Business and Economy
US tariffs prompt Toyota profit warning
AFP - 15m ago
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent.
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China exports top forecasts as EU, ASEAN shipments offset US drop
AFP - 55m ago
China's exports rose more than expected last month, with official data on Thursday showing a jump in shipments to the …
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Higher US tariffs take effect on dozens of economies
AFP - 2h ago
Higher US tariffs came into effect for dozens of economies Thursday, drastically raising the stakes in President Donald …
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China says trade jumped in July, beating forecasts
AFP - 1h ago
China's exports beat expectations and rose 7.2 percent year-on-year in July, official data showed Thursday, as overseas …
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Sony hikes profit forecasts after strong quarter for games
AFP - 2h ago
PlayStation-maker Sony raised its annual profit forecasts on Thursday, citing strong performance in its key gaming …
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Markets rise as Trump chip exemptions boost tech giants
AFP - 3h ago
Asian equities rose Thursday, with big-name chip firms making big gains after Donald Trump said those investing in the …
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United Airlines flights grounded in the US
AFP - 4h ago
Thousands of US air passengers were facing delays Wednesday after United Airlines halted many departures in the wake of …
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Apple to invest additional $100 bn in US
AFP - 4h ago
Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next …
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Mexican authorities accuse Adidas of cultural appropriation
AFP - 4h ago
Officials in the southern Mexico state of Oaxaca accused sportswear giant Adidas of cultural appropriation after the …
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Trump's 'dividend' promise for Americans leaves open questions
AFP - 5h ago
If Donald Trump is to be believed, millions of Americans could receive a financial slice of the fortunes generated by …
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For Argentine farmers, Milei's free-market reforms fall short
AFP - 5h ago
Twenty months after Argentina's President Javier Milei came to power vowing to lead a free-market revolution in the …
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Bank of England set to cut rate as UK economy weakens
AFP - 5h ago
The Bank of England is widely expected to cut its key interest rate Thursday, with policymakers mindful of US tariffs …
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Trump hikes India levy over Russian oil as tariff deadline looms
AFP - 2h ago
US President Donald Trump on Wednesday ordered steeper tariffs on Indian goods over New Delhi's continued purchase of …
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Stocks higher with eyes on earnings, US tariff deadline
Aug 06 2025
Wall Street stocks rebounded Wednesday led by Apple and other large tech companies as markets largely shrugged off US …
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Major climate-GDP study under review after facing challenge
Aug 06 2025
A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash …
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Trump hikes India levy over Russian oil as tariff deadline approaches
Aug 06 2025
US President Donald Trump on Wednesday ordered steeper tariffs on Indian goods over New Delhi's continued purchase of …
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US government gets a year of ChatGPT Enterprise for $1
Aug 06 2025
OpenAI on Wednesday said it was letting the US government use a version of ChatGPT designed for businesses for a year, …
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Brazil seeks WTO relief against Trump tariffs
Aug 06 2025
Brazil on Wednesday approached the World Trade Organization (WTO) for relief against a hefty trade tariff imposed by …
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Swiss president hopes Washington talks avert surprise tariff
Aug 06 2025
Switzerland's president held last-gasp talks Wednesday with the US secretary of state after rushing to Washington to …
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McDonald's sees US rebound but says low-income diners remain stressed
Aug 06 2025
McDonald's profits rose in the second quarter behind a rebound in US sales but executives said Wednesday that low-income …
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Hong Kong's Cathay Pacific unveils deal to buy 14 Boeing jets
Aug 06 2025
Hong Kong carrier Cathay Pacific said on Wednesday it would place a US$8.1 billion order for 14 Boeing jets, its first …
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Swiss president to meet Rubio as surprise tariff hike looms
Aug 06 2025
Switzerland's president met with her country's business representatives Wednesday in Washington -- ahead of scheduled …
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Italy approves plans for world's longest suspension bridge
Aug 06 2025
Italy's government on Wednesday approved a controversial 13.5-billion-euro ($15.6-billion) project to build what would …
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Stocks tick up with eyes on earnings, US tariff deadline
Aug 06 2025
Stock markets edged higher Wednesday as traders assessed the latest corporate earnings and awaited President Donald …
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Berlin wary as Berlusconi group closer to German media takeover
Aug 06 2025
An Italian media group majority-owned by late leader Silvio Berlusconi's family moved closer to taking over a German …
