Funding & Business
EU Said to Push for a Spirits-Wine Tariff Deal Touted by Arnault
The European Union is pushing to get more exemptions from the 15% tariff agreed with the US this week, with wines and spirits a top priority.
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While signs of distress at the subprime lender were largely unknown until this week, the company considered a Chapter 11 filing in August
Bullish sentiment toward stocks is rampant in the US, as one Wall Street strategist after another raises their target for an S&P 500 Index that is repeatedly setting new records.
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China controls nearly the entire supply chain for rare earths — minerals critical for EVs, wind turbines, and fighter jets. Brazil hopes to change that, with companies like Aclara building pilot plants and the government mapping vast reserves, but catching up will take massive investment, technology, and international cooperation. The global race is on to break China’s grip on one of the world’s most strategic resources. (Source: Bloomberg)
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