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Trump threatens to scrap Xi talks and hit China with 'massive' tariffs
US President Donald Trump threatened on Friday to cancel an upcoming summit with Xi Jinping and hit China with "massive" tariffs after Beijing imposed export curbs on rare earth minerals. Trump said China had sent letters to countries around the world detailing export controls on "each and every element of production having to do with Rare Earths."
Trump says no reason to meet Xi, threatens 'massive' China tariffs
US President Donald Trump said Friday he no longer feels a summit is necessary with Chinese counterpart Xi Jinping this month, slamming Beijing for hostile trade practices and threatening "massive" tariffs.
Austria finds Microsoft 'illegally' tracked students: privacy campaign group
Austria's data protection authority has determined that Microsoft "illegally" tracked students using its education software and must grant them access to their data, a privacy campaign group said Friday.
UK opens door to tougher regulation of Google search
Britain's competition watchdog on Friday paved the way for tougher regulation to tackle Google's dominance in online search, under new targeted measures focused on technology giants. Britain's CMA launched in January its investigation into Google's dominant position in the search engine market and its impacts on consumers and businesses.
EU grills Apple, Snapchat, YouTube over risks to children
The EU Friday demanded digital giants including Snapchat and YouTube explain how they are protecting children from online harm, as member states explore restricting minors' access to social media at a European level.
Carmakers face massive UK dieselgate lawsuit
Five major car manufacturers go on trial at London's High Court on Monday in the latest chapter of the dieselgate emissions scandal that has rocked the global car industry for a decade. It caused waves in the global car industry, ensnaring several other top carmakers and leading to legal action in several countries.
Asian markets limp into weekend as AI bubble fears grow
Asian equities staggered into the weekend Friday following a mixed week that saw a Middle East ceasefire and huge new AI investments play off against the US shutdown and concerns about a tech bubble.
Comeback studio Warner takes 'victory lap' amid takeover rumors
In just six months, Warner Bros has gone from ailing Hollywood giant reportedly mulling a leadership change to the industry's hottest studio -- and the rumored target of a $70 billion takeover bid. - Takeover rumors - The sudden success has come at a nonetheless turbulent time for parent corporation Warner Bros Discovery, the product of a 2022 merger with Discovery.
US finalizes $20 bn economic lifeline for Argentina, buys pesos
US Treasury Secretary Scott Bessent said Thursday that Washington had bought Argentine pesos and finalized a $20 billion economic support program to help prop up the South American nation's faltering finances. "Additionally, we have finalized a $20 billion currency swap framework with Argentina's central bank."
AFP
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