Tag: said
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BOJ deputy governor Himino calls for ‘timely’ rate hike
URAWA, Japan, Aug 27 : Bank of Japan Deputy Governor Ryozo Himino said on Thursday raising interest rates in a timely manner will help avoid a spike in inflation that would require abrupt rate hikes in the future.”If underlying inflation deviates above our 2 per cent target, that would have an adverse impact
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At least 12 dead as wildfires sweep through northern Algeria
Northern Africa has experienced severe heatwaves this summer, leading to hundreds of fires across the region.
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What scientists know so far about the deadly Nepal-Tibet floods
The cause of the deadly landslides and floods along the Nepal-Tibet border is not yet certain, but experts say the risk of such events is compounded by the extreme topography of the Himalayas.
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Oil prices extend losses on expectations talks to ease Middle East supply woes
Aug 27 : Oil prices fell on Thursday, extending a streak of multiple days of losses, on expectations talks between Iran and Qatar may open the key Strait of Hormuz and reduce supply disruptions from the Middle East war. Brent crude futures were down 60 cents, or 0.7 per cent, to $87.24 a barrel by…
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OpenAI agents hacked Hugging Face in 700-strong swarm, tried to cover tracks, investigations find
WASHINGTON, Aug 26 : A swarm of roughly 700 AI agents created by OpenAI carried out the July hack of the open-source platform Hugging Face and in many cases tried to cover their tracks, a pair of reports into the breach said on Wednesday.The coordinated activity by AI agents — programs that run with minim
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Rahul Gandhi questions India PM Narendra Modi’s ‘culture shock’ comment over women swearing at CJP protest
Rahul Gandhi’s comments renew the debate over gender disparity in reactions to insults hurled at PM Narendra Modi.
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Nvidia stock jumps after early dip following results; AI fever is unabated
NEW YORK, Aug 26 : Nvidia investors got a roller coaster ride after the market closed on Wednesday, with its shares jumping after an early dip following the company’s quarterly results, highlighting Wall Street’s elevated expectations for its favorite AI chip designer.Nvidia handily beat the consensus estima
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Global equity index, bond yields edge up with focus on inflation and Middle East
Aug 26 : MSCI’s global equities gauge barely rose on Wednesday after U.S. inflation data came in hotter than expected while investors waited for results from AI heavyweight Nvidia, and oil prices settled lower after a choppy session.A senior Iranian source said on Wednesday that Iran and Oman are still workin
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US data buoys dollar as Fed hike expectations nudged higher
NEW YORK, Aug 26 : The dollar advanced on Wednesday after a batch of U.S. economic data, including a reading on inflation, that slightly pushed up expectations for a rate hike from the Federal Reserve ahead of the Jackson Hole symposium of central bankers this week. The Commerce Department said the Personal C
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Meta agrees to pay $18 billion to settle US lawsuits over children’s social media addiction
OAKLAND, California, Aug 26 : Meta Platforms will pay up to $18 billion over the next decade and strictly limit how teenagers use Facebook and Instagram, under an agreement with nearly all U.S. states to resolve claims it designed those social media platforms to addict children.The settlements announced on We
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