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Exclusive-Emirates to offer incentives, safety assurances as Iran war hits travel

Exclusive-Emirates to offer incentives, safety assurances as Iran war hits travel

By Joanna Plucinska BERLIN, June 9 (Reuters) - Emirates will roll out incentives aimed at winning back customers worried about the protracted Iran war, focusing on safety and reliable travel connections rather than lower fares, the Gulf airline's President Tim Clark told Reuters on Tuesday.    
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US consumer prices increase as expected in May

US consumer prices increase as expected in May

By Lucia Mutikani WASHINGTON, June 10 (Reuters) - U.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027.
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China's May factory-gate prices climb to highest in nearly 4 years

China's May factory-gate prices climb to highest in nearly 4 years

BEIJING, June 10 (Reuters) - China's producer prices rose for a third straight month in May to the highest since July 2022, while consumer prices stayed elevated as global energy prices pile cost pressures on manufacturers and drive up costs of living for households.
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US and Iran launch airstrikes after Trump blames Tehran for downing Army helicopter

US and Iran launch airstrikes after Trump blames Tehran for downing Army helicopter

The U.S. military launched airstrikes and Iran retaliated following the crash of an Army helicopter near the Strait of Hormuz that U.S. President Donald Trump blamed on the Islamic Republic
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Iran fires missiles at air base hosting US forces in Jordan

Iran fires missiles at air base hosting US forces in Jordan

Jordan said Wednesday it shot down five incoming missiles launched by Iran targeting an area that’s home to an air base that hosts U.S. forces
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Diplomatic Efforts to Disarm Hezbollah Face Challenges Amid Israel-Lebanon Tensions

Diplomatic Efforts to Disarm Hezbollah Face Challenges Amid Israel-Lebanon Tensions

Diplomatic negotiations between Israel and Lebanon are focused on disarming Hezbollah and ceasing Israeli attacks on Lebanese soil. The latest agreement proposed that Hezbollah cease its attacks on Israel and withdraw its forces from southern Lebanon. However, Hezbollah has rejected this deal, demanding the withdrawal of Israeli troops from Lebanese territory. In parallel, discussions are ongoing about Pakistan's potential military assistance to Lebanon's armed forces in disarming Hezbollah. The situation is further complicated by the broader context of US-Iran diplomacy, where Lebanon's role is increasingly significant. President Trump has intervened to ensure that Israel aligns with ceasefire agreements to prevent the collapse of US-Iran negotiations.
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Asian stocks slide, oil gains as Middle East tensions escalate

Asian stocks slide, oil gains as Middle East tensions escalate

By Ankur Banerjee SINGAPORE, June 10 (Reuters) - Asian stocks fell on Wednesday while oil prices surged as escalating tensions in the Middle East unsettled markets, dimming hopes for an end to the months-long war that has pushed commodities higher and stoked inflation worries.
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S&P 500, Nasdaq futures climb as chip stocks stabilize

S&P 500, Nasdaq futures climb as chip stocks stabilize

June 8 (Reuters) - S&P 500 and Nasdaq futures climbed on Monday, as chip stocks steadied after plunging to over two-week lows, though renewed strikes in the Middle East kept investors largely at bay.
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Israel and Iran appear to pause strikes after trading fire for the first time since April ceasefire

Israel and Iran appear to pause strikes after trading fire for the first time since April ceasefire

Israel and Iran appear to be backing away from further strikes, just hours after they traded fire for the first time since the U.S. and Tehran agreed to a ceasefire two months ago
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Netanyahu acknowledges halt in fighting with Iran but vows to respond 'with force' to future attacks

Netanyahu acknowledges halt in fighting with Iran but vows to respond 'with force' to future attacks

Israeli Prime Minister Benjamin Netanyahu acknowledged the halt in fighting with Iran, but he vowed to respond “with force” to future attacks
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Asian Markets Show Mixed Results as Tech Stocks Rebound Amid Oil Price Decline

Asian Markets Show Mixed Results as Tech Stocks Rebound Amid Oil Price Decline

Asian Markets Show Mixed Results as Tech Stocks Rebound Amid Oil Price Decline
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Analysis-Prabowo's populist policies propel a 'doom-loop' in Indonesian markets

Analysis-Prabowo's populist policies propel a 'doom-loop' in Indonesian markets

By Rae Wee, Karin Strohecker and Marc Jones SINGAPORE/LONDON, June 8 (Reuters) - Indonesian President Prabowo Subianto is losing the trust of investors and his growth agenda risks being undone by a plunging currency.