Business and Economy
Meta mulling incorporation shift to Texas: report
AFP - 22m ago
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big …
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White House says Trump to impose Canada, Mexico, China tariffs at weekend
AFP - 50m ago
President Donald Trump will implement tariffs Saturday on the three largest US trading partners -- Canada, Mexico and …
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World's longest cargo sail ship launched in Turkey
AFP - 2h ago
The world's longest wind-powered cargo ship was launched Friday in Turkey, offering a promising way to slash carbon …
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Swiss court convicts Trafigura of corruption in Angola
AFP - 1h ago
A Swiss court convicted Trafigura and three people linked to the commodities trading firm of corruption in Angola, in …
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White House says Trump will impose Canada, Mexico, China tariffs at weekend
AFP - 1h ago
President Donald Trump will impose tariffs Saturday on the three largest US trading partners -- Canada, Mexico and China …
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World awaits Trump tariff deadline on Canada, Mexico and China
AFP - 30m ago
The global economy is bracing for impact as US President Donald Trump's deadline to impose sweeping tariffs on the three …
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Stock markets mostly gain at end of turbulent week
AFP - 5h ago
Stock markets mostly rose Friday, led by New York after strong results from Apple reassured investors that the tech …
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Fed's favored inflation gauge accelerates further in December
AFP - 6h ago
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to …
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Stock markets gain at end of turbulent week
AFP - 1h ago
Major stock markets rose Friday, as a key US inflation reading met expectations and strong results from Apple reassured …
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Green energy projects adding to Sami people's climate woes: Amnesty
AFP - 1h ago
Climate change and efforts to curb it by moving away from fossil fuels are both threatening the rights and livelihood of …
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Offshore wind power giant Orsted changes CEO
AFP - 1h ago
Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector …
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South Korea, Ireland watchdogs to question DeepSeek on user data
AFP - 10h ago
Data watchdogs in South Korea and Ireland said Friday they would ask Chinese AI startup DeepSeek to clarify how it …
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Stock markets close out turbulent week with gains
AFP - 4h ago
European and Asian stock markets mostly rose Friday, the end of a week beset by volatility after China's DeepSeek …
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South Korea watchdog to question DeepSeek over user data
AFP - 1h ago
South Korea will ask Chinese AI startup DeepSeek to clarify how it manages users' personal information, its data …
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Samsung operating profit hit by R&D spending, fight to meet chip demand
AFP - 14h ago
The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to …
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Asian markets mostly rise but worries over tariffs, AI linger,
AFP - 3h ago
Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a …
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US newspaper popularized by 'The Sopranos' to cease printing
AFP - 16h ago
Two longstanding US city newspapers, including one immortalized in "The Sopranos," will vanish from newsstands leaving …
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Investigators recover plane black boxes from Washington air collision
AFP - 22m ago
Investigators on Thursday recovered the black boxes from a passenger plane whose mid-air collision with a military …
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Chipmaker Intel beats revenue expectations amidst Q4 loss
AFP - 4h ago
Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to …
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Samsung Electronics posts 129.85% jump in Q4 operating profit
AFP - 3h ago
Samsung Electronics said Friday its operating profits surged 129.85 percent year-on-year in the fourth quarter of 2024, …
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Trump blames deadly Washington air collision on 'diversity'
AFP - 1h ago
US President Donald Trump -- speaking as the bodies of 67 people were being pulled from Washington's Potomac River -- …
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French luxury billionaire sparks tax debate with threat to leave
AFP - 21h ago
Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the …
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Apple profit climbs but sales miss expectations
AFP - 9h ago
Apple on Thursday reported its revenue was a whopping $124.3 billion in the year-end holiday quarter, but sales growth …
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Trump to decide on oil tariffs on Canada, Mexico
Jan 30 2025
US President Donald Trump said he expected to decide Thursday whether to include crude oil imports in tariffs on Canada …
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Fury over prices in Croatia sparks growing retailer boycotts
Jan 30 2025
Fed up with paying ever increasing prices at grocery stores and shopping outlets, Croatians have begun channeling their …
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Lula says if Trump hikes tariffs, Brazil will reciprocate
Jan 30 2025
Brazilian President Luiz Inacio Lula da Silva said Thursday that if US counterpart Donald Trump hiked tariffs on …
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Stock markets firm on ECB rate cut, corporate results
Jan 30 2025
European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady …
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Mexican economy shrinks for first time in three years
Jan 30 2025
