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Canadians Snap Up U.S. Liquor Stockpiles Amid Tariff-Driven Boycott
Business
1ย day, 1ย hour ago

Canadians Snap Up U.S. Liquor Stockpiles Amid Tariff-Driven Boycott

Canadian provinces, including Manitoba, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador, have resumed sales of American liquor stockpiles, which were previously removed from shelves in protest of US tariffs. The sudden availability o

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Canadians Snap Up U.S. Liquor Stockpiles Amid Tariff-Driven Clearance
Business
13ย hours, 36ย minutes ago

Canadians Snap Up U.S. Liquor Stockpiles Amid Tariff-Driven Clearance

Canadian provinces, including Manitoba, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador, have resumed sales of American liquor, including popular brands such as Jack Daniel's, Bacardi, and Barefoot wine, after initially pulling them

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UK Chocolate Makers Cut Cocoa Content to Boost Profits
Business
7ย hours, 32ย minutes ago

UK Chocolate Makers Cut Cocoa Content to Boost Profits

Major UK chocolate manufacturers are facing financial pressures, leading to "skimpflation" - a strategy of replacing expensive ingredients with cheaper alternatives, resulting in smaller, more expensive, and less chocolatey products. This shift has l

Cosmo_Dragon Cosmo_Dragon
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Southeast Asia Takes Off: Region's Space Industry Gains Momentum
Business
1ย day, 13ย hours ago

Southeast Asia Takes Off: Region's Space Industry Gains Momentum

Southeast Asia is making significant strides in the space industry, with Thailand's Geo-Informa predicting the country's establishment of a spaceport within the next few years. The region's growing space sector has attracted international attention,

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Lululemon CEO to Depart Amid Sales Slump and Share Price Decline
Business
1ย day, 13ย hours ago

Lululemon CEO to Depart Amid Sales Slump and Share Price Decline

Lululemon Athletica's CEO, Calvin McDonald, will step down at the end of January after nearly eight years, citing the company's completion of its five-year strategy and a strong leadership team in place. Despite a recent revenue upgrade, Lululemon ha

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General Atlantic and CPP Investments to Acquire Boats Group in $2 Billion Deal
Business
2ย days, 13ย hours ago

General Atlantic and CPP Investments to Acquire Boats Group in $2 Billion Deal

General Atlantic and Canada's top pension fund, CPP Investments, are set to acquire Boats Group, a leading online marketplace for recreational boats, in a deal valued at over $2 billion. The acquisition, which includes a minority stake retained by Pe

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Carrier Screening Market Surges to $1.4 Billion, But Is Expanded Testing Worth the Cost?
Business
1ย hour, 23ย minutes ago

Carrier Screening Market Surges to $1.4 Billion, But Is Expanded Testing Worth the Cost?

Genetic testing company Nucleus Genomics is capitalizing on the trend of expanded carrier screening, offering customers the option to test for hundreds of genes to identify potential genetic mutations in their offspring. This service, which was initi

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Investors Abandon AI Stocks, Flock to Traditional Sectors
Business
7ย hours, 22ย minutes ago

Investors Abandon AI Stocks, Flock to Traditional Sectors

Investors are abandoning the AI sector in favor of more traditional industries, with a notable shift into materials, industrials, financials, and healthcare, according to Wall Street analysts. This rotation is gaining momentum, driven by concerns ove

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US Seizure of Venezuelan Tanker Sparks Dramatic Decline in Oil Exports
Business
13ย hours, 30ย minutes ago

US Seizure of Venezuelan Tanker Sparks Dramatic Decline in Oil Exports

Venezuela's oil exports have plummeted significantly following the US seizure of the crude oil tanker Skipper and imposition of fresh sanctions on shipping companies and vessels doing business with the Caracas government. According to shipping data,

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SpaceX Valued at $800 Billion as Elon Musk Prepares for Public Debut
Business
1ย day, 1ย hour ago

SpaceX Valued at $800 Billion as Elon Musk Prepares for Public Debut

SpaceX, led by Elon Musk, is poised to become the world's most valuable private company after announcing a deal to buy $1.07 trillion worth of shares from stockholders at $421 each, valuing the company at approximately $800 billion. This move, which

