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Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tension

By Jiaxing Li HONG KONG, June 29 (Reuters) - The U.S. dollar was on the defensive on Monday but remained on track for its biggest monthly gain in nearly a year, due to tension in the Gulf and ahead of jobs data that could ...
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Oil climbs following renewed US, Iran strikes in Middle East

SINGAPORE, June 29 (Reuters) - Oil prices rose on Monday following days of tit-for-tat strikes by the United States and Iran in the Middle East that underscored the fragility of their interim peace deal and again slowed energy shipping in the Strait of Hormuz. Brent ...
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Iran attacks Bahrain and Kuwait following US strikes and threatens to halt talks

DUBAI, United Arab Emirates (AP) - Iran again launched drone and missile attacks targeting Bahrain and Kuwait on Sunday following new U.S. airstrikes against the Islamic Republic, and threatened a "complete halt" in negotiations to end the war if Washington continues its attacks. Efforts to ...
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Volkswagen plans to end automated driving tie-up with Bosch, Bild reports

June 28 (Reuters) - German carmaker Volkswagen plans to end its automated driving tie-up with auto supplier Bosch as part of a wider push to cut costs and boost competitiveness, Germany's Bild newspaper reported on Sunday, citing multiple sources. The Bosch partnership was launched in ...
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NASA races to save Swift telescope from falling back to Earth with daring rescue mission

CAPE CANAVERAL, Fla. (AP) - NASA is racing to save an aging telescope from falling back to Earth with a daring rescue mission. The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver. NASA ...
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Australia’s Firmus Technologies strikes AI access deal with Nvidia

By Scott Murdoch SYDNEY, June 29 (Reuters) - Australian AI infrastructure company Firmus Technologies said on Monday it had signed a strategic partnership with Nvidia Corp to help provide emerging AI firms with more cost-effective access to computing power. • Firmus said the deal would see ...
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BIS says debt, AI boom and fragilities raise global risks

By Marc Jones LONDON, June 28 (Reuters) - Global pressures from rising public debt to financial fragilities and the sustainability of the AI boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank for International Settlements. The central bank umbrella group's Annual ...
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Meet 3 members of Albania’s ‘Flamingo Revolution’ trying to torpedo a Kushner-linked development

TIRANA, Albania (AP) - Albania's rallies against a coastal development project have garnered global attention, both for their connection to Donald Trump's son-in-law Jared Kushner and because of their curious mascot. The luxury project has two components: a small resort on the uninhabited island ...
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Ukrainian strike sets fire to an oil refinery in southern Russia

KYIV, Ukraine (AP) - Ukraine kept up its heavy drone assault on Russia, setting fire to a major oil refinery in the south and killing at least two people, Russian authorities said Sunday. Kyiv's campaign of massive long-range strikes has choked Russian fuel supplies ...
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US safety agency ends power steering probe into 376,000 Tesla EVs

June 27 (Reuters) - U.S. safety regulators said on Saturday they had closed their probe into Tesla vehicles over power steering loss, in view of a company recall which was carried out last year. The National Highway Traffic Safety Administration (NHTSA) said the investigation, which ...
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LVMH and Accor’s Orient Express sets its sights on new tech billionaire class

PARIS/CANNES, France, June 27 (Reuters) - Shuttling across the French and Italian Riviera, Orient Express's first giant yacht aims to attract a new class of billionaire. Orient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive ...
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Google limits Meta’s use of its Gemini AI models, FT reports

June 28 (Reuters) - Google has put limits on Meta's use of its Gemini AI models after the social media company sought more computing capacity than the rival tech group could provide, the Financial Times reported on Sunday. Google, owned by Alphabet, told Meta ...
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