Business and Economy
Wealth tax economist hits back at French tycoon's 'pseudo-academic' claim
AFP - 3h ago
An economist behind a wealth tax plan embraced by the French left on Sunday urged France's richest person, Bernard …
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France's richest man riles left with attack on 'pseudo-academic' behind tax plan
AFP - 5h ago
Left-wing figures in France on Sunday reacted with uproar after the country's richest man the luxury goods tycoon …
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Floating wind power sets sail in Japan's energy shift
AFP - 17h ago
Close to a small fishing port in southwestern Japan, the slim white turbines of the country's first commercial-scale …
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White House says $100,000 H-1B visa fee to be one-time payment
Sep 20 2025
The White House issued a major clarification Saturday to its new H-1B visa policy that had rattled the tech industry, …
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Cyberattack hits European airports
Sep 20 2025
Major European airports including Brussels, Berlin and London's Heathrow were Saturday hit by a cyberattack on check-in …
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Americans would dominate board of new TikTok US entity: W.House
Sep 20 2025
A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the …
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Trump's $100,000 fee for H-1B visas, a tech industry favourite, concerns India
Sep 20 2025
India's leading IT trade body said on Saturday it was concerned by a new annual $100,000 fee that US President Donald …
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Novartis chief eyes ways to end higher US drug prices: media
Sep 20 2025
Amid a threat of towering US tariffs, Swiss pharmaceutical giant Novartis is seeking ways to enable Americans to pay …
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Trump hits H-1B visas, a tech industry favorite, with $100,000 fee
Sep 20 2025
US President Donald Trump on Friday ordered an annual $100,000 fee be added to H-1B skilled worker visas, creating …
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Bumper harvest falls flat for Italy's Asti vineyards
Sep 20 2025
The storied Asti region of northern Italy saw a lush harvest this year but many winegrowers are leaving some grapes on …
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Trump sees progress on TikTok, says will visit China
Sep 20 2025
US President Donald Trump hailed on Friday a call with Chinese counterpart Xi Jinping, claiming a deal to sell …
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US stocks end at records again as Trump and Xi talk
Sep 19 2025
Stock markets steadied and the dollar mostly rose Friday at the end of a week marked by central bank decisions, as …
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Argentina's Milei says 'political panic' rattling markets
Sep 19 2025
Argentine President Javier Milei blamed "political panic" for rattling markets Friday in the run-up to crucial midterm …
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Porsche slows electric shift, prompting VW profit warning
Sep 19 2025
German sports car maker Porsche said Friday that it would dramatically slow its shift to electric vehicles amid weak …
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Independence of central banks tested by Trump attacks on US Fed
Sep 19 2025
For months, US President Donald Trump has been piling pressure on the Federal Reserve over delayed cuts to interest …
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New Fed governor says was not told how to vote by Trump
Sep 19 2025
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote …
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Stocks steady, dollar up as Trump and Xi talk
Sep 19 2025
Stock markets steadied and the dollar mostly rose Friday at the end of a week marked by central bank decisions, as …
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Ukraine courts foreign cash for military 'Silicon Valley'
Sep 19 2025
At the opening of Ukraine's biggest defence tech fair, arms executives and government officials were welcomed by a giant …
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Sweden offers $23 bn to finance nuclear power construction
Sep 19 2025
Sweden's government said Friday it was ready to offer up to 220 billion kronor ($23.3 billion) in loans to utilities for …
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Sweden offers $23 bn to finance nuclear power construction
Sep 19 2025
Sweden's government said Friday it was ready to offer up to 220 billion kronor ($23.3 billion) in loans to utilities for …
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Tariff uncertainty delays World Cup orders for China's merch makers
Sep 19 2025
Tariff fears are hurting World Cup merchandise orders at Shang Yabing's Chinese knitwear factory, where racks of scarves …
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Stocks diverge, dollar up before Trump-Xi talks
Sep 19 2025
Stock markets diverged and the dollar rose Friday at the end of a week marked by central bank decisions, as attention …
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Asian markets mixed ahead of Trump-Xi talks
Sep 19 2025
Asian markets were mixed Friday at the end of a strong week for investors following a US interest rate cut, with …
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BoJ holds interest rates but to sell funds in shift from easing policy
