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US consumer inflation cooled in April to lowest level since 2021
US consumer inflation cooled in April to lowest level since 2021
by  AFP

US consumer inflation cooled slightly in April, figures showed Tuesday, coming in better than expected against a background of President Donald Trump's sweeping tariffs. The monthly figure was slightly below expectations, while the annual figure was in line with forecasts.

Europe's biggest 'green' methanol plant opens in Denmark
Europe's biggest 'green' methanol plant opens in Denmark
by  AFP

Europe's largest "green" methanol plant opened in Denmark on Tuesday, boosting the continent's emissions reduction efforts -- with customers ranging from shipping giant Maersk to toymaker Lego and pharmaceutical firm Novo Nordisk. The e-methanol will serve as fuel for Maersk ships, raw material for Lego's colourful plastic bricks and a component for Novo Nordisk's insulin injection pens.

Customer data stolen in Marks & Spencer cyberattack
Customer data stolen in Marks & Spencer cyberattack
by  AFP

British retailer Marks & Spencer said on Tuesday that some personal data of its customers was stolen in a cyberattack that has crippled its online services for weeks. "We are writing to customers informing them that due to the sophisticated nature of the incident, some of their personal customer data has been taken," the company said in a statement on Tuesday.

German investors cheered by tariff talks, new government
German investors cheered by tariff talks, new government
by  AFP

German investor sentiment has jumped, buoyed by rollbacks of US tariffs, and the formation of a new national government, a closely-watched survey showed Tuesday. Almost all German sectors experienced a rise in confidence, the survey showed, but optimism grew fastest in export-intensive industries such as steel and chemicals.

Nissan posts $4.5 billion annual net loss, says to cut 20,000 jobs
Nissan posts $4.5 billion annual net loss, says to cut 20,000 jobs
by  AFP

Japan's Nissan posted a huge annual net loss of $4.5 billion on Tuesday while confirming reports that it plans to cut 15 percent of its global workforce and warning about the possible impact of US tariffs. The company's shares closed three percent higher on Tuesday after reports, later confirmed by Nissan, said it was planning a total of 20,000 job cuts worldwide.