Business and Economy
Danish brewer adds AI 'colleagues' to human team
AFP - 1h ago
They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only exist in the …
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Malawi's debt crisis deepens as aid cuts hurt
AFP - 2h ago
Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink. He had been …
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S. Korea plans extra $4.9 bn help for chips amid US tariff anxiety
AFP - 3h ago
South Korea on Tuesday announced plans to invest almost $5 billion extra in the country's semiconductor industry, citing …
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Xi's Vietnam trip aiming to 'screw' US, says Trump
AFP - 3h ago
China's President Xi Jinping paid tribute to Vietnam's late revolutionary leader Ho Chi Minh on Tuesday, his last day of …
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Meta news ban intensifying Canadians' legacy media break
AFP - 4h ago
As Canada heads into an election this month, voters looking for campaign news on Facebook or Instagram will find …
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Asian stocks mixed as stability returns, autos lifted by exemption hope
AFP - 4h ago
Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto …
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Chinese EV battery giant CATL posts 33% surge in Q1 profit
AFP - 5h ago
The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter …
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US grounds helicopter company behind fatal New York tour
AFP - 2h ago
US regulators on Monday issued an emergency order grounding the helicopter tour company behind last week's deadly crash …
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China's economy likely grew 5.1% in Q1 on export surge: AFP poll
AFP - 5h ago
China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave …
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S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites
AFP - 3h ago
South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, …
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Meta chief Zuckerberg testifies at landmark US antitrust trial
Apr 14 2025
Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US antitrust trial in which his social …
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Argentina's peso sinks after currency controls eased
Apr 14 2025
Argentina's peso slumped more than 11 percent against the US dollar Monday, after Javier Milei's libertarian government …
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LVMH sales dip as Trump tariffs dent luxury tastes
Apr 14 2025
Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US …
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Man charged over Tesla arson as anti-Musk wave sweeps US
Apr 14 2025
A man who allegedly torched two vehicles at a Tesla dealership and painted "Die Elon" on the side of the building has …
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Stocks rise, dollar sags on tech tariff twist
Apr 14 2025
Stock markets rose, gold hit another record high and the dollar remained under pressure as investors grappled with the …
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Goldman Sachs profits rise on strong equity trading results
Apr 14 2025
Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses …
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Nvidia to build supercomputer chips entirely in US for first time
Apr 14 2025
Nvidia on Monday announced plans to build top-end artificial intelligence supercomputer chips entirely in the United …
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Argentine peso depreciates after exchange controls lifted
Apr 14 2025
Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the …
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China warns UK against 'politicising' steel furnaces rescue
Apr 14 2025
Beijing on Monday warned against "politicising" the rescue of Chinese-owned British Steel, as the UK government raced to …
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Xi calls on China, Vietnam to 'oppose unilateral bullying' on regional tour
Apr 14 2025
Chinese leader Xi Jinping on Monday called on his country and Vietnam to "oppose unilateral bullying", Beijing's state …
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Stocks rise on new tariff twist
Apr 14 2025
Stock markets rose, gold hit another record high and the dollar regained some ground Monday as investors grappled with …
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China, Vietnam sign agreements after Xi warns protectionism 'leads nowhere'
Apr 14 2025
China and Vietnam signed dozens of cooperation agreements Monday, strengthening ties between the communist-run countries …
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Trump says no one 'off the hook' on tariffs but markets rise
Apr 14 2025
Stock markets on Monday welcomed US tariff exemptions for electronics, but President Donald Trump signalled the reprieve …
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Stocks rise on tech tariffs respite, gold hits new high
Apr 14 2025
Stock markets rose firmly on Monday after fears over US President Donald Trump's trade war were tempered by tariff …
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UK govt races against time to keep steel furnaces running
Apr 14 2025
Britain's government on Monday raced to secure raw materials to keep the country's last steelmaking blast furnaces …
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Stocks rise on electronics tariffs exemption, gold hits new high
Apr 14 2025
Stocks rose on Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for …
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Meta faces landmark US antitrust trial
Apr 14 2025
