Business and Economy
Canada, EU launch new alliance with deals on Ukraine, minerals, AI
AFP - 22m ago
The EU and Canada announced an alliance Friday aimed at cementing their own relations in the face of President Donald …
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Monaco taken off global money-laundering 'grey list'
AFP - 1h ago
Global anti-money laundering watchdog the Financial Action Task Force (FATF) said Friday it had removed Monaco and three …
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Markets lashed by tech rout as earnings fan AI fears
AFP - 2h ago
Technology firms retreated further Friday after more poorly received earnings from US titans fanned deepening concerns …
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EU and Canada to 'withstand shocks together' with new alliance
AFP - 2h ago
EU chiefs Ursula von der Leyen and Antonio Costa held talks with Canada's Mark Carney in Montreal Friday to finalize a …
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Binance heist: How were cryptocurrency billions stolen?
AFP - 4h ago
Binance, the world's biggest cryptocurrency exchange, estimates that assets worth $6.3 billion were impacted by a …
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Wall Street tech rout deepens on doubts over AI spending
AFP - 4h ago
Shares in US tech giants were pummeled on Friday, capping a week of earnings results that raised questions on Wall …
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Drugs giant AstraZeneca reveals higher profits, savings plan
AFP - 7m ago
British pharmaceutical group AstraZeneca announced Friday a 23-percent jump in net profit for the third quarter and a …
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'Life in the old dog': German economy grows more than expected
AFP - 4h ago
Germany's quarterly growth beat forecasts and inflation slowed sharply as energy price pressures fuelled by the Iran war …
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Italy inflation surges to 5.4% as economy stalls
AFP - 5h ago
Italian inflation rose 5.4 percent in October from a year earlier as the economy stalled in the third quarter, Italy's …
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US jury hands win to Bayer in weedkiller cancer case
AFP - 4h ago
A US jury has sided with multinational giant Bayer over three women's claims its Roundup weedkiller caused their cancer, …
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US oil giants report profit surge again on Iran war
AFP - 7h ago
US oil giants reported Friday another quarter of soaring profits reflecting higher oil prices and refining margins due …
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Tech sell-off deepens as earnings fan AI fears
AFP - 1h ago
Technology firms retreated further Friday after more poorly-received earnings from US titans fanned deepening concerns …
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Eurozone growth holds up despite energy crunch
AFP - 7h ago
The eurozone economy grew more than expected in the third quarter, official data showed Friday, demonstrating resilience …
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Carmaker Audi cuts outlook again on China, US woes
AFP - 7h ago
Premium German carmaker Audi on Friday cut its profit outlook for the second time this year, complicating turnaround …
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BP net profit quadruples as Mideast war lifts oil prices
AFP - 8h ago
British energy giant BP said Friday that its net profit quadrupled in the third quarter as the Middle East war disrupted …
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French economy 'headed for a wall' as GDP shrinks
AFP - 4h ago
The French economy could be "headed for a wall" if the government is unable to pass a deficit-reducing budget soon, its …
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German economy logs 0.2% growth, faster than expected
AFP - 3h ago
Germany's economy grew faster than expected in the third quarter, official data showed Friday, defying headwinds ranging …
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Crypto platform Binance confirms 'complex' $6.3 bn hack
AFP - 58m ago
Cryptocurrency platform Binance said Friday it was working to resolve a "complex attack" that hit around $6.3 billion in …
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Spanish inflation stays at three-year high before election
AFP - 5h ago
Spanish inflation in October remained at 4.9 percent, its highest level since February 2023, official data showed …
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Tech firms take fresh hit as earnings misses fan AI fears
AFP - 3h ago
Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans …
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BP net profit quadruples on higher oil prices
AFP - 6h ago
British energy giant BP said Friday that its net profit quadrupled in the third quarter as the Middle East war disrupted …
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Surging costs of living top US voter concerns
AFP - 7h ago
Soaring prices for gas, medicine and other cost of living essentials are preoccupying Americans as they start to cast …
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Crypto platform Binance confirms $6.3 bn hack
AFP - 3h ago
Cryptocurrency platform Binance said Thursday it had fallen victim to a major hack that hit around $6.3 billion in …
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Malawi's fuel shortages, record prices deepen economic crisis
AFP - 6h ago
Word spread that a fuel tanker was nearing a filling station in Malawi's capital, Lilongwe, and the snaking queue surged …
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From minerals to AI, EU and Canada to forge new alliance
AFP - 6h ago
Squeezed by the United States and China, the European Union and Canada are set to unveil Friday a series of deals -- …
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Dodging fuel price hikes, Damascus drivers turn to electric cars
AFP - 9h ago
Taxi driver Mohammed Kanaan drives his shiny new electric car around Damascus's rundown streets, hoping for higher …
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Crypto platform Binance confirms major hack, more than $2.5bn frozen
AFP - 3h ago
Cryptocurrency platform Binance said Thursday it had fallen victim to a major hack and indicated that more than $2.5 …
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Nvidia's web of AI bets: smart strategy or bubble risk?
