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Hungary says it is withdrawing from ICC as Israeli leader visits
Hungary's government has decided to withdraw from the International Criminal Court, Prime Minister Viktor Orban's chief of staff, Gergely Gulyas, told state news agency MTI on Thursday.
For Trump, tariff gamble brings political risk
He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.
Global drinks maker Suntory aims to sell local to avoid tariffs, president says
Japanese drinks maker Suntory is looking to shift where it markets its spirits across the globe as it girds for a potential trade war, its new president said on Thursday.
Trump's tariffs set to drive up bar bills and cut jobs
From Negroni cocktails to Scotch whisky, costs will rise, sales will fall, jobs will be cut, and drinks brands will disappear from U.S. bar menus as a result of President Donald Trump's reciprocal tariffs, industry bodies said on Thursday.
China, EU agree to restart talks soon on minimum price commitment on Chinese EVs, commerce ministry says
China's commerce ministry said on Thursday that China and the EU have agreed to restart talks on minimum price commitment on Chinese EVs as soon as possible during a meeting with EU trade chief last week.
Today's Highlights
Britain's Co-op reports profit rise but flags cost pressures
Britain's Co-op Group on Thursday reported a 35% increase in annual operating profit, reflecting an improved performance from its main food retail business, but said it faced cost pressures this year.
Israel to formulate 'necessary steps' in response to US tariffs, finance minister says
Israeli Finance Minister Bezalel Smotrich said on Thursday he was convening ministry officials to formulate a course of action to protect Israel's economy in the wake of President Donald Trump's decision to impose tariffs on exports.
Luxury, Swiss watchmaker shares take a hit from new U.S. tariffs
Shares in European luxury companies dropped on Thursday after U.S. President Donald Trump announced new tariffs, including on goods from the European Union and Switzerland.