Business and Economy
Cambodia's Prince Group denies link to scams after asset seizures
AFP - 1h ago
A Cambodian conglomerate whose founder has had more than $15 billion of allegedly ill-gotten assets seized said it …
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Asian markets up on hopes over shutdown deal, rate cut
AFP - 2h ago
Equities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a …
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Bangladesh's liquor industry a surprising success
AFP - 3h ago
Syrupy aromas drift across the guarded compound of Bangladesh's only licensed distillery, a state-owned producer posting …
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US stocks end mostly higher despite drop in Nvidia
Nov 11 2025
Wall Street stocks mostly rose Tuesday as optimism over a likely end to the US government shutdown offset weakness in …
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Google unveils $6.4 bn investment in Germany
Nov 11 2025
Google unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros ($6.4 billion) for a new …
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UK court jails Chinese bitcoin fraudster for over 11 years
Nov 11 2025
A Chinese woman who masterminded a multibillion-dollar bitcoin scam and evaded authorities for years was sentenced to 11 …
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Stocks mixed as tech titans struggle
Nov 11 2025
Global stocks turned in a mixed performance on Tuesday as tech shares struggled and a rally on optimism over a deal to …
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Fanfare as Guinea launches enormous Simandou iron ore mine
Nov 11 2025
Authorities in Guinea on Tuesday officially launched production at Simandou, a gigantic mining project that they hope …
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Stocks mixed as end to US shutdown appears closer
Nov 11 2025
Global stocks turned in a mixed performance on Tuesday as a record-long US government shutdown took a step nearer to …
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German court rules against OpenAI in copyright case
Nov 11 2025
A German court ruled Tuesday that OpenAI has infringed copyright law by using song lyrics to feed its chat models in a …
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Stocks mostly rise as end to US shutdown appears closer
Nov 11 2025
Europe's main stock markets climbed Tuesday following a largely tepid performance by Asia's top indices as a record-long …
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'Splinternets' threat to be avoided, says web address controller
Nov 11 2025
The risk of the internet fragmenting into national "splinternets" will likely be averted in a UN vote next month, the …
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Asian stocks wobble as US shutdown rally loses steam
Nov 11 2025
Asian markets struggled to maintain early momentum Tuesday as a rally fuelled by hopes for an end to the US government …
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UK unemployment jumps to 5% before key govt budget
Nov 11 2025
Britain's unemployment rate rose more than expected to five percent in the third quarter, the highest level since early …
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AI stock boom delivers bumper quarter for Japan's SoftBank
Nov 11 2025
Japan's SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in …
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Asian stocks struggle as US shutdown rally loses steam
Nov 11 2025
Most Asian markets fell Tuesday as a rally fuelled by hopes for an end to the US government shutdown ran out of steam.
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Burger King to enter China joint venture, plans to double stores
Nov 11 2025
US fast-food chain Burger King will rapidly expand its China operations in coming years, its parent company said, …
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'Demon Slayer' helps Sony hike profit forecasts
Nov 11 2025
Shares in Japanese giant Sony jumped more than five percent Tuesday after it hiked full-year profit forecasts thanks to …
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Sony hikes profit forecasts on strong gaming, anime sales
Nov 11 2025
Japanese giant Sony hiked its full-year revenue and profit forecasts Tuesday on the back of the huge global success of …
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Trump threatens air traffic controllers over shutdown absences
Nov 11 2025
An additional 2,300 US flights were cancelled Monday as President Donald Trump threatened to dock pay for air traffic …
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'Western tech dominance fading' at Lisbon's Web Summit
Nov 11 2025
Global tech leaders will pack Lisbon's annual Web Summit from Tuesday to talk Artificial Intelligence, robots and …
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Asian stocks rise as record US shutdown nears end
Nov 11 2025
Most Asian markets rose for the second day in a row Tuesday as US lawmakers edged towards ending a record government …
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Concentration of corporate power a 'huge' concern: UN rights chief
Nov 11 2025
A few tech giants accumulating massive power coupled with artificial intelligence is posing huge global rights …
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AI agents open door to new hacking threats
Nov 11 2025
Cybersecurity experts are warning that artificial intelligence agents, widely considered the next frontier in the …
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Ukraine, China's critical mineral dominance, on agenda as G7 meets
Nov 11 2025
G7 foreign ministers gather in Canada Tuesday for meetings expected to focus on Ukraine and find consensus on a path …
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'Netflix House' marks streaming giant's first theme park
Nov 10 2025
After years of temporary pop-up events, streaming giant Netflix will make its first foray into the theme park space this …
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Exiting Buffett plans to hold on to Berkshire stock for now
