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The Teamsters, which represents hundreds of thousands of UPS employees, announced Friday that workers authorized a potential strike against the delivery service, handing union leadership additional bargaining powers during negotiations.
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Basketball legend Michael Jordan will sell his majority stake in the NBA's Charlotte Hornets to an investment consortium, the team announced Friday.
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World stock markets mostly rose Friday and currencies gyrated as investors digested diverging interest-rate decisions by central banks on three continents this week.
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French officials are fighting for possession of 1793 manifesto by a woman justifying her decision to stab a revolutionary leader to death, with local authorities saying Friday they will take the case to court.
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Intel to invest up to $4.6 bn in new Poland chip site
US chip giant Intel said Friday it will invest up to $4.6 billion to build a new site in Poland, creating around 2,000 jobs in the process.
European leaders host Musk, chase Tesla investment
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France to plough cash into low-emission planes: Macron
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UK retailer Tesco sees early signs of easing inflation
British supermarket giant Tesco said Friday there are "encouraging early signs" of easing inflation, but customers are still looking to save cash in a cost-of-living crisis.
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The Bank of Japan said Friday it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth.
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Top executive quits Nissan in new leadership turmoil
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Iran, Cuba vow to confront US 'aggressive imperial policy'
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The European Central Bank hiked interest rates to a 22-year high Thursday and said another increase in July was "very likely", as it pushed ahead with its fight against inflation despite a darkening eurozone economy.
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Global supply chains need to be redesigned to boost their resilience, US Trade Representative Katherine Tai is expected to say Thursday, stressing that this is "vital for greater national and economic security."
Stocks wobble after ECB raises rates, lowers growth forecast
Stock markets wavered Thursday as the European Central Bank raised interest rates to a 22-year high, a day after the Federal Reserve signalled it would resume raising borrowing costs after a pause.
Actor Gerard Depardieu selling art collection
French actor Gerard Depardieu, who faces mounting problems over his private life, is to sell much of his art collection worth an estimated 3-5 million euros, his auctioneers announced Thursday.
Kenya government unveils budget to opposition walkout
Kenyan President William Ruto's government presented its maiden budget to parliament on Thursday but was met with a walkout by protesting opposition MPs.
US retail sales grow at slower pace on falling gas station sales
Retail sales in the United States grew at a slower pace in May but still came in stronger than expected, according to government data released Thursday, on the back of falling gas station sales.
ECB hikes rate to 22-year high as inflation still 'too high'
The European Central Bank on Thursday said eurozone inflation was still too elevated as it hiked interest rates for an eighth consecutive time to a two-decade high, despite a darkening economic outlook.
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Europe's stocks mostly fell Thursday before an expected European Central Bank interest rate increase, and after the US Federal Reserve paused its rate-hiking cycle but signalled more to come.