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P&G profits rise as company sees lower tariff hit
P&G profits rise as company sees lower tariff hit
by  AFP

Procter & Gamble on Friday reported higher earnings fueled in part by an improved performance in China as it projected a lower hit from tariffs. The consumer products giant -- which announced a downsizing in non-manufacturing employment in June in the wake of the tariff onslaught -- now sees a hit of $500 million in fiscal 2026, down from an earlier forecast of $1 billion.

Spain probes steelmaker for alleged trading with Israeli arms firm
Spain probes steelmaker for alleged trading with Israeli arms firm
by  AFP

Spain's top criminal court said Friday it had opened an investigation into executives at steelmaker Sidenor for alleged complicity in crimes against humanity or genocide for trading with an Israeli arms company. UN investigators and several human rights groups, among them Amnesty International and Human Rights Watch, accuse Israel of committing genocide in Gaza.

US consumer inflation rose less than expected in September, delayed data shows
US consumer inflation rose less than expected in September, delayed data shows
by  AFP

US consumer inflation continued to heat up last month, but by less than expected, according to official data published nine days late due to the ongoing government shutdown. The data provides economists and traders with some much-needed insight into the health of the world's largest economy, with almost all other official data releases halted due to the US government shutdown.

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