Business and Economy
Food stamps, the bulwark against hunger for over 40 mn Americans
AFP - 17m ago
The ongoing budget deadlock in the United States is threatening food security of around 42 million Americans who receive …
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Wall Street stocks rebound on Amazon, Apple earnings
AFP - 37m ago
Wall Street stocks rebounded on Friday as investors welcomed strong earnings reports by Amazon and Apple.
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US Fed official backed rate pause because inflation 'too high'
AFP - 40m ago
A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because …
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Swiss central bank profits boosted by gold price surge
AFP - 45m ago
Switzerland's central bank on Friday reported a profit of 12.6 billion Swiss francs ($15.7 billion) for the first nine …
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Profits dip at ExxonMobil, Chevron on lower crude prices
AFP - 2h ago
US oil giants ExxonMobil and Chevron reported lower earnings Friday as the decline in oil prices offset the lift from …
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2,000 trucks stuck in Belarus after Lithuania closes border: association
AFP - 2h ago
Some 2,000 trucks were stranded Friday in Belarus after Lithuania closed its border in response to recent airspace …
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French lawmakers reject wealth tax proposal in budget debate
AFP - 3h ago
France's lower house on Friday rejected a wealth tax proposed by the left, which has threatened to bring down the …
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Wall Street bounces on Amazon, Apple earnings
AFP - 3h ago
Wall Street stocks moved higher on Friday as investors welcomed strong earnings reports by Amazon and Apple.
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US says 'non-market' tactics needed to counter China's rare earth dominance
AFP - 5h ago
G7 countries will have to use "non-market" tactics to curb China's dominance in rare earth production, the US energy …
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China's suspension of rare earth controls applies to EU: official
AFP - 6h ago
The EU's commissioner for trade on Friday said China's one-year suspension on its restrictions of rare earth materials …
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Italy complains about strong euro, urges ECB to cut rates
AFP - 3h ago
Italy's foreign minister called on the European Central Bank on Friday to reduce interest rates to weaken the euro, …
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AI giants turn to massive debt to finance tech race
AFP - 7h ago
Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn to borrowing to finance the expensive …
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Shein set to open first physical store in Paris
AFP - 8h ago
Controversial online fast-fashion seller Shein will open its first bricks and mortar store in the world in Paris next …
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Stocks extend losses tracking AI, Fed and trade
AFP - 1h ago
Europe and Asian stock markets mostly fell Friday at the end of a fluctuating week as traders reacted to company …
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Nvidia to supply 260,000 cutting-edge chips to South Korea
AFP - 11h ago
US tech giant Nvidia said on Friday it will supply 260,000 of its most cutting-edge chips to South Korea, as CEO Jensen …
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Asia markets diverge on heels of Apple, Amazon earnings
AFP - 3h ago
Asian stock markets presented a mixed bag on Friday, with falls in China and gains in Japan and South Korea coming after …
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Asia markets mostly up on heels of Apple, Amazon earnings
AFP - 4h ago
Asian stock markets mostly rose Friday morning, with a surge in Japanese shares coming after better-than-expected …
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Sales of 'services' help Apple beat earnings forecasts
Oct 30 2025
Apple on Thursday reported profit of $27.5 billion in the recently ended quarter, powered by iPhone and services …
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Caught between Venezuela and US, Trinidad fishermen fear the sea
Oct 30 2025
A stone's throw from Venezuela, in the eye of a political storm fueled by a US naval deployment, fishermen from the …
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Amazon shares surge as AI boom drives cloud growth
Oct 30 2025
Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail behemoth reported better …
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Stocks mostly fall as investors digest Trump-Xi talks, earnings
Oct 30 2025
Stock markets wobbled Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, mixed …
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Saudi chases AI ambitions with homegrown firm pitched to global investors
Oct 30 2025
Powered by its sovereign wealth fund of nearly $1 trillion, Saudi Arabia is backing its new AI firm Humain, entering a …
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Stocks diverge as investors digest Trump-Xi talks, earnings
Oct 30 2025
Stock markets wobbled Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, mixed …
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UN climate fund posts record year as chief defends loans
Oct 30 2025
The head of the UN's flagship climate fund has announced a record-breaking year for approving projects in vulnerable …
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G7 to launch 'alliance' countering China's critical mineral dominance
Oct 30 2025
G7 energy ministers meeting in Canada on Thursday planned to launch a new alliance to counter China's critical mineral …
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Fentanyl, beans and Ukraine: takeaways from Trump-Xi's 'great meeting'
Oct 30 2025
