Economy
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US budget deficit widens to $1.8 trillion, third highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023’s level…
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US to probe Tesla’s ‘Full Self-Driving’ system after pedestrian killed in low visibility
The US government’s road safety agency is investigating Tesla’s “Full Self-Driving” system after getting reports of crashes in low-visibility conditions,…
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Indonesia’s Prabowo targets growth with big projects, seeks to build on Widodo’s policies
Indonesian President Joko Widodo leaves office Sunday with high approval ratings thanks to strong economic growth, but his successor Prabowo…
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Amazon invests over $500 million in nuclear energy to power artificial intelligence
Amazon announced significant investments in nuclear energy on Wednesday, joining other tech giants in aiming to meet the high electric power…
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Leaders from China, India to attend BRICS summit in Russia
Leaders from China and India will attend the BRICS summit in Russia from Oct. 22-23. Chinese President Xi Jinping will…
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Airbus to cut nearly 2500 jobs in space division
Airbus announced plans Wednesday to cut up to 2,500 jobs in its struggling space and defense division, in the latest…
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Indian passenger airplane forced to divert after latest bomb hoax
An Indian passenger aircraft was diverted on Wednesday after the latest in a string of hoax bomb threats made to airline companies…
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BlackRock, Singapore’s GIC to invest in Hyundai Motor India IPO
BlackRock Inc., Singaporean sovereign wealth fund GIC Pte and Capital Group are among those that have made bids to buy…
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New Zealand to ease foreign investment laws to attract capital
New Zealand’s government said it will loosen investment rules in a bid to attract more foreign capital and boost productivity…
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Germany’s hydrogen goal in danger as supply options dwindle
Germany’s ambitious bet on hydrogen is facing substantial setbacks after two of its biggest prospective suppliers shifted course. Barely three…
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