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Ozempic maker Novo Nordisk posts strong results but competition weighs
Aug 06 2025
Danish pharmaceutical giant Novo Nordisk posted a sharp rise in second-quarter net profit Wednesday, but rising …
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German broadcast giant backs takeover by Berlusconi group
Aug 06 2025
German broadcasting giant ProSiebenSat.1 recommended Wednesday that its shareholders accept an improved takeover offer …
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Natural disasters caused $135 bn in economic losses in first half of 2025: Swiss Re
Aug 06 2025
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles …
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German factory orders fall amid tariff, growth woes
Aug 06 2025
German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe's biggest economy …
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UK watchdog bans Zara ads over 'unhealthily thin' model photos
Aug 06 2025
Britain's advertising regulator on Wednesday banned two adverts by Spanish clothing group Zara for featuring models that …
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Markets tick up but traders wary as Trump tariffs temper rate hopes
Aug 06 2025
Asian equities edged higher Wednesday as traders weighed Donald Trump's trade war and fresh data that indicated further …
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Taiwan's orchid growers dig in as US tariffs shoot up
Aug 06 2025
Since the start of US President Donald Trump's global trade war, Taiwanese orchid grower Lee Tsang-yu has watched …
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Markets tick higher but traders wary as Trump tariffs temper rate hopes
Aug 06 2025
Asian equities edged higher Wednesday as traders weigh Donald Trump's trade war and fresh data that indicated further …
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Steeper US tariffs take effect on many Brazilian goods
Aug 06 2025
US tariffs on many Brazilian products surged Wednesday, as President Donald Trump moved ahead with a pressure campaign …
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'Not backing down': activists block hydro plants in N.Macedonia
Aug 06 2025
Deep in the rugged forests of North Macedonia, small-hydropower developers are facing off with activists who warn that a …
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Investors walk fine line as Trump tariffs temper rate hopes
Aug 06 2025
Asian investors trod warily Wednesday amid lingering uncertainty over Donald Trump's trade war, while another round of …
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Trump targets tariff evasion, with eye on China
Aug 06 2025
As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting …
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Swiss president rushes to US to avert steep tariffs
Aug 05 2025
Switzerland's president was in Washington on Tuesday in a last-minute push to stop steep new tariffs, but with no …
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Trump says pharma, chips tariffs incoming as trade war widens
Aug 05 2025
US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be …
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Wall Street stocks end lower as rally peters out
Aug 05 2025
Wall Street stocks fell Tuesday as a rally ran out of steam following lackluster economic data, while investors monitor …
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Czech driverless train hits open track
Aug 05 2025
A rail line linking two northern Czech towns is testing Europe's first driverless train operating in an open …
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US trade gap shrinks on imports retreat as tariffs fuel worries
Aug 05 2025
The US trade gap narrowed in June, government data showed Tuesday, as imports pulled back more than exports while …
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Plastic pollution treaty talks open with 'global crisis' warning
Aug 05 2025
The 184 countries gathering to forge a landmark treaty on combating plastic pollution were told Tuesday they must find a …
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US data deflates stocks rebound
Aug 05 2025
A stock market rebound lost traction on Tuesday after data showed inflation gathering steam in the US, complicating the …
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Trump signals tariffs on pharma, chips as trade war widens
Aug 05 2025
US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be …
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Stocks higher on US Fed rate cuts bets
Aug 05 2025
Global stock markets rose Tuesday as investors grew increasingly confident that the US Federal Reserve will cut interest …
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German car sales jump in July but market still weak
Aug 05 2025
New car sales in Germany posted a big rise in July, official data showed Tuesday, but analysts warned against sounding …
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Guinness owner Diageo ups savings as US tariffs hit
Aug 05 2025
Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised …
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Stocks climb tracking tariffs, US Fed
Aug 05 2025
European and Asian stock markets rose Tuesday as tariff threats eased and as investors grow increasingly confident that …
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UN starts new bid to forge plastics treaty amid 'global crisis'
Aug 05 2025
Nations must resolve the global plastics crisis, the head of UN talks told negotiators from 180 countries gathered in …
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Oil giant BP surprises with better than expected earnings
Aug 05 2025
Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and …
