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Bank of England cuts rate as keeps watch over tariffs

Bank of England cuts rate as keeps watch over tariffs

The Bank of England on Thursday cut its key interest rate by a quarter point to four percent, the lowest level in 2.5 years, as it bids to boost a UK economy still threatened by US tariffs.

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Maddison set to miss most of Spurs season after knee injury

Maddison set to miss most of Spurs season after knee injury

Tottenham midfielder James Maddison is expected to miss most of the upcoming Premier league season after rupturing an anterior cruciate ligament.

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Plastic pollution treaty talks stuck in 'dialogue of the deaf'

Plastic pollution treaty talks stuck in 'dialogue of the deaf'

Negotiations aimed at forging a global treaty on plastic pollution are being blocked by oil-producing countries and getting bogged down in a "dialogue of the deaf", sources in and around the talks told AFP.

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Stock markets brush aside higher US tariffs

Stock markets brush aside higher US tariffs

Most stock markets gained Thursday even as President Donald Trump's new tariffs on dozens of countries took effect, with investors eyeing exemptions from his threatened 100-percent levy on semiconductors.

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Siemens warns US tariffs causing investment caution

Siemens warns US tariffs causing investment caution

Siemens warned on Thursday that US tariffs were prompting its customers in key sectors to slow investment decisions, even as the German industrial giant reported forecast-beating quarterly profits.

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Macron urges tougher line in standoff with Algeria

Macron urges tougher line in standoff with Algeria

President Emmanuel Macron urged a tougher line from Paris in an intensifying standoff with former north African colony Algeria, saying France's stance needed to "command respect".

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France seeks to 'stabilise' wildfire raging in the south

France seeks to 'stabilise' wildfire raging in the south

French firefighters said Thursday they were hoping to halt the country's biggest wildfire this summer that has left one person dead and destroyed several thousand hectares of land and dozens of homes in the south.

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India exporters say 50% Trump levy a 'severe setback'

India exporters say 50% Trump levy a 'severe setback'

Indian exporters warned on Thursday that the cost of additional US tariffs risked making businesses "not viable" after President Donald Trump ordered steeper levies totalling 50 percent on imported Indian goods.

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Germany factory output lowest since pandemic in 2020

Germany factory output lowest since pandemic in 2020

German industrial production slumped to its lowest level in June since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe's top economy even before higher US tariffs kicked in.

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Third-hottest July on record wreaks climate havoc

Third-hottest July on record wreaks climate havoc

The third-hottest July worldwide ended a string of record-breaking temperatures, but many regions were devastated by extreme weather amplified by global warming, the European climate monitoring service said Thursday.

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