Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING — China "firmly rejects" additional U.S. tariffs on Chinese goods and will take countermeasures, the Ministry of Commerce said in a statement Tuesday.The...
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Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Two parents and their two children walk through a section of sweet cakes, biscuits and jam.Nicolas Guyonnet | Afp | Getty ImagesEuro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday.Economists surveyed by Reuters...
How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise
Paramount Pictures revamped version of Sonic the Hedgehog (r).Source: Paramount PicturesSonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming halt in 2019.A less-than-three-minute trailer released early that year to tease the film's release, which was just...
Westinghouse sees path to building cheaper nuclear plants after costly past
Cooling towers and reactors 3 and 4 are seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. Aug. 13, 2024. Megan Varner | ReutersExpanding two power plants in Georgia and South Carolina with big, new reactors was supposed to spark a "nuclear renaissance" in the U.S. after a...
Another ‘near miss’: Citigroup mistakenly credited a customer account with $81 trillion
Jim Dyson | Getty Images News | Getty ImagesCitigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280.The payment, which took place last April, was missed by two employees but caught 90 minutes after it was posted, the Financial Times first reported...