Business and Economy
Five things to know about Chinese AI startup DeepSeek
AFP - 43m ago
As DeepSeek releases its first major new artificial intelligence model in over a year -- DeepSeek-V4 -- here are five …
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Possible Trump rescue of Spirit Airlines spurs debate
AFP - 48m ago
Bargain US carrier Spirit Airlines, which filed for bankruptcy in 2025 for the second time in a year, could be spared by …
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China's DeepSeek says releases long-awaited new AI model
Apr 24 2026
Chinese startup DeepSeek released a new artificial intelligence model with "drastically reduced" costs Friday, more than …
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US soldier allegedly bet on Maduro operation using intel
Apr 24 2026
A US soldier faces charges for using classified information to bet on online prediction markets related to the US …
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Oil extends gains, stocks sink as peace talk hopes fade
Apr 24 2026
Oil prices extended gains Friday and stocks struggled as investors worried about a lack of progress in ending the Middle …
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'Stigmatized' or 'sustainable'? Vintage sales boost sees fur return
Apr 24 2026
Laura Jacobs thought she'd never wear animal fur, having witnessed years of protests over its use in clothing -- until …
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YouTube offers deepfake detection to Hollywood
Apr 24 2026
YouTube is offering Hollywood celebrities and entertainers a free detection tool to help combat their deepfakes, …
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Chinese EVs geared up to dominate world's biggest auto show
Apr 24 2026
The world's biggest car show opens Friday in Beijing, with hundreds of thousands of auto fans expected to descend on the …
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Meta plans 10% layoffs as AI spending soars: source
AFP - 6h ago
Meta plans to cut a tenth of its workforce, looking for productivity gains from its remaining workers as it invests …
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Trump says US in no rush but 'clock is ticking' for Iran
AFP - 4h ago
President Donald Trump said Thursday the United States is in no rush to end the war with Iran but "the clock is ticking" …
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Intel earnings signal recovery at US chip maker
AFP - 8h ago
Shares in Intel soared on Thursday after it smashed quarterly earnings expectations in what could be a sign that the US …
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Stocks mostly fall as US-Iran peace talks stall and oil prices rise
AFP - 7h ago
Global stocks mostly fell Thursday, retreating after recent gains as investors tempered their enthusiasm for a quick end …
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Canada not as reliant on US economy as some think: Carney
AFP - 12h ago
There is a "misimpression" about the extent of Canada's economic reliance on the United States, Prime Minister Mark …
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Stocks waver, oil up as US-Iran peace talks stall
AFP - 4h ago
Stock prices were broadly lower Thursday, retreating after recent gains as investors tempered their enthusiasm for a …
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Warner Bros. Discovery shareholders back sale to Paramount Skydance
AFP - 14h ago
Warner Bros. Discovery on Thursday said shareholders approved its sale to Paramount Skydance, giving a green light to a …
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Portugal picks Air France-KLM and Lufthansa to make offers for TAP
AFP - 10h ago
Portugal on Thursday asked Air France-KLM and Germany's Lufthansa to make binding offers to buy a controlling stake in …
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Africa faces 86 mn tonne fuel shortfall by 2040: report
AFP - 10h ago
The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for an 86 million tonne fuel …
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Stocks retreat as US-Iran peace talks stall
AFP - 1h ago
Stock prices fell across the board Thursday from their recent highs as investors tempered enthusiasm for a quick end to …
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Amsterdam airport offers airline discounts over fuel costs
AFP - 12h ago
Amsterdam's Schiphol Airport said Thursday it would offer airlines a 10-percent discount on airport charges due to the …
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LVMH's Arnault says to talk of retirement in '7-8 years'
AFP - 12h ago
Bernard Arnault, chief executive of the world's biggest luxury conglomerate LVMH, brushed off speculation of his …
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Nestle sales slump under strong franc but volumes recover
AFP - 7h ago
Nestle, the food giant whose brands include Nespresso coffee and Perrier water, saw first-quarter sales figures slump …
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Oil prices jump, stocks retreat as US-Iran peace talks stall
AFP - 1h ago
Oil prices and the dollar jumped Thursday while most equity markets slid as the United States and Iran appeared no …
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Lufthansa loses fight over bailout at EU top court
AFP - 10h ago
German airline giant Lufthansa Thursday lost a legal battle over a six-billion-euro ($7-billion) pandemic-era government …
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Africa faces 86 mn tonne fuel shortfall by 2040: AFC
AFP - 3h ago
The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for a 86 million tonne fuel shortfall …
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Iran economy looks set to withstand US naval blockade
AFP - 4h ago
A US naval blockade of Iranian ports is likely to squeeze Iran's oil output in the coming weeks but claims it will throw …
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EssilorLuxottica sales slide as investors turn wary of AI glasses
