Economy
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AI legal team wins first case
Gregory Baker, an academic at Macquarie University in Australia, won a case against the university without any human lawyers –…
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US energy firms cut rigs for first time in four weeks, says Baker Hughes
US energy firms this week cut the number of rigs operating for the first time in four weeks, energy services firm Baker…
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US says sanctions will ‘squash’ Iran’s economy and ‘collapse’ its regime
US Treasury Secretary Scott Bessent urged US allies to support Washington’s efforts to “squash” the Iranian economy. “We are going…
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Trump: ‘most crushing economic operation ever’ against Iran
U.S. President Donald Trump said in a statement that Iran will face “the most crushing economic operation ever” and any…
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Iran condemns new US sanctions, calls them ‘economic terrorism’
Iran’s foreign ministry condemned newly announced US economic and trade sanctions on Thursday, saying they targeted ordinary Iranians and amounted…
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Meta hooked children on Facebook and Instagram, court hears
A court has heard claims Meta intentionally hooked a generation of children on Facebook and Instagram, as the biggest legal…
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Global borrowing costs hit fresh highs on oil, AI and inflation
Long-term borrowing costs across some of the word’s biggest economies hit fresh highs because of concerns over inflation, government debt…
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Mobile payments on the rise but cash decline slows
Consumers are increasingly relying on their mobile phone to make payments rather than carrying bank cards, new data shows. Two-thirds…
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Disney and ABC sue Trump’s media regulator to stop early licence renewal
Disney and ABC have filed a lawsuit to stop the Trump administration from launching an early licence renewal process, arguing…
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American Airlines to bring back TV screens on US flights
American Airlines wants its flyers to have screens – and not just the ones its passengers bring on board with…
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