Economy - PRESS AI WORLD
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ECONOMY
Tesla Faces Rough Quarters Ahead as Profits Decline for Third Straight Time

Tesla reports a third consecutive profit drop, with CEO Elon Musk warning of potential rough patches ahead as EV tax credits expire.

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ECONOMY
BYD to Assemble Electric Vehicles in Pakistan by 2026

BYD plans to assemble electric vehicles in Pakistan by 2026, aiming to capture the growing EV market amidst local production incentives.

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ECONOMY
Jeremy Corbyn Launches New Political Party to Challenge UK Labour

Jeremy Corbyn announces a new left-wing party aiming to challenge UK Labour amid criticisms of government policies and rising political fragmentation.

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ECONOMY
Saudi Delegation Signs Historic Investment Deals Worth $6.4 Billion in Syria

Saudi Arabia and Syria forge multi-billion dollar investment deals to aid reconstruction following years of civil conflict.

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ECONOMY
U.S. Fertility Rate Hits Record Low in 2024 Amid Policy Measures

U.S. fertility rate declines to a record low as economic concerns prevail, prompting government measures like IVF access and proposed child bonuses.

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ECONOMY
India and UK Sign Landmark Free Trade Agreement to Boost Bilateral Trade

India and UK formalize a major trade deal during Modi's visit, reducing tariffs on key goods, aimed at boosting bilateral trade significantly.

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ECONOMY
UnitedHealth Faces Federal Criminal and Civil Investigations

UnitedHealth Group is under federal investigation for potential Medicare fraud, impacting its stock and corporate governance.

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ECONOMY
Student Loan Forgiveness Under IBR Plan Temporarily Suspended Amid Legal Challenges

The Education Department has paused IBR plan loan forgiveness, affecting about 2 million borrowers amid ongoing legal disputes.

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ECONOMY
Tesla Faces Major Revenue Decline Amid Political Controversy and Sales Struggles

Tesla's revenue dropped 12% in Q2 2025, marking the company's largest decline in over a decade, amid ongoing political controversies surrounding CEO Elon Musk.

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ECONOMY
Trump and Marcos Announce New Trade Deal with Philippines Set at 19% Tariff Rate

US President Donald Trump announces a new trade deal with the Philippines, imposing a 19% tariff on imports while eliminating tariffs on US exports.

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