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EU trade chief says bloc will respond swiftly to US tariffs
EU trade chief says bloc will respond swiftly to US tariffs
by  AFP

The European Union will respond "firmly and swiftly" to protect its interests if Washington imposes tariffs on the bloc's goods, its trade chief said Wednesday, rejecting President Donald Trump's claim that US-EU trade ties are unfair. "To protect European interests, we will have no choice but to respond firmly and swiftly," he added ahead of talks with his US counterparts.

Ikea hopes for furniture market improvement in 2026
Ikea hopes for furniture market improvement in 2026
by  AFP

World number-one furniture retailer Ikea is hoping the market will improve next year from a decline in consumer spending on furnishing their homes, one of its senior leaders told AFP. During a recent visit to Paris to visit the Swedish chain's new city-centre shop, Inter Ikea chief Jon Abrahamsson Ring told AFP that 2025 is likely to be "challenging".

Arsenal post £17.7m loss despite record revenues
Arsenal post £17.7m loss despite record revenues
by  AFP

Arsenal lost £17.7 million in the 2023/24 season despite a return to the Champions League helping to post a club record £616.6 million ($775 million) revenue. However, wages skyrocketed to £327.8 million from £234.8 million.

Canada announces first high-speed rail: Toronto to Quebec City
Canada announces first high-speed rail: Toronto to Quebec City
by  AFP

Prime Minister Justin Trudeau on Wednesday announced Canada's first high-speed rail line, connecting major hubs from Toronto to Quebec City, calling it "the largest infrastructure project in Canadian history." This will be "the largest infrastructure project in Canadian history," Trudeau told a news conference in Montreal.