Social media juggernaut Meta stands trial on Monday facing serious US government allegations that it abused its market …
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Helicopter company that ran deadly New York tour shuts down
Apr 14 2025
The helicopter tour company behind a crash in New York that killed six people last week is shutting down, US authorities …
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Xi warns protectionism 'leads nowhere' as he arrives in Vietnam
Apr 14 2025
Chinese leader Xi Jinping warned that protectionism "leads nowhere" and that a trade war would have "no winners", state …
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Chinese exports soared in March ahead of Trump's 'Liberation Day'
Apr 14 2025
China said Monday that exports soared more than 12 percent last month, beating expectations as businesses rushed to get …
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China's exports beat forecast in March despite trade war woes
Apr 14 2025
China said Monday that exports soared 12.4 percent year-on-year last month, beating expectations as Beijing navigated …
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Trump tariff rollercoaster complicates ECB rate call
Apr 14 2025
US President Donald Trump's on-and-off tariffs have clouded the picture for European Central Bank policymakers meeting …
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Asian stocks rise on electronics tariffs exemption, gold hits new high
Apr 14 2025
Asian stocks rose Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for …
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Trump warns no country 'off the hook' on tariffs
Apr 14 2025
US President Donald Trump warned Sunday that no country would be "getting off the hook" on tariffs, as his …
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Xi warns protectionism 'leads nowhere' as starts SE Asia tour
Apr 14 2025
Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", …
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Trump advisor Navarro looks to cool spat with Musk
Apr 14 2025
Donald Trump's trade advisor Peter Navarro on Sunday insisted that "everything's fine with Elon" Musk, after the Tesla …
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Trump downplays tariffs walk-back, says no country 'off the hook'
Apr 13 2025
US President Donald Trump warned Sunday that no country would be getting "off the hook" on tariffs despite a 90-day …
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US says tech tariff exemptions may be short-lived
Apr 13 2025
Recent exemptions to sweeping US import tariffs may be short-lived, top officials said Sunday, with Donald Trump warning …
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'Slow travel' start-up launches cross-Channel crossings by sail
Apr 13 2025
The crossing may be "a bit choppy", Captain Andrew Simons warns a dozen of his passengers waiting in the French port of …
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China calls on US to 'completely cancel' reciprocal tariffs
Apr 13 2025
China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced …
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Bulgarian border city hails Schengen tourism boom
Apr 13 2025
There always used to be a long line of traffic waiting to cross the steel truss Danube Bridge over the river between …
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Indonesia palm oil firms eye new markets as US trade war casts shadow
Apr 13 2025
Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect …
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US exempts tech imports in tariff step back
Apr 13 2025
The Trump administration has exempted a raft of consumer electronics from its punishing import tariffs -- offering …
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UK government to take control of British Steel under emergency law
Apr 12 2025
The UK government said it was taking control of Chinese-owned British Steel on Saturday after rushing an emergency law …
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UK passes emergency law to save British Steel
Apr 12 2025
The UK passed an emergency law on Saturday to stop the last British factory that can make steel from scratch shutting …
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UK lawmakers hold emergency debate to save British Steel
Apr 12 2025
UK lawmakers held a rare Saturday parliamentary debate as the government seeks to pass emergency legislation to stop the …
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UK lawmakers begin emergency debate to save British Steel
Apr 12 2025
UK lawmakers held a rare Saturday parliamentary debate as the government seeks to pass emergency legislation to stop the …
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German refinery's plight prompts calls for return of Russian oil
Apr 12 2025
No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because …
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Iraqi markets a haven for pedlars escaping Iran's economic woes
Apr 12 2025
Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a …
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Chinese manufacturers in fighting spirits despite scrapped US orders
Apr 12 2025
On a sweltering spring day, workers at a Christmas tree factory in eastern China rhythmically assembled piles of …
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Argentina receives $42 bn from international financial institutions
Apr 12 2025
Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on …
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Fed official says 'absolutely' ready to intervene in financial markets
Apr 12 2025
The US Federal Reserve is "absolutely" prepared to intervene to help calm nervous financial markets, a senior central …
