Iran-backed forces seize tanker, maritime sources say; Iran denies it

DUBAI/LONDON (Reuters) -Iranian-backed forces are believed to have seized an oil tanker in the Gulf off the coast of the United Arab Emirates, three maritime security sources said, after Britain’s maritime trade agency reported a “potential hijack” in the area on Tuesday.FILE PHOTO: Mercer Street, an Israeli-managed oil tanker that was attacked last week is seen off Fujairah Port in […]

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U.K. considers blocking Nvidia's $40 billion takeover deal for Arm – Bloomberg News

FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith (Reuters) -The UK government is considering blocking chip designer Nvidia Corp’s $40 billion acquisition of British peer Arm Ltd on potential national security risks, Bloomberg News reported on Tuesday, citing people familiar with the matter. (bit.ly/3A3h9hG) Nvidia said […]

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European stocks hit record highs as earnings help dispel early gloom

(Reuters) – Strong earnings updates from oil major BP, banks and others drove European stocks to record highs on Tuesday even as concerns lingered over rising Delta variant cases and China’s regulatory moves.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 30, 2021. REUTERS/StaffAfter a hesitant start, the region-wide STOXX 600 index […]

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Australia, NZ dollars up slightly ahead of cenbank decisions

SYDNEY, August 3 (Reuters) – The Aussie and kiwi dollars were trading slightly higher on Tuesday, ahead of the Reserve Bank of Australia’s monetary policy decision that is expected to see its July bond tapering decision reversed due to ongoing pandemic lockdowns. The Australian dollar was up 0.03% at $0.7366 ahead of the RBA’s announcement, after falling as low as […]

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Stock futures rise slightly after a losing day

Stock futures rose slightly in overnight trading on Monday after worries about slowing growth sparked a sell-off on Wall Street. Futures on the Dow Jones Industrial Average gained 50 points. S&P 500 futures and Nasdaq 100 futures both edged up 0.1%. The spread of the delta coronavirus variant continued to keep investors on edge. The seven-day average of daily coronavirus […]

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