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Investing

China unveils Fujian, signalling new phase in its race to rival US naval dominance

China’s newest and most advanced aircraft carrier, the Fujian, has officially entered service following a commissioning ceremony led by President Xi Jinping…
Investing

Dow futures plunge 95 points on Friday: 5 things to know before Wall Street opens

Dow futures were down about 95 points, or 0.2%, on Friday, continuing the rough week for US markets, especially tech. The Dow’s…
Investing

India’s sugar industry pushes for double export quota amid ethanol diversion shortfall

India’s sugar industry is urging the government to double the sugar export allocation to 2 million metric tons for the new season,…
Investing

Google quadruples down on Amazon reforestation with top Brazilian carbon supplier startup

In its largest carbon removal commitment to date, Google has partnered with Brazilian startup Mombak to finance the restoration of the Amazon…
Investing

Air Europa repays €475M state loan early as Turkish Airlines secures 26% stake

Spanish carrier Air Europa has repaid in advance a €475 million ($505 million) loan granted by Spain’s Strategic Companies Solvency Support Fund (FASEE),…
Investing

Dow futures trade in red on Thursday: 5 things to know before Wall Street opens

Dow futures were trading in the red on Thursday, suggesting a slightly cautious start for Wall Street. Investors seem to be taking…
Investing

Snap stock surges over 20% on strong earnings, $400M Perplexity AI partnership

Visual messaging app Snapchat’s owner Snap saw its shares soaring by more than 20% during pre-market trading on Thursday after its third…
Investing

Singapore cuts tax breaks for two family offices linked to Prince Group

Singapore has revoked the tax incentives of two single family offices linked to the US-sanctioned Prince Group, a multinational network accused of…
Investing

From Pizza Hut to Papa John’s: inside the struggles of the US restaurant industry

Yum Brands says it is exploring strategic options for Pizza Hut, a review that could include a potential sale as the iconic…
Investing

SoftBank and OpenAI join forces to reshape Japan’s AI economy next year

SoftBank Corp. and OpenAI are joining forces to roll out new artificial intelligence services for Japanese businesses next year, marking a major…
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