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Australia regulator to ramp up focus on protecting consumer savings




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Argentina wants regional trade pact with Japan: official

TOKYO -- Argentina would support an economic partnership agreement between the South American trade bloc Mercosur and Japan, an official at the Economy Ministry said, touting the South American country as an investment destination for energy and other industries. "Japan is one of the biggest…




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Yuan Funding Demand Rises on Bearish Bets, Intervention Fear




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Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion

Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder…




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Exclusive-China's Zeekr to take control of sister brand Lynk, sources say

In This Article: HONG KONG/SHANGHAI (Reuters) - Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said. The move is part of efforts by Geely Holding, which is the parent…




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Typhoon Usagi to Hit the Philippines, Latest in String of Storms




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French prosecutors demand Marine Le Pen be barred from office in fake jobs trial

If granted by the court, the ban would exclude the leader of National Rally from running in France's 2027 presidential election.




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China's president will unveil a megaport in Peru, but locals say they're being left out

A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco




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VanEck launches exchange-traded Sui offering in Europe




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TSMC confirms 'unexploded ordnance' removed from wafer fab construction site

TSMC confirms 'unexploded ordnance' removed from wafer fab construction site Probably a relic of a Japanese WWII naval site TSMC has confirmed that workers were evacuated from one of its construction sites in Taiwan after discovery of an unexploded bomb. "Regarding the suspected unexploded…




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Russia Has High Inflation and a Shrinking GDP. How Ukraine Fits In




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Aussie law firm takes Woolworths, Coles to court over discount claims

Australian law firm Gerard Malouf & Partners on Thursday said it had filed class action lawsuits against the country's top two retailers, Woolworths and Coles , for allegedly encouraging misleading discount claims on everyday products.




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EUROPE No end in sight for Trump-fuelled trade

A look at the day ahead in European and global markets from Rae Wee




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Trump’s Department of Government Efficiency will ironically require two men to run it

The incoming Trump administration’s solution to government spending is a new Department of Government Efficiency led by co-department chiefs: the world’s richest man and Trump’s former political opponent. But while on the surface the plan to cut government spending seems simple, the “department,”…




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France furious as Azerbaijan leader accuses it of colonial ‘crimes’ at COP29

President Ilham Aliyev, who is hosting the COP29 UN climate talks, drew loud applause from delegates of some Pacific island nations after a combative speech targeting France's handling of its overseas territories.




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Scholz fields new European policy chief for upcoming summits

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Resolute Shares Suspended After Mali Demands $160 Million




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Trump Whale Scores $85 Million Windfall on Election




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Aussie law firm takes Woolworths, Coles to court over dodgy discount claims

Australian law firm Gerard Malouf & Partners on Thursday said it had filed class action lawsuits against the country's top two retailers, Woolworths and Coles, for allegedly encouraging misleading discount claims on everyday products. The two supermarket giants are currently in court, sued by the…




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The founder-CEO of Xiaomi is taking a leaf out of Elon Musk's Tesla playbook, posting a picture of himself taking a nap on the factory floor

Xiaomi CEO Lei Jun said in an X post on Tuesday that the company had produced 100,000 Xiaomi SU7 electric vehicles in 230 days. Luna Lin/AFP via Getty Images Xiaomi CEO Lei Jun posted a photo of himself sleeping on the factory floor. Lei was celebrating an EV production milestone — 100,000 units…




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Wounded Russian troops had their medical payouts cut back in one swift move from the Kremlin

Russian leader Vladimir Putin signed a decree on Wednesday limiting a $30,000 payout to injured soldiers based on the severity of their wounds. MIKHAIL METZEL/SPUTNIK/AFP via Getty Images Russia enacted a new decree on Wednesday that limits payouts for injured soldiers based on their…




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No Politician Can Halt Wave of Climate Investment, Kerry Says




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S&D to block Fitto and Várhelyi, blaming Weber’s actions

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Germany instructs terminal to refuse Russian LNG shipment

The German Economy Ministry instructed the state-controlled Deutsche Energy Terminal to turn away any shipments of liquified natural gas (LNG) coming from Russia, the Financial Times reported on Thurs...




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Saudi Wealth Fund Ramps Up Stock Sales to Support Spending Plans

Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the latest step in its efforts to raise cash for the government’s economic transformation plan. Most Read from Bloomberg The Public Investment Fund sold 100 million shares in Saudi…




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The ASP of high-end AI chips from Nvidia and others is ~5x more than that of conventional memory chips, resulting in a winner-takes-all trend in the chip sector




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Swedish PM refuses ‘Trump-proofing’ talks with parties ahead of Trump call

“I don't understand what they mean. We have forums for this."




