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Pope's 'Jubilee of Youth' ends with Rome mass for 1 million pilgrims

Pope Leo XIV presided over a final mass in Rome for over one million young people on Sunday, the culmination of a youth pilgrimage that has drawn Catholics from across the world.

OPEC+ slated to increase oil output in bid to regain market share

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting Sunday, a move analysts say is aimed at regaining market share amid resilient crude prices.

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US targets attempts to dodge Trump tariffs with China in crosshairs

As President Donald Trump ramps up tariff threats on US trading partners, his administration is taking aim at a tactic said to be used by Chinese companies to dodge the levies by moving goods through third countries.

Trump says Canada to face 35 percent tariff rate starting Aug 1

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.

UK, France unveil migrants deal as Macron wraps up state visit

London and Paris unveiled a "pilot" programme on Thursday to return to France some of the migrants arriving in the UK on small boats across the Channel, as President Emmanuel Macron wrapped up his state visit.

London stocks hit record high on tariff optimism

Stocks largely rose on Thursday, with London striking a record high, as investors remained optimistic that governments will reach deals to avoid US tariffs.

French appeals court court clears two over first lady gender rumours

A French appeals court Thursday overturned convictions against two women accused of libel against French First Lady Brigitte Macron, after they spread false claims she used to be a man that reached the United States.

Barry Callebaut cuts outlook as chocolate sales volumes melt away

The world's top industrial supplier of chocolate, Barry Callebaut, revised its financial guidance lower on Thursday as the global chocolate market suffered its worst drop in sales volume in a decade, with high prices weighing on consumers.

The $10 mn bag: Original Birkin smashes records at Paris auction

The first-ever Birkin bag designed by French luxury brand Hermes for celebrity Jane Birkin sold for 8.58 million euros ($10 million) at a Sotheby's auction in Paris on Thursday, smashing previous price records for a handbag.

Snap, crackle and pay: Ferrero to buy WK Kellogg for $3.1 bn

The Ferrero Group will acquire US cereal mainstay WK Kellogg for $3.1 billion as the Italian food giant expands further in North America, the companies announced Thursday.

Wall Street stocks stall, London hits record high

Wall Street stocks dipped Thursday while London hit a record high as investors remain optimistic overall that governments will reach deals to avoid US tariffs.

Volkswagen halts electric minivan exports to the United States

German auto giant Volkswagen said Thursday it had suspended deliveries of its electric minivan ID. Buzz due to a technical issue amid reports the decision was influenced by costly US tariffs on cars.

EU opens new probe into TikTok data transfer to China

An Irish regulator helping police European Union data privacy said Thursday it had launched an investigation into TikTok over the transfer of European users' personal data to servers in China.

Hopes for migrant deal as Macron wraps up UK state visit

London and Paris will on Thursday attempt to thrash out a deal on undocumented migrants crossing the English Channel in small boats on the last day of the French president's state visit to Britain.

In Indonesia, a start-up captures coolants to stop global warming

In the basement of a Jakarta housing complex, surrounded by the silver piping of the air-conditioning system, Indonesian technician Ari Sobaruddin is doing his part to tackle climate change.

European court to rule in Semenya sports gender case

A top European court will decide Thursday whether double Olympic champion Caster Semenya can be required to lower her testosterone levels to compete as a woman, in a key decision on contested gender testing.

Israel's Bedouin communities use solar energy to stake claim to land

At the end of a dusty road in southern Israel, beyond a Bedouin village of unfinished houses and the shiny dome of a mosque, a field of solar panels gleams in the hot desert sun.

Trump hits Brazil with 50% tariff, sets date for copper levy

President Donald Trump announced a 50 percent tariff Wednesday targeting Brazil as he blasted the trial of the country's ex-leader, and said a US "national security" levy on copper would begin in August.

Global stocks mostly up despite new Trump tariffs, Nasdaq at record

The Nasdaq powered to a fresh record and major European markets closed in the green Wednesday, brushing off US President Donald Trump's growing array of tariff targets.

Starbucks receives bids for stake in China business: US media

Starbucks has received around 30 offers from investment firms seeking a stake in the company's China business, US media reported Wednesday.

Musk's AI chatbot under fire for posts praising Hitler

Billionaire Elon Musk's artificial intelligence chatbot Grok came under fire Wednesday for anti-Semitic comments, praising Adolf Hitler and insulting Islam in separate posts on the X platform.

Trump issues more letters to countries in push for tariff deals

US President Donald Trump released a fresh set of letters to trading partners Wednesday, setting out tariff rates for six countries as Washington pushes to bring about a flurry of trade deals.

Copper giant Chile awaits 'official' news on US tariff raise

Chile, the world's biggest copper producer, said Wednesday it was awaiting an "official" follow-up on US President Donald Trump's announcement of a 50 percent tariff on imports of the metal.

X chief Yaccarino steps down after two years

Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company.

Six rescued from cargo ship attacked in Red Sea: EU naval force

Six mariners have been rescued after a deadly attack on a cargo ship that sank off rebel-held Yemen, an EU maritime force said Wednesday, as the search continued for the rest of the crew.

Commerzbank commits to strategy as UniCredit ups direct stake

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its stake in its rival, laying the ground for a potential takeover bid.

Volkswagen US deliveries fall as Trump tariffs bite

Europe's largest automaker Volkswagen said Wednesday that sales into the United States had taken a hit, underscoring the impact of President Donald Trump's drastic trade measures.

Macron turns to politics on second day of UK state visit

French President Emmanuel Macron's state visit to Britain turned to politics Wednesday as London is expected to press Paris for new measures to curb undocumented immigration.

Iraq's Kurdistan enjoys all-day state electricity

More than 30 percent of Iraq's autonomous Kurdistan region now has 24-hour state electricity, authorities said Thursday, with plans to extend full coverage by the end of 2026.

Lidl owes French rival $50 mn after ads ruled deceptive

German supermarket chain Lidl faces a 43-million-euro ($50 million) payout to a French rival after an appeals court ruled its ads to be deceptive.

Cricket's Indian Premier League value surges to $18.5 bn: report

The Indian Premier League's business value has been estimated at $18.5 billion with reigning champions Royal Challengers Bengaluru its wealthiest franchise, according to a report by an investment bank.

China's snaps 4-month consumer decline but factory price deflation deepens

Consumer prices in China rose slightly in June, official data showed on Wednesday, snapping a four-month decline even as factory gate prices were bruised by a fierce trade war with Washington.

China's 'new farmers' learn to livestream in rural revitalisation

Gao Chaorong knows what it takes to turn out good crops of sweet potatoes, peanuts and wheat, but tasty produce is no longer enough to draw China's app savvy crowd.

Asian markets mixed as Trump flags fresh tariffs, eyes on trade talks

Stocks were mixed Wednesday as investors assessed Donald Trump's latest tariff threats, while keeping an eye on trade talks after the US president warned he would not again extend a deadline to reach deals.

The China Mail - Economy (English)