Mexico's economy suffered its first contraction in three years in the fourth quarter of 2024, official figures showed …
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EU vows 'action plan' for beleaguered auto sector
Jan 30 2025
The EU promised Thursday an "action plan" to help the bloc's beleaguered auto sector as it faces mounting pressure to …
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France, Germany stall eurozone growth in fourth quarter
Jan 30 2025
Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and …
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US economic growth steady in 2024 as Trump takes office
Jan 30 2025
The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed …
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Nostalgia and escapism: highlights from Paris Couture Week
Jan 30 2025
Nostalgia-tinged evening wear, fantasy-fuelled escapism and messages about world peace featured during a packed Paris …
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Dubai airport clocks record 92.3m passengers, extending hot streak
Jan 30 2025
A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on …
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ECB cuts rate again as eurozone falters, with eye on Trump
Jan 30 2025
The European Central Bank cut interest rates again Thursday and signalled more to come as the eurozone economy …
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Stock markets rise on ECB rate cut, healthy corporate results
Jan 30 2025
US and European stock markets rose Thursday as the European Central Bank cut interest rates again and companies posted …
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El Salvador merchants no longer obliged to accept bitcoin
Jan 30 2025
Merchants in El Salvador, the first country to make bitcoin legal tender, will no longer be obliged to accept the …
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French economy shrinks as political crisis eclipses Olympic boost
Jan 30 2025
The French economy grew 1.1 percent in 2024 but shrank in the fourth quarter as a political crisis gripped the country, …
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Scottish court rules against two new North Sea oil and gas fields
Jan 30 2025
A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic …
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European stock markets rise before ECB rate call
Jan 30 2025
European stock markets rose and the euro dipped Thursday, with the European Central Bank expected to cut interest rates …
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Dubai airport sees record 92.3 million passengers in 2024
Jan 30 2025
A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on …
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Shell annual profit drops to $16 bn as oil prices fall
Jan 30 2025
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas …
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UK car sector fears for Trump tariffs as output falls
Jan 30 2025
Britain's vehicle production slid below one million units last year as the sector transitions to electric cars, an …
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Asian markets diverge in thin trade, with AI impact in focus
Jan 30 2025
Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive …
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EU holds auto talks to revive embattled car sector
Jan 30 2025
EU talks to relaunch Europe's embattled car industry are to get underway on Thursday, with automotive CEOs awaited in …
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ECB to look past Trump risk and push on with rate cuts
Jan 30 2025
Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts …
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Australia says reliance on coal-fired power drops to record low
Jan 30 2025
Australia's reliance on coal-fired power stations has dropped to a record low, accounting for less than 50 percent of …
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Salvadoran town hopes Trump brings 'good times' for bitcoin
Jan 30 2025
Bitcoin enthusiasts seeking to turn a mountain town in El Salvador into a cryptocurrency haven hope that US President …
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Meta agrees to pay Trump $25 mn to settle account ban lawsuit
Jan 30 2025
Meta has agreed to pay President Donald Trump $25 million to settle a 2021 lawsuit he filed claiming he was wrongfully …
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With China's DeepSeek, US tech fears red threat
Jan 30 2025
The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to go faster on advancing …
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Tesla results miss estimates as company projects 2025 auto volume growth
Jan 30 2025
Tesla reported lower than expected profits Wednesday but confirmed key 2025 benchmarks, saying it will return to sales …
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Meta posts big profit, aims to take AI lead
Jan 29 2025
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand …
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Powell says US Fed in no hurry to cut rates after pause
Jan 29 2025
The US Federal Reserve is in no "hurry" to adjust interest rates again, the central bank's chair Jerome Powell said …
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Trump commerce pick says favors broad tariffs, vows tough China stance
Jan 29 2025
Donald Trump's commerce secretary nominee told his US Senate confirmation hearing Wednesday he favors "across-the-board" …
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Microsoft profit rises but cloud business misses mark
Jan 29 2025
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over …
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Brazil central bank hikes interest rate as Lula's woes mount
Jan 29 2025
Brazil's central bank on Wednesday hiked its key interest rate to 13.25 percent in more bad news for leftist President …
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Meta posts big profit, plans massive AI investment
Jan 29 2025
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand …
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Global stocks mixed as market awaits ECB decision
