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Two depositors storm bank in Sin el-Fil in 4th break-in this week

Two depositors stormed Thursday a bank in Sin el-Fil and left the bank after receiving their trapped savings.

Salim Hatoum and Ashraf Salha respectively demanded their $5400 and $23200 frm Byblos Bank.

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Turkey signs $50.7 billion deals with UAE as Erdogan tours Gulf nations

Turkey and the United Arab Emirates have signed deals worth $50.7 billion as President Recep Tayyip Erdogan rounded off a three-country tour of the Gulf.

"Today we have witnessed the signings of several strategic agreements and (memoranda of understandings) worth a total of $50.7 billion to further cement ties between the UAE and Turkey," Finance Minister Mehmet Simsek tweeted late Wednesday.

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How Benjamin Franklin designed US dollar that countered copycats

Benjamin Franklin was so busy as an inventor, publisher, scientist, diplomat and U.S. founding father that it's easy to lose track of his accomplishments.

So add one more to the roster: his early work in printing colonial paper currency designed to counter a constant threat of counterfeiting.

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Bank of America net income jumps 19%, extending the rally for big banks

Bank of America said its profits grew 19% in its most recent quarter, the latest of the big banks to see its bottom line boosted by higher interest rates.

The nation's second-largest bank by assets posted a profit of $7.4 billion in the three months ended June 30, up from $6.2 billion in the same period a year earlier. On a per-share basis, BofA earned 88 cents, compared with 73 cents one year ago. Analysts were expecting profit of 84 cents per share, according to a poll by FactSet.

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Wall Street sluggish ahead of retail, factory data and more corporate earnings

Wall Street was largely unchanged Tuesday ahead of the release of U.S. retail sales, factory data and more quarterly financial reports from companies.

Futures for the S&P 500 and the Dow Jones Industrial Average each fell less than 0.1% before the opening bell.

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Kanaan says MPs have every right to look at forensic audit report

Free Patriotic Movement MP Ibrahim Kanaan asked Tuesday caretaker Finance Minister Youssef al-Khalil for a copy of the Alvarez & Marsal forensic audit report.

The Finance Ministry had last month denied accusations that it has “hidden” the report, claiming that the report is just a draft, that it belongs to the Lebanese government and not the Finance Ministry and that it is confidential.

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Saudi deal for Turkish drones during Erdogan visit

A Turkish firm will provide drones to Saudi Arabia, Riyadh said Tuesday following a visit by Turkey's President Recep Tayyip Erdogan that aims to attract foreign investment.

Several contracts including the drone deal were signed during a meeting between Erdogan and Saudi Crown Prince Mohammed bin Salman in the Red Sea port of Jeddah on Monday, the official Saudi Press Agency (SPA) said.

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Japan's prime minister visits the UAE in Gulf trip on energy, commerce

Japanese Prime Minister Fumio Kishida visited the United Arab Emirates on Monday as part of a swing through the Arab Gulf states focused on energy and commerce.

He met with Sheikh Mohammed bin Zayed Al-Nahyan, the president of the UAE, which will be hosting the COP28 U.N. climate summit later this year.

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G20 finance chiefs meeting in India address global challenges like rising debt

Finance ministers from the Group of 20 nations meeting in India on Monday are poised to address critical global economic challenges, including the threats posed by climate change and rising debt among low-income countries.

The finance minister of India, which is hosting the global grouping, said the G20 will focus on strengthening the global economy as growth remains uneven and below average.

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World shares retreat after China reports weaker than expected growth in 2Q

Shares retreated in Asia and Europe on Monday after China reported weaker growth than forecast in the last quarter. Oil prices fell more than $1 a barrel.

Germany's DAX edged less than 0.1% lower to 16,097.87 and the CAC 40 in Paris declined 0.7% to 7,323.91. Britain's FTSE lost 0.1% to 7,424.61.

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