Hundreds of employees of French cognac maker Hennessy, part of the LVMH group luxury empire, went on strike on Tuesday to protest measures the brand plans to employ to circumvent Chinese tariffs imposed in a spat with the EU.Some 500-600 staff in cognac’s home Charente region in southwestern France were protesting at an experimental plan …
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Stock markets fell in Europe but finished mostly higher in New York Tuesday as markets weighed worries about escalating conflict between Russia and Ukraine.Moscow vowed to react “accordingly” after saying Ukraine had fired its first US-made long-range missile onto Russian territory, after being cleared to do so by US President Joe Biden. “The news rattled markets …
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Pro-democracy Hong Kong tycoon Jimmy Lai will on Wednesday take the stand in his collusion trial, testifying in court for the first time despite five previous trials in almost four years.Lai’s case is one of the most prominent prosecuted under the national security law imposed by Beijing in 2020, with Western countries and rights groups …
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US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday — a choice set to bring a tougher stance on China from the incoming administration.Lutnick will also lead the country’s tariff and trade agenda, with “additional direct responsibility for the Office of the United States Trade …
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Chinese leader Xi Jinping called for Beijing and Berlin to develop ties with a “strategic” and “long-term” perspective Tuesday as he met with German Chancellor Olaf Scholz in Rio de Janeiro, state media said.”China and Germany are both major countries with significant influence,” Xi told Scholz on the sidelines of the G20 summit, according to …
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Stock markets fell in Europe and were mixed on Wall Street as fears of escalation of Russia’s war against Ukraine prompted investors to retreat.Moscow vowed to react “accordingly” after saying Ukraine had fired its first US-made long range missile onto Russian territory after being cleared to do so by US President Joe Biden. “The news rattled …
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The third and final one-day international between New Zealand and Sri Lanka on Tuesday was abandoned after only 21 overs of play due to persistent rain in Pallekele. As the rain refused to relent, the umpires officially called off the game at 19:45 local time (1415 GMT).The game was a dead rubber with Sri Lanka already …
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Stock markets fell across the board in Europe and the United States on Tuesday as fears of further escalation of Russia’s war against Ukraine prompted investors to retreat.Moscow vowed to react “accordingly” after saying Ukraine had fired its first US-made missile onto Russian territory after being cleared to do so by US President Joe Biden.Threats …
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Three workers died at a Hyundai car plant on Tuesday, the South Korean automaker told AFP, with local reports suggesting it was an accident during a vehicle performance test.Along with its affiliate Kia, Hyundai is the world’s third-largest automaker, recording more than 4.2 million units in global sales in 2023.”Three research workers have died at …
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European stock markets slid Tuesday on fears of escalation in the Russia-Ukraine war after President Vladimir Putin broadened rules on his country’s use of nuclear arms, analysts said. On the 1,000th day of Russia’s offensive on Ukraine, Moscow said it will consider using the weapons against a non-nuclear state if they are supported by nuclear powers.Russia …
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