Jan 29 2025
Equity markets were mixed Wednesday as attention turned away from tech stocks to the outlook for monetary policy, with …
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Tesla results miss estimates, citing lower vehicle prices
Jan 29 2025
Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a …
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US Fed pauses rate cuts, will 'wait and see' on Trump policies
Jan 29 2025
The US Federal Reserve left its key lending rate unchanged Wednesday and adopted a patient "wait and see" approach to …
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US Fed pauses rate cuts, resisting Trump pressure
Jan 29 2025
The US Federal Reserve left its key lending rate unchanged Wednesday, resisting pressure from President Donald Trump to …
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US commerce secretary pick favors sweeping tariffs, hawkish China stance
Jan 29 2025
Donald Trump's commerce secretary nominee said Wednesday that he favors "across-the-board" tariffs targeting countries …
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Stocks diverge, dollar steady before Fed rate decision
Jan 29 2025
Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for …
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Facing Trump and China, EU unveils pro-business roadmap
Jan 29 2025
The EU unveiled a much-anticipated blueprint to revamp Europe's economic model on Wednesday, marking a shift towards a …
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US Fed expected to hold rate steady despite Trump pressure to cut
Jan 29 2025
After three interest rate cuts in a row, the US Federal Reserve is expected to signal it will remain on pause until the …
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German industry sounds alarm as government cuts growth forecast
Jan 29 2025
The German government on Wednesday slashed its growth forecasts for 2025 as industry leaders sent dire warnings over the …
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UK backs third Heathrow runway in growth takeoff bid
Jan 29 2025
Britain's Labour government on Wednesday backed building a third runway at London's busy Heathrow airport, with finance …
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Stocks diverge, dollar firmer before Fed rate decision
Jan 29 2025
Stock markets diverged Wednesday as attention turned away from recent turbulence in tech markets to the outlook for …
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'Good news': Dutch chip giant ASML welcomes DeepSeek
Jan 29 2025
The head of Dutch giant ASML, which makes chip-making machines that power the tech industry, Wednesday welcomed the …
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Spanish economy shines in 2024 with 3.2% growth
Jan 29 2025
The Spanish economy expanded 3.2 percent last year thanks to buoyant exports and consumption that have made it one of …
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Upstart DeepSeek faces heightened scrutiny as AI wows
Jan 29 2025
With around six million dollars and a stockpile of chips acquired before Washington banned their export to China, …
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Stocks firm after tech rout; dollar steady before Fed rate call
Jan 29 2025
Stock markets mostly rose Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of …
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Tesla to report results for 1st time since Trump elected president
Jan 29 2025
Tesla is set to report earnings Wednesday for the first time since President Donald Trump -- a close ally of CEO Elon …
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Shares in Dutch chip giant ASML soar on bullish orders
Jan 29 2025
Shares in Dutch tech giant ASML soared Wednesday despite a dip in annual net profit, as investors cheered …
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Fears of scam centre kidnaps keep Chinese tourists on edge in Thailand
Jan 29 2025
Chinese tourists visiting Thailand for Lunar New Year are worried about being kidnapped by gangsters to work in hellish …
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DeepSeek's 'Sputnik moment' exposes holes in US chip curbs
Jan 29 2025
US export controls on high-tech chips may have inadvertently fuelled the success of start-up DeepSeek's AI chatbot, …
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Taiwan could help industry after Trump warns of chip tariffs
Jan 29 2025
Taiwan will consider supporting its domestic industry
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Dutch chip giant ASML reports 2024 net profit dip but solid orders
Jan 29 2025
Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a drop in annual net …
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Asian markets track Wall St bounce as Fed decision looms
Jan 29 2025
Asian markets rose in holiday-thinned trade Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia …
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Dutch chip giant ASML's net profits dip in 2024
Jan 29 2025
Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a drop in annual net …
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Red tape and rare earths: EU 'compass' charts economic future
Jan 29 2025
Promising a "simplification shock", the EU will unveil a much-anticipated blueprint to revamp Europe's economic model on …
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Sony names new CEO in management reshuffle
Jan 29 2025
Japanese electronics and entertainment giant Sony Group said Wednesday that it has promoted Hiroki Totoki to chief …
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UK eyes third Heathrow runway in growth takeoff bid
Jan 29 2025
Britain's finance minister Rachel Reeves is on Wednesday expected to announce controversial plans for a third runway at …
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Facing Bolivia's economic crunch with toy houses, fake banknotes
Jan 29 2025
For a month every year, thousands of Bolivians throng the stalls of an unusual market in La Paz, shopping for tiny toy …
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Who might buy TikTok in the US?