Nov 10 2025
Warren Buffett on Monday confirmed plans to step down as Berkshire Hathaway CEO at year's end, but said he will keep a …
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Stocks rally on hopes of US government shutdown ending
Nov 10 2025
Stock markets charged higher Monday as investors cheered prospects that the US government shutdown could be nearing an …
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Stocks rally on hopes US government shutdown to end
Nov 10 2025
Stock markets charged higher Monday as investors cheered prospects that the US government shutdown could be nearing an …
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Stocks rally on hopes for end to US government shutdown
Nov 10 2025
Stock markets posted strong gains Monday as investors cheered prospects that the US government shutdown could be nearing …
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Bank of England seeks to 'build trust' in stablecoins
Nov 10 2025
The Bank of England said Monday it aims to "build trust" in stablecoins in the UK, which would be pegged to the pound …
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China suspends 'special port fees' on US vessels for one year
Nov 10 2025
China said on Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's …
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Stocks rally as hopes rise for end to US shutdown
Nov 10 2025
European and Asian stock markets rallied Monday as investors cheered prospects that the US government shutdown could be …
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China suspends 'special port fees' on US vessels
Nov 10 2025
China said Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's …
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Guinness maker Diageo picks new CEO after US tariffs cloud
Nov 10 2025
Diageo, the maker of Guinness beer and Smirnoff vodka, announced Monday a new chief executive as it seeks to improve …
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Markets boosted by hopes for deal to end US shutdown
Nov 10 2025
Equities rallied Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers …
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From Club Med to Beverly Hills: Assinie, the Ivorian Riviera
Nov 10 2025
Locals in Assinie reminisce about the old days when the now-shuttered Club Med in southeastern Ivory Coast provided jobs …
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China lifts sanctions on US units of South Korea ship giant Hanwha
Nov 10 2025
China said Monday it would suspend sanctions against US subsidiaries of Hanwha Ocean, one of South Korea's largest …
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Big lips and botox: In Trump's world, fashion and makeup get political
Nov 10 2025
Long, blond, wavy hair, heavy makeup and cosmetic injections: like many women in Donald Trump's orbit, political …
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Tanzania Maasai fear VW 'greenwashing' carbon credit scheme
Nov 10 2025
Namnyak, a Maasai herder in north Tanzania, fears a carbon credit scheme linked to Volkswagen -- dismissed by NGOs as …
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The AI revolution has a power problem
Nov 10 2025
In the race for AI dominance, American tech giants have the money and the chips, but their ambitions have hit a new …
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Bezos's Blue Origin postpones rocket launch over weather
Nov 10 2025
Blue Origin, the space company owned by billionaire Jeff Bezos, was forced Sunday to postpone the anticipated launch of …
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BBC chief resigns after row over Trump documentary
Nov 09 2025
The director general of the BBC announced his resignation Sunday following a row over the editing of a documentary about …
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US grounds MD-11 cargo planes after deadly crash
Nov 09 2025
The US civil aviation regulator ordered Saturday that all MD-11 cargo planes remain grounded for inspections, after one …
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UPS, FedEx ground MD-11 cargo planes after deadly crash
Nov 08 2025
Freight carriers UPS and FedEx said they have grounded their fleets of MD-11 cargo planes, after one of them was …
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UPS grounds its MD-11 cargo planes after deadly crash
Nov 08 2025
UPS said Friday that it had grounded its fleet of MD-11 cargo planes, after one of them was involved in a deadly crash …
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France moves to suspend Shein website as first store opens in Paris
Nov 07 2025
Shein opened its first physical store worldwide in Paris under the eye of riot police, as the French government said it …
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Shein vows to cooperate with France in probe over childlike sex dolls
Nov 07 2025
Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over …
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Shein bans sex dolls after France outrage over 'childlike' ones
Nov 07 2025
Asian e-commerce giant Shein said Monday it was banning sex dolls from sale on its sites globally after French …
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Worries over AI spending, US government shutdown pressure stocks
Nov 07 2025
Stock markets mostly retreated Friday as the prolonged US government shutdown dragged on investor sentiment, along with …
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At COP30, nations target the jet set with luxury flight tax
Nov 07 2025
France, Spain and Kenya are among a group of countries spearheading a drive at the COP30 climate summit for a new tax on …
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Nexperia chip exports resuming: German auto supplier
Nov 07 2025
A leading German auto supplier said Friday that it had received permission to export Nexperia chips from China again as …
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Will 'war profiteer' Norway come to Ukraine's financial rescue?
