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2026-10-20T17:09:44.000Z

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Aerospace Shares Fall Amid European Market Decline

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21 Hrs2026-10-19T22:24:00.000Z
Aerospace Shares Fall Amid European Market Decline

French and Italian bond yields rise amid Europe tensions

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21 Hrs2026-10-19T22:05:00.000Z
French and Italian bond yields rise amid Europe tensions

Barclays Defends £15B Private Credit

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22 Hrs2026-10-19T21:19:00.000Z
Barclays Defends £15B Private Credit

Trade talks collapse affects Canadian firms and inflation

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23 Hrs2026-10-19T20:38:00.000Z
Trade talks collapse affects Canadian firms and inflation

Unilever disposes of Welly Health brand

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23 Hrs2026-10-19T20:33:00.000Z
Unilever disposes of Welly Health brand
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China vows to safeguard firms after DeepSec ban

China has affirmed that it will strongly defend the rights and interests of its companies following the United States' directive to ban products from Deep-seek, an artificial intelligence company, and related services within U.S. federal agency systems. The Chinese Ministry of Commerce expressed its disapproval of the restrictions imposed by Washington, considering them as discriminatory limitations cloaked under national security pretenses. Meanwhile, the U.S. Department of Homeland Security announced that the ban is driven by concerns over the transfer of sensitive data to China. The ban includes removing Deep-seek products from federal agency procurement and systems, based on the 2018 Supply Chain Security Law, which involves measures aimed at reducing potential threats from Chinese companies in the field of AI. This move comes amid escalating competition between the U.S. and China in artificial intelligence, as Deep-seek seeks to compete with American firms by launching advanced models, despite restrictions on its use in some other countries like Australia and Italy.

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