Sep 19 2025
The Bank of Japan kept interest rates on hold Friday amid lingering political uncertainty and economic concerns but said …
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Asian markets mostly drop ahead of Trump-Xi talks
Sep 19 2025
Asian markets mostly fell Friday at the end of a strong week for investors following a US interest rate cut, with …
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China's Xiaomi to remotely fix assisted driving flaw in 110,000 SU7 cars
Sep 19 2025
Chinese consumer tech giant Xiaomi will remotely fix a flaw in the assisted driving system on over 110,000 of its …
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Asian markets fluctuate as focus turns to Trump-Xi, BoJ
Sep 19 2025
Asian markets swung Friday at the end of a strong week for investors following the US interest rate cut, with attention …
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Canada, Mexico leaders agree to seek 'fairer' trade deal with US
Sep 19 2025
The leaders of Canada and Mexico on Thursday defended their three-way free-trade deal with the United States, while …
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Netflix seeks 'Money Heist' successor in Spanish hub
Sep 19 2025
In a cavernous studio outside Madrid teeming with TV industry stars, Netflix is blending old knowledge with modern …
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Indie studio bets on new game after buying freedom from Sega
Sep 19 2025
French developer Amplitude knows that "every game could be the last" as it prepares a big bet on a new strategy title …
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Japan inflation slows in August, rice price surges ease
Sep 19 2025
Inflation in Japan slowed to 2.7 percent in August due partly to government energy subsidies, official data showed …
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Stocks rise on Nvidia-Intel deal, Fed rate cut
Sep 18 2025
Stock markets advanced Thursday, as tech shares jumped following AI-chips giant Nvidia's announcement of a $5 billion …
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US small businesses slam Trump tariffs as legal fight proceeds
Sep 18 2025
When businessman Travis McMaster shifted more manufacturing of his products out of China, and into India, he had sought …
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US regulator sues Ticketmaster over 'illegal' ticket schemes
Sep 18 2025
A top US regulator on Thursday sued Ticketmaster and its parent company Live Nation, alleging the ticketing giant …
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Chip-maker Nvidia takes stake in rival Intel
Sep 18 2025
Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it would invest $5 billion in its …
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Putin has let me down, says Trump at end of UK state visit
Sep 18 2025
Donald Trump warned that Russian President Vladimir Putin had "really let me down" after he met Prime Minister Keir …
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Canada, Mexico leaders meet amid US tariff war
Sep 18 2025
Mexico's president will host the leader of Canada for trade talks Thursday as they seek to navigate the tariff war …
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Trump says Putin has 'let me down' as UK state visit ends
Sep 18 2025
Donald Trump warned that Russia President Vladimir Putin had "really let me down" as he met Prime Minister Keir Starmer …
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IMF proposes US Treasury official as second-in-command
Sep 18 2025
The IMF has proposed appointing the US Treasury Department's chief of staff as its new number-two official, the …
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Costs of Russian, Chinese cyberattacks on German firms on rise: report
Sep 18 2025
Cyberattacks and sabotage, mainly from Russia and China, have caused record damages for German firms this year, the …
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Stock markets rise after Nvidia's Intel deal, Fed rate cut
Sep 18 2025
Stock markets mostly rose Thursday after the Federal Reserve cut interest rates and US chip giant Nvidia announced a $5 …
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New Picasso portrait unveiled at Paris auction house
Sep 18 2025
A previously unknown portrait by Pablo Picasso of one of his lovers was revealed on Thursday after being put up for sale …
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Trump, Starmer sign tech deal to seal 'unbreakable bond'
Sep 18 2025
Donald Trump hailed America's "unbreakable bond" with Britain Thursday as he and Prime Minister Keir Starmer signed a …
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Bank of England holds rate as inflation stays high
Sep 18 2025
The Bank of England kept its key interest rate at four percent Thursday, as elevated UK inflation offsets the country's …
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Stock markets fluctuate after Fed rate cut
Sep 18 2025
European stock markets rose while Asia was mixed on Thursday after the US Federal Reserve lowered interest rates but …
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Deliveroo CEO to step down following DoorDash takeover
Sep 18 2025
Will Shu, founder of food delivery app Deliveroo, will step down as its chief executive once US rival DoorDash completes …
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Asian markets fluctuate after Fed cuts interest rates
Sep 18 2025
Equities wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how …
