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Dollar steady, no respite for yen after BOJ hikes rates as expected
LONDON, June 16 : The dollar held at 10-day lows on Tuesday as a preliminary deal to end the Iran war buoyed risk appetite, while the yen teetered near the closely watched 160 level after the Bank of Japan hiked interest rates, as expected, in an effort to tame inflationary risks from the conflict.President D
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Mobileye to launch robotaxi business in US next year
June 16 : Mobileye Global said on Tuesday it would launch its own robotaxi service in the United States next year, putting the self-driving technology supplier in direct competition with some of the very customers it serves.Shares of the Jerusalem, Israel-based company rose more than 5 per cent in premarket t
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FBI says it thwarted possible threat to UFC event in Washington
WASHINGTON, June 16 : The FBI said on Tuesday it had thwarted a potential threat ahead of the Ultimate Fighting Championship mixed martial arts event in Washington last weekend and has multiple people in custody.Fox News Digital cited unidentified sources as saying the alleged plot involved using explosive-la
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Spanish GP organisers say new Madrid track will be ready despite hurdles
MADRID, June 16 : Formula One’s new Spanish Grand Prix circuit held a showy public unveiling on Tuesday with organisers confident all would be ready for the September race in Madrid despite construction being far from finished.The largest Spanish flag in the country was raised at the first corner before gover
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One dead, four injured after magnitude 6.3 earthquake in China’s Qinghai
BEIJING: A magnitude 6.3 earthquake hit the northwestern Chinese province of Qinghai on Tuesday (Jun 16), killing at least one person and injuring four others, state media reported, citing emergency authorities.The quake struck a high-altitude area in the prefecture of Haixi in Qinghai with a dep
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US supercomputer taps Intel spinout Cornelis Networks for networking chips
SAN FRANCISCO, June 15 : Cornelis, an Intel spinout developing networking technology aimed at data centers, on Tuesday said that its chips are now being used by a U.S. supercomputer used for nuclear weapons work.Under the National Nuclear Security Administration, a trio of U.S. national labs works to develop
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Spain approves €719 million AI gigafactory investment and hopes for EU funds
MADRID, June 16 : Spain has allocated €719 million ($834 million) towards building an AI gigafactory to try to reduce its dependence on foreign technology and ensure AI development complies with European regulations, the government said on Tuesday.• The investment will make the government a shareholder in
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European Parliament approves US trade deal to lower tariffs
The European Parliament has approved cutting tariffs on many US imports to comply with a deal signed last year. US President Trump had given the bloc a July 4 deadline to meet its side of the deal.
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Russian artist critical of Putin shot dead in Poland
Three days before his killing, Semyon Skrepetsky had protested outside the Russian embassy in Berlin. He held an icon-like caricature of Russian President Vladimir Putin with Soviet leader Josef Stalin.
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London West End Shaftesbury Theatre to be renamed to honour Judi Dench
The name change of one of the West End’s most iconic stages celebrates one of the greatest British performers. Dame Judi Dench has been left “truly overwhelmed” by the news.
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