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Stocks tank globally as tit-for-tat tariffs begin

U.S. President Donald Trump gestures as he walks to board Air Force One to depart Washington from Joint Base Andrews in Maryland, Feb. 28, 2025.  Kevin Lamarque | Reuters “Tariffs” may be the most beautiful word in the dictionary for U.S. President Donald Trump, but it is one that stokes fear in investors. Risk-on assets such as stocks and cryptocurrency …

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Saudi oil giant Aramco posts drop in full-year profit, slashes dividend

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.  Hamad I Mohammed | Reuters Saudi state oil producer Aramco reported on Tuesday a decline in net profit to $106.2 billion in 2024, down from $121.3 billion in 2023. The company said its base dividend …

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