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Economy

Economy

AI safety is hard to steer with science in flux, US official says

By Jeffrey Dastin NEW YORK (Reuters) – Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that…
Economy

Economists say Canada likely missed deficit target as minister stays silent

By Promit Mukherjee OTTAWA (Reuters) -Canada’s Finance Minister Chrystia Freeland declined to say on Tuesday whether the country would achieve its deficit…
Economy

Lilly CEO says tax and regulation reform, drug affordability are focuses under Trump

By Patrick Wingrove (Reuters) – Eli Lilly (NYSE:LLY) CEO David Ricks on Tuesday said at the Economic Club of Washington that tax…
Economy

China industrial profits plunge in September, extending slump

BEIJING (Reuters) – China’s industrial profits plunged in September, extending their declines with the year’s steepest monthly fall, official data showed on…
Economy

60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns

Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
Economy

Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal

By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
Economy

China expresses concern over tariffs, sanctions in US meeting

HONG KONG (Reuters) – China expressed concern over U.S. tariffs and Russia-related sanctions during a meeting of the two countries’ Economic Working…
Economy

Citi quantifies the impact of a unilateral tariff increase by the US

Investing.com — Citi Research has quantified the impact of a unilateral tariff increase by the United States, offering a comprehensive understanding of…
Economy

G7 leaders agree to deliver $50 billion in loans to Ukraine as soon as December

By Angelo Amante and David Lawder ROME/WASHINGTON (Reuters) – Leaders of the Group of Seven wealthy democracies on Friday reached consensus on…
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