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The Media Line: Israel Signs Record $35 Billion Natural Gas Deal with Egypt Through 2040  

Israel Signs Record $35 Billion Natural Gas Deal with Egypt Through 2040   By The Media Line Staff  Partners in Israel’s Leviathan offshore gas field have signed a landmark $35 billion agreement to export natural gas to Egypt through 2040—marking the largest energy export deal in the ...
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Trump’s sweeping new tariffs take effect

(WASHINGTON) -- President Donald Trump’s sweeping new tariffs finally took effect on Thursday, slapping levies on dozens of countries and risking price increases for a host of everyday goods.Tariffs between 10% and 41% were applied to nearly 70 countries beginning at 12:01 a.m. Thursday, ...
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US applications for jobless benefits up modestly but remain at a healthy level

WASHINGTON (AP) — The number of Americans filing for jobless benefits rose modestly last week, a sign that employers still retaining workers despite economic uncertainty related to U.S. trade policy. Jobless claims for the week ending Aug. 2 rose by 7,000 to 226,000, the Labor ...
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Trump tariffs split Japan Inc as Toyota cuts forecast while Sony, Honda raise

(Corrects Toyota’s operating profit forecast to 3.2 trillion yen (not 1.4 trillion yen) in paragraph 10) By Daniel Leussink and Sam Nussey TOKYO (Reuters) -U.S. President Donald Trump’s tariffs are cleaving Japan Inc, as some big exporters like Toyota Motor slash their profit forecasts while ...
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Investors cool towards private credit and passive equities, Goldman Sachs says

By Nell Mackenzie LONDON (Reuters) -Big investors are turning more cautious on areas such as passive equities and private credit this year and are more interested in hedge funds as a sector than they have been for several years, according to a Goldman Sachs survey. ...
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Bombardier to expand aftermarket service centers across multiple US locations

(Reuters) -Bombardier said on Thursday it would expand its services and support network to multiple regions in the United States, as the Canadian business jet maker aims to meet increasing demand for aftermarket care from its customers. The expansion is expected to roll out over ...
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Martin Marietta second-quarter profit rises on infrastructure demand

(Reuters) -Martin Marietta Materials posted a 12% rise in second-quarter profit on Thursday, aided by stronger pricing and infrastructure demand. Higher demand for data centers powering artificial intelligence has helped boost construction activity. Construction firms have also benefited from former U.S. President Joe Biden’s Infrastructure Investment ...
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US jobless claims tick up in latest week; productivity improves in second quarter

By Dan Burns (Reuters) -The number of Americans filing new applications for unemployment benefits ticked higher last week, suggesting the labor market was largely stable even though job creation is weakening and it is taking laid-off workers longer to find new jobs. Initial claims for state ...
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Intel’s stock tumbles after Trump says its CEO must resign

Intel’s shares are tumbling before markets opened Thursday after President Donald Trump said in a social media post that the chipmaker’s CEO needs to resign. “The CEO of Intel is highly CONFLICTED and must resign, immediately,” Trump posted on Truth Social. “There is no other ...
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Roblox rolls out open-source AI system to protect kids from predators in chats

Roblox, the online gaming platform wildly popular with children and teenagers, is rolling out an open-source version of an artificial intelligence system it says can help preemptively detect predatory language in game chats. The move comes as the company faces lawsuits and criticism accusing ...
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United Airlines tech issue that impacted more than 1,000 flights resolved, residual delays expected

A disruption to a system housing United Airlines’ flight information that caused more than 1,000 delays has been resolved, but delays continued into Thursday. The impacted system, called Unimatic, houses flight information that is fed to other systems including those that calculate weight and balance ...
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Duolingo surges as AI-led growth, forecast raise boost investor confidence

By Akash Sriram (Reuters) -Duolingo shares surged nearly 30% before the bell on Thursday, after its annual forecast increase buoyed investor confidence in its ability to drive user growth through AI features and social engagement, while enhancing monetization. The company is maintaining user growth by experimenting ...
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