Top 10 International Bracking News Today :4 September 2025 Headlines
1. Fashion Icon Giorgio Armani Dies at 91
Italian fashion legend Giorgio Armani, revered for revolutionizing modern men's and women's wear, passed away at age 91. His brand, a beacon of elegance khown as Re Giorgio, earned annual revenues exceeding €2.3 billion. Armani's death marks the end of an era in haute couture, prompting tributes from celebrities and fashion houses worldwide. Funeral services will be private, with a public chamber in Milan for fans to play respects. Armani's minimalist yet luxurious designs changed the face of Hollywood fashion. His legacy will remain a corner-store of global fashion education and branding.
Source :Reuters
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2. VinFast Reports Wider Quarterly Loss
Vietnamese EV manufacturer VinFast announced a widened second quarter net loss of $812 million, citing aggressive expansion and marketing investments. Revenue climbed nearly 92% year on year to $663 million, but the mounting losses raise questions about the company's path to profitability. Analysts say VinFast needs to balance growth will financial stability or risk investor confidence. The company has recently expanded to US and European markets but faces stiff competition from Tesla, BYD and traditional automakers. Investors are closely watching its ability to scale production efficiently.
Source : Reuters
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3. U. S. Cuts Japanese Auto Tariffs to 15%
President Trump signed a new order reducing US tariffs on Japanese cars from 27.5% to 15%, effectively in seven days. In return, Japan pledged $550 billion in US investments, including increased purchases of rice and other agricultural products. The deal offers relief to Japanese automakers facing export pressure and cements strategic economic ties. Economists believe the move could lower US car prices and strengthen bilateral trade. However, critics warn it may hurt domestic automakers already struggling with rising costs.
Source :Reuters
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4. Goldman Invests $1 Billion in T.
Rowe Price
Goldman Sachs plans a $1 billion stake acquisition in asset manager T. Rowe Price, targeting 3.5% ownership. The partnership reflects Goldman's push into private market products, especially in retirement portfolios _a growing sector driven by long term investment trends. The move signals continued evolution in wealth management as lager firms diversity beyond traditional offerings. Experts see this as a strategic effort by Goldman to gain more exposure in passive funds and asset management. T. Rowe Price shares rose slightly after the announcement.
Source :Reuters
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5. Canada's Trade Deficit Narrows in July
Canada's merchandise trade deficit shrank to C$4.94 boillon in July, thanks to increased exports of crude oil and vehicles to the US. The trade surplus with the US expanded 80% to C$6.7 billion. While this marks an improvement, exports remain below last year's levels. Economists caution that ongoing US tariffs and global demand fluctuations still pose risks. This improvement could provide some relief to Canada's slowing economy. However, energy sector reliance remains a long term vulnerability in taede policy.
Source :Reuters
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6. Lisbon Funicular Crash Highlights Safety Failures
A tragic derailment of a historic funicular in Lisbon killed at least 16 people, exposing serious safety issues in the city's aging tourist transport infrastructure. The cable snapped at a sharp turn, causing the railcar to crash with devastating force. Experts called for modernization , suggesting materials like carbon fiber to better withstand derailments. The accident spurred urgent calls for infrastructure reform in heritage sites. Portugal's government has promised immediate safety audits of similar tourism attractions. Critics say negligence and lack of investment caused the tragedy.
Source :Reuters
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7. BYD Lowers 2025 Sales Targets Amid Cooling Growth
Chinese EV giant BYD lowered its annual sales goal to 4.6 million from the previous target of 5.5 million vehicles a cut of nearly 16%. The revision reflects softening demand and marks the slowest growth pace in the years. Industry watchers say BYD may need to recalibrate production and strategy to sustain momentum. Rising competition and weaker consumer spending in China are key reasons for this slowdown . Despite this, BYD remains the world's second largest EV marker after Tesla.
Source :Reuters
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8. Global Markets Rally as Jobs Data Suggest Fed Rate Cut
Global equities and bonds rallied after weak US jobs data fueled hopes of a 50 basis point rate cut by the Federal Reserve later this month. Markets briefly surged, though caution remains as investors await confirmation from upcoming payroll figures. Higher rate cut expectations could ease borrowing costs and boost global growth, analysts say. Wall Street indexes gained momentum, with the S&P 500 up 1.3% and Nasdaq up 1.7%. Investors now price in a 75% chance of a larger Fed cut.
Source :Reuters
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9. Fest5 International Film Festival Opens in Kolkata
The Fest5 International Film Festival (F5IFF'25) opened the Kolkata, highlighting films centered on climate, human dignity and global issues. The four day event aims to spark dialogue through cinematic storytelling. Organizers expect participation from filmmakers worldwide, signaling growing interest in using culture to address planetary challenges. The festival also hosts panel discussions, workshops, and exhibitions to inspire young filmmakers. Awards will be given for best documentary, feature, and experimental films.
Source :Times of India
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10. India Announces School Holidays Amid Floods & Festivals
Several Indian states declared school holidays for 4 September, citing heavy monsoon flooding and cultural festivals. Authorities emphasized safety, especially in regions facing waterlogging and disrupted transport. The move underscores ongoing climate impacts and the need to balance public safety with academic schedules. Local governments assured that makeup classes will be arranged later. Parents welcomed the decision as relief for students travelling through dangerous weather conditions.
Source :Times of India
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SUMMARY
On 4 September 2025, major global events unfolded across fashion, politics, economy and humanitarian issues. Fashion Icon Giorgio Armani passed away at 91,while geopolitical tensions rose with Israel's strikes in Gaza and US Japan trade changes. Economic updates included Canada narrowing its trade deficit and BYD cutting sales targets. Meanwhile, Lisbon faced tragedy with a funicular crash, global markets rallied on Fed cut hopes, and India declared school holidays amid floods. These events shaped the world's headlines for the day.
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