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Trump defends policy after China hits US with 125% tariffs
Apr 12 2025
President Donald Trump insisted Friday that his tariff policy was "doing really well" despite China hiking levies on US …
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Dollar plunges, stocks wobble over trade war turmoil
Apr 11 2025
Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as …
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Asset flight challenges US safe haven status
Apr 11 2025
The US has long been considered a financial safe haven. The sell-off of the dollar, stocks and Treasury bonds in a spree …
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US senators ask SEC for Trump insider trading probe
Apr 11 2025
A group of US senators on Friday urged the government's markets watchdog to investigate whether President Donald Trump …
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UK parliament recalled to 'protect' British Steel's future
Apr 11 2025
The UK government has recalled parliament this weekend aiming to pass emergency legislation to "take control" of a …
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Canada, US to start trade talks in May: Carney
Apr 11 2025
Canada and the United States will start talks on a new trade deal in early May, Prime Minister Mark Carney said Friday, …
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UN shipping body approves global carbon pricing system
Apr 11 2025
Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb …
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Trump says tariff policy 'doing really well' despite China retaliation
Apr 11 2025
President Donald Trump pledged Friday that his tariff policy is working and will benefit the United States and the …
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African Development Bank chief warns of tariff 'shock wave'
Apr 11 2025
An onslaught of tariffs by the United States will send "shock waves" through African economies, the president of the …
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Jolted by Trump, EU woos new partners from Asia to Latin America
Apr 11 2025
Shaken by Donald Trump's tariff blitz, the EU has embarked on a charm offensive to diversify its alliances in Asia and …
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US Fed officials see higher inflation ahead as consumer confidence plunges
Apr 11 2025
Policymakers at the US Federal Reserve on Friday warned of higher inflation and slower growth ahead due to Donald …
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Trump tariffs unnerve locals in Irish 'pharma' hub
Apr 11 2025
Vast pharmaceutical factories pepper the green landscape in southern Ireland, but the wind turbines next to the plants …
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Dollar slides, stocks diverge as US-China trade war escalates
Apr 11 2025
The dollar tumbled, gold hit a fresh record high and stock markets seesawed Friday as China again retaliated against US …
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UK parliament to be recalled Saturday to discuss British Steel's future
Apr 11 2025
UK lawmakers will be recalled from their Easter break to discuss the future of British Steel in parliament on Saturday, …
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China lifts tariffs on US goods to 125% as trade war escalates
Apr 11 2025
China said Friday it would raise its tariffs on US goods to 125 percent in a further escalation of a trade war that …
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JPMorgan Chase sees 'considerable turbulence' facing economy as profits rise
Apr 11 2025
JPMorgan Chase CEO Jamie Dimon said Friday that US Treasury bonds remained a safe place in an unpredictable world as he …
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Trump's trade whiplash sends dollar into tailspin
Apr 11 2025
The mighty dollar is sliding sharply as President Donald Trump's turbulent trade agenda has battered US credibility in …
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Hope sparkles anew for India's jewellers after US tariff pause
Apr 11 2025
India's gems and jewellery industry is breathing a momentary sigh of relief after US President Donald Trump paused harsh …
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Dollar slides, stocks diverge as China hits back at US tariffs
Apr 11 2025
The dollar tumbled and gold hit a fresh record high on Friday, while stocks diverged as hiked Chinese tariffs on the …
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AGOA: US-Africa trade accord hangs in the balance
Apr 11 2025
The African Growth and Opportunity Act (AGOA), whose future is in doubt since Donald Trump returned to the White House, …
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China slaps 125% tariffs on US goods but to 'ignore' further hikes
Apr 11 2025
China said Friday it would raise tariffs on US goods to 125 percent but would ignore further levies by President Donald …
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Dollar, stocks hit and gold hits record as trade war panic returns
Apr 11 2025
The dollar tumbled with most stocks while gold hit a fresh record high as panic gripped markets again on Friday, while …
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UK's unexpected economic rebound boosts govt amid Trump tariffs
Apr 11 2025
Britain's economy grew far more than expected in February, official data showed Friday, in a rare piece of good news for …
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Xi calls for EU, China to resist Trump trade war 'bullying'
Apr 11 2025
China's President Xi Jinping urged the European Union on Friday to join hands with Beijing in resisting "unilateral …
