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ECONOMY
Indonesia and US finalize trade deal, set for signing by Presidents in January

Indonesia and the US have resolved all issues in a tariff deal, expected to be signed by Presidents in January, boosting trade access.

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ECONOMY
Mercedes-Benz agrees to $149.6 million settlement over diesel emissions allegations

Mercedes-Benz settles diesel emissions allegations with a $149.6 million payment to resolve issues with U.S. states.

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ECONOMY
Jim Beam Pauses Production at Main Kentucky Distillery for Improvement Investments

Jim Beam to halt production at its Kentucky distillery for a year amid economic challenges and investment plans.

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ECONOMY
Italy fines Apple $115 million for alleged App Store abuses

Italy's antitrust authority fines Apple $115 million for violating privacy regulations linked to the App Store's practices.

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ECONOMY
Gold Prices Surge to Record Highs Amid Geopolitical Tensions and Economic Uncertainty

Gold prices soar past $4,400, driven by economic uncertainty and geopolitical factors.

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ECONOMY
China Imposes Provisional Duties on EU Dairy Products Amid Ongoing Trade Tensions

China's new provisional duties of up to 42.7% on EU dairy products reflect escalating trade tensions between the two economic powers.

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ECONOMY
Delaware Supreme Court Restores Elon Musk's $56 Billion Pay Package, Boosting His Net Worth to $700 Billion

Elon Musk wins legal battle as Delaware Supreme Court reinstates his $56 billion pay package, pushing his net worth over $700 billion.

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ECONOMY
US Existing Home Sales Increase Slightly in November Despite High Prices

Despite slight increases in existing home sales, the US housing market faces challenges from high prices and economic uncertainty.

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ECONOMY
Trump announces agreements to lower drug prices with major pharmaceutical companies

Trump announces new agreements with pharmaceutical firms to reduce drug prices in the US, aligned with prices in other developed countries.

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ECONOMY
Bank of Japan Raises Interest Rates to 30-Year High, Signaling Ongoing Policy Shift

The Bank of Japan has raised interest rates to 0.75%, the highest in three decades, as it aims to normalize monetary policy amid rising inflation.

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