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And in European and Asian news, Volvo Cars has plunged 27 percent after its CEO said China sales slumped faster than expected, triggering an operating loss of 5.6 billion Swedish kronor. The Swedish carmaker is cutting 2,500 jobs and overhauling its China strategy as domestic EV brands intensify co…
Oil has climbed above $102.40 as Iranian threats to strike Gulf oil facilities, undersea cables, data centres and AI infrastructure escalate fears of fresh disruption in the Strait of Hormuz. Tehran has already claimed responsibility for hitting four commercial ships this week while the U.S. State …
Bitcoin has moved to $81,515 as digital asset markets reflect growing investor caution over artificial intelligence disruption. Global stocks are wobbling amid those same AI fears. The Hang Seng finished at 23,122. The DAX is trading near 25,246. Oil sits at $100.46 a barrel. Gold hit $4,034 an oun…
A leaderless student group born from outrage over the deadly Novi Sad railway station collapse is now Serbia's most significant political force in decades. Student List has turned youth protests into a direct electoral challenge ahead of Sunday's tight parliamentary elections against President Alek…
Vice President Vance's team is signaling fresh regulatory scrutiny on big tech ahead of next month's FOMC meeting as investors hunt for safety. The 10-year Treasury yield has dropped back toward 5% this week with funds seeking cover from AI disruption worries. Hedge funds have turned more defensive…
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