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BMW aims to cut 8,000 jobs by end 2027: company source

BMW aims to cut 8,000 jobs by end 2027: company source

Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told AFP Wednesday.

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South Korean stocks plunge as tech rout deepens, oil rises

South Korean stocks plunge as tech rout deepens, oil rises

South Korean stocks suffered one of their steepest plunges on Wednesday, with the blood-letting that has battered chip firms over the past month deepening as nervous investors unwound their bets on the AI boom.

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Chawinga sisters sparkle as Malawi stun WAFCON holders Nigeria

Chawinga sisters sparkle as Malawi stun WAFCON holders Nigeria

Sisters Temwa and Tabitha Chawinga starred as rank outsiders Malawi stunned defending champions Nigeria 3-2 on Tuesday in a Women's Africa Cup of Nations (WAFCON) Group C match in Morocco.

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On London streets, homeless wary at PM's vow to end rough sleeping

On London streets, homeless wary at PM's vow to end rough sleeping

In a small square in central London, Kevin was hawking copies of the Big Issue, a charitable magazine sold by homeless street vendors.

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India's youth protests puncture Modi's aura of invincibility

India's youth protests puncture Modi's aura of invincibility

Indian Prime Minister Narendra Modi's carefully built image of invincibility is facing its toughest test yet, analysts say, after his government backed down in the face of youth-led protests over exam irregularities and jobs prospects.

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Bangladesh ex-premier Hasina vows to return despite fearing for life

Bangladesh ex-premier Hasina vows to return despite fearing for life

Bangladesh's fugitive ex-premier Sheikh Hasina told AFP she was determined to return to her country by December despite fearing for her life.

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UBS says second-quarter net profit up 17% to $2.8 billion

UBS says second-quarter net profit up 17% to $2.8 billion

Swiss banking giant UBS reported Wednesday that net profit rose 17 percent to $2.8 billion in the second quarter, driven by its investment banking arm.

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Hong Kong independent bookstores to close after police raid

Hong Kong independent bookstores to close after police raid

A Hong Kong bookshop raided by national security police this month announced on Wednesday that it would close after 50 years in business, while another shut down ahead of schedule.

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South Korean stocks collapse amid Asian tech rout

South Korean stocks collapse amid Asian tech rout

South Korean stocks suffered one of their steepest plunges Wednesday, with the blood-letting that has battered chip firms over the past month deepening as nervous investors unwound their bets on the AI boom.

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Search for survivors after powerful Japan quake kills 13

Search for survivors after powerful Japan quake kills 13

A major earthquake in Japan that all but destroyed a shopping mall killed at least 13 people, officials said Wednesday, as rescuers struggled to reach survivors feared trapped in the wreckage.

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