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Meta’s profit hit by $16 billion tax charge

Meta recorded a nearly $16 billion onetime charge in the third quarter related to President Donald Trump’s so-called big beautiful bill, and said its capital expenditure next year would be…

Adidas sees 120-million-euro Trump tariff hit

German sportswear giant Adidas said Wednesday (Oct 29) that it expected US President Donald Trump’s tariff blitz to cost it 120 million euros (S$180.7 million) for the year. The tariffs…