Business & Market
china

China’s Yuan tops dollar in trade but struggles persist

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic imbalances and tight capital controls will keep the currency from truly...

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Amazon to cut 14,000 corporate jobs amid AI investment

Amazon hired as its delivery demand peaked during the COVID pandemic, meaning analysts anticipated layoffs. The company is also in the process of boosting its AI spending with a view to streamlining. Amazon said on Tuesday...

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Eurostar plans double-decker trains as rivals eye Tunnel

The monopoly operator of the Channel Tunnel connecting the UK to the continent Eurostar has ordered 30 French-made “Celestia” trains, with an option for 20 more. The expansion comes as rival firms eye use of...

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EU to double steel tariffs amid influx of Chinese imports

The EU’s industry chief says the bloc plans to raise tariffs on foreign steel in a bid to counter cheap Chinese imports. Nearly 100,000 jobs have been lost in the European steel sector in the...

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What’s powering gold and bitcoin surges?

Gold and bitcoin have both hit record highs in recent days. Geopolitical and economic uncertainty are factors, while doubts over the US dollar are attracting institutional investors. It’s been a happy few weeks for those...

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Tokenism in Marketing: How Brands Can Achieve True Inclusivity

Tokenism in marketing occurs when brands make only surface-level efforts to appear diverse and inclusive, such as featuring a symbolic member of a marginalized group in a campaign but failing to involve these groups meaningfully...

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VW’s EV minerals from Africa: Is Volkswagen’s supply chain linked to conflict?

The German carmaker requires substantial amounts of minerals for its transition to electric vehicles. But new research by DW shows that some of Africa’s most notorious smelters are part of Volkswagen’s supply chain. The 3TG,...

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How Nvidia’s Armenian AI factory boosts local tech talent

As costly artificial intelligence data centers get built in rich countries, there’s concern that many countries will be left behind. But Armenia is poised to get a boost from Nvidia’s plans for a $500 million...

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Canada, Mexico eye stronger ties amid Trump tariff threat

The leaders of Canada and Mexico have agreed to deepen economic and security ties amid ongoing trade pressure from the Trump administration. Canadian Prime Minister Mark Carney arrived in Mexico on Thursday for talks with...

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How Trump tariffs are lowering food prices in Brazil, Mexico

US tariff policy is having unexpected consequences for consumers — in some places. Coffee is becoming cheaper in Brazil, and in Mexico tomatoes are less expensive. US shoppers, meanwhile, are facing rising grocery bills. Customers...

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Why VW and other carmakers are changing their EV designs

VW & EV Designs: Electric cars are supposed to be the future. So why are German carmakers now taking a page from past designs? Steven Beardsly reports from the IAA Mobility show in Munich. When Volkswagen chief...

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Gold or Silver: 2025 Price Trends & Investment Insights in India

The comparison of gold and silver prices in India is a significant topic that reflects the broader economic, cultural, and geopolitical dynamics affecting the country. Gold and silver have long been considered vital assets for...