AFP - 14h ago
Shares in EssilorLuxottica, the world's top maker of eyeglasses, slid on Thursday as analysts said investors have turned …
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Eurozone business activity falls on Mideast war
AFP - 10h ago
Business activity in the eurozone contracted for the first time in 16 months in April, as the war in the Middle East …
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Electric vehicles supercharge EU car sales
AFP - 8h ago
Sales of new cars jumped last month in the European Union as consumers turned to electric vehicles as petrol prices …
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Stocks sink and oil rises with Iran, US no closer to peace talks
AFP - 3h ago
Equities fell and oil prices rose Thursday as the United States and Iran appeared no closer to holding fresh peace talks …
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South Korea e-commerce probe opens rift in US ties
AFP - 7h ago
South Korea pushed back on Thursday against criticism of its business environment by US lawmakers, as a rare spat …
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South Korea's Samsung workers rally in thousands as strike looms
AFP - 6h ago
Tens of thousands of Samsung Electronics workers rallied in South Korea on Thursday to demand higher pay and bonuses, as …
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France must avoid becoming 'hostage' on critical minerals: trade minister
AFP - 5h ago
France and "like-minded countries" must work together to avoid becoming "hostages" on critical minerals used in …
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Chip giant SK hynix posts record quarterly profit on AI boom
AFP - 7h ago
Chip giant SK hynix said Thursday that net profit soared almost 400 percent to a record high in the first quarter thanks …
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Sellers in China trade hub seek tariff reprieve from Trump visit
AFP - 6h ago
Labourers sweated as they wheeled bags of clothes, shoes and accessories to a sprawling wholesale market in southern …
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Top Peru ministers quit in protest over stalled US fighter jet deal
AFP - 9h ago
Peru's foreign and defense ministers resigned on Wednesday in protest over the interim president's decision to stall a …
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Tesla reports higher profits, confirms hefty spending ahead
Apr 22 2026
Tesla reported higher first-quarter profits Wednesday, topping expectations as it confirmed plans for massive additional …
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War in the Middle East: latest developments
Apr 22 2026
The latest developments in the Middle East war:
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Tesla reports higher profits, topping estimates
Apr 22 2026
Tesla reported higher first-quarter profits Wednesday, pointing to recovering demand in North America as it pursues …
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US stocks rise, shrugging off uncertain ceasefire prospects while oil prices jump
Apr 22 2026
Oil prices climbed Wednesday while stocks were mixed as Iranian officials refused to reopen the Strait of Hormuz after …
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US doesn't dictate terms of trade talks: Carney
Apr 22 2026
The United States does not get to dictate the terms of upcoming trade talks, Canadian Prime Minister Mark Carney said …
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Three ships targeted in Hormuz, Iran seizes two: monitors, Guards
Apr 22 2026
Iranian forces targeted three container ships on Wednesday, seizing two, global security monitors and the country's …
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Mideast war weighs on parent of Durex condoms
Apr 22 2026
Reckitt Benckiser, the British supplier of health and hygiene products including Durex condoms, said Wednesday that …
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Shifting goals blur picture of US blockade on Iran
Apr 22 2026
The United States has vowed to blockade Iran's ships until the country makes a deal to end their war. But is the …
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Just a little late: Frankfurt celebrates new airport terminal
Apr 22 2026
Frankfurt airport opened a new terminal on Wednesday, just a few years late and a billion euros over budget, with …
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US Treasury chief defends pivot to extend Russia oil sanctions relief
Apr 22 2026
US Treasury Secretary Scott Bessent on Wednesday defended the Trump administration's recent about-face to temporarily …
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Germany halves 2026 growth forecast on Iran war fallout
Apr 22 2026
The German government Wednesday halved its 2026 growth forecast due to the Middle East war energy shock, while vowing to …
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South Africa coal delay could cause 32,000 deaths, report says
Apr 22 2026
South Africa risks thousands of premature deaths if the phase-out of coal plants is delayed due to the government's …
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Russia says will halt flow of Kazakh oil to Germany
Apr 22 2026
Russia confirmed Wednesday it will halt the pipeline flow of Kazakh oil to Germany next month, citing technical reasons, …
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Thousands of London commuters walk to work in underground strike
Apr 22 2026
Workers streamed into the British capital by foot, bike and bus Wednesday as strike action on the London Underground …
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Boeing reports narrowing loss, points to progress on turnaround
Apr 22 2026
Boeing reported a small quarterly loss Wednesday following an uptick in commercial plane deliveries as the aerospace …
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Oil up, stocks mixed on uncertain prospects for US-Iran ceasefire
Apr 22 2026
