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National Grid Is Spending $1.75 Billion to Power Microsoft's AI - by Bypassing the Grid

The investment, July 2 -- The company that operates Britain's high-voltage transmission lines announced Tuesday it would invest $1.75 billion into a Houston startup building a gas-fired power plant in... Read More


French Investment in Saudi Arabia Nearly Tripled, With 30 Firms Now Calling Riyadh Home

New Delhi, July 2 -- France's economic relationship with Saudi Arabia has changed character over three years, not just scale. Sultan Al-Musallam, secretary-general of the Federation of Saudi Chambers... Read More


The Ceasefire Opened the Strait. The War Risk Insurance Market Has Not.

New Delhi, July 2 -- LONDON - A $150 million crude carrier transiting the Strait of Hormuz is paying up to $7.5 million per voyage in war risk insurance, an amount that at pre-crisis rates would have ... Read More


The Gulf States Lobbied Hardest for the Deal. The Deal Left the Strait Unresolved.

New Delhi, July 2 -- DOHA - Three months before Qatar agreed to host the negotiations that produced the framework now running through its 60-day diplomatic window, Iran's missiles set fire to Ras Laff... Read More


Google Loses Final EU Appeal Over €4.1 Billion Android Antitrust Fine

New Delhi, July 2 -- Alphabet Inc. (GOOGL) owes €4.125 billion for how it used Android to lock in Google's position across mobile search, and there is nowhere left to appeal. The Court of Justi... Read More


Iran Says Qatar Is Releasing $6 Billion. Vance Says the U.S. Controls the Spending. Qatar's Foreign Ministry Says the Funds Haven't Moved.

New Delhi, July 2 -- a procurement queue run through Qatar's Central Bank, delivering goods to Iran based on needs Iran would communicate in advance. Those two descriptions are not the same arrangeme... Read More


Iran Warned Against Striking the Funeral. Mojtaba Khamenei Has Not Been Seen Since His Father Was Killed.

New Delhi, July 2 -- TEHRAN - Mojtaba Khamenei's wife died in the same airstrike that killed his father on February 28. He was injured. He has not been seen in public since - not at a state function, ... Read More


Mojtaba Khamenei Said He Was Against the MoU. He Allowed It Anyway. Iran's Establishment Is Not Finished Arguing.

New Delhi, July 2 -- TEHRAN - The Supreme Leader of the Islamic Republic of Iran endorsed the memorandum of understanding with the United States by his own account as a concession to his president, no... Read More


US Added 57,000 Jobs in June, Less Than Half What Forecasters Expected

New Delhi, July 2 -- WASHINGTON - The morning the Bureau of Labor Statistics released the June employment report, the Dow Jones Industrial Average rose more than 300 points to a record. The disconnect... Read More


WHO Launches First Clinical Trial for Bundibugyo Virus as Congo Deaths Pass 440

New Delhi, July 2 -- At least one patient dies each day at the Rwampara treatment center in Ituri province, where the Bundibugyo strain of Ebola has concentrated its worst effects since the outbreak w... Read More