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Tesla earnings rise to $2.7 bn on increased sales, lower prices
Tesla earnings rise to $2.7 bn on increased sales, lower prices
by  AFP

Tesla reported a jump in second-quarter profits Wednesday as a series of price cuts translated into sharply higher car sales. While profit margins fell from the prior quarter following price cuts, the results still topped analyst estimates.

Turkey's Erdogan caps economy-driven Gulf tour in UAE
Turkey's Erdogan caps economy-driven Gulf tour in UAE
by  AFP

Turkey's President Recep Tayyip Erdogan ended a Gulf trip aimed at securing investments by signing agreements worth more than $50 billion in the United Arab Emirates, Emirati state media said Wednesday. In March, Turkey and the UAE signed a free trade agreement that aims to increase bilateral commerce to $40 billion annually within five years.

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