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Iran has enriched uranium to up to 63% purity, IAEA says
“Fluctuations” at Iran’s Natanz plant pushed the purity to which it enriched uranium to 63 percent, higher than the announced 60 percent that complicated talks to revive its nuclear deal with world powers, a report by the UN nuclear…
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Wall Street closed lower on sales fueled by inflation concerns
US stocks closed lower on Tuesday due to concerns over rising commodity prices and a labor shortage.
This came despite assurances from the US Federal Reserve that price increases in the short term may turn into inflation in the long…
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Qatar freezes assets of six citizen businessmen
Qatar froze the assets of six local businessmen as part of a crackdown against high-ranking figures that began last week with the publicly announced arrest of the Gulf nation’s finance minister, Bloomberg reported.
The six were named in…
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DEWA arm to build region’s ‘largest solar-powered’ data center with Huawei
The digital arm of Dubai Electricity and Water Authority (DEWA), Moro Hub, has signed an agreement with Huawei to build the largest solar-powered data center in the Middle East and Africa region.
The data center, to be built at the…
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British Airways owner IAG expects travel recovery from July
British Airways owner IAG is confident travel will recover from July onwards after forecasting only a minimal increase in its capacity to 25 percent for the April to June quarter.
IAG, which also owns Iberia and Vueling in Spain and Aer…
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China propels BMW to strong profits, Germany lags
Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year even as its home market Germany trailed the ongoing recovery in global car markets from the worst of the pandemic…
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Twitter rolls out Tip Jar – allowing users to send money to favorite accounts
Twitter announced on Thursday the roll-out of Tip Jar, a new in-app payment feature that allows users to send money to their favorite accounts.
Users with access to the new feature will be able to connect their Twitter accounts with Tip…
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Tunisia sees IMF deal within three months
Tunisia expects to agree on a new program with the International Monetary Fund (IMF) within three months, Finance Minister Ali Kooli said, as talks continue on reforms for the country’s troubled economy, Bloomberg reported.
Discussions…
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Morocco Spends MAD 3 Billion Annually for Road Network Maintenance
The Minister of Equipment, Transport, Logistics, and Water, Abdelkader Amara, announced that Morocco allocates an annual budget of MAD 3 billion ($336.34 million) for the maintenance of the national roads network. The figure represents 46%…
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Oil prices are up more than 1% as sentiment improves on demand hopes
Oil prices rose more than 1 percent today, Monday, while Chinese economic figures and vaccine distribution rates in the United States indicated a strong recovery in demand in the two largest economies in the world.
But investors remain…
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