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Trump thumbs nose at decades of India courtship
Trump thumbs nose at decades of India courtship
by  AFP

India once united US policymakers like few issues. US policymakers have long skirted around India's sensitivities on Kashmir and sought to contain fallout from disagreements on other issues.

Brazil police target network that siphoned billions from fuel sector
Brazil police target network that siphoned billions from fuel sector
by  AFP

Brazilian police cracked down Thursday on a sprawling criminal network that defrauded motorists at petrol pumps and concealed billions of dollars in illicit earnings in cahoots with financial companies. Brazilian police released images of a mass deployment of officers in Sao Paolo's Faria Lima Avenue Thursday, where many financial institutions are headquartered.

Luxury carmaker Lotus to slash UK jobs amid US tariffs
Luxury carmaker Lotus to slash UK jobs amid US tariffs
by  AFP

Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty caused by US President Donald Trump's tariffs. The carmaker, which is majority owned by Chinese auto giant Geely, has several sites in the UK, including its headquarters in Hethel, eastern England.

Small parcels in limbo as Trump moves to end US tariff exemption
Small parcels in limbo as Trump moves to end US tariff exemption
by  AFP

An approaching US deadline to end tariff exemptions on small parcels has tripped up global deliveries to the world's biggest economy, with businesses halting shipments to American consumers and mulling price hikes. Massicotte said: "This tariff war is just going to hurt the American and the Canadian consumer, especially small business owners." bys/bgs

Swiss economy set to slow due to US tariffs
Swiss economy set to slow due to US tariffs
by  AFP

The Swiss economy will likely grow more slowly than previously expected next year due to the massive import tariffs imposed by US President Donald Trump, the economy ministry said Thursday.

Asian markets mixed after Nvidia earnings
Asian markets mixed after Nvidia earnings
by  AFP

Asian markets were mixed Thursday after AI powerhouse Nvidia's quarterly earnings beat expectations, but its shares slipped over worries about the company's stalled business in China. The earnings report comes amid market worries about an AI spending bubble that could burst and hurt the chip giant's fortunes.