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Business

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Kraft Heinz to invest $3 billion in US plants despite gloomy outlook

Kraft Heinz investing $3 billion upgrading US manufacturing

CHICAGO, Illinois: Kraft Heinz is committing US$3 billion to revamp its U.S. manufacturing plants, marking its largest investment in...

Sweden backs EU entry into Pacific trade bloc

Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

Wall Street surges with major indices making weekly gains

Dow Jones closes 332 points higher Friday amid weekly gains

NEW YORK, New York - U.S. stocks closed higher Friday with all the major indices capping weekly gains in the process. Markets are...

US Energy Department plans major regulatory rollback

Trump's Energy Department unveils broad rule changes to cut red tape

WASHINGTON, D.C.: The U.S. Department of Energy has announced plans to eliminate or amend more than 40 regulations as part of President...

US inflation slows to 4-year low as food prices fall, rents rise

Lower food prices tame US consumer inflation in April

WASHINGTON, D.C.: In April, U.S. consumer prices went up slightly. Rent costs increased, but food prices went down, which helped keep...

US sees absolute decline in international visitor spending

Foreign travel spending in US to decline 7% in 2025, report says

NEW YORK - International travel spending in the United States is projected to decline by 7 percent in 2025, amounting to a US$12.5...

Southeast Asia

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