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Asian markets track Wall St rally on Fed rate cut bets
Aug 05 2025
Stock markets rose Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next …
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Oil giant BP returns to profit in second quarter
Aug 05 2025
British energy group BP on Tuesday posted a net profit for the second quarter, in contrast to weaker results from energy …
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Saudi Aramco profit drops for 10th straight quarter
Aug 05 2025
Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit …
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Saudi Aramco profit drops 22 percent on lower prices
Aug 05 2025
Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices …
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Gen Z shift, high costs force UK nightclubs to reinvent
Aug 05 2025
Is the party over? UK nightclubs are famed around the world, but Covid and inflation have hit the sector hard, forcing …
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Dutch windmill village churned by overtourism debate
Aug 05 2025
With its historic windmills and gabled wooden houses nestling by a meandering river, the picture-perfect and …
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Water shortages spell trouble on Turkey's tourist coast
Aug 05 2025
Ali Alyanak and his neighbours in Turkey's tourist hub Izmir now have to draw water from a shrinking aquifer 170 metres …
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Malaysia tycoon pleads guilty in Singapore to abetting obstruction of justice
Aug 05 2025
A Malaysian hotel tycoon who helped bring Formula One to Singapore pleaded guilty there Monday to abetting the …
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Stocks mostly rebound on US interest rate cut bets
Aug 04 2025
Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the …
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Boeing defense workers launch strike over contract dispute
Aug 04 2025
Thousands of members of a union representing Boeing defense industry workers in the US states of Missouri and Illinois …
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Trump says to name new labor statistics chief this week
Aug 04 2025
US President Donald Trump said Monday that he would pick an "exceptional replacement" for his labor statistics chief, …
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Swiss eye 'more attractive' offer for Trump after tariff shock
Aug 04 2025
Switzerland said on Monday it was ready to make a better offer to the United States to avoid steep tariffs that have …
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Stocks rebound on US rate cut bets
Aug 04 2025
Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the …
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Tesla approves $29 bn in shares to Musk as court case rumbles on
Aug 04 2025
Tesla announced an "interim" compensation award worth about $29 billion for Elon Musk on Monday, asserting the need to …
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Jordan sees tourism slump over Gaza war
Aug 04 2025
Jordan has seen a decrease in the number of tourists visiting its famed ancient city of Petra and other sites since the …
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Trump says will name new economics data official this week
Aug 04 2025
US President Donald Trump said Monday that he would pick an "exceptional replacement" to his labor statistics chief -- …
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China's Baidu to deploy robotaxis on rideshare app Lyft
Aug 04 2025
Chinese internet giant Baidu plans to launch its robotaxis on rideshare app Lyft in Germany and Britain in 2026, pending …
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Stocks mostly rise as traders boost US rate cut bets
Aug 04 2025
Most stock markets bounced on Monday as hopes for US interest rate cuts rose following a sharp slowdown in jobs growth …
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S.Africa eyes new markets after US tariffs: president
Aug 04 2025
South Africa is seeking new markets in Africa and Asia as it negotiates with the United States over looming 30-percent …
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BP makes largest oil, gas discovery in 25 years off Brazil
Aug 04 2025
Britain's BP announced Monday it made its biggest oil and gas discovery in 25 years off the coast of Brazil, as it …
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Tycoon who brought F1 to Singapore pleads guilty in graft case
Aug 04 2025
A Malaysian hotel tycoon who helped bring Formula One to Singapore pleaded guilty Monday to abetting the obstruction of …
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Italy fines fast-fashion giant Shein for 'green' claims
Aug 04 2025
Italy's competition watchdog said Monday it has fined the company responsible for Shein's websites in Europe one million …
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Shares in UK banks jump after car loan court ruling
Aug 04 2025
Shares in British banks rose on Monday after the country's top court spared the sector from the worst of feared …
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Most markets rise as traders US data boosts rate cut bets
Aug 04 2025
Most stock markets bounced on Monday as the chances of US interest rate cuts following a big miss on US jobs creation …
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Most markets rise as traders weigh tariffs, US jobs
Aug 04 2025
Most stock markets bounced on Monday as the chances of US interest rate cuts following a big miss on US jobs creation …
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Tourism boom sparks backlash in historic heart of Athens
Aug 04 2025
