23andMe files for Chapter 11 as Anne Wojcicki steps down
The genetic-testing company says it will sell substantially all of its assets while trying to keep operating through the bankruptcy process.
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Deutsche Bank Says It Will Cut About 2,000 Retail Jobs on Event Date 2025-03-20
Chief executive Christian Sewing said the lender plans further job cuts and branch closures in Germany as it pushes to improve profitability in its retail banking business.
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Audi to cut 7,500 jobs in Germany as EV demand slows and competition bites
The Volkswagen-owned carmaker says the cuts will come through voluntary exits and contract expirations, not compulsory redundancies, as Germany's auto industry battles weak demand and Chinese competition.
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Qatar begins gas deliveries to Syria via Jordan to boost power output
Qatar has started sending natural gas through Jordan to help run Syria's Deir Ali power plant and lift electricity generation for Damascus and other cities.
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Starmer abolishes NHS England in major attempt to cut bureaucracy
The government says folding NHS England into the health department will save money and put more control directly in ministers’ hands, but critics warn that another reorganisation could disrupt care.
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Canada hits back with $20.7 billion in tariffs after Trump's metal levy
Ottawa announced retaliatory duties after Washington imposed 25% tariffs on steel and aluminum imports.
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Ontario pulls back electricity surcharge after Trump escalates tariff fight
Doug Ford suspended the levy after a call from Howard Lutnick, and the White House said Trump backed away from doubling steel and aluminum tariffs to 50%.
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Trump backs off plan to double Canadian metal tariffs after Ontario suspends electricity surcharge
After a day of threats and counter-threats, the White House says Canadian steel and aluminium will face 25% tariffs rather than the 50% rate Trump had floated.
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Ontario moves to raise electricity export charges to the U.S., targeting 1.5 million customers
Ontario Premier Doug Ford said the province would charge 25% more for electricity shipped to the United States, escalating a trade fight with Washington.
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Hamburg Airport strike cancels flights for more than 40,000 passengers
On the 2025-03-09 event date, a surprise worker strike at Hamburg Airport disrupted flights for more than 40,000 passengers ahead of a broader protest across Germany.
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China targets Canadian farm and food imports with retaliatory tariffs
Beijing said the duties begin on March 20 and will hit rapeseed oil, peas, pork and aquatic products in response to Canadian trade measures.
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NBCUniversal ends Universal Kids broadcast run as cable shakeout continues
Universal Kids is set to go dark, ending NBCUniversal’s latest underperforming cable channel as viewers keep shifting away from linear TV.
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Spain accelerates defense spending plan as Sánchez targets 2% of GDP before 2029
Pedro Sánchez said Spain would speed up defense spending so the country could reach 2% of GDP before 2029, amid pressure from NATO and Brussels.
Read report »Trump pauses some Canada and Mexico tariffs until April 2
The US president granted a one-month reprieve for qualifying imports on March 6, 2025, days after imposing 25% duties that unsettled markets and strained North American trade.
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Veterans Affairs plans 80,000-job cut in reorganization
An internal memo says the VA is preparing to return to 2019 staffing levels, raising new questions about services, timing and the administration’s broader federal cutbacks.
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Trudeau warns of retaliatory 25% tariffs on up to C$155 billion of U.S. goods
Ottawa says it will answer U.S. tariffs with an immediate C$30 billion round and a second wave in 21 days if Washington does not back down.
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Trump's tariffs take effect on Canadian, Mexican and Chinese imports
The United States imposed 25% duties on most goods from its North American neighbors and doubled an additional China tariff to 20%.
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U.S. spending boycott draws attention online, but its impact was unclear, AP says
An “economic blackout” asked Americans to avoid spending for 24 hours, though AP said there was no clear sign yet of how much consumers changed their habits.
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Danish grocery group adds star labels to flag European goods
Salling Group will mark European-made products on shelf tags as Danish consumers react to Donald Trump's Greenland ambitions.
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Trump threatens 25% tariffs on the EU as Brussels vows immediate retaliation
The president said new duties would apply generally, while the European Commission promised a firm and immediate response.
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BP agrees terms with Iraq to redevelop Kirkuk oil and gas fields
The planned partnership covers Kirkuk and three nearby fields, with BP’s compensation tied to additional production and the agreement still requiring approval from Iraq’s Council of Ministers.
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Iraq and US call for swift reopening of Iraq-Turkey oil pipeline
Marco Rubio and Mohammed Shiaa al-Sudani also discussed energy independence, investment terms, Iran and the risk of an ISIS resurgence.
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Starbucks Cuts 1,100 Corporate Jobs and Shrinks Menu in US Turnaround Push
Starbucks says it will eliminate 1,100 support roles and streamline its US menu as new chief executive Brian Niccol tries to revive performance in the company’s home market.
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Pentagon and Forest Service announce thousands of probationary layoffs
The Defense Department said it would jointly lay off 4,500 probationary workers, while the Forest Service also moved to cut staff, in a broad federal downsizing effort.
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