Tag: said
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Women spearheading resistance to Infantino as FIFA faces governance crisis
MANCHESTER, England, Aug 5 : As FIFA President Gianni Infantino battles the biggest challenge of his decade in power, two of the most prominent voices in the revolt against him have been women.Wales’ Laura McAllister and Norway’s Lise Klaveness, the only women on UEFA’s executive committee, have emerged as ou
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Nigeria’s President Tinubu orders a 80% salary increase for junior soldiers
The announcement comes as Nigeria’s security forces struggle to contain multiple threats.
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US dollar to retain strength, yen intervention no game changer: Reuters poll
BENGALURU, Aug 5 : The U.S. dollar will hold firm in coming months before weakening later in the year, according to FX strategists surveyed by Reuters who also generated some of the weakest consensus Japanese yen forecasts since polling began in the early 1990s. Fuelled by interventions from Tokyo and coordin
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SpaceX slides as AI spending worries overshadow early returns
Aug 5 : SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company.But investors remained concerned about how long its profitable Starlink business could continue to bankroll costly investments in data centers and Nvidia chips.The company’s share
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Exclusive-JPMorgan CEO Dimon leads new cross-industry effort to tackle AI risks
NEW YORK, Aug 5 : JPMorgan Chase CEO Jamie Dimon is urging corporate leaders to join a U.S.-focused industry group to address risks posed by AI, as corporate America rapidly adopts the developing technology, two sources familiar with the matter said. Dimon has personally reached out to CEOs of other large an
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Kenya’s stock exchange plans East Africa’s first AI-focused ETF
NAIROBI, Aug 5 : Kenya’s Nairobi Securities Exchange is creating East Africa’s first AI stocks-focused exchange-traded fund, which it plans to offer to investors before year-end, its CEO said. The Nairobi market attracts a sizeable proportion of foreign equity investors given its profitable banking sector and
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Germany news: Lightning strike cuts Bavarian town in two
A bolt from the sky knocked out two railroad crossings, forcing drivers to make long detours between east and west. Meanwhile, flights at Leipzig airport were suspended after a mystery object came to light. DW has more.
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Nudge from Bessent firms case for BOJ rate hike in September
TOKYO, Aug 5 : U.S. Treasury Secretary Scott Bessent’s public views on Japan’s monetary policy have all but locked the central bank into an interest rate hike at its September meeting and raised questions about Washington’s influence over domestic policy.Bessent has had a busy media schedule since the joint i
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Analysis:Nudge from Bessent firms case for BOJ rate hike in September
TOKYO, Aug 5 : U.S. Treasury Secretary Scott Bessent’s public views on Japan’s monetary policy have all but locked the central bank into an interest rate hike at its September meeting and raised questions about Washington’s influence over domestic policy.Bessent has had a busy media schedule since the joint i
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Ukraine: Russian strikes on Kyiv region kill at least 17
At least 17 were killed as explosions rocked Kyiv and the surrounding region overnight. Russian missiles tore through residential buildings and warehouses, part of an intensifying campaign against Ukraine’s capital.
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