Category: business
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Argentina Appeals $16.1 Billion YPF Judgment as Milei Seeks Economic Stability
Argentina Challenges $16.1 Billion YPF Ruling in U.S. Appeals Court NEW YORK (October 29, 2025) — Argentina will ask the 2nd U.S. Circuit Court of Appeals in Manhattan to overturn a $16.1 billion judgment awarded to minority shareholders of its state-controlled energy company, YPF S.A., following the country’s controversial 2012 nationalization of the oil giant.…
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Indian Stock Market Rises as Fed Rate Cut and US-China Trade Truce Boost Investor Optimism
Indian Shares Rally as Global Sentiment Improves MUMBAI (October 29, 2025) — Indian equity markets gained ground on Wednesday, supported by rising optimism over a U.S. Federal Reserve rate cut and encouraging signals of a potential U.S.-China trade truce. Both benchmark indices — the Nifty 50 and BSE Sensex — advanced for a second consecutive…
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Mercedes-Benz Surpasses Profit Margin Expectations as Premium Car Sales Surge
Mercedes-Benz Beats Profit Margin Forecasts in Third Quarter 2025 BERLIN/FRANKFURT (October 29, 2025) — German luxury automaker Mercedes-Benz Group AG posted stronger-than-expected results for the third quarter of 2025, as a surge in premium model sales boosted margins and helped cushion the financial impact of restructuring costs and slowing Chinese sales. The company reported a…
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Nissan and Mercedes Warn of Global Chip Supply Crisis Amid China-Netherlands Dispute
Global Automakers Hit by New Semiconductor Shock October 29, 2025 (Reuters) — The global automotive industry faces a renewed semiconductor supply crisis as Nissan Motor Co. and Mercedes-Benz Group AG on Wednesday warned of potential production disruptions following an escalating trade conflict between China and the Netherlands over Dutch chipmaker Nexperia. The dispute, rooted in…
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Tech Spending Plans to Test AI Stock Market Rally Amid Record-Breaking Valuations
Big Tech’s Massive AI Spending Under the Microscope October 29, 2025 (Reuters) — The AI-fueled stock market rally that has pushed the S&P 500 to record highs faces a critical test this week as investors look to fresh capital spending updates from U.S. tech giants including Microsoft, Alphabet, Meta, and Amazon. These companies, collectively known…
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S&P 500 and Nasdaq Futures Rise as Nvidia Nears $5 Trillion Valuation Ahead of Big Tech Earnings, Fed Rate Cut Expected
Market Overview: Tech Stocks Lift Nasdaq and S&P 500 Futures October 29, 2025 (Reuters) — S&P 500 and Nasdaq futures rose slightly on Wednesday, driven by renewed optimism in the technology sector as Nvidia Corp. (NASDAQ: NVDA) edges closer to a historic $5 trillion market capitalization. Investors are also bracing for a Federal Reserve rate…
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Apple Seeks to Dismiss Apple Pay Trade Secrets and Racketeering Lawsuit Filed by Fintiv
Apple Pushes to End Racketeering and Trade Secrets Lawsuit Over Apple Pay ATLANTA, Oct. 28, 2025 — Tech giant Apple Inc. (NASDAQ: AAPL) has asked a federal judge in Atlanta to dismiss a high-profile racketeering and trade secrets lawsuit filed by Fintiv Inc., which accuses Apple of stealing proprietary technology used to build its widely…
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Texas Sues Johnson & Johnson and Kenvue, Alleging Concealment of Tylenol’s Autism Risks During Pregnancy
Texas Attorney General Files Lawsuit Alleging Concealment of Tylenol Risks AUSTIN, Texas, Oct. 28, 2025 — Texas Attorney General Ken Paxton has filed a major lawsuit against Johnson & Johnson (J&J) and its consumer health spinoff Kenvue, alleging that the companies knowingly concealed evidence linking the use of Tylenol (acetaminophen) during pregnancy to an increased…
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Straumann’s Organic Sales Rise 8.3% in Q3, Beating Estimates Despite China Weakness
Straumann Outperforms Market Expectations with 8.3% Organic Growth BASEL, Oct. 29, 2025 — Swiss dental implant leader Straumann Holding AG (STMN.S) reported an 8.3% year-on-year rise in organic sales for the third quarter, slightly topping analyst forecasts, as strong performance in North America and most Asia-Pacific markets offset weaker demand in China. Revenue climbed to…
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Trump Touts South Korea and China Deals on Final Stop of Asia Tour
Trump Concludes Asia Tour with Optimism on Trade Deals with South Korea and China GYEONGJU, South Korea, Oct. 29, 2025 — U.S. President Donald Trump wrapped up the final leg of his five-day Asia tour in South Korea on Wednesday, signaling optimism over resolving key trade disputes with both Seoul and Beijing. Trump’s meetings come…
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