Oil prices edged higher Wednesday while stocks were mixed after US President Donald Trump announced the extension of a …
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Vietnam, South Korea sign deals on tech, nuclear power
Apr 22 2026
Vietnam's top leader To Lam hosted South Korean President Lee Jae Myung in Hanoi on Wednesday, announcing a dozen …
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Chinese EVs look to sideline foreign brands at Beijing auto show
Apr 22 2026
The world's biggest auto show opens in Beijing on Friday, as Chinese manufacturers solidify their status as industry …
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Russia to block flow of Kazakh oil to German refinery, Berlin says
Apr 22 2026
Germany has learned that Russia plans to halt the flow of Kazakh oil through the Druzhba pipeline to a refinery in …
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Iran says seized two ships seeking to cross Strait of Hormuz
Apr 22 2026
Iran's Revolutionary Guards said Wednesday their naval forces had seized two container ships seeking to cross the …
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Oil prices rise despite US-Iran ceasefire extension
Apr 22 2026
Oil prices edged higher Wednesday while Europe's main stock markets eased on uncertainty surrounding the prospect of …
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Ships attacked in Gulf as Trump extends Iran ceasefire
Apr 22 2026
Iranian gunboats attacked at least one container ship in the Strait of Hormuz on Wednesday, maritime agencies said, …
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Germany set to slash growth forecast due to Mideast war
Apr 22 2026
The German government on Wednesday is expected to cut its growth forecast for this year as the energy shock triggered by …
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Oil falls, stocks mixed as traders weigh outlook after Trump extends truce
Apr 22 2026
Oil prices fell and stocks were mixed Wednesday as investors assess the chances of US-Iran peace talks after Donald …
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UK inflation jumps as Mideast war propels energy prices
Apr 22 2026
Britain's annual inflation rate jumped to 3.3 percent in March as the Middle East war sent oil and gas prices surging, …
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Oil, stocks mixed as traders weigh outlook after Trump extends truce
Apr 22 2026
Oil prices fell and stocks were mixed Wednesday as investors assess the chances of US-Iran peace talks after Donald …
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Anthropic probes unauthorized access to Mythos AI model
Apr 22 2026
American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model …
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Chinese carmakers aim to build up presence in Europe
Apr 22 2026
Chinese carmakers have quickly built up their presence in the lucrative European auto market, buoyed by technological …
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Young Chinese use AI to launch one-person firms over job anxiety
Apr 22 2026
Young Chinese, many who fear age discrimination in their workplace after turning 35, are increasingly starting …
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Delicate extraction: Malaysia offers rare earths alternative to China
Apr 22 2026
Workers load tonnes of rare earth minerals into bags ready for shipping at a refinery in eastern Malaysia, fuelling the …
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Oil, stocks fall as traders weigh outlook after Trump extends truce
Apr 22 2026
Oil prices fell along with stocks Wednesday as investors assess the chances of US-Iran peace talks after Donald Trump …
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AI-powered robots offer new hope to German factories
Apr 22 2026
A blue-eyed humanoid robot carefully opens a box and places a tool inside as a crowd of visitors watch the demonstration …
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Indonesia orangutan forest cleared for 'carbon-neutral' packaging firm
Apr 22 2026
Vast tracts of Indonesian rainforest home to endangered orangutans have been cleared for plantations supplying a maker …
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Questions about Tesla spending binge ahead of earnings
Apr 22 2026
Questions about Tesla's progress towards achieving fully autonomous driving at scale are expected to figure prominently …
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SpaceX partners with AI startup Cursor, may buy it for $60 bn
Apr 22 2026
SpaceX on Tuesday announced a partnership with AI coding company Cursor and said the alliance comes with an option to …
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John Ternus to lead Apple in the age of AI
Apr 21 2026
The future of Apple is being entrusted to a company veteran said to combine hardware brilliance with "the soul of an …
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Kevin Warsh, a former Fed 'hawk' now in tune with Trump
Apr 21 2026
Kevin Warsh, Donald Trump's choice to lead the US central bank, was once an inflation foe but has since made the case …
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Strait of Hormuz blockade drives up costs at Panama Canal
Apr 21 2026
The war in the Middle East has boosted demand to move vital cargo through the Panama Canal to such an extent that one …
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Stocks fall, oil climbs amid uncertainty over US-Iran talks
Apr 21 2026
Oil prices climbed and stocks slid Tuesday as uncertainty reigned over US-Iranian peace talks resuming, and the …
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US Fed chair nominee says will not be controlled by Trump
Apr 21 2026
Donald Trump's choice to lead the US Federal Reserve, Kevin Warsh, stressed Tuesday that he would not be controlled by …
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Chery wants to make small electric car in Europe
Apr 21 2026
Chinese carmaker Chery said Tuesday it wants to manufacture a small electric vehicle in Europe for the European market.
