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TOPSHOT – A plume of smoke rises following a reported explosion in Tehran on February 28, 2026. (Photo by AFP via Getty Images)- | Afp | Getty ImagesThe U.S. military has begun “major combat operations” in Iran, U.S. President Donald Trump confirmed on Saturday.”Our objective is to defend the American people by eliminating imminent threats from the Iranian regime, a vicious group of very hard, terrible people,” Trump said in a video message on his Truth Social account.A U.S. official confirmed earlier that American forces attacked Iran by air and sea, the Reuters news agency reported.Several ministries in the southern…

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Feb 27 (Reuters) – Japanese technology firm NTT Data plans to raise its India headcount by 5,000 ‌employees this year across software programming, consulting ‌and IT support, a senior executive told Reuters. Large IT contracts of ​more than $100 million have doubled in the last 12 months, with deals stemming from manufacturing, logistics and public sector, Sudhir Chaturvedi, chief growth officer and CEO of ‌North America, said ⁠on Tuesday. “North America is back to growth, and we expect strong growth next financial ⁠year.” The company, a subsidiary of telecom giant NTT Group, is building out four data centers in India…

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Key PointsLucid is attempting to build an electric car business from the ground up.The company remains a money-losing start-up that is little more than a rounding error compared to its larger peers.10 stocks we like better than Lucid Group ›Shares of Lucid Group (NASDAQ: LCID) are trading at a touch below $10. That’s an interesting level because the stock underwent a 1-for-10 reverse split in late August 2025. If that reverse split hadn’t been implemented, Lucid would be a penny stock right now. Investors looking at this electric vehicle start-up should probably tread with caution.The problems Lucid Group is facingLucid…

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Rentify, the Dubai-based fintech and proptech innovator, has launched Rentify Pay, which it describes as the UAE’s first rent-native infrastructure layer.The new platform marks a significant evolution from the company’s original “Rent Now, Pay Later” service. Rentify Pay introduces a comprehensive system designed to digitise and streamline the entire rental ecosystem, catering to tenants, landlords, and property managers.Tackling the UAE’s largest financial commitmentIn the UAE, where the majority of residents are expatriates and long-term renters, rent represents the largest recurring financial commitment for most households. Since its founding, Rentify has provided flexible payment solutions to over 10,000 rental units. The…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israel launched air strikes on Iran on Saturday with massive explosions rocking Tehran and smoke rising in an area where the Iranian president’s office is located. “The State of Israel launched a pre-emptive strike against Iran to remove threats to the State of Israel,” Israel’s defence minister Israel Katz said in a statement. “As a result, a missile and drone attack against the State of Israel and its civilian population is expected in the immediate future.”Iranian media reported explosions in central, northern…

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The North American session evolved into a steady shift toward caution as markets moved away from early stability and into a broader risk-off tone. What began as a data-driven session ultimately turned into a reassessment of risk across multiple fronts — inflation persistence, emerging credit concerns, and rising geopolitical uncertainty.Equity markets struggled to gain traction throughout the day, with sellers gradually taking control as investors digested stronger-than-expected inflation data and signs of stress building beneath the surface of financial markets. By the close, the major US indices finished lower, capping a difficult February for growth-oriented stocks.The NASDAQ led declines for…

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Below is the weekly . Last week’s low tested the weekly low of February 2 on much lighter volume suggesting support. This week’s volume estimate will come in at around 330 million shares and will be higher than last week’s volume of 312 million shares. It suggests the rally will continue to the next higher high of the week of February 9, which comes in at 696 range. The February 9 week volume came in at 428 million shares and volume will be needed near that level to get through that high. Short term we expect the rally will continue…

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