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Economy

Trump weighs UAE currency swap as war risks test Gulf economy

US President Donald Trump said on Tuesday that Washington is considering financial support measures for the United Arab Emirates, including a potential currency

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Economy

Commodity wrap: Oil slips on US-Iran peace talk; firm dollar weighs on gold

It has been an interesting day so far with both precious metals and crude oil prices falling. Both oil and precious metals have

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Gold

How the energy crisis from Iran war is boosting China’s edge in global clean tech

America’s allies, grappling with surging energy costs triggered by Washington’s military strikes on Iran and the resulting disruption in global supply chains, are

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Gold

USA Rare Earth stock jumps on $2.8B Brazil deal to counter China grip

Shares of USA Rare Earth rose in early Monday trading after the company announced a $2.8 billion deal to acquire Brazil-based Serra Verde

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Gold

American Airlines’ stock falls as it rejects United merger talk

Shares of American Airlines fell over 3% in premarket trading on Monday after the carrier publicly dismissed speculation of a potential megamerger with

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Gold

Eli Lilly to acquire Kelonia in $7 billion cancer therapy push

Eli Lilly said on Monday it will acquire privately held Kelonia Therapeutics in a deal worth up to $7 billion, as the drugmaker

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Gold

From record inflows to 12% drawdown, what went wrong for Europe?

Three months ago, European investors were pouring money into the continent’s stock markets at a record pace, betting that years of underperformance were

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Gold

Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip

Wall Street’s main indexes opened lower on Monday, as renewed tensions between the US and Iran weighed on investor sentiment following a record-setting

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Gold

Adobe stock jumps as AI agent push aims to fend off rising competition

Shares of Adobe rose on Monday after the company unveiled a new artificial intelligence agent platform aimed at strengthening its position in an

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Gold

Tesla stock slips 2% on Monday after last week’s rally: here’s why

Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets. The move came as investors turned cautious ahead of

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