Business
02 Jan, 2026
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PayPal applies for banking licence
US-based PayPal Holdings, Inc has formally applied to set up PayPal Bank, submitting applications to both the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation…
02 Jan, 2026
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US stocks slip during final trading day of 2025
US stocks are slipping in afternoon trading Wednesday as Wall Street closes out a banner year for markets driven by both optimism and uncertainty. The S&P 500 was down 0.2 per cent. The Dow Jones…
02 Jan, 2026
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Two sides of China’s economy
By some measures, China’s economy is looking resilient, with strong exports and breakthroughs in artificial intelligence (AI) and other advanced technologies. But that is not how it feels for many…
02 Jan, 2026
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Large lobster theft uncovers seafood gangs that impacts consumers
Imagine the buffet. Forty thousand oysters, lobster worth US$400,000 and a cache of crabmeat all were stolen in separate incidents within weeks of each other in New England. The first seafood vanished…
02 Jan, 2026
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US farmers get US$12-billion aid following Trump tariffs
US farmers are now learning how much aid they can expect to receive from a US$12-billion package that President Donald Trump announced earlier this month. The US Department of Agriculture released the…
02 Jan, 2026
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Pro-Russian hackers claim cyberattack on French postal service
A pro-Russian hacking group claimed responsibility for a major cyberattack that halted package deliveries by France’s national postal service just days before Christmas, prosecutors said in December.…
02 Jan, 2026
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US Federal Reserve officials divided on rate cuts, minutes show
Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released on Tuesday show, underscoring the…
02 Jan, 2026
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Vodafone settles US$256-million merger liabilities
Vodafone Group Plc, one of the world’s largest telecoms companies, has reached a final settlement valued at US$256 million with Vodafone Idea Limited (Vi) over liabilities dating back to their 2017…
02 Jan, 2026
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US applications for jobless benefits fell below 200,000 last week with lay-offs historically low
Fewer Americans applied for unemployment benefits last week with layoffs remaining low despite a weakening labour market. US applications for jobless claims for the week ending December 27 fell by…