Canada Finance Chief Downplays Odds of Reaching Tariff-Free Deal with US
'There's not evidence to suggest that you can have a trade deal with the US without tariffs,' Finance Minister François-Philippe Champagne said Thursday in an interview with Bloomberg Television.
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10 minutes ago
- Yahoo
CGTN: President Xi Jinping calls on China, EU to provide more stability, certainty for world
Chinese President Xi Jinping met with European Union leaders during their visit to Beijing for the 25th China-EU Summit on Thursday. CGTN published an article exploring China-EU relations in two-way trade and investment, emphasizing the need for both sides to embrace multilateralism, openness and cooperation to bring greater stability and certainty to the world. BEIJING, July 26, 2025 (GLOBE NEWSWIRE) -- Fifty years ago, China-Europe trade was a trickle. Now, as the two sides mark half a century of ties, a single day's trade equals what they exchanged in the entire year when relations were first established. Noting that this year marks the 50th anniversary of diplomatic ties between China and the European Union, Chinese President Xi Jinping said on Thursday that China-EU relations have come to another critical juncture in history. There are no fundamental conflicts of interest or geopolitical contradictions between China and the EU, Xi told European Council President Antonio Costa and European Commission President Ursula von der Leyen at the Great Hall of the People in Beijing. "The current challenges facing the EU do not come from China," he said, adding that the fundamentals and prevailing trend of China-EU relations featuring cooperation over competition and consensus over differences have remained constant. Xi put forward three proposals for the future of China-EU relations: both sides should uphold mutual respect and consolidate the positioning of their relations as partnership, embrace openness and cooperation while properly managing differences and frictions, and practice multilateralism and uphold international rules and order. Trade and investment At Thursday's meeting, the Chinese president said the China-EU economic and trade relationship is by nature complementary and mutually beneficial and can indeed achieve dynamic equilibrium through development. China's high-quality development and opening up will provide new opportunities and potentials for China-EU cooperation, Xi noted, calling on both sides to strengthen green and digital partnership and boost mutual investment and cooperation. In 2024, trade between China and the EU soared to $785.8 billion, an increase of over 300 times compared to when diplomatic relations began in 1975, according to China's customs authorities. Two-way investment flows have also shown sustained growth in recent years, indicating a positive trend. Chinese battery manufacturer CALB, for instance, is building a $2.2-billion plant in Sines, Portugal, expected to create 1,800 jobs. Xi expressed hope that the EU can remain open in the trade and investment market, refrain from using restrictive economic and trade tools, and foster a sound business environment for Chinese enterprises investing and operating in the EU. At the 25th China-EU summit on Thursday, both sides agreed to forge an "upgraded version" of the China-EU export control dialogue mechanism, have timely communication on each other's concerns and jointly keep the industrial and supply chains between China and Europe stable and unimpeded. Multilateralism Xi said China has always viewed and developed China-EU relations from a strategic and long-term perspective, regarded the EU as an important pole in a multipolar world and consistently supported European integration and the strategic autonomy of the EU. China-EU relations are not targeted at, subjugated to, or controlled by any third party, he said, calling on both sides to deepen strategic communication, enhance understanding and mutual trust, and foster a correct perception of each other. Pascal Lamy, the former European commissioner for trade, told CGTN that despite differences, China and the EU share crucial common ground in defending multilateralism and cooperating on global challenges like climate change, biodiversity loss and ocean protection. Among the outcomes of Thursday's summit, leaders of China and the EU issued a joint statement on climate change, highlighting their shared commitment to addressing climate change and pursuing green development. Xi underscored the importance of China and the EU as constructive forces for multilateralism, openness and cooperation, and called on both sides to provide more stability and certainty to the world. CONTACT: Email: cgtn@
