Business and Economy
Democratic-led US states sue in latest challenge to Trump's tariffs
AFP - 16m ago
Twenty-five US states, nearly all led by Democrats, sued Donald Trump's administration on Monday over wide-ranging …
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US regulators grant long-awaited Boeing 737 MAX 7 certificate
AFP - 26m ago
More than eight years after Boeing organized the maiden flight of the 737 MAX 7, US authorities announced Monday that …
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Dow hits fresh record as oil prices tumble
AFP - 1h ago
Oil prices slumped and stocks mostly rose Monday after US President Donald Trump insisted negotiations with Iran were …
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'Spider-Man' breaks record for domestic box office debut
AFP - 3h ago
"Spider-Man: Brand New Day" had the biggest debut weekend of all time at the domestic box office, updated figures for …
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Key dates for the Boeing 737 MAX
AFP - 3h ago
A significant factor in Boeing's lengthy slump of recent years, the 737 MAX is now at the center of the aviation giant's …
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Cuba slowly regains power after latest nationwide blackout
AFP - 5h ago
Cuba on Monday began gradually restoring power after suffering another nationwide blackout, the sixth since the year …
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Oil slides, stocks rise on hopes of deal to end Mideast war
AFP - 4h ago
Oil prices slumped and stocks mostly rose Monday after US President Donald Trump insisted preparations were made for new …
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Sandoz strikes US settlements to resolve generic drug price dispute
AFP - 7h ago
Swiss pharmaceutical group Sandoz on Monday announced two amicable settlements in the United States, totalling $478.5 …
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Oil prices slide on hopes of deal to end Mideast war
AFP - 1h ago
Oil prices tumbled Monday after US President Donald Trump said he was preparing for new talks with Iran aimed at ending …
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Four Al-Fayed survivors told they were trafficking victims
AFP - 10h ago
Four women who allege abuse by late Harrods owner Mohamed Al-Fayed were confirmed as victims of human trafficking by the …
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Oil prices sink on Iran hopes, yen gains after joint intervention
AFP - 3h ago
Oil prices tumbled on Monday as Donald Trump said fresh talks with Iran will begin later in the day, while the yen …
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US, Japan join forces to boost yen
AFP - 14h ago
Japan and the United States said Monday they were ready to act again following their first joint action in 28 years to …
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Cuba state energy firm reports new nationwide blackout
AFP - 11h ago
Cuba's power grid failed Sunday, causing another nationwide blackout, a state utility said in a social media post.
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Oil prices sink on Middle East hopes, yen extends gains after joint intervention
AFP - 4h ago
Oil prices tumbled Monday as Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended …
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US, Japan support yen with first joint intervention since 2011
AFP - 4h ago
Japan and the United States said Monday they were ready to act again following their first joint action in 28 years to …
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Trump says US support for Japanese yen a 'signal of friendship'
Aug 02 2026
President Donald Trump on Sunday confirmed that the United States had intervened jointly with Japan to support the yen, …
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Trump says new Iran talks set to start after calling off massive attack
Aug 02 2026
US President Donald Trump said that new negotiations with Iran will begin Monday after he decided to hold off on …
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Iran says close to Hormuz deal with Oman, after US suspends attack plan
Aug 02 2026
Iran on Sunday said it was nearing a deal with Oman over a new route through the Strait of Hormuz, hours after the US …
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OPEC+ boosts September production by 188,000 barrels/day
Aug 02 2026
Saudi Arabia, Russia and five other key members of OPEC+ agreed in an online meeting Sunday to boost oil production by …
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When rogue AI launches a cyberattack, who is legally responsible?
