Tag: business news
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Hamas says Trump’s Gaza ‘disarmament’ claim depends on Israel honoring commitments
Hamas says it will only disarm after Israel meets previous ceasefire commitments, despite President Donald Trump’s announcement of a breakthrough U.S.-brokered agreement.
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BOJ holds rates at 1%, warns of core inflation exceeding 2% target
The decision comes as speculation continues to swirl around whether the Bank of Japan will hike rates at a faster pace.
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CXMT’s blockbuster debut in Shanghai sets stage for next test against global memory giants
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu CXMT’s stellar IPO debut in Shanghai won’t necessarily change the outlook for the global memory market. CXMT will expand to
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China’s factory activity unexpectedly contracts in July as export rush fades
China’s factory activity unexpectedly contracted in July, as the export rush that powered a second-quarter rebound began to unwind.
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Anthropic says its Claude models ‘gained unauthorized access’ to other organizations’ systems
Anthropic said it discovered three instances where its Claude AI models accessed the internet during an evaluation and accessed outside systems.
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Reddit CEO says Google’s AI Overviews can’t replace ’10 blue links’ for referral traffic
Reddit CEO Steve Huffman said his company has to find ways to work around changes at Google, which is delivering less traffic than in the past.
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IBM CEO says quantum computing will have a ‘measurable impact’ on earnings by 2028 or 2029
IBM CEO Arvind Krishna said the company’s investments in quantum computing should begin to have “a measurable impact” on revenue and earnings by 2028 or 2029.
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China’s U.S.-bound shipments fall in July after brief recovery, survey shows
The latest China Beige Book study found factory activity decelerated in July.
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Nexus Data Centers in advanced talks to secure $15B for Google-backed Anthropic data center
Morgan Stanley is the lead banker engaging in advanced talks to lend $15 billion to Nexus Data Centers, CNBC confirmed.
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Rivian reduces 2026 spending plans, narrows earnings guidance
Rivian reduced its 2026 spending plans and slightly narrowed its previously forecasted losses this year as the company reported second-quarter results.
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