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Singapore's Tang gets second term at UN's patent agency
Apr 21 2026
Singapore's Daren Tang was reappointed Tuesday for a second six-year term in charge of the United Nations' patent and …
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US Fed chair nominee says he will not be controlled by Trump
Apr 21 2026
Donald Trump's choice to lead the US Federal Reserve, Kevin Warsh, stressed Tuesday that he would not be controlled by …
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Stocks slip, oil climbs as US-Iran truce expiry looms
Apr 21 2026
Oil prices climbed and stocks slid Tuesday as uncertainty reigned over US-Iranian peace talks resuming and the …
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In Portugal, Lula urges return to multilateralism
Apr 21 2026
Brazilian President Luiz Inacio Lula da Silva on Tuesday championed trade multilateralism, saying Brazil seeks …
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US official says gas prices have peaked despite Iran war
Apr 21 2026
US Energy Secretary Chris Wright said Tuesday that gasoline prices appeared to have peaked after a surge linked to the …
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Trump's Fed chair pick vows to safeguard independence at confirmation hearing
Apr 21 2026
Kevin Warsh, Donald Trump's choice to lead the US Federal Reserve, vowed Tuesday to protect central bank independence at …
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Trump says Iran violated truce as doubt surrounds peace talks
Apr 21 2026
US President Donald Trump on Tuesday accused Iran of having repeatedly violated a temporary truce due to expire soon, …
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Oil and stocks steady as US-Iran truce expiry looms
Apr 21 2026
Oil prices dipped and stocks mostly edged higher Tuesday as investors held out hope that despite conflictual rhetoric …
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Apple's Tim Cook to step down as CEO after 15-year run
Apr 21 2026
Apple's Tim Cook will step down as the California tech giant's chief executive this year, handing the top job to a …
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Bangladesh fuel crunch forces hours-long wait at the pump
Apr 21 2026
Day and night, drivers queue for hours for the chance to refill fuel tanks, as import-dependent Bangladesh grapples with …
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German investor morale lowest in over 3 years on Iran war fallout
Apr 21 2026
German investor morale slid to its lowest level in over three years in April, a survey showed Tuesday, as the Middle …
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FedEx faces French 'genocide' complaint over Israel cargoes
Apr 21 2026
American logistics giant FedEx has been targeted in France by a legal complaint alleging "complicity in the crime of …
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No Iran delegation sent to US talks yet as truce expiry nears
Apr 21 2026
Iran said Tuesday it has not yet sent a delegation for new peace talks with the United States, as the temporary …
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Russia, North Korea connect road bridge ahead of summer opening
Apr 21 2026
Russia and North Korea held a ceremony Tuesday to mark the joining of the first road bridge connecting the countries, …
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'Strangled': Pakistan faces economic imperative in Iran war peace push
Apr 21 2026
Sheikh Nadeem sat on a plastic chair outside his bedding store in the Pakistani capital Islamabad, scrolling through his …
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Oil prices dip, stocks rise on lingering Iran peace hopes
Apr 21 2026
Oil prices fell on Tuesday while stocks rose on lingering hopes for a deal to end the US-Iran war and reopen the Strait …
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Turkey arrests 110 coal miners on hunger strike
Apr 21 2026
One hundred and ten Turkish coal miners who had marched 200 kilometres (125 miles) to stage a hunger strike for their …
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Associated British Foods to spin off Primark clothes brand
Apr 21 2026
Associated British Foods announced Tuesday that it would spin off its budget fashion chain Primark, splitting up one of …
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Hello Kitty's parent company to make own video games
Apr 21 2026
Seeking new fans for Hello Kitty, the company behind the enigmatic character on Tuesday launched a video games division …
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Turkmenistan, the gas giant increasingly dependent on China
Apr 21 2026
In the desert expanse of Turkmenistan, Chinese engineers are hard at work at the vast Galkynysh gas field -- a mega …
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Chinese AI circuit board maker soars on Hong Kong debut
Apr 21 2026
Shares in a Chinese tech firm that supplies US chip titan Nvidia soared almost 60 percent on its Hong Kong debut …
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Oil prices dip, most stocks rise on lingering Iran peace hopes
Apr 21 2026
Oil prices fell on Tuesday while most stocks rose on lingering hopes for a deal to end the US-Iran war and reopen the …
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Tim Cook's time as Apple chief marked by profit absent awe
Apr 21 2026
An Alabama-born engineer seen as a supply-chain savant, Tim Cook took on the daunting challenge of succeeding Apple's …
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Trump's Fed chair pick to face lawmakers at key confirmation hearing
Apr 21 2026
Kevin Warsh, US President Donald Trump's choice to lead the Federal Reserve, will vow to protect central bank …
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Amazon invests another $5 bn in Anthropic
Apr 21 2026
Amazon on Monday said it pumped another $5 billion into Anthropic as it ramps up its collaboration with the startup …
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Apple's Tim Cook to step down as CEO in September
Apr 20 2026
Apple on Monday announced that Tim Cook will step down as the tech giant's chief executive officer in September, handing …
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