AFP

AFP

Apple to hike investment in US to $600bn over four years

AFP|Published

Apple's commitment to invest an additional $100 billion in the US brings its total pledge to $600 billion over four years, a move that could reshape the tech landscape ...

Brazil vows to fight Trump tariff 'injustice'

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Finance Minister Fernando Haddad said the tariffs announced Wednesday were "more favorable" than expected, with several key export products exempted.

Puppet ban in Indonesian capital threatens buskers

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Performances featuring the puppets -- originally used by Jakarta's Betawi people to ward off evil spirits -- will be allowed only at set events.

US tech titan earnings rise on AI as economy roils

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Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters ...

Nintendo quarterly revenue surges thanks to Switch 2

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Pent-up demand for the new gadget from the "Super Mario" gamemaker fuelled fan excitement at the release, which saw sold-out pre-orders and midnight store openings. ...

Trump signs order to impose higher tariffs on dozens of economies

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The order set out tariffs on imports that ranged as high as 41 percent on Syria, alongside various levels reflecting trade deals struck between Washington and major ...

SA farmers on the frontline of US tariff hikes

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More than 70 percent of arable land is still in the hands of the white minority decades after the end of apartheid, according to the latest figures from 2017, and ...

Trump says tariffs are making US 'great and rich' again

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Trump also announced crippling 50 percent tariffs on Brazil and a 25 percent levy on Indian exports, while warning Canada it would face trade repercussions for planning ...

US Fed holds firm against Trump pressure as divisions emerge

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In announcing its decision Wednesday, the Fed cited a moderation in economic activity in the first half of the year and "solid" labor market conditions.

Jeep owner Stellantis says it has turned corner

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Despite facing a €1. 5 billion hit from US tariffs, Stellantis, the owner of Jeep, forecasts a rebound in sales and profitability in the second half of the year

Barclays bank profit jumps on US tariffs volatility

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Discover how Barclays bank capitalised on market volatility driven by US tariffs, reporting a remarkable 34% profit increase in the second quarter.

Small businesses warn of Trump tariff impact on toy industry at Comic-Con

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Toy companies have been fretting about the impact of Trump's global tariff blitz on the industry, particularly when it comes to China.

Cognac maker Remy Cointreau lifts guidance after China deal

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A major reason behind the improvement is the agreement earlier this month by European brandy exporters to raise prices in China to avoid anti-dumping duties, ending ...

New cryptocurrency may be aiding Russia to dodge sanctions

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Multiple rounds of international sanctions have been imposed on Moscow since its February 2022 invasion of Ukraine seeking to ramp up economic pressure to halt the ...

Nestle struggles amid weak China market

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Nestle's net profit falls sharply as the Swiss food giant grapples with sluggish consumer spending in China, raising concerns about its future growth. Discover how ...

Who makes laundry smell nice? Meet the professional 'noses'

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These busy heroes of the world of smells and aromas shape the connection millions of consumers have with everyday items.

The Pacific island nation that wants to mine the ocean floor

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Fringed by sparkling lagoons and palm-shaded beaches, Pacific nation the Cook Islands has opened its vast ocean territory for mining exploration.

Trump announces 'massive' Japan trade deal

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In an attempt to slash his country's colossal trade deficit, the US president has vowed to hit dozens of countries with punitive "reciprocal" tariffs if they do ...

Mozambique nears deal to revive Total’s $20 billion LNG plan

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As Mozambique's President Daniel Chapo nears a deal with TotalEnergies to restart a $20 billion LNG project, can the nation overcome its security challenges?

World's major courts take growing role in climate fight

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Almost 3,000 climate cases have been filed up to the end of 2024, in nearly 60 countries, according to the Grantham Research Institute, using data compiled by the ...

BP appoints new chairman after energy strategy reset

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Manifold will take the role at a challenging time for BP, following a difficult trading year and pressure from investors to boost its share price.

G20 nations agree central bank independence 'crucial'

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In a significant move, G20 finance ministers emphasise the need for central bank independence, countering US President Trump's ongoing criticisms of Federal Reserve ...

US Congress approves $9 bn in Trump cuts to foreign aid, public media

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The cuts achieve only a tiny fraction of the $1 trillion in annual savings that tech billionaire and estranged Trump donor Elon Musk vowed to find before his acrimonious ...

China mulls economy-boosting measures to counter 'severe situation'

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Retail sales rose far less than expected last month and were much weaker than May, suggesting efforts to kickstart consumption have fallen flat.

Swatch profits plunge on weak China sales

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Swatch Group's profitability takes a hit as weak sales in China overshadow growth in other regions, with net sales falling 11. 2% and profits plunging 88%. The company ...