CNET
36 minutes ago
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Cricket Wireless Debuts Prepaid Plans Starting at $35
Cricket Wireless has revamped its prepaid plans to trim prices and offer more perks, including hotspot data and bundled extras like streaming services. Cricket, owned by AT&T, competes with prepaid providers from other carriers like Verizon's Visible, T-Mobile's Mint Mobile and Dish's Boost Mobile. Cricket has trimmed its offerings down to four plans (from five) and dropped prices on all of them. Cricket's cheapest plan, called Sensible 10GB, is still $30 per month if set up with autopay (or $35 normally) and offers 5G service with 10GB of monthly data (up from 5GB previously), with speeds dropping down to 128Kbps thereafter. As a basic plan, there's no option to add fancier options like hotspot data, cloud storage or a bundled streaming service, nor can it be used in Mexico and Canada like pricier plans. The mobile company's cheapest unlimited 5G plan, Select Unlimited, is $35 per month with autopay (or $40 normally), a $5 savings from its earlier plan. While it also lacks extras, hotspot data can be added on. This is the presumed family value plan, as four lines can be included for $100 a month. Those who do want extras can pick the 5G Smart Unlimited plan for $45 per month with autopay (or $50 normally), which is a bigger upgrade on the older version of the same plan; not only is it $10 cheaper per month, but it offers 15GB of hotspot data and 100Gb of cloud storage (up from 2GB). This plan can be used in Mexico and Canada, with texting available from the US to friends in more than 200 countries and territories. The middle plans, Select Unlimited and Smart Unlimited, come with the caveat that Cricket may temporarily slow down data speeds if the network is busy. Cricket's priciest unlimited 5G plan, Supreme Unlimited, is $55 with autopay per month (or $60 normally), which is $5 cheaper than the previous version. It's intended for mobile power users with 50GB of hotspot data (up from 15GB previously), 150GB of cloud storage and HBO Max Basic with Ads, along with use in Mexico and Canada as well as texting to friends internationally. Note that all of Cricket's plans have video streaming in SD (around 480p), below the HD (1080p) that's standard on most other plans. All of Cricket's new plans include taxes and fees in the monthly price. Carriers such as T-Mobile have begun to split those out, which end up as additional charges on customers' monthly bills. Cricket's price drops follow similar moves made by the prepaid mobile providers from other carriers. In April, Verizon's Visible added a new $45-per-month higher-tier plan with 4K video streaming and international travel service. A year ago, Boost Mobile emerged from its transition to new ownership under Dish Network with refreshed offerings including a $25 monthly plan as its new cheapest option.
Yahoo
40 minutes ago
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AstraZeneca's (AZN) Dividend: Resilient, Predictable, and Built on Innovation
AstraZeneca PLC (NASDAQ:AZN) is included among the Top 10 Safest Dividend Stocks in the UK. A pharmacy worker distributing prescription medicines to patientsreceiving treatment for oncology, cardiovascular, renal, metabolism and respiratory diseases. AstraZeneca PLC (NASDAQ:AZN) is well-positioned to handle upcoming patent expirations, thanks to a robust pipeline of drugs in development. By the close of the first quarter, the company had gained approval or label updates for roughly 13 treatments. Two of its most notable experimental drugs, AZD5004 and AZD6234, show potential in the weight management space. In total, the company is advancing nearly 200 research programs across its development pipeline. AstraZeneca PLC (NASDAQ:AZN) recently announced plans to invest $50 billion in the US by 2030. This initiative is expected to generate tens of thousands of direct and indirect jobs nationwide. A key part of the investment includes the development of a new multi-billion-dollar manufacturing site in the US, which will focus on producing drug substances for its weight management and metabolic treatments—such as oral GLP-1, baxdrostat, oral PCSK9, and combination small molecule therapies. This commitment comes on top of the $3.5 billion investment the company revealed in November 2024. AstraZeneca PLC (NASDAQ:AZN) is a solid dividend payer, as it has paid uninterrupted dividends to shareholders for the past 32 years. The company offers an interim dividend of $1.03 per share and has a dividend yield of 2.13%, as of July 25. While we acknowledge the potential of AZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