AFP - 8h ago
Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, …
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Charity crowdfunds millions to buy historic English estate
AFP - 9h ago
A leading UK conservation charity announced Friday it had raised some £30 million ($40 million) via crowdfunding to buy …
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Amazon cloud business accelerates but shares drop on profit miss
Oct 29 2026
Amazon shares fell more than seven percent in after-hours trading Thursday following a quarterly earnings report that …
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Google drags down US stocks as Lagarde signals early ECB exit
Oct 29 2026
Wall Street stocks retreated Thursday, led by the tech-focused Nasdaq after disappointing results from Google parent …
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Utah files criminal charges against prediction market Kalshi
Oct 29 2026
Prosecutors in the western US state of Utah have filed criminal charges against prediction market Kalshi, accusing the …
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Bugatti CEO to stop leaving keys inside cars after Chiron theft
Oct 29 2026
The Croatian CEO of Bugatti vowed on Thursday to stop leaving keys inside cars after his multi-million-dollar Chiron was …
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US economy posts strong growth, inflation stubbornly high in challenge to Trump
Oct 29 2026
The United States posted strong economic growth in the third quarter, but the Fed's preferred inflation gauge also …
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French court rules Meta must negotiate over rights payments
Oct 29 2026
A French appeals court rejected on Thursday an attempt by Meta to overturn an order to negotiate in good faith with …
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Google drags down Wall Street stocks
Oct 29 2026
Wall Street's main stock indices flashed red Thursday as investors dropped shares in the parent company of Google …
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ECB says has tools to calm markets as French debt worries rise
Oct 29 2026
The European Central Bank on Thursday said it had crisis-fighting tools to deal with "disorderly" markets, seeking to …
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IMF says engaging with Iraq on preparing new bailout program
Oct 29 2026
The International Monetary Fund on Thursday said it was engaging with Iraqi authorities as it prepares a new bailout …
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ECB chief Lagarde to step down early, triggering succession race
Oct 29 2026
European Central Bank President Christine Lagarde will step down in February, months before her term ends, officials …
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Tech jitters pull down Wall Street stocks
Oct 29 2026
Wall Street's main stock indices flashed red Thursday as investors dropped shares in the parent company of Google …
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ECB holds rates steady after Lagarde says to quit early
Oct 29 2026
The European Central Bank on Thursday held interest rates steady despite rising inflation fuelled by the Iran war energy …
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Afghanistan opium poppy cultivation surges despite Taliban govt ban: UN
Oct 29 2026
Opium poppy cultivation in Afghanistan more than quadrupled in 2026 despite a Taliban government ban, the United Nations …
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VW says 'no time to lose' to slash costs after 5.8 billion euro loss
Oct 29 2026
German carmaker Volkswagen said Thursday that it needed to redouble cost-cutting efforts after its quarterly loss …
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Stock markets diverge on corporate earnings, tech jitters
Oct 29 2026
Stock markets diverged Thursday as investors weighed a fresh batch of corporate earnings against growing concerns over …
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Oil majors reap bumper profits as Mideast war drives prices
Oct 29 2026
Oil and gas giants Shell and TotalEnergies on Thursday reported soaring quarterly net profits as the Middle East war …
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Christine Lagarde: unifying ECB chief in turbulent times
Oct 29 2026
Christine Lagarde, who will step down in February 2027 as president of the European Central Bank, has been seen as a …
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ECB President Christine Lagarde to step down in February 2027
Oct 29 2026
European Central Bank President Christine Lagarde will step down in February 2027, months before her term expires in …
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Asian stock markets fluctuate after mixed tech results
Oct 29 2026
Tech firms diverged on Thursday with a mixed bag of results for some of the AI sector's big beasts tempering the recent …
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TotalEnergies profit hits record on high oil prices
Oct 29 2026
French oil and gas giant TotalEnergies said Thursday that its net profit hit a new record in the third quarter as the …
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Samsung logs record quarterly profits despite investor AI jitters
Oct 29 2026
Massive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but …
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Putin hails Elon Musk as 'truly a genius'
Oct 29 2026
US tech tycoon Elon Musk is "truly a genius" for deploying thousands of satellites into orbit, President Vladimir Putin …
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Microsoft beats expectations fueled by Azure cloud business
Oct 28 2026
Microsoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and …
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Shares in Google owner Alphabet plummet on profit miss, ad slowdown
Oct 28 2026
Shares in Google parent Alphabet fell more than 10 percent in after-hours trading Wednesday as the company reported …
