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EU-China staring match on EV duties will continue — even after they take effect

Berlin is against the duties and says Chinese retaliation would harm Germany's auto industry. Is it right? Depends who you ask. Germany fears that its...

HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

HSBC Holdings Plc building at Canada Square in Canary Wharf financial district on 15th August 2023 in London, United Kingdom.  Mike Kemp | In Pictures...

VW plans to close 3 German plants as auto industry turmoil grows

Volkswagen last month canceled a 1994 agreement that protected its workers from layoffs until 2029, enabling business-related layoffs from mid-2025. With sales in China declining...

London stocks climb, energy shares keep gains in check

(Reuters) - The UK's benchmark FTSE 100 index rose on Monday, led by travel and leisure shares as Trainline jumped...

Oil prices plunge as Israel spares Iran’s oil facilities in attack

Crude prices plunged as Israel launched a limited retaliation attack on Iran, sparing its oil and...

Tesla stock soars 20%, heads for best day in over a decade on Musk’s 2025 growth projection

Elon Musk attends 'Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk' session during the Cannes Lions International Festival Of...

Britain announces major change to fiscal rules to free up billions in spending

Britain's Finance Minister Rachel Reeves has pledged to make the "necessary", "urgent" and "incredibly tough" choices to restore the country's economic stability.Pool | Getty...

10-year Treasury yield tops 4.2% briefly

The U.S. 10-year Treasury yield continued its gains on Tuesday after Federal Reserve officials urged caution on the path of interest rate cuts.After jumping 12...

Utilities and real estate stocks pull British equities to one-week low

(Reuters) - London stocks fell on Tuesday, dragged by weakness in the utility and real estate sector, while investors await...

HSBC names Pam Kaur as first female CFO amid major restructuring

Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and...

Price of gold is proving an unstoppable force lately

Gold has been on a blistering rally. The precious metal soared above $2,700 an ounce for the first time on Friday, bringing its weekly...

China markets rebound on stronger-than-expected GDP data; most Asia-Pacific markets rise

The skyline of the central business district in Beijing on August 13, 2019. (Photo by WANG Zhao / AFP)WANG ZHAO | AFP | Getty...

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