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Five EU finance ministers propose a tax on energy companies' windfall profits due to rising fuel prices linked to the Iran conflict.
SoftBank sells Nvidia stake for $5.8 billion, shifting focus to AI investments while raising concerns about potential market bubbles.
Volkswagen reports a $1.5 billion loss from tariffs and adjusts profit expectations amidst ongoing trade tensions.
Tesla reports a third consecutive profit drop, with CEO Elon Musk warning of potential rough patches ahead as EV tax credits expire.
China's industrial profits decreased by 9.1% in May, impacted by weak demand and ongoing trade tensions.
Global airlines revise 2025 profit forecasts, citing trade tensions and jet delivery delays as key challenges.
PDD Holdings reports nearly 50% profit drop in Q1 due to trade tensions and competition.
Saudi Aramco's first-quarter profits fell by 4.6% due to lower oil prices and rising operational costs, impacting Saudi economic plans.
Panasonic announces a workforce reduction of 10,000 employees while expecting a significant profit increase in its battery division.
Toyota forecasts a 21% drop in profits for fiscal 2025 due to U.S. tariffs and an appreciating yen, highlighting the impact of trade relations on the auto industry.
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