Aug 02 2026
Cyberattacks carried out by two OpenAI artificial intelligence models acting autonomously raise a novel legal question: …
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Trump says US, Israel to hold off on Iran strikes
Aug 02 2026
President Donald Trump said Saturday that the United States and Israel had agreed to hold off on new strikes on Iran -- …
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Baltics transform from Soviet stagnation to startup hubs
Aug 02 2026
Stepping into the newly renovated Vilnius airport, visitors are greeted with a slew of billboards advertising products …
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AI keeps consumer prices high in 'RAMaggedon' chip crunch
Aug 02 2026
Print-outs of articles about the global memory chip shortage are pinned beside a price list at a Hong Kong computer …
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Baltic startups take aim at deterring Russia on NATO's eastern flank
Aug 02 2026
When Russia launched its full-scale invasion of Ukraine, Rapolas Markevicius was managing a private equity fund in …
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OPEC+ tipped to raise production again but new quotas loom
Aug 02 2026
Saudi Arabia, Russia and five other members of OPEC+ are expected to raise their oil production quotas for September …
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Egypt captains recount scramble to stop disaster after drone strike
Aug 01 2026
Marine officers who battled fires aboard two gas vessels struck in a drone attack on Egypt's port of Damietta feared the …
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US Fed dissenters call for rate hikes over sustained inflation
Jul 31 2026
All three US Federal Reserve policymakers who dissented from the central bank's decision to keep interest rates steady …
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Amazon surges as US stocks shrug off bond yield worries
Jul 31 2026
Wall Street stocks charged higher Friday behind strong earnings from Amazon that offset the drag from higher US Treasury …
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Oil giants report blowout profits on war, warn high gas prices could persist
Jul 31 2026
US petroleum giants ExxonMobil and Chevron released blowout profits Friday due to the Middle East war, as executives …
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Tech-fuelled rally fizzles as oil prices rise
Jul 31 2026
Asian stock markets rallied Friday, led by a record surge of almost 18 percent for Seoul as technology firms performed a …
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French, Italian winegrowers face earliest ever harvest
Jul 31 2026
Scorching summer temperatures have disrupted life for millions of Europeans but for winegrowers in Italy and France, who …
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Stock markets rally on tech rebound
Jul 31 2026
Global stock markets rallied Friday, led by a record surge of almost 18 percent for Seoul as technology firms performed …
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New York sues online prediction markets giant Kalshi
Jul 31 2026
New York's attorney general sued betting platform Kalshi on Friday, accusing it of running an illegal gambling operation …
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Commerzbank agrees to talks with UniCredit after two-year standoff
Jul 31 2026
Commerzbank CEO Bettina Orlopp has called for the opening of talks with UniCredit regarding the German bank's future, …
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Profits surge at US oil giant amid Iran war supply shock
Jul 31 2026
US petroleum giants ExxonMobil and Chevron released blowout profits Friday, reflecting a major lift in business …
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Wildberries: 'Russia's Amazon' targeted by Ukraine
Jul 31 2026
Ukraine has hit the warehouses of Russia's largest online retailer Wildberries around a dozen times since mid-July, …
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BP seeks to sell North Sea business as UK faces drilling dilemma
Jul 31 2026
BP has launched moves to sell its North Sea business, the British oil and gas giant announced Friday, as new Prime …
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Tech rebound fuels record-breaking rally in South Korean stocks
Jul 31 2026
South Korean stocks soared a record 17.9 percent on Friday as Asian tech firms performed a blistering recovery from an …
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British oil giant BP aims to sell North Sea business
Jul 31 2026
BP has launched moves to sell its North Sea business, the British oil and gas giant announced Friday, as new Prime …
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Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
Jul 31 2026
Ferocious AI-driven demand delivered quarterly net profit more than 45 times higher than last year's figure for Japanese …
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Sony hikes profit outlook on strong gaming earnings
Jul 31 2026
Sony hiked its profit forecasts for the current year on Friday, helped by the Japanese consumer electronics giant's …
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FIFA vows to go ahead with private investor proposal
Jul 31 2026
World football's governing body FIFA vowed on Friday to press ahead with an "open and democratic" consultation on a …
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US eyes European gas dominance through Balkans
Jul 31 2026
As Europe weans itself off Russian energy, Washington is fast emerging as its largest gas supplier, with experts …
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Greek visa scheme gives Turks easier entry to islands in EU
Jul 31 2026
For Ikra Altumsek, and many other Turkish tourists, a visa-on-arrival scheme to visit several of Greece's Aegean islands …
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China factory activity slides as leaders seek spending boost
Jul 31 2026
China's factory activity unexpectedly slid in July, official data showed Friday, as leaders in the world's …
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Cables and cooling bring AI windfall to Indian suppliers
Jul 31 2026
At a bustling factory in western India, technicians work around the clock to turn glass into hair-thin fibre-optic …
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Oil industry sees war windfall but girds for political blowback
Jul 31 2026
US oil giants are set to report blowout profits Friday at a time when lofty gasoline prices are stressing consumers and …