Surrounded by a hubbub of blaring music, restaurant terraces and rumbling suitcase wheels slaloming between overflowing …
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Rwanda bees being wiped out by pesticides
Aug 04 2025
The use of pesticides in East Africa, some sold by European firms despite being banned in the EU, is killing off bees in …
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Asian markets fluctuate as traders weigh tariffs, US jobs
Aug 04 2025
Asian markets flitted between gains and losses Monday as investors continued to digest last week's tariff blitz by …
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Italy's fast fashion hub becomes Chinese mafia battlefield
Aug 04 2025
When Zhang Dayong lay in a pool of blood on a sidewalk in Rome after being shot six times, few suspected a link to …
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AI search pushing an already weakened media ecosystem to the brink
Aug 04 2025
Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving …
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UK lenders face $12 bn plus compensation bill despite court ruling: watchdog
Aug 04 2025
British finance firms behind high interest car loans could have to pay out more than nine billion pounds ($12 billion) …
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US trade advisor says Trump tariff rates unlikely to change
Aug 03 2025
New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said …
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Eight OPEC+ countries raise production by 547,000 bpd
Aug 03 2025
Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 …
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OPEC+ slated to increase oil output in bid to regain market share
Aug 03 2025
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a …
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Rescuers recover body of trapped worker at Chile copper mine
Aug 02 2025
One of five miners trapped after a partial collapse at the world's largest underground copper mine has been found dead, …
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Turkey starts supplying Azerbaijani gas to boost Syria's power output
Aug 02 2025
Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was ravaged by civil …
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Search intensifies for five trapped in giant Chile copper mine
Aug 02 2025
Rescue teams in Chile searched Friday for five miners trapped after a partial collapse triggered by a tremor killed one …
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Trump orders firing of US official as cracks emerge in jobs market
Aug 01 2025
President Donald Trump said Friday he has ordered the firing of a key economic official, accusing her of manipulating …
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Sensible and steely: how Mexico's Sheinbaum has dealt with Trump
Aug 01 2025
A combination of tact and tenacity is credited for Mexican President Claudia Sheinbaum's successful dealings with US …
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World economies reel from Trump's tariffs punch
Aug 01 2025
Global markets reeled Friday after President Donald Trump's tariffs barrage against nearly all US trading partners as …
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US Fed governor to resign early at critical time for central bank
Aug 01 2025
US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a …
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Brazilians burn Trump effigies as tariffs spark anger
Aug 01 2025
Brazilians set fire to effigies of Donald Trump in protests across several cities Friday, denouncing the US president's …
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Global stocks fall sharply on weak US job data, Trump tariffs
Aug 01 2025
Stock markets dived Friday following weak US jobs data that raised doubts about the world's biggest economy as President …
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Exxon, Chevron turn page on legal fight as profits slip
Aug 01 2025
Lower crude prices dented profits at ExxonMobil and Chevron as the companies signaled Friday they are moving past a …
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Stocks sink on Trump tariffs, US jobs data
Aug 01 2025
Stock markets dived Friday after US President Donald Trump announced tariffs on dozens of trading partners and weak US …
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Brewed awakening: German beer sales lowest on record
Aug 01 2025
It is news that will leave brewers feeling flat -- German beer sales hit their lowest level in the first half of the …
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Musk's X accuses Britain of online safety 'overreach'
Aug 01 2025
Elon Musk-owned social network X on Friday accused Britain's government of "overreach" with a new law designed to …
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Senegal PM unveils economic recovery plan based on domestic resources
Aug 01 2025
Senegal's prime minister unveiled an economic recovery plan for the highly indebted nation on Friday, focused on …
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Cracks emerge in US jobs market as Fed officials sound warning
Aug 01 2025
The US employment market is showing weakness as companies grappled with President Donald Trump's sweeping tariffs, …
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Swiss will try to negotiate way out of stiff US tariffs
Aug 01 2025
The Swiss government said Friday it would negotiate with the United States to try to avoid the tough 39-percent US …
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US job growth weaker than expected in July as unemployment rises
Aug 01 2025
US job growth missed expectations in July, government data showed Friday, while revisions to hiring figures in recent …
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