Intel, Philip Morris among market cap stock movers on Thursday

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Iran’s rial reached a record low as the United States prepared new economic sanctions. Existing restrictions and a naval blockade have already severely impacted Iran’s economy. The currency’s decline has not yielded concessions from the US President. Iran and Oman are reportedly nearing an agreement on managing the Strait of Hormuz. The United Arab Emirates…

Foxconn expects its capital expenditure to continue growing and forecasts a 30 per cent increase in 2026 from a year earlier.