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Amazon beats expectations with cloud and AI growth
Jul 30 2026
Amazon beat analysts' expectations on Thursday when it reported growth in overall revenue and sales, particularly in its …
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Apple tops estimates in CEO Cook's final quarter, but shares fall
Jul 30 2026
Apple beat market expectations in its latest results on Thursday, capping Tim Cook's final earnings report as CEO with a …
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Blowout Microsoft results lift US stocks as oil retreats
Jul 30 2026
Wall Street stocks rebounded Thursday as blowout Microsoft results and moderating oil prices blunted worries about …
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UEFA says will boycott World Cup if FIFA pushes private investor proposal
Jul 30 2026
European football's governing body UEFA said Thursday it would boycott the World Cup if FIFA pressed ahead with its …
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Stocks climb on earnings and rates, oil retreats
Jul 30 2026
Most European and US stock markets advanced Thursday as traders tracked major earnings and central bank updates, while …
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Prada profits pinched as growth hard to chase
Jul 30 2026
Prada said Thursday that its net profit slumped in the first half of this year as it integrates its new brand Versace, …
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US economic growth slows in second quarter, missing expectations
Jul 30 2026
The United States saw slowing growth in the second quarter, the Commerce Department said Thursday, with fallout from …
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Musk plans major Republican midterm spending push: report
Jul 30 2026
Elon Musk, the world's richest person, is preparing a major spending push to help Republicans retain control of Congress …
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Russia adds Telegram founder Durov to 'terrorist' blacklist
Jul 30 2026
Russia on Thursday added Telegram founder Pavel Durov to a blacklist of "terrorists and extremists", a day after saying …
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Stocks diverge on earnings, as oil steadies
Jul 30 2026
Global stock markets diverged Thursday as traders tracked major earnings and central bank updates, while oil prices …
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AI data centre supplier Zhongji InnoLight slips on Hong Kong debut
Jul 30 2026
Shares in Chinese data centre supplier Zhongji InnoLight briefly plunged 10 percent in its Hong Kong debut on Thursday, …
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Eurozone economy grows despite Middle East war
Jul 30 2026
The eurozone economy grew more than expected in the second quarter of 2026, data published Thursday showed, proving its …
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BMW profit down a third as carmaker plans job cuts
Jul 30 2026
Net profit at premium carmaker BMW fell over a third in the second quarter, the firm said Thursday as it prepares to cut …
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Shell profit surges as Mideast war fuels oil prices
Jul 30 2026
British energy giant Shell said Thursday that its net profit tripled to $10.8 billion in the second quarter as the …
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Seoul extends losses as most Asian markets drop, oil rises again
Jul 30 2026
South Korean stocks extended their painful retreat Thursday as a promising start gave way to more blood-letting in the …
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Car maker Stellantis says back in profit in second quarter
Jul 30 2026
Fiat and Jeep maker Stellantis said Thursday it had returned to profit in first quarter of 2026 after a dramatic loss in …
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Stranded boats, out-of-work fishermen as Danube hits record lows
Jul 30 2026
The tourist port in the Romanian town of Corabia, on the banks of the Danube river, is deserted except for a few …
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Nolan's 'Odyssey' boosts sales of mythology tales in UK
Jul 30 2026
Christopher Nolan's adaptation of "The Odyssey" has not only lured legions of fans to cinemas, but sparked huge interest …
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AI data centre supplier Zhongji InnoLight tumbles on Hong Kong debut
Jul 30 2026
Shares in Chinese data centre supplier Zhongji InnoLight tumbled more than nine percent in its Hong Kong debut on …
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Samsung quarterly operating profit up 1,800% on AI boom
Jul 30 2026
South Korean technology giant Samsung Electronics posted on Thursday a massive 19-fold jump in second-quarter operating …
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South Korean stocks bounce after rout, oil holds gains on Mideast woes
Jul 30 2026
South Korean stocks enjoyed a much-needed rally Thursday after a two-day rout as chip giant Samsung reported an …
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AI data centre supplier Zhongji InnoLight falls on Hong Kong debut
Jul 30 2026
Shares in China's Zhongji InnoLight fell in the first few minutes of its Hong Kong debut Thursday, after raising at …
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Samsung operating profit up 1,800% in second quarter on AI boom
Jul 30 2026
South Korean technology giant Samsung Electronics posted on Thursday a massive 19-fold jump in second-quarter operating …
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Crisis-hit Cuba opens pharmacies, gas stations to private firms
Jul 30 2026
Cuba moved to open crisis-ravaged parts of the state-run economy to private firms Wednesday, as the communist government …
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Meta misses profit expectations, sticks to massive AI spending
Jul 29 2026
Facebook-parent Meta reported profits on Wednesday that fell short of Wall Street expectations, as the cost of staying …
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Oil prices surge while US stocks fall as Fed keeps rates unchanged
Jul 29 2026
Wall Street stocks finished sharply lower Wednesday after the Federal Reserve kept interest rates unchanged despite …
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US Fed holds interest rates steady as 'family fight' sees hawks call for hike
Jul 29 2026
The US Federal Reserve held interest rates steady on Wednesday, with Chair Kevin Warsh lauding a "family fight" that saw …
