July 6, 2024
Chicago 12, Melborne City, USA
Middle East

Exclusive: Microsoft’s UAE Deal May Transfer Key U.S. Chips and AI Technology Abroad

Microsoft’s recent high-profile deal with UAE-backed AI firm G42 could involve the transfer of sophisticated chips and tools, raising national security concerns. Microsoft

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Europe

Germany Supports Ending EU Tax Exemption Benefiting Online Retailers Like Shein and Temu

Germany is backing a significant overhaul of European Union import tax regulations, which could eliminate the tax exemption for low-value parcels. This exemption

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United Kingdom

National Grid to Raise $9 Billion in Largest UK Rights Issue Since 2009

Britain’s National Grid (NG.L) has announced plans to raise approximately £7 billion ($8.9 billion) through a rights issue, marking the largest UK capital

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Politics World

Wall Street Prepares for Faster Trade Settlement Amid Potential Risks

Starting Tuesday, U.S. trading will shift to a shorter settlement period, a move regulators believe will reduce risk and enhance efficiency in the

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United States

US Weekly Jobless Claims Decline, Signaling Continued Labor Market Strength

The number of Americans filing new claims for unemployment benefits fell last week, underscoring the ongoing strength of the labor market, which is

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United States

Morning Brief: Nvidia’s Surge, Fed’s Cautious Stance, and UK Election Impacts

As the markets open, Nvidia’s impressive quarterly earnings have bolstered U.S. stock futures, despite concerns over hawkish Federal Reserve meeting minutes, escalating military

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World

Improved Global Business Activity Casts Doubt Over Imminent Rate Cuts

Global business activity saw notable improvements this month, particularly in parts of Asia and Europe, according to recent surveys. This positive momentum provides

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United Kingdom

Rishi Sunak’s Early Election Call Sparks Conservative Discontent

Prime Minister Rishi Sunak’s decision to call a British election much earlier than anticipated has stirred strong emotions among Conservative lawmakers, ranging from

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Commodities

Unlocking Argentina’s Copper Wealth: Economic Reforms Key for Milei

Argentina harbors vast ambitions for its untapped copper reserves in the Andean north, aiming to become a top 10 global producer. This potential

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Middle East

Israeli Forces Intensify Operations in Gaza’s North and South

Israeli forces intensified their operations across the Gaza Strip on Thursday, resulting in the deaths of 35 Palestinians through aerial and ground bombardments,

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