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Dubai Telegraph - Economy (English)
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Google launches new satellite image AI tool, alarming researchers
Google announced a new feature allowing Google Earth users to generate AI visualizations on top of the service's satellite imagery, sparking concerns from researchers and open-source intelligence experts about the potential for disinformation.
Tech-fuelled rally fizzles as oil prices rise
Asian stock markets rallied Friday, led by a record surge of almost 18 percent for Seoul as technology firms performed a blistering recovery from an extended sell-off.
US Fed dissenters call for rate hikes over sustained inflation
All three US Federal Reserve policymakers who dissented from the central bank's decision to keep interest rates steady earlier this week said Friday that rate hikes were needed now in order to avoid entrenched inflation.
New York sues online prediction markets giant Kalshi
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Commerzbank agrees to talks with UniCredit after two-year standoff
Commerzbank CEO Bettina Orlopp has called for the opening of talks with UniCredit regarding the German bank's future, deeming a "constructive dialogue" necessary after the Italian group secured nearly half of the voting rights.
Profits surge at US oil giant amid Iran war supply shock
US petroleum giants ExxonMobil and Chevron released blowout profits Friday, reflecting a major lift in business conditions from the Middle East war that easily offset negative effects at both companies.
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
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Stock markets rally on tech rebound
Global stock markets rallied Friday, led by a record surge of almost 18 percent for Seoul as technology firms performed a blistering recovery from an extended sell-off.
BP seeks to sell North Sea business as UK faces drilling dilemma
BP has launched moves to sell its North Sea business, the British oil and gas giant announced Friday, as new Prime Minister Andy Burnham faces pressure to ease drilling restrictions in the area.
France, Spain assess scorched terrain as new wildfires threaten other regions
Greek firefighters faced another day of battling flames in high-risk conditions for new ignitions on Friday as France and Spain hoped for reprieve from massive infernos that blackened swathes of terrain.
British oil giant BP aims to sell North Sea business
BP has launched moves to sell its North Sea business, the British oil and gas giant announced Friday, as new Prime Minister Andy Burnham faces pressure to ease drilling restrictions in the area.
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
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FIFA vows to go ahead with private investor proposal
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China factory activity slides as leaders seek spending boost
China's factory activity unexpectedly slid in July, official data showed Friday, as leaders in the world's second-largest economy struggle to reignite domestic demand.
Far right and far left battle for power in polarised Berlin
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Tech rebound fuels record-breaking rally in South Korean stocks
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Cables and cooling bring AI windfall to Indian suppliers
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Oil industry sees war windfall but girds for political blowback
US oil giants are set to report blowout profits Friday at a time when lofty gasoline prices are stressing consumers and exacerbating President Donald Trump's worries about upcoming midterm elections.
Amazon beats expectations with cloud and AI growth
Amazon beat analysts' expectations on Thursday when it reported growth in overall revenue and sales, particularly in its cloud, artificial intelligence and chips divisions.
Blowout Microsoft results lift US stocks as oil retreats
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Milei demands expulsion of foreigners expressing 'hate' against Argentina
Argentine President Javier Milei on Thursday imposed a bar on foreigners who express "hate" toward the Latin American country, which he claims is the target of a sinister campaign.
'Beginning of the end': Relief but no party as French wildfire winds down
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Prada profits pinched as growth hard to chase
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Stocks climb on earnings and rates, oil retreats
European and US stock markets advanced Thursday as traders tracked major earnings and central bank updates, while oil prices retreated after recent volatility caused by the Middle East war.
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US economic growth slows in second quarter, missing expectations
The United States saw slowing growth in the second quarter, the Commerce Department said Thursday, with the fallout from President Donald Trump's Iran war weighing on the world's largest economy.
Russia adds Telegram founder Durov to 'terrorist' blacklist
Russia on Thursday added Telegram founder Pavel Durov to a blacklist of "terrorists and extremists", days after saying it was seeking his arrest over accusations he let his platform be used by Ukrainian intelligence.
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
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Stocks diverge on earnings, as oil steadies
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Eurozone economy grows despite Middle East war
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BMW profit down a third as carmaker plans job cuts
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