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OpenAI says rogue AI agent attack hit other companies
Jul 29 2026
ChatGPT maker OpenAI has revealed that an autonomous artificial intelligence agent which hacked a popular platform for …
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US Federal Reserve holds rates steady as inflation hawks call for hike
Jul 29 2026
The US Federal Reserve held interest rates steady on Wednesday, with surging inflation fueled by President Donald …
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Russia seeks arrest of Telegram chief Durov
Jul 29 2026
Russia announced on Wednesday that it was seeking the arrest of Telegram founder Pavel Durov over accusations of …
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Campari - king of the spritz - hopes to conquer American heartland
Jul 29 2026
Whether made with Aperol, Campari or Sarti, the spritz has rapidly established itself on terraces across Europe -- with …
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Air France-KLM and Lufthansa bid for Portugal's TAP airline
Jul 29 2026
Both Air France-KLM and Lufthansa said Wednesday they had submitted bids to acquire a controlling stake in TAP Air …
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Profits soar at Airbus as it delivers more planes
Jul 29 2026
Airbus said Wednesday its net profit soared 47 percent in the first half of the year thanks to increased delivery of …
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Tech stocks plunge further but London market hits record high
Jul 29 2026
Global stock markets largely retreated Wednesday, with South Korea's index suffering one of its steepest plunges as …
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Rheinmetall shares surge after armsmaker reports record profit
Jul 29 2026
German armsmaker Rheinmetall on Wednesday reported record profit as the tank gun maker cashes in on Europe's rearmament …
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US Fed expected to hold rates steady as inflation hawks circle
Jul 29 2026
The US Federal Reserve is expected to hold interest rates steady on Wednesday, but with surging inflation fueled by …
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UBS second-quarter net profit up 17% to $2.8 billion
Jul 29 2026
Swiss banking giant UBS reported Wednesday that net profit rose 17 percent to $2.8 billion in the second quarter, driven …
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BMW aims to cut 8,000 jobs by end 2027: company source
Jul 29 2026
Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end …
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South Korean stocks plunge as tech rout deepens, oil rises
Jul 29 2026
South Korean stocks suffered one of their steepest plunges on Wednesday, with the blood-letting that has battered chip …
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South Korean stocks collapse amid Asian tech rout
Jul 29 2026
South Korean stocks suffered one of their steepest plunges on Wednesday, with the blood-letting that has battered chip …
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Hong Kong independent bookstores to close after police raid
Jul 29 2026
A Hong Kong bookshop raided by national security police this month announced on Wednesday that it would close after 50 …
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UBS says second-quarter net profit up 17% to $2.8 billion
Jul 29 2026
Swiss banking giant UBS reported Wednesday that net profit rose 17 percent to $2.8 billion in the second quarter, driven …
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Crude jumps on fresh Mideast flare-up, tech rout deepens
Jul 29 2026
Oil prices spiked Wednesday after a fresh flare-up of fighting in the Middle East that revived fears over supplies …
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SK hynix posts 1,200% net profit boost on AI chip boom
Jul 29 2026
South Korea's SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by …
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France needs more Canadair water bombers but building them is painfully slow
Jul 29 2026
As French firefighters struggle to contain the worst wildfires in living memory with just 12 aerial water bombers, …
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Airbus completes record 24-hour flight with plane to be used by Qantas
Jul 29 2026
A specially modified Airbus A350 plane touched down in France Tuesday after a record 24-hour test flight from Australia, …
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Senate advances sweeping Russia sanctions bill
Jul 29 2026
The US Senate advanced sweeping sanctions legislation targeting Russia's energy revenues Tuesday, as Ukrainian President …
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FIFA says it hopes to sell $4.2bn stake in its tournaments
Jul 29 2026
FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions …
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US government bans humanoid robots manufactured abroad
Jul 29 2026
US President Donald Trump's administration on Tuesday added humanoid and quadruped robots to a list of products and …
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US to loosen environmental safeguards on space industry
Jul 28 2026
The United States on Tuesday said it plans to exempt its private space sector from numerous environmental regulations to …
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Fires in Europe: latest developments
Jul 28 2026
Here are the main developments related to the wildfires raging in Spain and France on Tuesday.
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Spain lets wildfire evacuees return but France fears flames spreading
Jul 28 2026
Spanish residents forced to flee some of the worst wildfires in living memory began returning to their homes on Tuesday …
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Spain allows wildfire evacuees to return but France fears flames spreading
Jul 28 2026
Spanish residents forced to flee some of the worst wildfires in living memory began returning to their homes on Tuesday, …
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AI glasses help propel EssilorLuxottica sales growth
Jul 28 2026
Sales of AI-enabled eyeglasses, which have nearly doubled since last year, helped EssilorLuxottica accelerate …
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Kering sales begin to recover as Gucci improves
Jul 28 2026
Improvement at troubled Italian fashion house Gucci helped sales at Kering edge high in the second quarter, the French …
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