Shell net profit retreats on lower energy prices
British energy giant Shell on Thursday said its net profit slid 23 percent in the first six months of the year, hit by lower oil and gas prices.
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Unilever profit slides ahead of ice cream demerger
British consumer goods giant Unilever on Thursday said net profit fell five percent in the first six months of the year, as it prepares to demerge its ice cream business.
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Trump announces new tariffs as deadline nears
US President Donald Trump imposed new tariffs to punish or favor major trading partners Wednesday, as governments raced to strike deals with Washington less than 24 hours before an August 1 deadline.
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US tariffs corrode steelmaker ArcelorMittal's profitability
The world's number two steelmaker, ArcelorMittal, said on Thursday its half-year net profit jumped on exceptional items but US tariffs began to eat into its margin.
Read moreLions have 'massive responsibility' to finish job against Wallabies
British and Irish Lions coach Andy Farrell warned Thursday there will be no let-up against the Wallabies in the third Test, with a rare series whitewash a big incentive to finish the job.
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BMW profits slump on China woes, US tariffs
BMW said Thursday its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling sales in key market China and US tariffs.
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Russia strikes kill six in Kyiv, Moscow says captured key town
Russian strikes on Kyiv killed at least six people, officials said Thursday, as Moscow claimed the capture of a town that had been a key stronghold for the Ukrainian army in the east of the country.
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Firms in Vietnam walk tightrope as Trump's transshipping rule looms
As Donald Trump's eye-watering tariffs on Chinese products passing through Vietnam are set to kick in Friday, companies in the Southeast Asian country are cautiously waiting to see what falls into that category.
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China summons chip giant Nvidia over alleged security risks
Chinese internet authorities summoned Nvidia on Thursday to discuss "serious security issues" over some of its artificial intelligence (AI) chips, as the US technology giant finds itself entangled in trade tensions between Beijing and Washington.
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Veteran White gets fairytale sendoff for 'deflated' Wallabies
Wallabies coach Joe Schmidt insisted Thursday on picking retiring scrum-half Nic White for the third British and Irish Lions Test was not a sentimental decision and he was banking on the veteran to help rally his "deflated" team.
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