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15774 articles published since 08 Mar 2022

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Iran hackers target Harris and Trump campaigns: Google
Iran hackers target Harris and Trump campaigns: Google

Google on Tuesday confirmed that hackers backed by Iran are targeting the campaigns of US presidential rivals Kamala Harris and Donald Trump. Democratic presidential candidate Kamala Harris's campaign said Tuesday it had been targeted by foreign hackers, days after rival Donald Trump's campaign suggested that it had been hacked by Iran.

US consumer inflation sees smallest annual rise since 2021
US consumer inflation sees smallest annual rise since 2021

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates. The July CPI data are good news for US Federal Reserve as it weighs the right time to start bringing interest rates down from a 23-year high.

Mars to acquire Pringles maker Kellanova for nearly $36 bn
Mars to acquire Pringles maker Kellanova for nearly $36 bn

M&M's and Snickers maker Mars said Wednesday that it would acquire snack food business Kellanova, marking a multibillion dollar agreement set to result in a new industry giant. This would bring two new billion-dollar brands, Pringles and Cheez-It, into its business.

US consumer inflation records smallest annual rise since 2021
US consumer inflation records smallest annual rise since 2021

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates. The July CPI data are good news for US Federal Reserve as it weighs the right time to start bringing interest rates down from a 23-year high.

Foxconn net profit rises in second quarter on AI demand
Foxconn net profit rises in second quarter on AI demand

Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers. It said Wednesday that net profit for April-June rose to NT$35.05 billion (US$1.08 billion) from NT$33 billion in the same period last year.

Three years after Taliban return, economic woes loom large
Three years after Taliban return, economic woes loom large

Despite three years of improved security following the end of the Taliban's insurgency, Afghanistan's economy remains stagnant and its population is in the grips of a worsening humanitarian crisis. Though Afghans welcome the improved security in their lives, many are just trying to make ends meet.

Workers strike at world's biggest copper mine in Chile
Workers strike at world's biggest copper mine in Chile

Workers at the world's largest copper mine in Chile are striking after pay talks with Australian resources giant BHP fell apart, casting a shadow of uncertainty Wednesday over the market for the commodity. The Escondida mine in northern Chile yearly digs up around five percent of the world's copper, a coveted metal used in everything from electrical wiring to rechargeable batteries.

Seoul authorities find toxic substances in Shein and Temu products
Seoul authorities find toxic substances in Shein and Temu products

Women's accessories sold by some of the world's most popular online shopping firms contained toxic substances sometimes hundreds of times above acceptable levels, authorities in Seoul said Wednesday. Seoul authorities found sandals from Temu contained lead in the insoles at levels more than 11 times the permissible limit.

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