April 2025
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Insight: LVMH finds making Louis Vuitton bags messy in Texas
Reuters revealed that LVMH’s Louis Vuitton factory in Texas, opened with great fanfare in 2019, has consistently ranked among the brand’s worst-performing facilities globally, with…
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Russia cuts 2025 energy export income estimate by 15%, document shows
Home | Russia cuts 2025 energy export income estimate by 15%, document shows FILE PHOTO: Steam rises from the chimneys of a power plant on…
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OPEC+ unexpectedly speeds up oil output hikes, oil drops | Reuters
Reuters was first to report on April 3 that OPEC+ had agreed to increase oil output in May by a larger amount than the market…
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US tariffs may cost chip equipment makers more than $1 billion, industry estimates
U.S. President Donald Trump’s new tariffs could cost U.S. semiconductor equipment makers more than $1 billion a year, according to industry calculations discussed with officials…
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Japan finance minister ‘deeply concerned’ over Trump tariff impact
Japan is “deeply concerned” about global economic fallout from U.S. President Donald Trump’s trade tariffs, Finance Minister Katsunobu Kato said on Thursday in the government’s…
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Apple airlifts 600 tons of iPhones from India ‘to beat’ Trump tariffs, sources say
Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after…
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Intel CEO invested in hundreds of Chinese companies, some with military ties
Lip-Bu Tan, the man chosen to lead Intel, the U.S.’s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight…
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Tesla quarterly sales plunge as Musk backlash grows
Reuters was 25 seconds ahead of competition when Tesla reported its lowest quarterly deliveries in nearly three years amid ongoing backlash against its CEO Elon…
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Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups
Venture capital firm Andreessen Horowitz is seeking to raise about $20 billion in what will be the largest fund in its history, to capitalize on…
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US suspends financial contributions to WTO
Reuters exclusively reported that the United States had paused its financial contributions to the World Trade Organization as the Trump administration attempts to slash government…
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