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Shares in Google owner Alphabet sink on profit miss, ad slowdown
Oct 28 2026
Shares in Google parent Alphabet fell more than seven percent in after-hours trading Wednesday as the company reported …
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US stocks eye big tech earnings as Fed holds rates steady
Oct 28 2026
Wall Street stocks finished higher Wednesday after a choppy session, digesting a status quo Federal Reserve decision as …
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US Fed holds interest rates steady despite 'too high' inflation
Oct 28 2026
The US Federal Reserve on Wednesday held interest rates steady, even as its Chairman Kevin Warsh said inflation remained …
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Airbus aims for record deliveries despite disappointing quarter
Oct 28 2026
European aircraft manufacturer Airbus said Wednesday its third quarter revenues dipped as it finished fewer planes, but …
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US Fed holds interest rates steady despite surging inflation
Oct 28 2026
The US Federal Reserve on Wednesday held interest rates steady, in line with market expectations, days ahead of crucial …
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UK budget lifts bank tax to offset surging energy bills
Oct 28 2026
Britain's Labour government will increase a tax on profits earned by banks to help reduce soaring energy bills for …
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Investors turn cautious ahead of tech results, Fed update on rates
Oct 28 2026
A tech rally ran out of steam on Wednesday as investors turned cautious ahead of the latest batch of earnings results …
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'Cruise for life' strands passengers in Cambodia as operator goes bust
Oct 28 2026
Around 200 passengers who paid to live on a cruise ship while travelling the world were abruptly left in Cambodia after …
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French firm Safran helps build aircraft wings of the future in UK factory
Oct 28 2026
For the French aerospace company Safran the future runs through a century-old factory in Britain where it aims to …
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Canada hikes rates to contain oil price surge caused by Iran war
Oct 28 2026
Canada's central bank raised its key interest rate to 2.5 percent Wednesday, as it tries to prevent an oil price surge …
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World Bank warns of worsening food insecurity as commodity prices soar
Oct 28 2026
The World Bank on Wednesday warned that global commodity prices were set to increase by 23 percent by the end of 2026, …
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Tech optimism lifts stocks ahead of Fed update on rates
Oct 28 2026
Share prices of technology firms surged Wednesday in Asia after blockbuster earnings from the South Korean chip giant SK …
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US Fed expected to hold rates steady ahead of key midterm elections
Oct 28 2026
The US Federal Reserve will announce a decision on setting interest rates on Wednesday, with markets expecting the …
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Denmark mulls banning turbo chickens
Oct 28 2026
Denmark's animal welfare minister said Wednesday that he wants to introduce a ban on the farming of fast-growing "turbo …
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Real Madrid apologise to China over Mbappe comments
Oct 28 2026
Real Madrid apologised to China on Wednesday for Kylian Mbappe's comments poking fun at Mao Zedong, after the star …
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Billionaire Ambani's Jio soars in market debut after India's biggest IPO
Oct 28 2026
Shares in India's Jio Platforms surged nearly 27 percent on its market debut Wednesday, after raising more than $3 …
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'Eat the rich': Indonesians protest against graft, wildfires
Oct 28 2026
Thousands of Indonesians protested in Jakarta and other cities Wednesday against economic hardship, graft and the …
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China says takes Mbappe apology 'seriously' after Mao remark
Oct 28 2026
China said Wednesday it took "seriously" an apology from Real Madrid superstar Kylian Mbappe after comments he made …
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Tech stocks soar as SK hynix adds to rising AI confidence
Oct 28 2026
Technology firms surged in Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism …
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AI chip giant SK hynix posts seven-fold surge in quarterly operating profit
Oct 28 2026
South Korean chip giant SK hynix on Wednesday reported a 632 percent surge in third-quarter operating profit, fuelled by …
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Two hundred 'Cruise for life' passengers stranded in Cambodia
Oct 28 2026
Around 200 passengers who paid to live on a cruise ship while travelling the world were abruptly left in a Cambodian …
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S.African activists push back on data centre rush
Oct 28 2026
A little boy balanced a large bottle of water on his shoulder as he returned from a communal tap near land acquired by a …
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Mbappe furore rages on in China, but Mao comments censored
Oct 28 2026
Kylian Mbappe struggled to dissipate anger on Chinese social media on Wednesday despite apologising for his comments on …
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Billionaire Ambani's Jio jumps 21% in market debut after record India IPO
Oct 28 2026
Shares in India's Jio Platforms surged more than 21 percent on its market debut Wednesday, after raising more than $3 …
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Anthropic's record IPO faces some big questions