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How This Simple Tool Helped Jensen Huang Build Nvidia Into the King of AI




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EON Boosts Power-Grid Spending by 20% as Europe Electrifies




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Siemens Sees Data Center Boom Helping Offset Automation Slump




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Merck KGaA Beats Estimates on Boost From Life Science Unit




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Shell’s successful appeal will not end climate lawsuits against firms, say experts

Dutch appeal court ruled in favour of oil and gas company over judgment telling it to limit emissions A court ruling in favour of Shell does not spell the end of climate litigation against companies, legal experts have said. The oil and gas company celebrated on Tuesday when it won an appeal…




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EU Infighting Risks Delaying Formation of Team to Face Trump




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Meloni silent as Mattarella slams Musk’s ‘intervention’ in Italian affairs

Italian Prime Minister Giorgia Meloni has kept quiet on Elon Musk’s recent comments criticising Italian judges for again blocking Meloni’s migrant transfer policy with Albania, while President Sergio Mattarella responded to the billionaire, calling for respecting Italy’s sovereignty. Commenting on…




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StanChart Loses Four Financing Bankers in India Amid Revamp




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Just Eat Takeaway sells Grubhub for $650m to Marc Lore-backed startup

After four years abroad, Grubhub is coming back home. Netherlands-based Just Eat Takeaway will sell the food delivery service to billionaire entrepreneur Marc Lore’s restaurant startup Wonder in a deal worth $650 million. Just like the lukewarm food it sometimes delivers, Grubhub’s performance in…




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Saudi Arabia is trying to build a mega-city in the desert. Now, Neom is dialing back plans for its first stage

Neom is scaling back its ambitious plans as costs swell. Neom Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 World Cup and a winter sports resort. The new city faces financial challenges, leadership changes, and…




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Don’t be a deer in Trump’s headlights, EU foreign chief warns MEPs

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Poland hails opening of US missile base as sign of its security

The opening comes amid a nervous reaction among some NATO members to the election of Trump, who has vowed not to defend countries that do not spend enough on defence.




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Filing: FTX co-founder Gary Wang, due for sentencing on Nov. 20, built “tools” to help the US government detect potential fraud in the stock and crypto markets




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Lula’s Embrace of Xi Sets Up a Clash Over Trump’s China Policy




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Asia-Pacific markets mixed after U.S. inflation report reinforces Fed rate cut expectations

Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI came in line with expectations, accelerating slightly to an annual inflation rate of 2.6%. Core CPI, which straps out…




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ASML Upholds 2030 Sales Forecast in Bet on AI-Driven Demand




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Romania approves purchase of 32 F-35s

Romanian senators on Wednesday gave final approval to a bill authorising contracts to purchase the world's most advanced fighter aircraft, the F-35, with the first delivery expected in 2031. In this case, the Senate is the decision-making body, and the law now goes to the president for…




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Britain's motor finance industry is in crisis – with banks bracing for billions in payouts

Britain's motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country's costliest consumer banking scandal. The burgeoning crisis stems back to a landmark judgement from the U.K.'s Court of Appeal in late October, when the court ruled it…




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Czech PM urges EU to rethink climate goals in possible absence of global allies

In today’s edition of the Capitals, find out more about Borissov beginning coalition talks with a pro-Russian party and populists, the S&D threatening to defy its 'gentleman's agreement' with the EPP, and so much more.




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Asia-Pacific trades mostly lower amid data, earning reports

Major Asia-Pacific stock exchanges traded mostly lower on Thursday amid more economic data and earnings reports.The Australian Bureau of Statistics revealed that the seasonally adjusted unemployment r...




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South Africa Partially Reopens Mozambique Border After Unrest




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E.ON's sales at €56.3B for first 9 months of 2024

E.ON SE announced on Thursday that its sales for the first nine months of fiscal 2024 came in at €56.3 billion, dropping by 19% year-on-year.More to come......




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Russia stages first missile attack on Kyiv since August, Ukraine says

Russia stages first missile attack on Kyiv since August, Ukraine says Despite regular drone attacks, Russia has not struck Kyiv with missiles since 26 August. Content-Type: News Service Produced externally by an organization we trust to adhere to journalistic standards. A handout photo made…