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Evening digest: Amazon’s AGI VP steps down; Boeing to resume talks with striking union

A day of significant developments is underway in the corporate world, as a key vice president overseeing one of Amazon’s most ambitious…
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US digest: Tesla gains, PCE unchanged, consumer sentiment slips

US markets closed higher on Friday as investors weighed fresh inflation data, weakening consumer sentiment, and mixed corporate developments. Tesla shares edged…
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China’s self-driving startup Momenta weighs Hong Kong over US for IPO: report

Chinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue…
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UK giants hit by cyberattacks: how Co-op, M&S, JLR disruption expose vulnerabilities

In 2025, a spate of high-impact cyberattacks struck prominent UK companies—Co-operative Group (Co-op), Marks & Spencer (M&S) and Jaguar Land Rover (JLR)…
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Meta to launch paid version of Facebook and Instagram in the UK

In a landmark move that draws a sharp new line in the global battle over digital privacy, Meta Platforms Inc. is set…
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Asian stocks close lower on Friday: Hang Seng down 1.5%, Kospi crashes 2.5%

Asian equity markets retreated on Friday, pressured by renewed concerns over US trade policy and uncertainty around the path of interest rates….
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DBS turns bullish on Baidu, citing AI-driven cloud and robotaxi gains

DBS Group Research has upgraded Baidu to a buy rating, pointing to strong prospects for its autonomous driving and cloud businesses as…
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Asian stocks end mostly flat: Nikkei climbs 0.27%, Nifty slips 0.6%

Asian equities finished Thursday’s session largely flat as enthusiasm from recent AI-driven gains cooled and expectations for aggressive US interest rate cuts…
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SAP under EU antitrust probe for ERP maintenance practices

The European Union has launched a probe into SAP SE, investigating whether the German software company restricted competition in the market for…
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Starbucks to close stores, cut 900 jobs in $1B restructuring

Starbucks Corp. on Thursday announced it will close stores and eliminate 900 positions as part of a $1 billion restructuring initiative aimed…
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