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Stocks muted as investors track US-China trade talks

Global stock markets diverged on Tuesday as investors waited for the outcome of US-China talks aimed at cementing a fragile trade war truce between the world's two biggest economies.

Hopes rise on second day of US-China trade talks

The United States and China huddled for a second day of talks in London on Tuesday, with Washington sending positive signals that the two superpowers might resolve a bitter trade war dragging on the global economy.

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'Treasure hunt': tourists boost sales at Japan's Don Quijote stores

Business is booming at Japanese discount chain Don Quijote, which sells everything from nostril-hair wax to compact gadgets and colourful party costumes, thanks to its cult status among tourists but also inflation at home.

As Trump family's Gulf empire grows, rulers seek influence, arms, tech

Ahead of US President Donald Trump's Gulf visit next week, his son Eric was promoting his crypto firm in Dubai, while Don Jr prepared to talk about "Monetising MAGA" in Doha.

Film claims to name killer of slain journalist Shireen Abu Akleh

A new documentary purports to name the Israeli soldier who killed Al Jazeera reporter Shireen Abu Akleh, who was gunned down in the West Bank while reporting in 2022.

Trump hails US-China trade 'reset' after first day of talks

US President Donald Trump hailed early Sunday a "total reset" in US-China trade relations following the first day of talks between top American and Chinese officials in Geneva aimed at de-escalating tensions sparked by his aggressive tariff rollout.

Leo XIV, new pope and 'humble servant of God', visits Francis's tomb

Leo XIV prayed at the tomb of Pope Francis on Saturday, just two days after being elected new head of the Catholic Church and hours after vowing to humbly follow in his predecessor's footsteps.

Verdict due Tuesday in Depardieu sexual assault trial

A court in Paris on Tuesday is set to hand down a verdict in the sexual assault trial of French cinema icon Gerard Depardieu, a case that gripped the country for weeks.

US and China meet in 'important step' towards de-escalating trade war

Senior US and Chinese officials were meeting in Geneva Saturday in what Chinese state media described as an "important step" towards resolving the trade war sparked by President Donald Trump's sweeping tariffs.

Champions Chelsea finish WSL season unbeaten

Chelsea ended the Women's Super League season unbeaten after Aggie Beever-Jones's stoppage-time goal secured a 1-0 win over Liverpool at Stamford Bridge on Saturday.

Pope Leo XIV says choice of name reflects social commitment

Pope Leo XIV said Saturday he intended to follow his predecessor's path as pontiff, praising Francis's "complete dedication to service" and explaining his name choice reflected a commitment to social causes, according to the Vatican.

With papacy, Leo XIV inherits Vatican money troubles

Along with the spiritual leadership of the world's 1.4 billion Catholics, Pope Leo XIV now inherits oversight of the Vatican's shoddy finances -- and his predecessor's efforts to clean them up.

'Pragmatic' approach could reap 'ambitious' UK-EU deal: Starmer

A "pragmatic" approach to talks on food standards, youth mobility and European courts could yield an "ambitious" post-Brexit deal between the EU and UK, Prime Minister Keir Starmer said in an interview published Saturday by The Guardian newspaper.

Thousands confined indoors by toxic chlorine cloud in Spain

Spanish authorities told more than 160,000 people near Barcelona to stay indoors on Saturday after a fire at an industrial warehouse released a toxic cloud of chlorine over a wide area.

US and China meet in bid to 'de-escalate' trade war

Senior US and Chinese officials met in Geneva on Saturday in a bid to de-escalate a trade war sparked by President Donald Trump's sweeping tariff rollout and fuelled by Beijing's strong retaliation.

US and China set for talks in bid to 'de-escalate' trade war

Senior US and Chinese officials will meet in Geneva on Saturday, seeking to de-escalate a trade war sparked by President Donald Trump's sweeping tariff rollout and fuelled by Beijing's strong retaliatory measures.

China's consumption slide deepens as tariff war bites

China said Saturday that consumer prices slumped in April for the third straight month, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington.

Gabon longs to cash in on sacred hallucinogenic remedy

Beneath yellow fruit, hidden within the roots of the iboga plant in the forests of Gabon, lies a sacred treasure that the country is keen to make the most of.

Stocks mixed as global markets eye US-China tariff talks

Global stocks were mixed Friday as markets awaited weekend US-China talks amid hopes for a deescalation in the trade war between the world's two largest economies.

Serbia's Vucic seeks low-price gas in Putin meeting

Serbian President Aleksandar Vucic asked Vladimir Putin during a meeting Friday to keep providing his country with cut-price gas, an arrangement the Russian leader said they would "definitely" discuss.

Dozens of minors killed in Mexico cartel infighting

Dozens of minors have been killed during months of fighting between two factions of the Sinaloa drug cartel in northwestern Mexico, a local ombudsman said Friday.

US, Swiss agree to speed up tariff talks

Switzerland and the United States agreed Friday to speed up negotiations towards a deal on averting further tariffs planned by Washington, the Swiss president said after talks with top US officials.

Trump suggests lower 80% China tariff ahead of Geneva trade talks

US President Donald Trump signaled on Friday that he could lower tariffs on Chinese imports, as the rival superpowers prepare for trade talks in Switzerland over the weekend.

British Airways owner unveils big Boeing, Airbus order

IAG, owner of British Airways and Spanish carrier Iberia, announced Friday a multi-billion dollar order for Boeing and Airbus planes, as it maintained its outlook despite economic uncertainty.

Japan's Panasonic targets 10,000 job cuts worldwide

Japanese electronics giant Panasonic, which supplies batteries to Tesla, said Friday it will target 10,000 job cuts worldwide as part of efforts to boost profitability.

German lender Commerzbank's profits jump as it fends off UniCredit

German lender Commerzbank on Friday reported its best quarterly profit since 2011, ahead of a key shareholder meeting where it will seek to rally support to fend off advances from Italy's UniCredit.

China sales to US slump even as exports beat forecasts

China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a gruelling trade war with its superpower rival.

Chinese fabric exporters anxious for US trade patch-up

Surrounded by samples of silk and glittering tweed in one of China's largest fabric markets, textiles exporter Cherry said she was anxiously awaiting the result of trade talks with the United States this weekend.

Former head of crypto platform Celsius sentenced 12 years

The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, was sentenced Thursday to 12 years in prison on fraud charges.

Trump unveils UK trade deal, first since tariff blitz

US President Donald Trump and British Prime Minister Keir Starmer unveiled a "historic" trade agreement Thursday, Trump's first deal with any country since he unleashed a blitz of sweeping global tariffs.

US automakers blast Trump's UK trade deal

The Trump administration's latest trade deal with Britain unfairly penalizes US automakers that have partnered with Canada and Mexico, a trade group representing Detroit automakers said Thursday.

US unveils ambitious air traffic control upgrade

The Trump administration unveiled Thursday a plan to overhaul the antiquated US air traffic control system, acting with industry and lawmakers' support on a hot-button issue after a deadly crash this year.

Trump hails 'breakthrough' US-UK trade deal

US President Donald Trump unveiled a "breakthrough" trade agreement with Britain on Thursday, the first deal with any country since he launched his global tariffs blitz.

Stocks rise as US-UK unveil trade deal

Stock markets mostly rose Thursday as US President Donald Trump unveiled a trade deal with Britain, boosting hopes for other countries' tariff negotiations.

The Prague Post - Economy (English)