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17583 articles published since 08 Mar 2022

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Battle for Khartoum wrecks key Sudan oil refinery
Battle for Khartoum wrecks key Sudan oil refinery

The once-pristine white oil tanks of Sudan's largest refinery have been blackened by nearly two years of devastating war, leaving the country heavily dependent on fuel imports it can ill afford. As the refinery grew nearer, the blackened skeletons of storage tanks loomed in the distance and the acrid smell of burnt oil grew stronger.

Hong Kong's embattled CK Hutchison says profits down in 2024
Hong Kong's embattled CK Hutchison says profits down in 2024

Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on Thursday that profits fell 27 percent in 2024. Following years of diversification, operations in mainland China and Hong Kong made up just 12 percent of CK Hutchison revenue last year, according to Thursday's results.

Europe games industry on edge as 'Assassin's Creed' hits shelves
Europe games industry on edge as 'Assassin's Creed' hits shelves

Thursday's release of action-adventure epic "Assassin's Creed Shadows" marks a make-or-break moment not just for struggling French games heavyweight Ubisoft, but for the entire European gaming ecosystem. The company is falling back on its longtime major money-spinner "Assassin's Creed" to pull it from the doldrums, this time with an episode set in medieval Japan.

Spain eyes boom in 'neglected' strategic mining sector
Spain eyes boom in 'neglected' strategic mining sector

Spain is aiming to tap its unexplored strategic mining resources as the European Union urgently seeks to ramp up production, but local resistance could frustrate the government's plans. The European Union is anxious to turbocharge production of these resources to reduce its dependence on external suppliers, particularly China, which dominates much of the market for renewable energy equipment.

Most Asian markets track Wall St rally after Fed rate signals
Most Asian markets track Wall St rally after Fed rate signals

Most Asian equities rose Thursday after US Federal Reserve boss Jerome Powell suggested any increase in consumer prices caused by tariffs would likely be short-lived, even as the central bank slashed its growth outlook and hiked inflation expectations.

Chinese tariffs on Canadian agricultural products kick in
Chinese tariffs on Canadian agricultural products kick in

Chinese tariffs on Canadian products including rapeseed oil and pork come into effect Thursday, with an industry lobby warning the new levies will have a "devastating impact" on farmers. Canadian industry leaders have warned they would be hit hard by the fresh tariffs.

Nvidia chief confident chip maker can weather US tariffs
Nvidia chief confident chip maker can weather US tariffs

Nvidia boss Jensen Huang expressed confidence Wednesday that the artificial intelligence (AI) chip giant can handle US President Donald Trump's trade war. Nvidia is not expecting tariffs to significantly affect its financial performance in the short term, according to Huang.

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