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As Trump touts tariffs, Yellen says US has rejected ‘isolationism’

US Treasury Secretary Janet Yellen appeared to take aim at former president Donald Trump’s economic approach Tuesday, saying the current US administration has “rejected isolationism that made America and the world worse off.”Her opening remarks at a news conference two weeks before the US presidential election come as the International Monetary Fund also issued a …

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Terrified Bangladeshis flee Israeli strikes in Lebanon

Hyundai Motor India shares dip on debut after record IPO

Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country’s biggest-ever initial public offering, with shares down nearly five percent from their issue price in early trade.A booming stock market in the world’s fifth-largest economy has stoked an IPO frenzy over the last two years, with start-ups and …

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Apple CEO visits China for second time this year as sales slump

China’s central bank cuts two key rates to boost economy

China’s central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world’s second-largest economy.The cuts come just days after the country posted its slowest quarterly growth in a year and a half, underlining the deep economic woes …

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BHP goes on trial in London over 2015 toxic Brazil mine disaster

Australian mining giant BHP goes on trial on Monday over one of Brazil’s worst environmental disasters, potentially triggering billions of dollars in compensation to be shared among hundreds of thousands of plaintiffs.The High Court in London will examine over several months whether BHP was partly liable for the 2015 collapse of a dam at a mining …

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Bomb hoax threats to Indian airlines spark chaos

More than 90 fake bomb threats have been made against flights operated by multiple Indian airlines this week, Indian media reported Sunday, sparking fear among passengers and global delays.All flights landed safely, but the spate of threats has resulted in planes being diverted to Canada and Germany, and fighter jets scrambled to escort aircraft in …

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Modern pressures burden Pakistan’s donkey business

Droves of braying donkeys were once the backbone of Pakistan’s commercial hub Karachi, but growing upkeep costs and the surging sprawl of the city are putting them out to pasture.Jittering donkey carts have long been essential for aftermarket transport from southern Karachi’s wholesale bazaars, nested in narrow streets preventing regular vehicles from accessing their trove …

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New rules drive Japanese trucking sector to the brink

Fujio Uemura has to rest after driving fish all night to Tokyo, under new rules that trucking firms and experts say are crippling Japan’s logistics sector and risk pushing up prices for consumers.The regulations are aimed at easing the stress of the badly paid hard slog of trucking, and making it more attractive to young …

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