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Canada auto tariffs to hit 50% amid trade war

US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027,...
instant payments network grows from 178 crore annual transactions to 24162 crore

10 years of UPI: Instant payments network grows from 1.78 cr annual transactions to 24,162 crore

Instant payments network grows from 1.78 crore annual transactions to 24,162 crore Ten years ago, instant digital payments through a common platform were just taking off in India. Today, the Unified Payments Interface (UPI) processes more than 66 crore transactions every day, becoming a central part of the country’s digital payments ecosystem.Launched on August 25,...
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5 things to know before the stock market opens Monday

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. As Coca-Cola works to automate dirty soda and refreshers, CNBC’s Amelia Lucas takes readers inside the secretive labs where the soda maker is planning its next wave of innovation. Stock futures are modestly lower this morning. The three major indexes...
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BABA, MRVL, SNDK and more

Check out the companies making the biggest moves premarket: Alibaba — U.S.-listed shares of the Chinese technology company were off by 2% after the company announced it was issuing $10.2 billion of new shares to non-U.S. investors . Alibaba said all of the money it raises will be used to fund its AI projects, particularly...
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Trump Media CEO defends faster access to Truth Social posts

Trump Media interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump‘s Truth Social posts, and said more customers have signed up for the pricey and controversial service. “We’re getting into the mid-teens now, and we’re climbing,” McGurn told CNBC’s “Squawk Box” when asked if more companies had started...
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