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Trade Tensions Create Headwinds for U.S. Manufacturers

U.S. manufacturers are facing mounting challenges as trade tensions escalate, disrupting global supply chains and increasing costs. Industries such as automotive, electronics, and machinery are

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Inflation Shock Drives Dollar to One-Week High, Rattles Global Markets

Global markets are reacting to a mix of economic data and geopolitical developments, with U.S. inflation figures taking center stage. Higher-than-expected inflation has raised concerns

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DeepSeek AI: The Game-Changer for Chinese Businesses

Chinese businesses are embracing DeepSeek AI at an unprecedented scale, leveraging its advanced capabilities to revolutionize industries. From predictive analytics to automated decision-making, DeepSeek AI

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US-EU Trade Tensions Escalate as EU Plans Retaliation Over Steel Tariffs

Trade tensions between the United States and the European Union (EU) are escalating as the EU prepares retaliatory measures in response to US tariffs on

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Changing Consumer Trends Fuel Gucci’s Sales Slump, Kering Scrambles for Solutions

Gucci, the flagship brand of luxury conglomerate Kering, is facing a persistent sales slump as changing consumer trends and economic uncertainties take a toll on

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SoftBank Doubles Down on AI Despite $2.4 Billion Quarterly Loss

Despite reporting a net loss of 369.17 billion yen ($2.4 billion) for the third quarter of fiscal year 2024, SoftBank Group Corp. is pushing forward

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Fed Holds Firm on Rates as US Markets React to Tariffs and Inflation Concerns

The US financial market is at the center of global attention as Federal Reserve Chair Jerome Powell reaffirms the central bank’s commitment to tackling inflation,

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India Balances Energy Ties with US and Global Partners Amid Sanctions Uncertainty

As the US considers imposing new energy sanctions, India is walking a tightrope to maintain its relationships with both Washington and global oil suppliers. India’s

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DeepSeek’s Rise Forces Baidu to Accelerate Next-Gen AI Model Launch

The rapid ascent of AI startup DeepSeek has prompted Chinese tech titan Baidu to fast-track the release of its next-generation AI model, Ernie 4.0. The

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Asian Economies Strategize to Counteract U.S. Tariff Escalations

In response to President Donald Trump’s recent imposition of a 25% tariff on steel and aluminum imports, several Asian nations are implementing measures to mitigate

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