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Apple’s iPhone 16 hits Indonesia stores after monthslong ban
Apr 11 2025
Smartphone buyers were cheered by shopkeepers in Jakarta on Friday after Apple's latest smartphone went on sale …
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Dollar, stocks hit and gold hits record as Trump tariff panic returns
Apr 11 2025
The dollar tumbled with most stocks while gold hit a fresh record high as panic gripped markets again on Friday after …
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Tesla opens first showroom in oil-rich Saudi
Apr 11 2025
The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich …
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Sweden drowns in discarded fast fashion items
Apr 11 2025
Sweden's recycling centres are overflowing with clothes after an EU-wide ban this year on throwing away textiles, …
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Despite US tariffs pause, southern African economies under threat
Apr 11 2025
Washington's 90-day pause on higher tariffs is of little comfort to southern African economies facing the collapse of a …
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Panama deal allows US to deploy troops to canal
Apr 11 2025
US troops will be able to deploy to a string of bases along the Panama Canal under a joint deal seen by AFP Thursday, a …
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Stocks, dollar hit as Trump admits costs of 'beautiful' trade blitz
Apr 11 2025
Jitters about US tariffs hammered stocks and the dollar again Friday as President Donald Trump acknowledged the costs …
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Stocks, dollar sink and gold hits record as Trump tariff panic returns
Apr 11 2025
Stocks and the dollar tumbled while gold hit a fresh record high as panic gripped markets again Friday after Donald …
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Trump admits trade war 'cost' as markets hit
Apr 11 2025
Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his …
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Despite Trump pause, overall US tariff rate at highest in a century
Apr 11 2025
US President Donald Trump's delay of steeper tariffs may have won brief respite on Wall Street, but analysts say his …
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US auto union praises some Trump tariffs
Apr 11 2025
The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while …
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Wall Street rally fizzles as tariff fears resurface
Apr 10 2025
Wall Street stocks resumed their free fall Thursday while the dollar stumbled as persistent concerns about the economic …
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US-China confrontation overshadows Trump's 'beautiful' trade war
Apr 10 2025
President Donald Trump claimed victory over Europe in the US tariffs war but acknowledged a "cost" to his surging trade …
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Prada to buy Versace for 1.25 bn euros to create new force in Italian fashion
Apr 10 2025
Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new …
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US-China trade war surges, overshadowing Trump climbdown
Apr 10 2025
The US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief …
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OpenAI countersues Musk as feud deepens
Apr 10 2025
Artificial intelligence giant OpenAI has filed counterclaims against multi-billionaire Elon Musk, accusing its former …
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Miuccia Prada's path from activist to top designer
Apr 10 2025
As a student in the volatile May of 1968, Miuccia Prada took to the streets of Milan to demonstrate for women's rights …
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EU halts counter-tariffs but no pause in US-China trade war
Apr 10 2025
The EU paused plans for retaliatory tariffs on US goods Thursday after President Donald Trump abruptly suspended higher …
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US consumer inflation cools in March on falling gas prices
Apr 10 2025
US consumer inflation cooled last month on plunging gas prices, according to government data published Thursday, as …
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Italy's Prada agrees to buy rival Versace for 1.25 bn euros
Apr 10 2025
Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy …
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Five things to know about Versace
Apr 10 2025
Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, …
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Cannes Festival: Films in competition
Apr 10 2025
Nineteen films were announced Thursday in the main competition at Cannes Film Festival, which kicks off on the French …
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Shanghai finance workers worry after front-row seat to tariff turmoil
Apr 10 2025
As stock prices flashed across a huge screen at a bustling intersection in China's business hub Shanghai, finance …
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Stock markets soar as Trump delays painful tariffs
Apr 10 2025
Stocks markets rocketed and the dollar fell Thursday after Donald Trump paused steep tariffs on most countries, while …
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Trump tariffs weigh on Germany as institutes cut forecasts
Apr 10 2025
Leading economic institutes Thursday slashed their 2025 growth forecast for Germany to near stagnation, warning Europe's …
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Stocks zoom higher as Trump delays painful tariffs
Apr 10 2025
Stocks rocketed Thursday as a relief rally spread through markets after Donald Trump paused crippling tariffs on US …
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