Jan 29 2025
As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United …
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Starbucks profits fall but points to progress in turnaround
Jan 29 2025
Starbucks reported lower profits Tuesday in results that still topped expectations as the company's new CEO described …
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Hopes for turnaround lift Boeing shares despite huge losses
Jan 28 2025
Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024, but shares rallied on hopes that early …
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For these 'Made in America' CEOs, Trump's tariffs won't change the game
Jan 28 2025
Entrepreneurs running small and medium-sized businesses that manufacture and source exclusively in the United States …
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Nvidia, US stocks close higher after Chinese AI shock
Jan 28 2025
US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a steep sell-off …
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GM 2025 profit forecast clouded by Trump policy unknowns
Jan 28 2025
General Motors faced questions Tuesday about the impact of potential moves by the Trump administration targeting trade …
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DeepSeek shock shows Europe not out of AI race: experts
Jan 28 2025
China-based DeepSeek's artificial intelligence model has shaken the sector by offering high performance apparently at a …
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European watchdog takes aim at online gambling, gaming among youths
Jan 28 2025
Online gambling and gaming can cause depression and other mental health issues in young people, which the Council of …
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US stocks, Nvidia shares steady after Chinese AI shock
Jan 28 2025
US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off …
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UK's first AI classroom without teachers sparks debate
Jan 28 2025
Britain's first teacherless AI classroom may be an "outlier", but it underlines the potential benefits and risks of a UK …
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France savours competitive cooking win as restoring lost prestige
Jan 28 2025
After major investments in a bid to restore its lost national culinary prestige, France savoured victory Tuesday at the …
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Spain jobless rate falls to lowest level since 2008 crisis
Jan 28 2025
Spanish unemployment fell last year to its lowest level since the 2008 global financial crisis as the tourism-driven …
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AI fears weigh on tech stocks, as tariff talk boosts dollar
Jan 28 2025
Japanese tech firms sank Tuesday following a rout on Wall Street after China's DeepSeek chatbot upended the artificial …
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DeepSeek, Chinese AI startup roiling US tech giants
Jan 28 2025
Chinese startup DeepSeek, which has sparked panic on Wall Street with its powerful new chatbot developed at a fraction …
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DeepSeek breakthrough raises AI energy questions
Jan 28 2025
Having shattered assumptions in the tech sector and beyond about the cost of artificial intelligence, Chinese startup …
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German, Danish leaders meet after Trump Greenland warnings
Jan 28 2025
German Chancellor Olaf Scholz and Danish Prime Minister Mette Frederiksen met on Tuesday in a show of unity after US …
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Trump warns of 'wake-up call' as low-cost Chinese AI jolts sector
Jan 28 2025
Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like …
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Japanese tech stocks hit by AI fears, dollar boosted by tariff talk
Jan 28 2025
Japanese tech firms sank Tuesday following a rout on Wall Street after China's DeepSeek chatbot upended the artificial …
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Breakout Chinese AI 'programmed' to toe the party line
Jan 28 2025
Chinese AI chatbot DeepSeek has made waves in Silicon Valley, stunning investors and industry insiders with its ability …
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