Category: finance
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China’s Trade Surplus Tops $1 Trillion as Exporters Pivot Amid US Slowdown
China has reached a historic milestone, with its annual trade surplus in goods surpassing $1 trillion for the first time. This comes as exports to the United States slump, prompting Chinese exporters to redirect shipments to alternative markets and sustain growth. China’s Record-Breaking Trade Surplus Data released by China’s General Administration of Customs shows that
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Paramount Launches Hostile $74.4 Billion Bid for Warner Bros Discovery, Challenging Netflix
Paramount has escalated its battle for Warner Bros Discovery (WBD) with a hostile $74.4 billion cash offer, surpassing Netflix’s $72 billion deal announced just days ago. Unlike Netflix, Paramount’s proposal also includes the acquisition of WBD’s cable assets and urges shareholders to reject the Netflix bid, marking a rare and aggressive move in the U.S.
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Netflix to Acquire Warner Bros Discovery in $72 Billion Deal, Sparking Antitrust Concerns
Hollywood, December 5, 2025 – Netflix has agreed to acquire Warner Bros Discovery for $72 billion, combining one of the oldest Hollywood studios with the world’s leading streaming platform. The deal, which includes Warner Bros’ TV, film, and streaming assets, has triggered concerns over competition, content diversity, and potential price increases for consumers. Terms of
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Ford Recalls Nearly 109,000 Vehicles in U.S. Over Liftgate Hinge Cover Issue
Ford Motor Company has issued a recall of 108,762 vehicles in the United States due to a safety issue involving an improperly secured liftgate hinge cover that could detach while driving, according to the National Highway Traffic Safety Administration (NHTSA). The recall affects 2020–2022 Ford Escape models as well as the 2025 Escape, highlighting ongoing
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Trump Proposes Slashing Fuel Economy Rules, Pushing Gasoline Vehicle Sales
President Donald Trump on Wednesday unveiled a major proposal to roll back fuel economy standards established under the Biden administration, signaling a significant shift in U.S. automotive policy. The move is aimed at making it easier for automakers to continue producing gasoline-powered vehicles while slowing the push toward electric vehicles (EVs). “People want the gasoline
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U.S. Fuel Economy Rollback Could Bring Back Station Wagons, Say Officials
The U.S. government’s proposed rollback of fuel economy regulations could signal a potential return of station wagons, a popular vehicle type in the 1970s and 1980s, according to top transportation officials. “This rule will actually allow you to bring back the 1970s station wagon — maybe with a little wood paneling on the side,” Transportation
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Tesla Launches Affordable Model 3 Variant in Europe Amid Intensifying EV Competition
STOCKHOLM – Tesla (TSLA.O) has officially launched a new, lower-priced version of its Model 3 electric vehicle in Europe, following its U.S. debut two months ago. The move comes as Tesla faces softening demand across European markets and increasing competition from European and Chinese electric vehicle manufacturers. Tesla’s Strategy to Boost Sales in Europe The
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Airbus November Deliveries Dip After Industrial Glitch, Challenges December Targets
PARIS – European aerospace giant Airbus (AIR.PA) reported delivering 72 aircraft in November, bringing its total deliveries to 657 planes in 2025. The monthly figure reflects a slight decline from 78 planes in October and 84 aircraft in November 2024, underscoring operational challenges caused by an industrial glitch, Airbus confirmed on Friday. The lower November
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Netflix in Exclusive Talks to Acquire Warner Bros Discovery Studio and Streaming Service
LOS ANGELES / BENGALURU – Netflix (NFLX.O) has entered exclusive negotiations to acquire the studio and streaming service operations of Warner Bros Discovery (WBD.O), according to a Bloomberg News report posted on X. The discussions mark a potentially transformative move in the media and streaming industry, positioning Netflix as a leading contender in a high-stakes
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SoftBank’s Arm to Launch Chip Design Training Facility in South Korea to Boost AI and Semiconductor Talent
SEOUL – South Korea is set to strengthen its semiconductor and artificial intelligence (AI) sectors through a new partnership with SoftBank’s chip unit, Arm Holdings, the country’s industry ministry confirmed on Friday. The initiative, formalized through a memorandum of understanding (MoU), includes plans to establish a chip design school in South Korea to develop highly
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