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Story summary
- Italian dairy producers reported €3 million losses after a diesel-price protest halted buffalo mozzarella production for 24 hours.
- The protest blocked milk from reaching dairies and prevented finished cheeses from reaching customers.
- Barclays announced it will cut about 5,000 jobs, roughly 5 % of its workforce.
- Barclays said the cuts aim to use artificial intelligence to reduce costs.
- AI-exposed stocks slid despite Nvidia chief executive Jensen Huang’s call for “responsible optimism” on AI.