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Germany's Continental launches IPO of car parts unit
Sep 18 2025
Trading in Continental's struggling auto parts division got off to a slow start Thursday as it was listed on the …
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Meta expands AI glasses line in a bet on the future
Sep 18 2025
Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and …
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Judge weighs court's powers in Trump climate case
Sep 18 2025
A federal judge overseeing a closely watched climate case on Wednesday pressed the lawyer representing young Americans …
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US stocks finish mixed as Fed cuts rates for first time in 2025
Sep 17 2025
US stocks finished mixed Wednesday while the dollar moved higher as markets digested the Federal Reserve cutting …
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New York officials sink Times Square casino bid
Sep 17 2025
A well-financed campaign to build a casino in the heart of New York's theater district collapsed Wednesday as a …
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US Fed makes first rate cut of 2025 over employment risks
Sep 17 2025
The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and …
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US stocks end mixed as Fed rate cut sparks volatility
Sep 17 2025
Wall Street stocks finished mixed after the Federal Reserve announced its first interest rate cut of 2025 and signaled …
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Louboutin taps Jaden Smith to lead well-heeled shoemaker's men's line
Sep 17 2025
Christian Louboutin of scarlet-stiletto fame on Wednesday named Jaden Smith, who has followed in his superstar father …
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Top music body says AI firms guilty of 'wilful' copyright theft
Sep 17 2025
AI companies have sucked up the world's entire music catalogue and are guilty of "wilful, commercial-scale copyright …
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US Fed makes first rate cut of 2025 on employment risks
Sep 17 2025
The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and …
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Stocks, dollar calm ahead of expected US rate cut
Sep 17 2025
Stock markets diverged and the dollar steadied as investors expected the US Federal Reserve to cut interest rates …
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Canada central bank cuts key lending rate citing Trump tariffs
Sep 17 2025
Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in an economy squeezed by US …
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US Treasury official expected to be named IMF's second-in-command: source
Sep 17 2025
The US Treasury Department's chief of staff is anticipated to join the International Monetary Fund (IMF) in a key role …
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EU says India's Russia links jeopardise closer ties
Sep 17 2025
The European Union's top diplomat warned Wednesday that its push for closer ties with India could be hampered by New …
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Nvidia CEO disappointed over China chip ban report
Sep 17 2025
Nvidia chief executive Jensen Huang on Wednesday said he was disappointed by a report that Beijing has barred major …
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US Fed set for first rate cut of 2025 as Trump pressure looms
Sep 17 2025
The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing …
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AI may boost global trade value by nearly 40%: WTO
Sep 17 2025
Artificial intelligence could boost the value of global trade by almost 40 percent by 2040 thanks to cost reductions and …
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Germany's Merz vows 'autumn of reforms' in turbulent times
Sep 17 2025
Germany will need sweeping change to remain free and prosperous, Chancellor Friedrich Merz warned Wednesday, calling on …
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EU says India's Russian oil purchases, military drills hinder closer ties
Sep 17 2025
India's participation in military exercises with Moscow and its purchases of Russian oil "stand in the way of closer …
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Stocks, dollar calm before expected US rate cut
Sep 17 2025
Stock markets and the dollar steadied as investors expected the US Federal Reserve to cut interest rates Wednesday to …
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Ben & Jerry's co-founder quits, says independence 'gone'
Sep 17 2025
The co-founder of Ben & Jerry's has resigned from the ice cream brand after saying his company known for its social …
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Nestle share price slips as chairman follows CEO out the door
Sep 17 2025
Nestle shares slipped on Wednesday after the Swiss food giant announced the earlier-than-expected departure of its …
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India's gaming fans eye illegal sites after gambling ban
Sep 17 2025
India's ban on online gambling has shuttered a billion-dollar industry serving hundreds of millions of people and …
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Asian stocks swing as traders bide time ahead of US rate decision
Sep 17 2025
Asian stock markets were mixed as investors bided their time ahead of an expected US interest rate cut on Wednesday.