From a crippling trade conflict to the Ukraine war, here's what Beijing and Washington say was achieved during Donald …
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Chinese EV giant BYD says Q3 profit down 33%
Oct 30 2025
Chinese electric vehicle giant BYD said on Thursday its third-quarter profit had slumped by 33 percent year-on-year, …
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ECB holds rates steady with eurozone more resilient
Oct 30 2025
The European Central Bank kept interest rates unchanged again Thursday, saying inflation was in check and risks to the …
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Universal says struck first licensing deal for AI music
Oct 30 2025
A deal struck between Universal Music Group and AI music creation startup Udio marks a new chapter for a recording …
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Shares in Jeep-maker Stellantis slump despite rising sales
Oct 30 2025
Shares in Stellantis suffered a double-digit fall on Thursday as the US-European auto giant whose brands include Jeep, …
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Stocks slide as investors digest Trump-Xi talks, earnings
Oct 30 2025
Stock markets mostly retreated Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, …
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No GDP data released as US shutdown bites
Oct 30 2025
A US federal data blackout deepened Thursday as a government shutdown halted the release of third quarter GDP figures, …
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With inflation under control, ECB holds rates steady again
Oct 30 2025
The European Central Bank kept interest rates unchanged Thursday but warned of an "uncertain" economic outlook amid …
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Nissan says expects $1.8 bn operational loss in 2025-26
Oct 30 2025
Struggling Japanese carmaker Nissan said it expected to suffer an operating loss of 275 billion ($1.8 billion) in its …
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Italy court stalls Sicily bridge, triggers PM fury
Oct 30 2025
Italy's government said Thursday it would address concerns over a new bridge to Sicily, after Prime Minister Giorgia …
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Novo Nordisk launches bidding war with Pfizer for obesity drugmaker Metsera
Oct 30 2025
Danish pharmaceutical giant Novo Nordisk, maker of weight-loss drugs Ozempic and Wegovy, announced Thursday an …
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Stocks fall as investors eye Trump-Xi talks, earnings
Oct 30 2025
Stock markets fell Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, mixed …
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'Significant' Xi, Trump talks win cautious optimism in China
Oct 30 2025
A rare meeting between leaders Donald Trump and Xi Jinping has succeeded in temporarily stabilising US-China relations, …
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Branson's Virgin moves closer to launching Eurostar rival
Oct 30 2025
British entrepreneur Richard Branson vowed Thursday to "shake up" cross-Channel train services after regulators approved …
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Eurozone growth beats expectations in third quarter
Oct 30 2025
The eurozone economy grew faster than expected in the third quarter of 2025, official data showed Thursday, buoyed by …
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Volkswagen posts 1-billion-euro loss on tariffs, Porsche woes
Oct 30 2025
Volkswagen reported its first quarterly loss for five years Thursday, topping one billion euros, as the German auto …
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Shell's net profit jumps despite lower oil prices
Oct 30 2025
British oil and gas giant Shell on Thursday said its net profit rose 24 percent in the third quarter as trading margins …
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Asia markets fluctuate as investors examine Trump-Xi talks
Oct 30 2025
Asian stock markets fluctuated on Thursday after a high-stakes meeting between US and Chinese leaders that resulted in …
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Trump, Xi ease fight on tariffs, rare earths
Oct 30 2025
Donald Trump and Xi Jinping agreed on Thursday to calm the trade war between China and the United States that has roiled …
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Bank of Japan keeps interest rates unchanged
Oct 30 2025
The Bank of Japan kept interest rates on hold Thursday at 0.5 percent, warning of lingering economic "high …
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Asia markets fluctuate as investors mull Trump-Xi talks
Oct 30 2025
Asian stock markets fluctuated on Thursday after a high-stakes meeting between US and Chinese leaders that resulted in …
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Fentanyl, beans and Ukraine: Trump hails 'success' in talks with Xi
Oct 30 2025
A beaming US President Donald Trump hailed his "great success" in talks with Chinese President Xi Jinping in the South …
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G7 meets on countering China's critical mineral dominance
Oct 30 2025
Curbing China's critical mineral dominance will top the agenda at a G7 energy ministers meeting in Canada on Thursday, …
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Trump hails tariff, rare earth deal with Xi
Oct 30 2025
US President Donald Trump called the meeting Thursday with China's Xi Jinping a "great success", after the world's top …
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Trump, Xi talks wrap up with outcome unclear
Oct 30 2025
Crunch talks between US President Donald Trump and China's Xi Jinping focused on their trade war wrapped up in under two …
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US economy in the dark as government shutdown cuts off crucial data
Oct 30 2025
US policymakers, financial institutions and business owners have been flying blind for almost a month as a government …
