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Israeli Prime Minister Benjamin Netanyahu’s primary coalition partners have expressed their support for a potential deal to free hostages held by Hamas, even if it necessitates altering Israel’s current Gaza war strategy. On Tuesday, Shas, an ultra-Orthodox Jewish party with 11 seats in Israel’s 120-member parliament, announced its backing for the hostage deal. This follows
Qatar announced on Tuesday that it has conveyed an Israeli proposal to Hamas, reflecting the positions outlined by U.S. President Joe Biden. The proposal now aligns more closely with the interests of both parties involved in the Gaza conflict. Qatar has been mediating between Israel and Hamas regarding the Gaza situation. During a press briefing,
A look at the day ahead in European and global markets from Kevin Buckland The once-dominant U.S. dollar is continuing to struggle, shaken by recent economic data suggesting that the narrative of U.S. economic exceptionalism may be losing its grip. On Tuesday, the dollar index fell to a new two-month low during Asian trading hours,
In recent weeks, Iran-backed Shi’ite armed groups in Iraq have significantly increased their rocket and missile attacks on Israel. This escalation has raised concerns in Washington and among some of Iran’s allies about the potential for Israeli retaliation and a broader regional conflict if these attacks cause significant damage or casualties. Although these attacks, launched
In recent weeks, Iran-backed Shi’ite armed groups in Iraq have significantly increased their rocket and missile attacks on Israel. This escalation has raised concerns in Washington and among some of Iran’s allies about the potential for Israeli retaliation and a broader regional conflict if these attacks cause significant damage or casualties. Although these attacks, launched
Joe Gebbia, a director at Tesla, disclosed that CEO Elon Musk had considered purchasing a house from Gebbia’s startup, raising concerns about the independence of Tesla’s special committee. This revelation comes as Gebbia, co-founder of Airbnb and head of the startup Samara, stepped down from the special committee overseeing key decisions about Tesla’s future, including
U.S. auto safety regulators have launched an investigation into nearly 75,000 Nissan vehicles following reports of unintended side airbag deployments. The National Highway Traffic Safety Administration (NHTSA) is focusing on 2015 model year Rogue Select vehicles after receiving complaints that side airbags deployed unexpectedly when doors were closed or slammed. The NHTSA expressed concerns that
GameStop shares surged 21% on Monday after Keith Gill, known as “Roaring Kitty” on Reddit, posted about a $116 million investment in the video game retailer. This influential figure in the 2021 retail trading frenzy reignited interest by sharing his bullish stance on GameStop. The stock was set to increase GameStop’s market value by $4.6
Global factory activity exhibited signs of recovery last month, with contractions slowing in the eurozone and manufacturing activity gaining momentum in several of Asia’s largest economies. However, the U.S. stood apart with its output weakening for a second consecutive month, according to private business surveys released on Monday. Despite the softness in U.S. manufacturing, improved
The New York Stock Exchange (NYSE) announced on Monday that it had resolved a technical issue related to Limit Up-Limit Down (LULD) bands, which led to volatility pauses for numerous stocks, including Berkshire Hathaway and Chipotle Mexican Grill. This incident, initially reported earlier in the day, caused significant price anomalies and trading interruptions. The LULD
