Passenger car sales off in Europe; EVs take biggest drop
Passenger-car sales in Europe fell 2.8% in March as automakers including Volkswagen AG and Stellantis NV faced weaker demand, particularly for electric vehicle…
World Business
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Apple deletes WhatsApp, Threads in China
HONG KONG -- Apple said it had removed Meta's WhatsApp messaging app and its Threads social media app from the App Store in China to comply with orders from Ch…
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German store chain set to get new owners
BERLIN -- Germany's only remaining major department store chain is set to get new owners after its third spell in bankruptcy protection in four years, and the …
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US, Taiwan begin joint science project
The United States agency tasked with driving scientific research has launched a program to connect American startups with Taiwanese peers, backing the island's…
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China sanctioning US defense firms
BEIJING -- China on Thursday announced rare sanctions against two U.S. defense companies over what it called their support for arms sales to Taiwan, the self-g…
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China blasts negative item in debt report
BANGKOK -- China's Finance Ministry denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative, saying…
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Yellen calls on China to level field
GUANGZHOU, China -- U.S. Treasury Secretary Janet Yellen called on China on Friday to address manufacturing overcapacity that she said risks causing global eco…
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Wheat crop strong; bread sales fall
America's wheat crop is making a comeback. Too bad U.S. grocery shoppers want to buy less food made with it.
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US Treasury chief visits China
GUANGZHOU, China -- Treasury Secretary Janet Yellen arrived in China on Thursday for five days of meetings in a nation determined to avoid open conflict with t…
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Chinese truck-makers set sights on Europe
After pushing into Europe with their electric cars, Chinese manufacturers such as BYD Co. are expected to target another piece of the market: big rigs.
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Euro zone inflation decreases to 2.4%
FRANKFURT, Germany -- The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and…
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Fed signal helps lift gold price to record
Gold rose to a record as indications the Federal Reserve is getting closer to cutting interest rates added impetus to a rally that's also been driven by geopol…
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Slowdown forecast for growth in Asia
BANGKOK -- Asian economies are not doing as well as they could and growth in the region is forecast to slow to 4.5% this year from 5.1% in 2023, the World Bank…
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Demand for tech devices grow S. Korea’s exports
South Korea's exports continued to grow last month on the back of strong demand for semiconductors and other technology devices, supporting confidence among po…
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Stocks slip on news of strong manufacturing report
NEW YORK -- Most U.S. stocks slipped Monday after a surprisingly strong report on U.S. manufacturing cast doubts on how much interest rates can ease this year.
