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Most businesses expect operations to be largely electrified by 2035: Survey
A global survey of 1,994 executives finds 90% of businesses expect operations to be largely electrified by 2035, while 62% may consider relocation if governments fail to support the transition.

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Suez Canal revenues rise as tanker traffic rebounds amid shipping route shifts
Suez Canal revenue climbed to about $425 million in April as oil tanker traffic surged nearly 28%, supporting Egypt’s economic recovery despite shipping volumes remaining below pre-crisis levels.

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SpaceX’s Starbase expansion brings growth and community tensions in Texas
SpaceX’s Starbase facility is driving jobs and investment in South Texas while facing property damage lawsuits, safety investigations and community concerns over expanding launch activity.

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BizLink to acquire Interplex Datacom for $850 million to expand AI data center business
BizLink will acquire Interplex Datacom from Blackstone-backed Ennovi for $850 million in cash, expanding its AI server, connectivity, and data center infrastructure capabilities.

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SK Hynix targets U.S. listing as AI-driven chip demand boosts outlook
SK Hynix is targeting a U.S. ADR listing as early as August, aiming to capitalize on strong investor demand for AI-related semiconductor stocks and expand its global investor base.

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