Oct 28 2026
No startup has ever grown so fast. In five years, Anthropic has become an AI giant valued at $1 trillion, and it is now …
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Billionaire Ambani's Jio to debut after record India IPO
Oct 28 2026
India's Jio Platforms makes its stock market debut on Wednesday after a record-breaking IPO, capping billionaire owner …
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UK set for cautious budget as borrowing costs climb
Oct 28 2026
Britain's finance minister John Healey will unveil his first budget Wednesday, as he juggles commitments to defence …
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Meta, Snap head to trial in another case about social media's harms
Oct 28 2026
Jury selection is expected to begin on Wednesday in Los Angeles for another landmark trial about the alleged harms of …
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Tuvalu has 'limited' power to halt its fossil fuel investments: NZ govt papers seen by AFP
Oct 28 2026
A low-lying Pacific nation urging drastic climate action has "limited ability" to halt its own government investments in …
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Trump drastically loosens oil and gas methane rules
Oct 28 2026
US President Donald Trump announced Tuesday a sweeping rollback of rules that stop oil and gas producers from emitting …
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AI chip giant SK hynix says quarterly operating profit soars 630%
Oct 28 2026
South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely …
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'Faerie' nights: 'ACOTAR' fans finally get their book
Oct 27 2026
Thousands of costumed fans lined up for Tuesday's release of the sixth novel in Sarah J. Maas's hit "A Court of Thorns …
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Boeing shares tumble after it releases cautious growth forecast
Oct 27 2026
Boeing shares plunged Tuesday as the company's cautious production growth timeframe surprised Wall Street, deepening …
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Tech firms gain ahead of Fed decision, results from AI giants
Oct 27 2026
Wall Street stocks rose for a second straight session Tuesday behind renewed enthusiasm for artificial …
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Trump set to drastically loosen oil and gas sector's methane rules
Oct 27 2026
President Donald Trump is set to announce Tuesday a sweeping rollback of rules that stop oil and gas producers from …
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Storied Paris department store seeks bankruptcy protection
Oct 27 2026
Paris department store BHV Marais, which courted controversy last year with a partnership with Asian fast-fashion giant …
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Mercedes-Benz cuts 2026 profit outlook on tough China market
Oct 27 2026
Mercedes-Benz on Tuesday became the third big German carmaker to cut its outlook for the year on tough conditions in …
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Lula's re-election revives Brazil-US tensions
Oct 27 2026
US President Donald Trump risks further straining an already tense relationship with Brazil after he branded elections …
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Tech firms gain on Anthropic IPO optimism; HSBC slumps in London
Oct 27 2026
Tech firms rose Tuesday for a second day as AI titan Anthropic's IPO filing revived optimism over the sector.
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Boeing releases cautious growth plan as shares fall sharply
Oct 27 2026
Boeing shares slumped around nine percent Tuesday as the company's cautious production growth timeframe surprised Wall …
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Boeing reports smaller loss as it aims for stable output growth
Oct 27 2026
Boeing on Tuesday reported a smaller quarterly loss compared with the same period last year -- when plane certification …
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Dangote, Nigeria's oil tycoon rewriting Africa's story
Oct 27 2026
After going from hawking sweets to his primary schoolmates to becoming Africa's richest man, Nigerian billionaire Aliko …
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Tech firms track Wall St rally on mixed day for stock markets
Oct 27 2026
Tech firms rallied Tuesday following a healthy run-up on Wall Street as traders welcomed AI titan Anthropic's IPO filing …
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Norway media take legal action to block Meta from using content
Oct 27 2026
Norway's main media organisations said Tuesday they had taken legal action to block Meta from enforcing new user terms …
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HSBC profit jumps on higher rates, lower costs
Oct 27 2026
HSBC profits jumped in the third quarter thanks to higher interest rates and lower costs, the bank giant said Tuesday, …
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Germany, EU, stable investment stops despite upheaval: Merz
Oct 27 2026
Europe remained a stable destination for investment despite political turbulence at home and elsewhere, German …
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Tech firms track Wall St rally on mixed day for Asian markets
Oct 27 2026
Tech firms rallied Tuesday following a healthy run-up on Wall Street as traders welcomed AI titan Anthropic's IPO filing …
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South Korea's chip boom fuels forecast-beating third-quarter growth
Oct 27 2026
South Korea's economy grew more than three times faster than expected in the third quarter, driven by booming …
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NBA inks deal with Kalshi and Polymarket, citing safeguards
Oct 27 2026
The NBA on Monday announced commercial partnerships with Kalshi and Polymarket that the basketball league said will help …
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