Nov 07 2025
Norway has grown vastly richer after overtaking Russia as Europe's main gas supplier following the invasion of Ukraine, …
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Tech selloff drags stocks down on AI bubble fears
Nov 07 2025
Stock markets tumbled Friday as fears of an AI bubble deepened a tech selloff, with investors also rattled by weak …
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Greece woos US energy deals, as eco groups cry foul
Nov 07 2025
Greece on Friday hailed as "historic" a deal with US energy giant ExxonMobil that could see the country's first offshore …
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Brazil welcomes China lift of ban on poultry imports
Nov 07 2025
Brazil, the world's biggest exporter of chicken meat, on Friday welcomed China's move to lift a ban on imports of the …
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Stocks fall on renewed AI bubble fears
Nov 07 2025
Stock markets fell Friday on renewed fears of an AI bubble, a weak US job market and a prolonged US government shutdown.
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Serbia fast-tracks army HQ demolition for Trump family hotel
Nov 07 2025
Serbia's parliament on Friday moved to fast-track the demolition of the bombed-out Yugoslav Army headquarters in central …
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Inside Germany's rare earth treasure chest
Nov 07 2025
In a World War II bunker east of Frankfurt, a steel door weighing over four tonnes protects Germany's largest reserve of …
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Ikea profits drop on lower prices, tariff costs
Nov 07 2025
The world's leading furniture company, Ikea, reported a sharp fall in annual profits on Friday as it focused on dropping …
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European, Asian stocks decline after Wall Street slide
Nov 07 2025
European and Asian stock markets retreated Friday after a slide on Wall Street following weak US jobs data and signals …
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Markets drop as valuations and US jobs, rates spook investors
Nov 07 2025
Stocks on Friday tracked Wall Street losses propelled by investors weighing weak US jobs data against signals the …
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Chinese microdrama creators turn to AI despite job loss concerns
Nov 07 2025
Ultra-short video series "Strange Mirror of Mountains and Seas" is filled with dragon-like monsters, handsome …
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US facing travel chaos as flights cut due to govt shutdown
Nov 07 2025
Travelers across the United States were left scrambling to rebook flights as the government shutdown heaps pressure on …
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Trump unveils deals to lower costs of some weight-loss drugs
Nov 07 2025
US President Donald Trump announced deals Thursday with pharmaceutical giants Eli Lilly and Novo Nordisk to lower the …
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'Grand Theft Auto VI' video game delayed again until Nov. 2026
Nov 06 2025
The newest installment to the blockbuster "Grand Theft Auto" video game franchise has been delayed again, this time …
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Stocks slide as investors weigh data, interest rate cuts
Nov 06 2025
US and European stocks slumped Thursday as investors weighed another wave of corporate results, economic data and the …
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France urges EU to sanction Shein platform
Nov 06 2025
France has urged the European Union to take measures against Asian e-commerce giant Shein, two ministers said Thursday, …
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Rally outside Rockstar against GTA studio's 'union busting'
Nov 06 2025
Dozens of people protested Thursday outside Rockstar Games' offices in Edinburgh, accusing the multi-billion dollar …
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US judge drops criminal charges against Boeing over 737 MAX 8 crashes
Nov 06 2025
A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of …
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Crypto giant Coinbase fined in Ireland for rule breaches
Nov 06 2025
Ireland's central bank imposed a fine of 21.5 million euros ($24.7 million) Thursday on crypto giant Coinbase over …
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German steel industry girds for uncertain future
Nov 06 2025
Hammered by surging energy costs and a flood of cut-price Chinese imports, Germany's steel industry has been mired in …
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Stocks slip as investors weigh earnings, tariffs
Nov 06 2025
US and European stocks sputtered Thursday as investors weighed another wave of corporate results, interest rates, the US …
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Police say 19 held after raid at Swedish start-up Stegra to be deported
Nov 06 2025
Police said Thursday that 19 people they caught working illegally during a raid at the Swedish start-up Stegra's steel …
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Teetering Belgian government given more time to agree budget
Nov 06 2025
Belgian Prime Minister Bart De Wever gave his deadlocked ruling coalition more time to agree a cost-cutting budget on …
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Merz backs EU plan to protect steel sector from Chinese imports
Nov 06 2025
Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, …
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Bank of England leaves rate unchanged before UK budget
Nov 06 2025
The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK government's …
