Business - Page 14

Danish Pension Fund Akademikerpension to Sell All US Treasuries Over Credit Concerns Business

Danish Pension Fund Akademikerpension to Sell All US Treasuries Over Credit Concerns

Danish pension fund Akademikerpension to sell $100 million in US Treasuries by month end, citing poor US government finances and Trump policy concerns.

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Davos 2026 Opens Amid Rising Inequality and Geopolitical Tensions Business

Davos 2026 Opens Amid Rising Inequality and Geopolitical Tensions

World Economic Forum opens in Davos with Trump leading largest U.S. delegation as AI leaders gather and inequality concerns mount.

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IMF Raises 2026 Global Growth Forecast to 3.3% as AI Boom Offsets Trade Headwinds Business

IMF Raises 2026 Global Growth Forecast to 3.3% as AI Boom Offsets Trade Headwinds

The IMF raises its 2026 global growth forecast to 3.3%, citing AI investment boom and easing trade tensions. China upgraded to 4.5% growth while inflation continues to decline.

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China and Canada Announce Tariff Relief After Historic Carney-Xi Beijing Summit Business

China and Canada Announce Tariff Relief After Historic Carney-Xi Beijing Summit

China and Canada announced major tariff cuts after PM Carney met President Xi in Beijing, with China reducing canola tariffs to 15% and Canada lowering EV tariffs to 6.1%.

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Geoeconomic Confrontation Tops Global Risks for 2026, WEF Report Warns Business

Geoeconomic Confrontation Tops Global Risks for 2026, WEF Report Warns

World Economic Forum report identifies weaponization of tariffs, sanctions, and investment restrictions as top global threat for 2026, with 68% expecting fragmented world order.

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BYD Overtakes Tesla as World's Top Electric Vehicle Maker for First Time Business

BYD Overtakes Tesla as World's Top Electric Vehicle Maker for First Time

BYD sells 2.25 million EVs in 2025, surpassing Tesla's 1.64 million as Chinese automaker becomes world's largest electric vehicle maker.

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Nikkei 225 Hits Record High as Japan Snap Election Speculation Revives Takaichi Trade Business

Nikkei 225 Hits Record High as Japan Snap Election Speculation Revives Takaichi Trade

Nikkei 225 surges 3.6% to record 53,814 points as snap election reports revive Takaichi trade rally, yen weakens to 158 per dollar.

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Michael Burry Bets Against Oracle After Nvidia and Palantir Shorts Business

Michael Burry Bets Against Oracle After Nvidia and Palantir Shorts

Big Short investor Michael Burry reveals bearish bet against Oracle, citing $95B debt concerns. Adds to existing short positions on Nvidia and Palantir.

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Trump Orders $200 Billion Mortgage Bond Purchase to Lower Housing Costs Business

Trump Orders $200 Billion Mortgage Bond Purchase to Lower Housing Costs

President Trump directs Fannie Mae and Freddie Mac to use their $200 billion cash reserves to buy mortgage bonds. Experts say rates could drop by 0.25 to 0.5 percentage points.

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Two Killed, Six Injured in Shooting Outside Mormon Church in Salt Lake City Business

Two Killed, Six Injured in Shooting Outside Mormon Church in Salt Lake City

A dispute between funeral attendees led to an exchange of gunfire in the parking lot of an LDS church. One victim was getting baby formula from his car when he was killed.

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ICE Agent Kills Woman in Minneapolis: Governor and White House Clash Over Shooting Business

ICE Agent Kills Woman in Minneapolis: Governor and White House Clash Over Shooting

37-year-old Renee Nicole Good was shot dead by an ICE officer. Minnesota Governor Tim Walz disputes the government's self-defense claim, calling it 'garbage' after viewing video evidence.

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NASA to Rush Astronauts Home in Historic First After Medical Emergency on ISS Business

NASA to Rush Astronauts Home in Historic First After Medical Emergency on ISS

For the first time in ISS history, NASA is cutting a mission short due to a crew member's medical condition. The four astronauts of Crew-11 will return more than a month early.

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