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Trump, Xi hold long-awaited phone call on trade war
Trump, Xi hold long-awaited phone call on trade war
by  AFP

US President Donald Trump held a long-awaited phone call with Chinese President Xi Jinping Thursday as the leaders of the world's two biggest economies tried to avoid an all-out trade war. Until Thursday, the two leaders had not had any confirmed contact more than five months since the Republican returned to power, despite frequent claims by the US president that such a call was imminent.

TotalEnergies in landmark greenwashing trial in France
TotalEnergies in landmark greenwashing trial in France
by  AFP

Environmental groups took TotalEnergies to court Thursday in a landmark Paris trial, accusing the French oil and gas giant of misleading consumers with ads that overstate its climate commitments and fossil fuel transition.

Dr Martens seeks more stability after new profit slide
Dr Martens seeks more stability after new profit slide
by  AFP

British iconic bootmaker Dr Martens on Thursday announced another sharp drop in annual profits, as it looks to build on recent stability under its new chief executive. Recently-appointed chief executive Ije Nwokorie said in the earnings statement that Dr Martens had made annualised cost savings of £25 million.

US trade deficit sharply narrows in April as Trump tariffs take hold
US trade deficit sharply narrows in April as Trump tariffs take hold
by  AFP

The US trade deficit more than halved in April, government data showed Thursday, pulling back from a record as imports on a plunge in imports as President Donald Trump's global tariffs kicked in. In March, the overall US trade deficit widened to a new record of $138.3 billion as businesses sought to get ahead of Trump's promised duties.

Clean energy investment rising despite economic uncertainty: IEA
Clean energy investment rising despite economic uncertainty: IEA
by  AFP

Investment in clean energy technologies is set to strike a record this year despite global economic uncertainty, double the spending on fossil fuels that will dip for the first time since 2020, the International Energy Agency said Thursday. It expects investment in clean technologies, including nuclear and electricity distribution grids, to hit a record $2.2 trillion this year.