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Carney calls trade talks with US ‘nasty’
Canadian Prime Minister Mark Carney said trade negotiations with the United States had become “nasty” after President Donald Trump criticised Canada and its leadership while threatening wider tariffs. Carney said Canada would remain involved in the talks, framing them as necessary to protect Canadian jobs and businesses amid an escalating tariff dispute. Trump called Canada’s…
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Coles planning to offshore hundreds of corporate jobs to India in major outsourcing move
Coles, the Australian supermarket giant, is reportedly planning to offshore hundreds of corporate jobs to India as part of a major cost-cutting and outsourcing drive. The move would see a significant number of Australian head-office staff made redundant, reflecting a wider trend among large retailers of shifting corporate functions to lower-cost overseas locations to reduce…
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Diageo to nearly double Guinness production and shed jobs in turnaround plan
New CEO Dave Lewis lifts investors’ spirits by promising strategic overhaul worthy of his nickname ‘Drastic Dave’ Diageo’s new chief executive has unveiled plans to nearly double Guinness production while hacking back a “significant” proportion of its 30,000-strong workforce, in a strategic overhaul worthy of his nickname, “Drastic” Dave Lewis. Shares in Diageo bounced on…
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The California Teamsters union is suing the state over self-driving trucks
The California Teamsters union says that new self-driving truck regulations could eventually cause around 400,000 people to lose their jobs.
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Iran’s president blames foreign pressure as expert warns regime’s economy nears breaking point
Reports of Iranians stealing bread, cheese and meat from supermarkets align with food inflation exceeding 112%, raising fears of a breaking point.
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‘India at its core is a song-driven economy, moving toward a personality-led, show business economy.’
Times Music CEO Mandar Thakur talks catalog acquisitions, India’s subscription challenge, and why he believes Indian music’s biggest opportunity lies abroad… Source
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Iran’s deepest weakness is getting exposed through America’s maximum pressure campaign
The United States has intensified its “maximum pressure” campaign against Iran, using economic sanctions to squeeze the regime’s revenue and expose vulnerabilities within the Islamic Revolutionary Guard Corps (IRGC). The article, an opinion piece from Fox News, argues that President Donald Trump’s approach offers a genuine opportunity to weaken Iran’s pursuit of regional dominance and…
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Morning news brief
NPR’s morning news brief for 6 August 2026 rounds up three developing stories spanning international diplomacy and US politics. – Iran is reportedly nearing an agreement with Oman on navigation protocols for the Strait of Hormuz, a critical global shipping route for oil. – Both candidates in Michigan’s upcoming US Senate race face distinct challenges…
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German factory orders rise faster than expected; Asian shares fall on tech pullback – business live
Germany’s factory orders rose more sharply than expected in June, offering a bright spot for Europe’s largest economy despite disruption linked to the Iran war, even as Rheinmetall, the country’s biggest defence company, cut its outlook after losing a major government contract. The mixed signals came as Asian shares fell amid a pullback in technology…
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Dasha Burns presses Mike Johnson on the economy, Iran and Trump’s agenda
Dasha Burns presses Mike Johnson on the economy, Iran and Trump’s agenda lead image