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Ships advised to keep their distance from Iran around Hormuz Strait
LONDON (Reuters) -Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran’s waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday.Iran has in the past threatened to close the critical … Read More >>
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Circle surges as US Senate clears path for stablecoin regulation
(Reuters) -Shares of Circle Internet jumped 16% in morning trading on Wednesday after the U.S. Senate approved a milestone stablecoin bill, fueling hopes for broader adoption of what was once a niche corner of the crypto sector.A rare show of bipartisan support marks a turning point in the fractured debate ov … Read More >>
Private equity sits on $1 trillion amid uncertainties, M&A stalls, PwC says
NEW YORK (Reuters) -Private equity firms are holding about $1 trillion in unsold assets, PricewaterhouseCoopers (PwC) said on Wednesday — capital that, in a typical market environment, would have been returned to investors. High interest rates in the United States, President Donald Trump’s on-again, … Read More >>
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Texas Instruments plans $60 billion US investment under Trump push
WASHINGTON (Reuters) -Texas Instruments said on Wednesday it will spend more than $60 billion to expand its U.S. manufacturing footprint, the latest chipmaker to ramp up domestic production amid pressure from the Trump administration to reshore the semiconductor supply chain.In December, the Biden administrat … Read More >>
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