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Japanese automaker Nissan reports 92% jump in profit as sales surge

Nissan's profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday.

Annual sales surged nearly 20% to 12.7 trillion yen ($81.5 billion), Nissan Motor Co. said.

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Middle East Clean Energy Exhibition kicks off at Hotel Phoenicia

The opening ceremony of the third edition of the Middle East Clean Energy Exhibition and Conference took place on Wednesday afternoon, May 8th. The event was attended by Minister of Energy and Water Walid Fayad. The exhibition and conference, specialized in clean and renewable energy, showcased cutting-edge technologies, along with a range of related solutions and services. Exhibitors presented their commercial products, including inverters, panels, batteries, solar heaters, and project financing. The event is scheduled to run until May 10th, 2024, at Hotel Phoenicia in the heart of Beirut.

The ceremony began with the Lebanese national anthem, followed by a speech by Beirut Expo's founder, Farhat Farhat, emphasizing the importance of holding such initiatives despite internal challenges and the war in southern Lebanon.

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Wall Street leans toward gains, Disney tumbles after posting second-quarter loss

Wall Street shifted between gains and losses before the opening bell Tuesday as more corporate earnings arrive during what is otherwise expected to be relatively quiet week.

Futures for the S&P 500 and the Dow Jones Industrial Average each rose less than 0.1%.

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Disney's streaming business turns a profit in first financial report since challenge to Iger

The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year.

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US firm fined $650K for illegally hiring children to clean meat processing plants

A Tennessee-based sanitation company has agreed to pay more than half a million dollars after a federal investigation found it illegally hired at least two dozen children to clean dangerous meat processing facilities in Iowa and Virginia.

The U.S. Department of Labor announced Monday that Fayette Janitorial Service LLC entered into a consent judgment, in which the company agrees to nearly $650,000 in civil penalties and the court-ordered mandate that it no longer employs minors. The February filing indicated federal investigators believed at least four children had still been working at one Iowa slaughterhouse as of Dec. 12.

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Call it Cognac diplomacy. France offered China's Xi a special drink, in a wink at their trade spat

How do you smooth over trade tensions with the all-powerful leader of economic powerhouse China? Charm him with a bottle of Cognac, or two.

That seemed to be French President Emmanuel Macron's strategy with his carefully selected gift list for visiting Chinese President Xi Jinping on Monday.

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Unlocking Lebanon's clean energy potential: A gateway to sustainable tomorrow

Middle East Clean Energy conference & exhibition is back with its third edition, poised to revolutionize the landscape of clean and renewable energy in Lebanon. This pioneering exhibition and conference serve as a nexus for industry experts and executives to converge, showcasing cutting-edge advancements and fostering dialogue on the future of sustainable energy solutions.

Mission & Vision: The ethos of Middle East Clean Energy extends beyond mere discourse; it embodies a steadfast commitment to raising public awareness and catalyzing actionable initiatives in the realm of clean and renewable energy. With a vision to propel Lebanon towards a greener future, the expo serves as a comprehensive industry hub, facilitating collaboration and accelerating market penetration.

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Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks

Former U.S. President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week.

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Want to spend the night in a Paris museum or a house owned by Prince? Airbnb plans to list them

In a mad mix of game-show glitter and marketing flash, Airbnb is offering customers a chance to spend a night in a Paris museum, stay in houses mocked up to look like movie settings, or sleep surrounded by eight Ferrari racing cars.

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Elimination of Tesla's charging department raises worries as EVs from other automakers join network

Elon Musk's move to lay off the department responsible for Tesla's electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Tesla's network.

Several leaders of Tesla's Supercharger team posted social media messages saying they were told Monday night that entire group of about 500 had been laid off by CEO Musk, who seemed to confirm the move in a posting Tuesday on X, the social media site he now owns.

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