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Japan inflation rises as new PM eyes economic package

TOKYO, Japan — Japanese inflation accelerated last month, official data showed Friday, ahead of a maiden policy speech by new Prime Minister Sakae Takaichi who has promised to ease pressure on households. Takaichi’s predecessor Shigeru Ishiba survived barely a year in office, with voters hammering the ruling party in elections …

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Trump says all Canada trade talks ‘terminated’

Donald Trump and Mark Carney meeting earlier this month. Photograph: Evan Vucci/AFP/Getty Images  WASHINGTON, D.C — US President Donald Trump said Thursday he was ending trade talks with Canada over an anti-tariff advertising campaign, a sudden about-face soon after a cordial White House meeting with Prime Minister Mark Carney. On his …

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Amazon uses AI to make robots better warehouse workers

An Amazon delivery driver wears smart glasses displaying real-time navigation and delivery instructions directly in his field of vision, during Amazon’s “Delivering the Future” event at a Silicon Valley distribution center (Laure Andrillon) MILPITAS — Amazon on Wednesday said it is speeding up the automation of its warehouses with the …

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Meta to cut 600 jobs in artificial intelligence — reports

Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday. The job cuts will not affect the TBD Lab, an operation established by Meta CEO Mark Zuckerberg, according to reports in the …

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EU, China to hold ‘urgent’ talks on rare earth curbs

STRASBOURG, France — EU and Chinese officials have agreed to meet in Brussels for “urgent” talks on China’s export controls on rare earths, EU trade chief Maros Sefcovic said after speaking to his Chinese counterpart Tuesday. The world’s leading producer of the minerals used to make magnets crucial to the …

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Stocks rise on China-US hopes, gold and silver slump

Gold suffered its biggest one-day loss since the start of the Covid pandemic, only a day after setting a record high (DAVID GRAY/yahoo.com) NEW YORK — Most stock markets extended gains Tuesday on signs that China-US trade tensions were easing and as investors digested a deluge of generally good earnings. …

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