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Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...

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Wall Street Climbs as Oracle’s AI Boom and Cooling Inflation Fuel Rate Cut Optimism



U.S. stocks pushed higher on Wednesday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all advancing as investor sentiment brightened on two fronts — a blockbuster forecast from Oracle and fresh signs of easing inflation.

Oracle shares soared over 30% after the company projected a sharp jump in cloud revenue, driven by surging demand from major artificial intelligence clients. The upbeat outlook overshadowed a quarterly earnings miss and reinforced hopes that AI infrastructure spending is entering a new growth phase.

Adding to the bullish tone, the Producer Price Index (PPI) unexpectedly declined last month, rising just 2.6% year-over-year, a cooler reading than anticipated. The data bolstered expectations that the Federal Reserve will cut interest rates at its meeting next week, with markets now largely pricing in a September reduction.

The rally comes as traders also eye Thursday’s Consumer Price Index (CPI) report — the final major inflation gauge before the Fed’s decision. Meanwhile, corporate earnings remained in focus, with GameStop jumping on stronger revenue, while Chewy slid after reporting a steep profit drop.


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