Frigidaire recall expands to 964,000 minifridges after fire reports
Curtis International is expanding a Frigidaire minifridge recall after fire reports, bringing the total number of affected products to about 964,000.
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Gold hits record high as investors push the metal above December's previous peak
The new all-time high extends a rally in a market often treated as a refuge when investors seek stability or worry about inflation and broader economic uncertainty.
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EU countries back Mercosur trade deal after 25 years of talks
The agreement cleared a qualified majority in Brussels despite opposition from several capitals, setting up the next steps toward signature and parliamentary scrutiny.
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Cambodia orders liquidation of Prince Bank after US indictment of founder Chen Zhi
The central bank moved to shut down the lender and suspend its operations amid a wider crackdown tied to allegations around its founder.
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Bluefin tuna fetches record ¥510.3 million at Tokyo’s New Year auction
Kiyomura Corp., operator of the Sushi Zanmai restaurant chain, placed the winning bid for the 243-kilogram fish at Toyosu market’s first auction of 2026.
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Syria Starts Circulating New Post-Assad Banknotes
Syria began circulating new currency bills and withdrew old banknotes from circulation, with the new notes removing two zeros from the old denomination system.
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BYD moves ahead of Tesla in annual battery-electric vehicle sales
Tesla delivered 1.64 million vehicles in 2025, while BYD reported 2.26 million battery-powered car sales as competition intensified.
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Bulgaria adopts the euro as citizens split over price rises and political symbolism
The Balkan state becomes the 21st eurozone member, but the switch from the lev has sparked debate over inflation, identity and whether the public was given enough say.
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Turkmenistan legalizes crypto mining and exchanges but keeps digital money off-limits
Turkmenistan has legalized cryptocurrency mining and exchanges under civil law, but it still will not recognize digital currency as legal tender.
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South Korea tops $700 billion in exports as AI chip demand drives record semiconductor sales
South Korea's exports reached a record in 2025, powered by soaring semiconductor sales tied to artificial intelligence demand.
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Iran names new central bank governor as protests intensify over rial collapse
Iran appointed Abdolnasser Hemmati as central bank governor after a record rial سقوط and mass protests over inflation and prices.
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China sanctions 20 US defense firms over Taiwan arms sale
Beijing froze assets and barred dealings with a group of American defense companies and executives after Washington approved a major weapons package for Taiwan.
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China raises provisional tariffs on EU dairy imports
Beijing said milk, cheese and other dairy products from the European Union will face duties of up to 42.7 percent while a broader trade fight continues.
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Philippines extends sugar import ban through December 2026 to protect local producers
The agriculture department says improving supply conditions still justify keeping the moratorium in place for another year.
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TikTok reaches US ownership deal with Oracle, Silver Lake and MGX to avert ban
19, 2025. ByteDance signed binding agreements to place about 80% of TikTok's US assets into a new American-led joint venture, a move aimed at keeping the app online in the United States.
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US proposes mandatory five-year social-media history for ESTA visitors
The draft would expand the data collected from travellers in the Visa Waiver Program, but officials stressed that no final rule had been adopted.
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India orders IndiGo to cut flights 5% after mass cancellations and scheduling failures
9, 2025. India's aviation regulator ordered IndiGo to trim departures after more than 2,000 cancellations and a plunge in on-time performance exposed planning failures and pilot-rest problems.
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IMF approves $1.2 billion for Pakistan after economic and climate reviews
The IMF has approved another $1.2 billion for Pakistan, bringing total disbursements since last year to about $3.3 billion.
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Pegasus agrees to buy Smartwings and Czech Airlines for $180 million
Turkey’s Pegasus Airlines has signed a deal to acquire Smartwings and Czech Airlines, with ownership transfer expected within 12 months.
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Netflix agrees to buy Warner Bros Discovery for $72bn
The streaming giant has struck a deal for Warner Bros film and streaming assets, setting up one of the biggest ownership shifts in modern entertainment.
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IMF reaches preliminary deal with Ukraine on more than $8 billion package
The staff-level agreement could unlock fresh financing as Kyiv faces the strain of more than three years of war.
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Verizon starts more than 13,000 layoffs in major company reorientation
Verizon began cutting more than 13,000 jobs as CEO Dan Schulman said the company needed to reorient its cost structure and investment priorities.
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UK moves to prohibit live-ticket resale above face value
The proposed crackdown targets automated bulk buying and inflated secondary-market listings, though resale platforms warn it could drive trade underground.
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Emirates orders 65 Boeing 777-9s as Dubai Air Show opens
Emirates placed a 65-jet Boeing 777-9 order at the Dubai Air Show, underscoring long-haul demand through the Gulf hub.
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