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Panama City (AFP) - The Panama Canal will reduce shipping volumes from next month because of a drought fueled by the El Nino phenomenon, the operator of the strategic waterway linking the Atlantic and Pacific oceans said Thursday. From September 3, the number of vessels allowed through the canal each day will be reduced due to a lack of rain, the Panama Canal Authority said
Mexico City (AFP) - Amazon announced Thursday that it would invest $2 billion in Latin American productions for its Prime Video streaming service through 2030 to harness "extraordinary" momentum in the region. "What's happening in Latin America right now is extraordinary -- the talent, the stories, the audiences," Kelly Day, Vice President of International for Prime Video, told a press conference…
Washington (United States) (AFP) - The United States and Canada are "very close" to a final trade deal, the top Canadian negotiator said Thursday after talks with President Donald Trump's team. Canada's Dominic LeBlanc met for three hours in Washington with US Trade Representative Jamieson Greer, as both countries push to finalize an agreement to avert new tariffs threatened by Trump
New York (AFP) - Yields on longterm US Treasury bonds rose Thursday despite a fresh pledge from US Treasury Secretary Scott Bessent to potentially intervene further in a bid to lower borrowing costs. All three major US indices fell decisively, following a down day on leading European bourses
New York (AFP) - Wall Street stocks fell Thursday as government bond yields rebounded despite a fresh pledge from US Treasury Secretary Scott Bessent to push yields lower. All three major US indices were decisively lower after midday, following a down day on leading European bourses
Washington (United States) (AFP) - US and Canadian negotiators resumed trade talks shortly after midday Thursday, as both countries push to finalize a deal to avert new tariffs threatened by President Donald Trump. The talks in Washington came after Prime Minister Mark Carney briefed Canada's regional leaders on the outlines of a pact to stabilize bilateral trade
Washington (United States) (AFP) - The United States on Thursday warned allies and China to join President Donald Trump's new campaign to isolate the Iranian economy, vowing that Washington would "collapse this regime" in Tehran. Iran branded the US threats as "economic terrorism" and said they would fail
New York (AFP) - Walmart reported mixed results Thursday, topping analyst estimates but experiencing slower US sales growth as consumers contended with lofty gasoline prices due to the US-Iran war. The giant US retailer steered much of the benefit from US tariff refunds towards investments to attract inflation-strapped customers, who faced gasoline prices above $4 a gallon for much of the quarter
London (AFP) - Stock markets fell Thursday on doubts about a US move to rein in soaring government bond yields, after a surge in borrowing costs for major economies worldwide. Further increases in oil prices after threats by Washington of "economic warfare" against Iran fanned inflation fears, which also weighed heavily on the dollar
Paris (France) (AFP) - Exceptionally low river levels in a Europe hit hard by drought and record heat have plunged transporters into turmoil this summer, driving up costs that everyday consumers could end up bearing. Major rivers on the planet's fastest-warming continent, including the Rhine and Danube, have sustained water shortages that scientists directly link to climate change
