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Trump announces big Boeing order for Qatar Airways
US President Donald Trump said Wednesday Qatar Airways had placed a "record" order for 160 planes from Boeing, as he signed a raft of deals in Doha alongside Qatar's emir.
'Assassin's Creed' no saviour for struggling Ubisoft
A bumper release for the latest "Assassin's Creed" instalment did not save French video games giant Ubisoft from falling back into the red in its 2024-25 financial year, the company said on Wednesday.
China, US slash sweeping tariffs in trade war climbdown
The United States and China slashed sweeping tariffs on each others' goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war that roiled global markets and international supply chains. China said Wednesday it was suspending certain non-tariff countermeasures too for 90 days, according to a commerce ministry spokesperson.
Trump drug price plan could nix investment, warns Roche
President Donald Trump's plans to dramatically slash drug prices for Americans could make Swiss pharmaceutical giant Roche cancel major investments in the United States, it said Wednesday. Swiss newspaper NZZ reported Trump's move could lead Roche to reassess plans it announced just last month to invest $50 billion in the United States over five years.
Merz vows to rev up German economic 'growth engine'
German Chancellor Friedrich Merz on Wednesday pledged reforms and investment for Europe's biggest economy to transform it once again into a "growth engine" after two years of recession. "We can, through our own efforts, became a growth engine once again that the world looks up to with admiration."
Rare blue diamond fetches $21.5 mn at auction in Geneva
An exceptionally-rare blue diamond went under the hammer in Geneva late Tuesday, selling for $21.5 million, Sotheby's auction house said. Ahead of its final showing in Geneva on Tuesday, it was unveiled as part of a Sotheby's debut exhibition in Abu Dhabi last month, where it was showcased alongside seven other "extraordinary" diamonds and gemstones collectively worth over $100 million.
Russia jails prominent vote monitor for five years
Russia on Wednesday sentenced a high-profile election monitor to five years in prison, part of an intensifying crackdown by the Kremlin against independent critics and opponents. Melkonyants was arrested in August 2023, as part of a crackdown on Kremlin critics and opponents that has accelerated amid Moscow's military offensive on Ukraine.
Umbro owner in joint bid for Le Coq Sportif
A consortium that includes the US owner of sportswear brand Umbro and French telecom billionaire Xavier Niel unveiled Wednesday an offer to acquire France's struggling sportswear label Le Coq Sportif for 60 million euros ($68 million). The consortium would immediately inject 60 million euros into Le Coq Sportif and save its historic site at Romilly-sur-Seine in northeastern France.
AFP
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