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Trade truce in balance as Trump meets 'tough negotiator' Xi
Oct 30 2025
US President Donald Trump and China's leader Xi Jinping opened on Thursday their first face-to-face meeting in six …
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With inflation under control, ECB to hold rates steady again
Oct 30 2025
The European Central Bank is expected to keep interest rates unchanged for its third straight meeting Thursday with …
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Asia stocks muted with all eyes on Trump-Xi meeting
Oct 30 2025
Asian stocks were subdued Thursday morning, with investors closely watching talks between the leaders of the United …
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Samsung posts 32% profit rise on-year in third quarter
Oct 30 2025
South Korean tech giant Samsung Electronics posted on Thursday a 32 percent rise in profits on-year for the third …
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Trump orders nuclear testing resumption ahead of Xi talks
Oct 30 2025
President Donald Trump announced Thursday the resumption of US nuclear weapons testing, minutes ahead of his first …
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'Utter madness': NZ farmers agree dairy sale to French group
Oct 30 2025
Farmers who own New Zealand dairy cooperative Fonterra voted Thursday to sell its consumer business to French group …
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Taxes, labor laws, pensions: what Milei wants to do next
Oct 30 2025
Boosted by his victory in mid-term elections, Argentina's libertarian President Javier Milei is preparing to forge ahead …
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Trump, Xi to meet seeking truce in damaging trade war
Oct 30 2025
Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on Thursday, with the US …
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Google parent Alphabet posts first $100 bn quarter as AI fuels growth
Oct 29 2025
Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth …
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Boeing reports $5.4 bn loss on large hit from 777X aircraft delays
Oct 29 2025
Boeing on Wednesday reported a third-quarter loss of $5.4 billion as massive added costs from the delayed certification …
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Meta shares sink as $16 bn US tax charge tanks profit
Oct 29 2025
Meta shares dove more than eight percent in after-hours trading Wednesday after the tech giant reported a US tax charge …
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Divided US Fed backs second quarter-point rate cut of 2025
Oct 29 2025
The US Federal Reserve on Wednesday announced its second quarter-point rate cut in a row to bolster the flagging labor …
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Dollar rises after Fed chair says December rate cut not a given
Oct 29 2025
The dollar strengthened Wednesday while Wall Street stocks were mixed after the Federal Reserve indicated its latest …
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Google parent Alphabet posts first $100 bn quarter as AI drives growth
Oct 29 2025
Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth …
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Uber plans San Francisco robotaxis in Waymo challenge
Oct 29 2025
Uber said Wednesday it will launch its own robotaxi service in San Francisco late next year, taking on Google-owned …
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S. African president eyes better US tariff deal 'soon'
Oct 29 2025
South African President Cyril Ramaphosa said Wednesday that his country has advanced to "text-based" negotiations with …
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US media mogul John Malone to step down as head of business empire
Oct 29 2025
Billionaire media and telecoms tycoon John Malone will step down as chairman of his multinational companies Liberty …
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Stocks extend record run as trade, AI dominates
Oct 29 2025
Stock markets hit record highs Wednesday thanks to optimism over US trade deals, the AI sector and an expected …
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AI chip giant Nvidia becomes world's first $5 trillion company
Oct 29 2025
AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors remain confident that …
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Markets extend record run as trade dominates
Oct 29 2025
Stock markets hit record highs Wednesday thanks to optimism over US trade deals, the AI sector and an expected …
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US Fed on track to cut rates again in penultimate decision of 2025
Oct 29 2025
The US Federal Reserve is almost certain to cut interest rates for a second straight meeting on Wednesday, and could …
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EU seeks 'urgent solutions' with China over chipmaker Nexperia
Oct 29 2025
The EU said Wednesday it is seeking a swift resolution to a Chinese curb on chip exports linked to a row with the …
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Spain's Santander bank posts record profit
Oct 29 2025
Spanish banking giant Santander reported record profits on Wednesday for the first nine months of 2025, buoyed by strong …
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Chemicals firm BASF urges EU to cut red tape as profit dips
Oct 29 2025
The boss of German chemicals giant BASF on Wednesday called for the European Union to relax carbon trading rules, as the …
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Trump expects 'great meeting' with Xi
Oct 29 2025
US President Donald Trump voiced optimism Wednesday on the eve of crunch trade talks with China's Xi Jinping, while also …
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Mercedes-Benz reassures on Nexperia chips as profit plunges
Oct 29 2025
