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Tariffs, tax cuts, energy: What is in Trump's economic plan?
Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.
Amazon wants to be everything to everyone
Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to healthcare and entertainment. The healthcare market promises to be lucrative for Amazon, which is "trying to be the platform that has everything for everyone," said analyst Davidkhanian.
US firms brace for more tariffs as election approaches
From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear -- with fresh tariffs rolled out and promises of more. "If anything, it's probably going to go up," Actis said, adding that he has considered moving his business abroad.
China-EU EV tariff talks in Brussels end with 'major differences': Beijing
The latest negotiations over European Union tariffs on Chinese electric vehicles ended in Brussels with "major differences" remaining, Beijing's commerce ministry said Saturday. "There are still major differences between the two sides," a ministry statement said, adding that it has invited EU negotiators for further discussions in China.
Analysts warn more detail needed on new China economic measures
Analysts gave a cautious welcome to China's announcement Saturday of fresh fiscal stimulus to revive its ailing economy but warned that more details -- and specific headline figures -- were needed before its effect could be fully assessed.
China offers $325 bn in fiscal stimulus for ailing economy
China said Saturday it will make $325 billion in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.
Last-minute legal ruling allows betting on US election
Millions of dollars have poured into bets on who will win the US election after a last-minute court ruling opened up gambling on the vote, upping the stakes on a too-close-to-call race that has already put voters on edge.
Small Quebec company dominates one part of NHL hockey: jerseys
As a sport that involves men colliding at high speeds, bare-knuckle brawls, and a fair number of players with missing front teeth, ice hockey is not commonly linked to high fashion. That depends partly on the individual player's amount of ice time, and partly on his style of play in a sport where fights can involve grabbing or even tearing an opponent's jersey.
Boeing to cut 10% of workforce as it sees big Q3 loss
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. Boeing said the strike contributed to $3 billion in pre-tax charges to its commercial aviation results in the third quarter, part of an anticipated loss of $9.97 per share.
AFP
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