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US wine merchants urge exclusions from blanket tariffs
As President-elect Donald Trump vows sweeping tariffs on even America's close partners once in office, US wine merchants and restaurateurs are watching with trepidation -- and pushing for exclusions they say will protect small businesses. "We hope that there would be exclusions for products that are especially important to American small businesses," Aneff said.
Defiant Adani says committed to compliance after US indictment
Indian billionaire Gautam Adani on Saturday said "attacks" on his company made it "stronger", days after US prosecutors accused him and other officials of fraud. "What I can tell you is that every attack makes us stronger and every obstacle becomes a stepping stone for a more resilient Adani Group," he said at an awards ceremony in the northern Indian city of Jaipur.
US 'Black Friday' online spending put at record $10.8 bn
American consumers spent a record $10.8 billion online during "Black Friday" promotions, with many using artificial intelligence tools to find the best deals, Adobe Analytics announced Saturday. As Black Friday promotions continue, online consumers are expected to spend an additional $5.2 billion on Saturday and $5.6 billion on Sunday, Adobe said.
Romania's economic troubles fuel far-right rise
In a working class neighborhood of Bucharest, pensioners like Ana Sandu wait for the afternoon to buy food when prices are lower, as inflation dampens hopes of a better life in the EU state heading into key elections.
Trudeau in Florida to meet Trump as tariff threats loom: media
Canadian Prime Minister Justin Trudeau arrived in Palm Beach, Florida, on Friday for what Canadian and American media said was a meeting with US President-elect Donald Trump at his Mar-a-Lago luxury estate. According to the website Flightradar, the Canadian leader's plane landed at Palm Beach International Airport late in the afternoon.
Global wine output to hit lowest level since 1961
Global wine production is set to fall again this year to its lowest level since 1961 due to climate change, the International Organisation of Vine and Wine (OIV) said Friday. "The preliminary estimates reveal a complex landscape of climatic disruptions across EU wine regions due to climate change," it said.
Inflation-wary US consumers flock to 'Black Friday' deals
US shoppers are out in force for "Black Friday," but inflation nerves have left them jittery, analysts say, prompting retailers in the world's biggest economy to come up with ever more deals. The so-called "Black Friday" discounts day originated as a single day when shoppers poured -- sometimes stampeded -- into malls in search of incredible deals.
Ngozi Okonjo-Iweala: the WTO's trailblazing motivator
Ngozi Okonjo-Iweala, reappointed on Friday as head of the World Trade Organization, hinged her leadership on breaking logjams at the sclerotic institution through craft, dynamism and sheer force of personality. "Ngozi brings a huge amount of personal authority, credibility and capability to what's a challenging and difficult role," Britain's trade minister Douglas Alexander told AFP last month.
WTO chief reappointed as Trump threat looms
World Trade Organization chief Ngozi Okonjo-Iweala was reappointed Friday for a second term, in the shadow of the coming return of Donald Trump and his disdain for international trade rules. The organisation's 166 members "today agreed to give incumbent Ngozi Okonjo-Iweala a second term as director-general," the WTO said in a statement.
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