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West African Trio Launches $895 Million Regional Investment Bank
Business
7ย hours, 21ย minutes ago

West African Trio Launches $895 Million Regional Investment Bank

West African nations Mali, Burkina Faso, and Niger have established a regional investment bank with an initial capital of 895 million USD to finance infrastructure, energy, and agricultural projects, leveraging their mineral-rich resources to drive e

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"UK Economy Slumps Unexpectedly, Shrinking 0.1% in October"
Business
1ย day, 13ย hours ago

"UK Economy Slumps Unexpectedly, Shrinking 0.1% in October"

The UK economy unexpectedly contracted by 0.1% in October, contrary to economists' predictions of a 0.1% growth, and also saw a 0.1% decline in the three months to October. This downturn is attributed to factors such as the ongoing cyber-attack at Ja

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Red Hot Fined ยฃ1m by Ofcom, Shares Plummet 12% Amid Age Verification Failures
Business
2ย days, 19ย hours ago

Red Hot Fined ยฃ1m by Ofcom, Shares Plummet 12% Amid Age Verification Failures

AVS Group Ltd, a UK-based adult content provider, has implemented more robust age verification methods on some of its websites following a ยฃ1 million fine from Ofcom for non-compliance with the Online Safety Act. The company, which operates multiple

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UK Chocolate Makers Downsize to Stay Afloat Amid Rising Costs
Business
1ย hour, 32ย minutes ago

UK Chocolate Makers Downsize to Stay Afloat Amid Rising Costs

Major UK chocolate manufacturers are reducing the amount of cocoa solids in their products, replacing them with cheaper ingredients, a trend known as "skimpflation," which has resulted in smaller, more expensive, and less chocolatey treats. According

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Southeast Asia Takes a Giant Leap in Space with Innovative Food Delivery
Business
1ย hour, 23ย minutes ago

Southeast Asia Takes a Giant Leap in Space with Innovative Food Delivery

Southeast Asia is emerging as a significant player in the global space industry, with countries like Thailand, Vietnam, Malaysia, and Singapore showcasing their fledgling space sectors at the Thai Space Expo. The region's favorable geography and grow

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Chocolate Makers Swap Quality for Cost, Leaving Consumers with Less for More
Business
13ย hours, 33ย minutes ago

Chocolate Makers Swap Quality for Cost, Leaving Consumers with Less for More

Major UK chocolate manufacturers are reducing the amount of cocoa solids in their products to cut costs, resulting in smaller, more expensive, and less chocolatey treats. This "skimpflation" strategy has led to some popular bars no longer meeting the

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"UK Economy Contracts Unexpectedly, Shrinking 0.1% in October"
Business
19ย hours, 31ย minutes ago

"UK Economy Contracts Unexpectedly, Shrinking 0.1% in October"

The UK economy unexpectedly contracted by 0.1% in October, defying predictions of growth, and also saw a 0.1% decline in the three months to October, according to multiple sources, including the Office for National Statistics. This downturn is attrib

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Venezuela's Oil Exports Plummet After US Seizes Tanker Amid Sanctions
Business
1ย hour, 30ย minutes ago

Venezuela's Oil Exports Plummet After US Seizes Tanker Amid Sanctions

Venezuela's oil exports have plummeted sharply following the US seizure of the crude oil tanker Skipper off its coast, with only tankers chartered by US oil company Chevron allowed to sail into international waters with Venezuelan crude. The seizure

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Funding Cuts Derail Poverty-Fighting Program in Uganda
Business
7ย hours, 19ย minutes ago

Funding Cuts Derail Poverty-Fighting Program in Uganda

A Ugandan poverty alleviation program that offers grants and coaching to help individuals "graduate" from poverty has seen a decline in funding, hindering its effectiveness. The program, which has shown success in 20 countries, typically provides a $

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Founders Gain Upper Hand in Fundraising, VCs Admit
Business
1ย day, 13ย hours ago

Founders Gain Upper Hand in Fundraising, VCs Admit

Venture capitalists are shifting their fundraising strategies to better understand the challenges faced by founders, with some investors adopting a more empathetic approach by positioning themselves as trusted partners and carefully considering their

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