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US President Donald Trump, who is keen to end the war in Ukraine, warns he can raise tariffs further if India doesn't cut its purchases of oil from Russia; trade deal with Delhi yet to be finalised.
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Daily roundup of the best New Economy stories from other media
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Court denies key shareholders' move to block zinc refiner's plan to issue shares to help fund $7.4-billion smelter in the US, but they still support the US plan
New US rules are set to have the hardest impact on China’s DJI, which is the world’s largest drone maker and accounts for an estimated 80% of all commercial drones sold in the US
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China’s ‘Self-Interest’ May Be Adding to Global InflationChina’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Market InsightsFresh snap lockdowns put China’s economic recovery in perilChina’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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