BusinessSaudi Arabia and Turkiye Seal 5,000 MW Clean Energy Deal at COP31
Saudi Arabia and Turkiye have signed a deal to build 3,000 MW of wind power at COP31 in Antalya, taking their joint clean energy programme to 5,000 MW.
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BusinessTesla Winds Down Cybertruck Production to Make Room for Robotaxis
Tesla will wind down Cybertruck production at its Gigafactory in Texas around mid-2027 to make room for its Cybercab robotaxi, Elon Musk has said, after sales fell to 20,237 in the United States last year.
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BusinessUS Jobs Report Beats Forecasts as 165,000 Jobs Added in October
US employers added 165,000 jobs in October, far above the 65,000 forecast, while unemployment fell to 4.1%, the Labor Department said on Friday.
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BusinessOil Prices Set for 12% Weekly Drop Despite Friday Rebound
Brent and WTI are heading for weekly losses of about 12 percent despite Friday's rebound, as hopes of an end to the Iran war clash with fresh tanker attacks in the Strait of Hormuz.
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BusinessNasdaq Correction: Wall Street Sell-Off Wipes $2.5 Trillion as Tech Plunges
Wall Street suffered its worst day since April 2025 as the Nasdaq plunged 5.52% into correction territory, wiping about $2.5 trillion from tech stocks after investors reassessed the AI buildout.
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BusinessBank of England Raises Interest Rates to 4% in First Hike Since 2023
The Bank of England has raised interest rates to 4% in its first hike since August 2023, warning that further rises are likely if the conflict in the Middle East keeps pushing up energy prices.
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BusinessOil Prices Edge Higher as Iran War Fears Keep Energy Markets on Alert
Oil prices edged higher on Thursday as traders weighed the uncertain course of the war between the United States, Israel and Iran, a day after crude fell more than 8 percent.
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BusinessMarathon Sells Two Refineries to CVR Energy in $4.2 Billion Deal as Refining Margins Strengthen
Marathon Petroleum agreed on 3 November 2026 to sell two refineries to CVR Energy for $4.2 billion, nearly doubling CVR's refining capacity.
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BusinessOil Prices Fall Sharply as Third Day of Iran-Qatar Talks Eases Supply Fears
Oil prices fell more than 3 percent on Monday as Iranian and Qatari officials held a third straight day of talks, easing fears of Middle East supply disruption after Brent ended October at a six-month high.
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BusinessBinance Resumes Withdrawals After Covering Bulk of Record $6.3 Billion Crypto Heist
Binance resumed withdrawals on Sunday after covering 95% of the $6.3 billion stolen in the world's largest digital heist, which the FBI has tied to North Korea's TraderTraitor unit.
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BusinessBorsa Istanbul Chief Detained in Bribery Probe as Fund Investigation Widens
Borsa Istanbul general manager Korkmaz Enes Ergun was detained on Saturday on suspicion of accepting bribes in a capital-market investigation, Anadolu Agency reported, as Türkiye's widening fund probe reaches the head of the stock exchange.
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BusinessOil Prices Jump After Tanker Attack in Strait of Hormuz
Oil prices jumped on Friday after a tanker was struck in the Strait of Hormuz, pushing Brent crude toward 117 dollars a barrel and setting both major benchmarks for a fourth straight monthly gain.
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