German premium carmaker Mercedes-Benz sought to reassure investors Wednesday over a feared shortage of microchips as it …
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Asia stocks join Wall Street records as tech bull run quickens
Oct 29 2025
Asian stock markets surged on Wednesday, matching record gains on Wall Street the previous day as investor confidence in …
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UK drugmaker GSK lifts 2025 guidance despite US tariffs
Oct 29 2025
British pharmaceutical group GSK on Wednesday raised its full-year outlook after strong sales growth in its third …
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Mercedes-Benz profit plunges on China slump and US tariffs
Oct 29 2025
German premium carmaker Mercedes-Benz reported plunging third-quarter profit Wednesday, hit by weak sales in China as …
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Norway's energy giant Equinor falls into loss
Oct 29 2025
Norwegian energy giant Equinor said Wednesday it suffered a net loss in the third quarter as it lowered its outlook for …
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Record potato harvest is no boon in fries-mad Belgium
Oct 29 2025
Fries powerhouse Belgium is in for a record potato harvest this year -- but that's hardly cause for celebration for …
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Deutsche Bank posts record profit on strong trading
Oct 29 2025
Germany's largest bank Deutsche Bank posted record third-quarter profit Wednesday and beat expectations, boosted by a …
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UBS beats expectations as claws backs provisions
Oct 29 2025
Swiss banking giant UBS reported third-quarter earnings that beat analyst expectations, thanks in part to clawing back …
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Trump expects 'great meeting' with Xi in South Korea
Oct 29 2025
US President Donald Trump said on Wednesday he expected a "lot of problems" to be solved with Chinese leader Xi Jinping …
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NZ raids shipping insurer over alleged sanctions busting
Oct 29 2025
New Zealand police raided a shipping insurer's offices over allegations it offered cover to tankers breaking Russian …
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As US blows up drug boats, Venezuelan oil sets sail
Oct 29 2025
While the American military blows up boats it claims are transporting drugs from Venezuela, observers say tankers …
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Trump heads to South Korea with all eyes on Xi meeting
Oct 29 2025
US President Donald Trump headed Wednesday for South Korea, where a key meeting with Chinese leader Xi Jinping could …
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Microsoft holds 27% of OpenAI in revamped partnership
Oct 28 2025
Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence (AI) partnership, …
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Wall Street record rally rolls on
Oct 28 2025
Wall Street stocks rose to fresh records again Tuesday as a jump in Nvidia shares added to bullishness over easing trade …
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Uber partners with Nvidia to deploy 100,000 robotaxis
Oct 28 2025
Uber and Nvidia on Tuesday announced an alliance to deploy 100,000 robotaxis starting in 2027.
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Apple ordered to pay French operators 39 mn euros over iPhone sales
Oct 28 2025
A French court has ordered Apple to pay around 39 million euros ($45 million) to mobile network operators over …
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Why are stock markets hitting record highs?
Oct 28 2025
Why have stock markets around the world -- from Wall Street to Tokyo and from Paris to Seoul, been striking record highs …
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Berlin says Rosneft subsidiaries not impacted by US sanctions
Oct 28 2025
US sanctions targeting Rosneft will not impact the Russian oil giant's German subsidiaries, the German government told …
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Musk launches Grokipedia to rival 'left-biased' Wikipedia
Oct 28 2025
Elon Musk's company xAI has launched a website called Grokipedia to compete with online encyclopedia Wikipedia, which he …
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Takaichi, Trump swap praise for 'new golden age' of ties
Oct 28 2025
Japan's new premier Sanae Takaichi lavished US leader Donald Trump with praise and vows of a "golden age" of ties on his …
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Amazon cuts staff by 14,000
Oct 28 2025
US online retail and cloud computing giant Amazon said Tuesday that it is reducing its workforce by 14,000 posts to …
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Stocks retreat after Wall Street surge
Oct 28 2025
Major European and Asian stock markets mostly fell Tuesday as they waited for further developments after Wall Street …
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European court clears Norway of climate misconduct over oil licences
Oct 28 2025
The European Court of Human Rights said Tuesday that Norway did not breach its climate obligations when it awarded …
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Asian markets cool as Trump hails ties on Japan trip
Oct 28 2025
Asian markets cooled off Tuesday after the previous day's surge as traders digested Donald Trump's visit to Asian ally …
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HSBC profit falls in third quarter, hit by legal woes
Oct 28 2025
HSBC reported a 14 percent drop in third-quarter pre-tax profit on Tuesday, with the banking giant's bottom line weighed …
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Meta and TikTok to obey Australia under-16 social media ban
Oct 28 2025
Tech giants Meta and TikTok said Tuesday they will obey Australia's under-16 social media ban but warned the landmark …
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