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UK inflation stable ahead of central bank rate call
Sep 17 2025
British inflation was unchanged in August, official data showed Wednesday, fuelling expectations that the Bank of …
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Lower shipments to US, China weigh on Singapore August exports
Sep 17 2025
Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest …
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EU business lobby head says China rare earths snag persists
Sep 17 2025
European firms still face challenges in securing access to crucial rare earths from China, a business lobby warned …
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Broadway jeering Caesars Times Square casino bet
Sep 17 2025
The casino industry's quest to bring gambling to Manhattan faces a key test this week when an advisory panel weighs a …
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Trump extends delay on US TikTok ban until mid-December
Sep 17 2025
US President Donald Trump on Tuesday extended a delay on enforcing a ban against TikTok until December 16, marking the …
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Stocks slip, dollar down as Fed meets on rates
Sep 16 2025
Wall Street stocks ended lower on Tuesday while the dollar slid as the US Federal Reserve began a two-day meeting at …
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IEA says more oil and gas investment may be needed
Sep 16 2025
New oil and gas projects may be necessary to maintain current production levels, the IEA said Tuesday, as it is in a …
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Nestle says chairman Paul Bulcke to step down
Sep 16 2025
Nestle on Tuesday announced that its longtime chairman Paul Bulcke had decided to step down, just weeks after the Swiss …
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US Fed opens key meeting after Trump aide sworn in as governor
Sep 16 2025
The US Federal Reserve started a key interest rate meeting Tuesday, hours after Donald Trump's new appointee narrowly …
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Hollywood giants sue Chinese AI firm over copyright infringement
Sep 16 2025
Top Hollywood studios filed a federal lawsuit Monday against Chinese artificial intelligence company MiniMax, alleging …
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Thyssenkrupp says India's Jindal Steel makes bid for steel business
Sep 16 2025
India's Jindal Steel International has made an offer for Thyssenkrupp's steel division, the German company said Tuesday, …
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US retail sales beat expectations in August despite tariffs
Sep 16 2025
Retail sales in the United States were hotter than expected in August, government data showed Tuesday, although …
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Stocks diverge, dollar down as Fed meets on rates
Sep 16 2025
Wall Street stocks hit fresh record highs on Tuesday as the US Federal Reserve prepared to meet, while the dollar slid.
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Europe slow to match economic rivals US, China: Draghi
Sep 16 2025
The European Union is "failing to match the speed of change" in the United States and China and must act urgently on …
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Asian markets rise as traders prepare for expected US rate cut
Sep 16 2025
Asian stocks advanced again Tuesday to extend another record day on Wall Street as traders locked in bets on a US …
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Lower US tariffs on Japan autos kick in
Sep 16 2025
Lower US tariffs on Japanese autos kicked in on Tuesday, as a relieved Tokyo welcomed the implementation of a trade pact …
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US Senate confirms Trump aide to Fed as politics loom over rate meeting
Sep 16 2025
The US Senate on Monday narrowly cleared President Donald Trump's choice for a key role at the Federal Reserve, as the …
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Protesting Peru residents block trains to Machu Picchu
Sep 16 2025
Train services to the Inca citadel of Machu Picchu, Peru's main tourist attraction, were suspended Monday as protesting …
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Lower US tariffs on Japan autos to take effect Tuesday
Sep 15 2025
Lower US tariffs on Japanese autos are set to take effect this week, a Commerce Department notice confirmed Monday, as …
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Stocks push higher ahead of expected US rate cut
Sep 15 2025
Stock markets mostly rose Monday as traders geared up for an expected interest rate cut by the US Federal Reserve this …
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Lab-grown diamonds robbing southern Africa of riches
Sep 15 2025
Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as …
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US Senate poised to advance Trump aide's appointment at Fed
Sep 15 2025
The US Senate is due to vote late Monday on the confirmation of President Donald Trump's choice to join the Federal …
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US, China reach 'framework' deal on TikTok ownership
Sep 15 2025
The United States and China announced a "framework" deal on Monday to resolve their dispute over TikTok that calls for …
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US says 'framework' deal with China on TikTok ownership
Sep 15 2025
The United States announced Monday a "framework" deal with China to resolve their dispute over TikTok that calls for the …
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US announces 'framework' TikTok deal with China
Sep 15 2025
The United States announced Monday a "framework" deal with China to resolve their dispute over TikTok, as a deadline …
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Stocks diverge ahead of expected US rate cut
Sep 15 2025
Stock markets were mixed on Monday as traders geared up for an expected interest rate cut by the US Federal Reserve this …
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WTO fishing deal: the net results
Sep 15 2025
The World Trade Organization's agreement on fisheries subsidies -- its first environmentally focused accord -- entered …
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US 'very close' to TikTok deal with China: US Treasury chief
Sep 15 2025
The United States is "very close" to a deal with China to settle their dispute over TikTok, US Treasury Secretary Scott …
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US-China trade talks resume in Madrid
Sep 15 2025
China and the United States resumed trade talks on Monday in Madrid, seeking to narrow differences on trade and …
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German defence giant Rheinmetall to take over warship maker
Sep 15 2025
Germany's Rheinmetall has struck a deal to take over a warship builder, both companies said, the defence giant's latest …
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Markets mixed ahead of expected US rate cut
Sep 15 2025
Stock markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this …
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