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Global maritime authorities warned Tuesday that the emergence of “parallel systems” threatens to create a two-tier structure in international shipping that undermines trust and safety at sea. In a joint statement, the Consultative Shipping Group, an informal cooperation between the maritime authorities of 18 …
Mistral said Tuesday it raised 3 billion euros, roughly $3.5 billion, in fresh funding led by Samsung, as the French startup positions itself as a European alternative to rivals including OpenAI and Anthropic. The round also involved the Scaleup Europe Fund, a European Union-backedInvestmentvehicle …
Novartis' failure in a closely watched cardiovascular trial has raised questions over one of the pharmaceutical industry's biggest drug races and rival treatments from Amgen and Eli Lilly. The pelacarsen drug, developed jointly with Ionis Pharmaceuticals, reduced a particularly harmful form of cholesterol known …
Canada's retaliatory tariffs on a swathe of US goods took effect on Tuesday, matching dollar-for-dollar the duties Washington imposed on Canadian products last month, as relations between the two governments continue to deteriorate. The measures apply to $27.6 billion worth of US goods, with …
President Trump's envoys Steve Witkoff and Jared Kushner held several hours of talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on how to end the war in Ukraine, a day after meeting Russian President Vladimir Putin in Moscow. The pair's first official …
Offshore borrowing in China's currency has hit a record high, as a growing number of international corporations and foreign governments look to take advantage of the country's low interest rates to borrow cheaply. Issuance in the “dim sum” and “panda” bond markets has reached …
Oil prices climbed toward $100 a barrel as attacks on Saudi energy facilities compounded fears of a widening conflict between the US and Iran.Brent Cruderose more than 1% to trade near $98 a barrel, having touched a session high above $99 earlier, while US …
The Japanese yen climbed to a near seven-month high on Tuesday, as growing expectations of a Bank of Japan rate hike next week sent bearish traders scurrying for cover, putting pressure on the dollar ahead of USInflationdata this week. The yen strengthened to as …
China's export growth quickened last month, buoyed by strong overseas appetite for high-tech and AI-related products, providing vital support for an economy weighed down by sluggish domestic demand. The divergence between resilient exports and weak activity at home highlights Beijing's continued dependence on foreign …
Oil prices surged Tuesday as attacks on Saudi energy facilities compounded fears of escalating hostilities between the US and Iran in recent days.Brent Crudefutures for November delivery rose 2.23% to $99.16 a barrel, while US West Texas Intermediate futures for October advanced 3.26% to …
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