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This week, critical economic events include the U.S. Federal Reserve, European Central Bank, and Bank of Canada's first 2025 meetings. Investors await comments from President Trump on tariffs. Market movements are likely, with earnings reports from Apple and Tesla and potential tariff announcements influencing economies. ECB's potential rate cut and China-U.S. trade tensions also grab attention.
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News and Media
Wall Street banks, including Morgan Stanley, are preparing to sell up to $3 billion of debt holdings in the social media platform X, formerly known as Twitter. These banks had financed Elon Musk's $44 billion buyout of X in 2022. Musk's changes to the platform have impacted its value, and banks hope to recover 90-95 cents on the dollar.
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News and Media
Maxime Chapoutier makes wines that combine French and Australian grapes, a strict no-no in the EU.
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News and Media
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