G42, the Emirati company, successfully sold 118 million shares representing 2% of Presight’s capital listed on the Abu Dhabi Securities Exchange, raising about $100 million. The transaction saw strong demand locally and internationally, with settlement expected in September 2025.

The dollar remained steady as bond markets stabilized and traders awaited key US jobs data that could lead to an interest rate cut. US initial jobless claims rose more than expected, setting the stage for the crucial nonfarm payrolls report.

The Japanese Nikkei index rose after US President Donald Trump signed an order to reduce tariffs on Japanese cars, reaching 42,890.85 points with expectations to hit 44,000 points next week.

US President Donald Trump signed a decree reducing tariffs on Japanese cars from 27.5% to 15%, effective seven days after publication in the US Federal Register. The agreement includes a tariff cap on most Japanese products and significant Japanese investments in the US.

The Lebanese General Customs Directorate, in coordination with the Ministry of Agriculture, seized large quantities of smuggled grapes and lemons in Tripoli and Beirut. The confiscated products were handed over to the Military Hospital. The estimated value of the seizures was 626 million Lebanese pounds, with fines totaling approximately 1.252 billion pounds.

OpenAI plans to produce its first AI chip next year in partnership with Broadcom for internal use. Broadcom expects over $10 billion in AI infrastructure orders in 2026.

A recent study shows methane emissions have decreased by 25% in developed countries since 1990, while they have nearly doubled in Asia and Oceania by 94%. International trade and agriculture play key roles in these changes, with methane significantly impacting global warming.

OpenAI plans to produce its own AI chip next year in partnership with Broadcom, aiming to use it internally to reduce reliance on Nvidia for chip supplies.

President Donald Trump signed an order to reduce U.S. tariffs on Japanese cars from 27.5% to 15%, alongside a $550 billion Japanese investment agreement in U.S. projects. The move aims to ease the impact of previous tariffs on Japanese automakers.

OpenAI plans to produce its own AI chip next year in partnership with Broadcom, for internal use only, aiming to reduce reliance on Nvidia and meet increasing AI infrastructure demands.