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The Media Line: Gaza Authorities Confirm Technocratic Committee To Control the Strip  

Gaza Authorities Confirm Technocratic Committee To Control the Strip By The Media Line Staff Government authorities in the Gaza Strip said they have completed preparations to hand control of the territory to the National Committee for Gaza Administration (NCGA), announcing the resignation ...
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Wall Street warms to SpaceX ahead of Nasdaq 100 inclusion

(Corrects paragraph 12 to say Oppenheimer initiated coverage on SpaceX in June and not in July) By Purvi Agarwal and Rashika Singh July 7 (Reuters) - SpaceX's addition to the Nasdaq 100 on Tuesday is expected to unleash billions in passive buying, as brokerages kick off ...
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Ford to recall over 110,000 US vehicles over wiper, pinion shaft issues, NHTSA says

July 7 (Reuters) - Ford is recalling 110,626 Mustang vehicles in the U.S. in two separate recalls over malfunctioning windshield wipers and a rear differential pinion shaft that may fracture, the U.S. National Highway Traffic Safety Administration said on Tuesday. • Ford will recall 67,842 ...
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US airlines chase profits in premium cabins, deepening a fare class divide on flights

They may arrive at the same destination, but two passengers on the same flight can have strikingly different travel experiences. One traveler breezes through a priority security lane and heads straight to an invite-only lounge for craft cocktails and a chef-prepared meal before boarding early. ...
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Asian markets retreat after rebounding AI stocks send the S&P 500 to brink of a new record

BANGKOK (AP) - Asian shares have retreated, with South Korea's Kospi shedding nearly 8% despite a rebound for AI stocks that lifted stocks on Wall Street. Oil prices rose and U.S. futures were mixed. In Seoul, the Kospi lost 7.6% to 7,444.13 as shares in ...
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Indonesia’s Prabowo and India’s Modi meet to discuss expanding economic and defense ties

JAKARTA, Indonesia (AP) - Indian Prime Minister Narendra Modi met with Indonesia's President Prabowo Subianto Tuesday to discuss ways to strengthen strategic ties between Asia's two largest democracies as economic globalization faces headwinds. Discussions between the leaders will focus on several key pillars, including defense ...
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US prosecutors credit gold trader in Iran sanctions case with key help ahead of sentencing

NEW YORK (AP) - U.S. prosecutors are seeking leniency at next-week's sentencing of a Turkish-Iranian businessman who admitted to helping Iranians and their government evade sanctions and who provided key testimony at a 2017 corruption trial that strained relations between the U.S. and Turkey. The ...
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Big US banks explore Fiserv network deal, WSJ reports

July 6 (Reuters) - U.S. banks including JPMorgan and Bank of America have in recent months held preliminary discussions about a deal to acquire a network owned by the financial-technology company Fiserv, the Wall Street Journal reported on Monday, citing sources. The report sent Fiserv's ...
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Microsoft is laying off 4,800 workers: ‘AI is changing how work gets done’

(NEW YORK) -- Microsoft said on Monday it will lay off 4,800 employees and that the job cuts would be especially pronounced in its Xbox department.The layoffs will affect 2.1% of Microsoft's global workforce, Amy Coleman, executive vice president and chief people officer, said ...
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Goldman Sachs hires Google’s Evan Kotsovinos as partner, division engineering head

July 6 (Reuters) - Goldman Sachs said on Monday that Evan Kotsovinos has joined the banking giant from Google as a partner and head of asset and wealth management engineering. Here are more details from the press release: • Kotsovinos will work with teams across ...
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NY Fed says supply chain pressures eased in June

By Michael S. Derby July 6 (Reuters) - Global supply chain pressures eased in June, the Federal Reserve Bank of New York said on Monday, as the impact of the Middle East war began to fade. The bank's Global Supply Chain Pressure Index moved to 1.25 ...
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Dior beats Chanel to dress Taylor Swift for wedding of the decade

By Helen Reid PARIS, July 6 (Reuters) - In a coup for Parisian fashion house Christian Dior, both Taylor Swift and Travis Kelce wore Haute Couture designs by creative director Jonathan Anderson for their wedding in New York, handing the label an edge in its ...
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