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Trump gets Middle East investors worried

LONDON/JERUSALEM — A historic shake-up of the Middle East is starting to draw international investors, warming to the prospects of relative peace and economic recovery after so much turmoil. President Donald Trump’s proposal that the US take over Gaza may have thrown a curveball into the mix, but the fragile …

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Experts call for regulation over AI

PARIS — Experts from around the world have called for greater regulation of artificial intelligence (AI) to prevent it from escaping human control, as global leaders gather in Paris for a summit on the technology. France, co-hosting the Monday and Tuesday gathering with India, has chosen to spotlight AI “action” …

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Singapore banks to post higher Q4 profit

A view of UOB Plaza in Singapore March 31, 2022. REUTERS/Caroline Chia/File Photo SINGAPORE — Singaporean banks are set to report stronger profits for the fourth quarter, but growth could take a hit this year as US President Donald Trump’s trade tariffs and other policies threaten to undermine the global …

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China inflation up on new year spending

Three woman wearing traditional clothing walk through a popular shopping street in Beijing. Photographer: Greg Baker/AFP/Getty Images SHANGHAI — Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. China has struggled to raise consumption and stave off deflation for …

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Fil-Chinese group announces biggest bakery fair

The Filipino Chinese Bakery Association, Inc. (FCBAI), an organization dedicated to promoting excellence in the Philippine baking industry through innovation, collaboration, and economic growth, is set to host Bakery Fair 2025, a three-day industry event aimed at blending tradition with innovation to propel the Philippine baking sector forward. The event …

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Ford Q4 earnings surpass estimates

JEFF KOWALSKY / AFP via Getty  NEW YORK — Ford reported a profitable fourth quarter in results that topped estimates but signaled it expects lower 2025 operating earnings on pricing pressure. The US auto giant, which has enjoyed robust returns in its commercial vehicle and conventional gasoline businesses that have …

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Amazon reports strong earnings in Q4

SAN FRANCISCO, California — E-commerce giant Amazon reported on Thursday its fourth-quarter (Q4) net income nearly doubled to $20 billion, driven by strong holiday sales, but its outlook for the coming quarter came in less than hoped for by analysts. After earnings dropped, shares in Amazon were down by more …

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Google halts workplace diversity push

SAN FRANCISCO, California — Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators. The internet giant’s annual 10-K report, filed with the Securities and Exchange Commission, no longer contained a commitment to workplace inclusion and diversity that had …

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Disney reports higher quarterly profits

NEW YORK — Disney reported higher quarterly profits on Wednesday, posting increased revenues in its streaming business as it eyes a rollout of a key ESPN product later this year. The entertainment giant, which has raised subscription prices on streaming, pointed to the success of “Moana 2” and other box …

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