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British Airways owner sees profit jump on 'strong' demand
British Airways owner sees profit jump on 'strong' demand
by  AFP

IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44 percent in the first six months of the year on "strong demand". Group revenue increased eight percent to 15.9 billion euros in the January-June period year-on-year, "reflecting strong demand for our network and brands", it added.

Trump unveils slew of new tariffs, punishes Canada
Trump unveils slew of new tariffs, punishes Canada
by  AFP

President Donald Trump unveiled new tariffs Thursday on nearly 70 countries -- including a blistering 35 percent on neighbor Canada -- as he seeks to reshape global trade to benefit the US economy. Trump raised duties on nearly 70 economies, from a current 10 percent level imposed in April when he unleashed "reciprocal" tariffs citing unfair trade practices.

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