Economy
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Nestle shares fall after CEO’s surprise departure
Nestle shares fell Friday after the surprise departure of chief executive Mark Schneider, which followed slowing sales growth and bad…
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American Airlines extends suspension of flights from US to Israel through March 2025
Airlines is suspending flights to Israel through late March, extending a break in service that started in the early days of the…
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Philippines to host ‘limited number’ of Afghans seeking US visas
A “limited number” of Afghans will temporarily stay in the Philippines while being processed for resettlement in the United States,…
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China approves 11 new reactors in nuclear push
China has approved 11 nuclear reactors across five sites, state media reported, as the country continues its push to combat…
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New Boeing CEO pledges to ‘reset’ relations with worker union
Boeing’s new boss said Friday he was looking to “reset” relations with a key union representing tens of thousands of…
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US judge blocks launch of sports streaming venture from Disney, Fox and WB Discovery
A US judge on Friday temporarily blocked the launch of a new sports streaming service backed by three media giants,…
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China youth unemployment jumps to 17.1 percent in July
Youth unemployment in China ticked up to 17.1 percent in July, official figures showed, the highest level this year as…
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Nearly 68 million suffering from drought in Southern Africa, says regional bloc
About 68 million people in Southern Africa are suffering the effects of an El Nino-induced drought which has wiped out…
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Dubai-based port operator DP World’s half-year profits fall nearly 60 percent
Dubai-based port operator DP World reported Thursday its half-year profits fell by nearly 60 percent, in part over the ongoing…
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UK economy grows in Q2 2024, building on recovery
Britain’s economy grew 0.6 percent in the second quarter of 2024, official figures showed on Thursday. Economists polled by Reuters…
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