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Battered US businesses eye improved China trade at Shanghai expo
Nov 06 2025
Plying everything from handbags to salt in a cavernous Shanghai exhibition hall, US exporters hit by the trade war with …
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Drugmaker AstraZeneca profit jumps as US business grows
Nov 06 2025
British pharmaceutical giant AstraZeneca announced surging quarterly profit Thursday on strong sales of cancer drugs and …
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European stocks fall after gains in Asia, US
Nov 06 2025
European stock markets dropped Thursday following gains in Asia and on Wall Street as traders reacted to positive US …
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US to cancel flights as longest govt shutdown drags on
Nov 06 2025
US officials said the scheduled capacity for flights would be cut by 10 percent in 40 busy air traffic areas nationwide …
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Asian markets bounce from selloff as US jobs beat forecasts
Nov 06 2025
Asian markets rose on Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on …
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Budget impasse threatens Belgium's ruling coalition
Nov 06 2025
Belgium's Prime Minister Bart De Wever looked Thursday to pile pressure on his deadlocked government partners to agree …
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Probe into Thales defence group looking at Indonesian contract
Nov 06 2025
A French-British investigation into alleged bribery at France-based defence giant Thales is examining a contract with …
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Musk's $1 trillion pay package to face Tesla shareholder vote
Nov 06 2025
Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to …
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BoE set for finely balanced pre-budget rate call
Nov 06 2025
The Bank of England is expected to hold its key interest rate unchanged on Thursday but some analysts are not ruling out …
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Eyes turn to space to feed power-hungry data centers
Nov 06 2025
Tech firms are floating the idea of building data centers in space and tapping into the sun's energy to meet …
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Boeing settles with one plaintiff in 737 MAX crash trial
Nov 06 2025
Boeing reached a last-minute settlement in one of two lawsuits in this week's trial in Chicago over a 2019 737 MAX crash …
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Wall Street stocks rebound after positive jobs data
Nov 05 2025
Wall Street stocks advanced Wednesday after better-than-expected jobs data soothed concerns about the US economy with …
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US Supreme Court appears skeptical of Trump tariff legality
Nov 05 2025
A majority of US Supreme Court justices appeared deeply skeptical of the legality behind a swath of Donald Trump's …
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Promotions lift McDonald's sales in tricky consumer market
Nov 05 2025
Fast-food giant McDonald's scored solid sales growth Wednesday following promotions to attract struggling consumers, …
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BMW reports rising profitability, shares jump
Nov 05 2025
BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of …
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US Supreme Court debates legality of Trump's tariffs
Nov 05 2025
US Supreme Court justices questioned the legality behind a wide swath of Donald Trump's tariffs on Wednesday, as they …
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Wall Street stocks rise after positive jobs data
Nov 05 2025
Wall Street stocks pushed higher on Wednesday after better-than-expected jobs data soothed concerns about the US …
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Brussels wants high-speed rail linking EU capitals by 2040
Nov 05 2025
The European Commission Wednesday unveiled twin initiatives aimed at slashing transport carbon emissions across the …
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Swiss business chiefs met Trump on tariffs: Bern
Nov 05 2025
Swiss business leaders have met US President Donald Trump to draw his attention to the toll that steep tariffs are …
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At least 9 dead after cargo plane crashes near Louisville airport
Nov 05 2025
The death toll from a UPS cargo plane crashing in Louisville has risen to nine with more fatalities feared, Kentucky's …
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US Supreme Court hears challenge to Trump tariff powers
Nov 05 2025
The US Supreme Court began hearing arguments Wednesday on whether a wide swath of Donald Trump's tariffs are lawful, in …
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Wall Street stocks steady after positive jobs data
Nov 05 2025
Wall Street stocks steadied on Wednesday after better-than-expected jobs data soothed concerns about the US economy.
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Swedish authorities inspect worksite conditions at steel startup Stegra
Nov 05 2025
Officials from several government agencies conducted a surprise inspection of steelmaker Stegra's construction site in …
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Shein opens first permanent store amid heavy police presence
Nov 05 2025
Shein opened its first brick-and-mortar store in the world in Paris on Wednesday amid a heavy police presence, as …
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BMW boosts profitability, welcomes Nexperia signals
Nov 05 2025
BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of …
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