World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 23
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Sharp drops in Big Tech companies pull indexes mostly lower on Wall Street
Wall Street gave up more of its recent gains Tuesday after a sell-off in big technology stocks spread from Asia back to the U.S. over worries about potentially higher interest rates by the end of the year.
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The Strait of Hormuz’s future is unsettled even as more ships venture through
Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that constricted global oil supplies and fueled inflation, but questions surrounding control of the vital waterway and whether vessels will be charged tolls to cross it could interfere with negotiations to forge a lasting peace.
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Qatar says gas export terminal blast killed 13 as workers tried to resume operations
An explosion tore through Qatar's key natural gas export terminal Sunday night as workers tried to resume operations after Iran bombed it during the war, causing a fire that killed at least 13 people and hurt 66 others.
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US stocks drift after oil prices ease and Big Tech stocks fall
U.S. stocks drifted through a mixed day of trading on Monday after oil prices eased and falling Big Tech stocks weighed on Wall Street.
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Mexico’s president seeks to restart oil shipments to Cuba as island’s crises deepen
Mexican President Claudia Sheinbaum said Monday that her country seeks to restart oil shipments to Cuba soon, a move that could provide much-needed relief as the island’s crises deepen given a lack of petroleum.
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What to know about the legacy of Brexit, which still divides Britain 10 years on
Ten years ago, the United Kingdom voted to leave the European Union in a referendum that forges political identities to this day and that shattered a half-century project to get closer to the continent.
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Cuba pushes through sweeping free-market reforms in biggest economic shift since the revolution
Observers on Friday called Cuba's new free-market reforms the most sweeping economic overhaul of the island's communist economy since the Cuban revolution, as the grandson of former President Raúl Castro said in an interview that Cuba must seek to move its economy forward.
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Stranded ships have begun transiting the Strait of Hormuz, maritime data company says
Major shipowners have begun moving vessels through the Strait of Hormuz since the U.S. and Iran signed an interim agreement to end their war, maritime data company Lloyd's List Intelligence said Thursday.
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US gas prices dip below $4 for 1st time since March but remain 25% higher than last year
The average U.S. price for a gallon of gas fell below $4 on Thursday, hitting a level not seen since the first full month of the war with Iran and providing a bit of relief to consumers squeezed by soaring costs.
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Stocks rise on Wall Street, erasing much of their loss from a day earlier
Stocks rose on Wall Street Thursday and erased most of their losses from a day earlier to notch weekly gains.
