a state …
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'Devil is in the details,' EU chief says of S.America trade deal
Nov 17 2024
EU chief Ursula von der Leyen said Sunday "the devil is always in the details" as she spoke of a budding South America …
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Macron defends French farmers in talks with Argentina's Milei
Nov 17 2024
President Emmanuel Macron on Sunday defended France's resistance to a much-touted trade deal between the European Union …
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Debt-saddled Laos struggles to tame rampant inflation
Nov 17 2024
Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices …
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Xi tells Biden ready for 'smooth transition' to Trump
Nov 17 2024
Chinese President Xi Jinping said Saturday he was ready to work with Donald Trump's new administration for a "smooth …
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Climate finance can be hard sell, says aide to banks and PMs
Nov 17 2024
Trillions of dollars are needed to make poorer nations more resilient to climate change, and studies have estimated that …
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Egypt's middle class cuts costs as IMF-backed reforms take hold
Nov 17 2024
Egypt's economy has been in crisis for years, but as the latest round of International Monetary Fund-backed reforms …
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Beirut businesses struggle to stay afloat under Israeli raids
Nov 17 2024
Lina al-Khalil has fled her south Beirut home to escape escalating Israeli attacks on Hezbollah, but she still returns …
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Trump taps fracking magnate and climate skeptic as energy chief
Nov 17 2024
US President-elect Donald Trump nominated fracking magnate and climate change skeptic Chris Wright as energy secretary …
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Trump nominates fracking magnate and climate skeptic as energy secretary
Nov 16 2024
US President-elect Donald Trump nominated fracking magnate and climate change skeptic Chris Wright as energy secretary …
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Xi tells Biden will seek 'smooth transition' in US-China ties
Nov 16 2024
China is ready to work with the new US administration to ensure a "smooth transition" in bilateral ties, President Xi …
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Biden arrives for final talks with Xi as Trump return looms
Nov 16 2024
US President Joe Biden arrived at a Lima hotel Saturday for his final encounter with Chinese counterpart Xi Jinping, a …
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Xi, Biden to meet as Trump return looms
Nov 16 2024
US President Joe Biden and Chinese counterpart Xi Jinping will hold their last meeting Saturday, a day after both …
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China's Xi urges APEC unity in face of 'protectionism'
Nov 16 2024
Chinese President Xi Jinping on Saturday called for Asia-Pacific economies to "unite and cooperate" in the face of …
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Macron to press Milei on climate action, multilateralism in Argentina talks
Nov 16 2024
French President Emmanuel Macron will stress the importance of international action on climate change at talks Saturday …
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Farmers target PM Starmer in protest against new UK tax rules
Nov 16 2024
Hundreds of farmers, many in tractors, gathered in Wales on Saturday to protest against UK Prime Minister Keir Starmer …
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US finalizes up to $6.6 bn funding for chip giant TSMC
Nov 15 2024
The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants …
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Global stocks struggle after Fed signals slower rate cuts
Nov 15 2024
Global stock markets ended the week on a sour note Friday as traders mulled Federal Reserve Chair Jerome Powell's …
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Fitch upgrades Argentina debt rating amid economic pain
Nov 15 2024
Credit ratings agency Fitch upgraded Argentina's sovereign debt rating to "CCC" from "CC" on Friday, citing improved …
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At summit under Trump shadow, Xi and Biden signal turbulence ahead
Nov 15 2024
US President Joe Biden and Chinese counterpart Xi Jinping on Friday warned of turbulent times ahead, in remarks at an …
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Xi warns against 'protectionism' at APEC summit under Trump cloud
Nov 15 2024
Chinese President Xi Jinping warned Friday the world was entering an era of harmful "protectionism," in remarks to an …
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Xi, Biden at Asia-Pacific summit under Trump trade war cloud
Nov 15 2024
US President Joe Biden joined Asia-Pacific leaders for a summit on economic cooperation Friday in Lima, where he is set …
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Boeing strike will hurt Ethiopian Airlines growth: CEO
Nov 15 2024
Africa's biggest carrier, Ethiopian Airlines, is feeling the effects of a bitter seven-week strike at plane maker …
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End of a love affair: news media quit X over 'disinformation'
Nov 15 2024
News outlets have begun quitting X, formerly Twitter, once a favourite of global media but now accused of enabling the …
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US retail sales lose steam in October after hurricanes
Nov 15 2024
Retail sales in the United States slowed in October, according to government data released Friday, with analysts noting …
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