Tag: Business
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Fanatics to buy BGC Group assets to launch prediction market exchange
July 27 : Fanatics, a global sports platform, will acquire a designated contract market and a derivatives clearing organization from brokerage BGC Group to launch its own prediction market exchange, the companies said on Monday.Here are more details from the announcement: • Fanatics will buy Commodit
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Oil prices cool, AI’s ‘distillation’ debate, Ford’s ‘Nike shoe drop’ and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Tesla wins bid to revive UK lawsuit for 5G patents licence
LONDON, July 27 : Elon Musk’s Tesla on Monday won its bid to revive a London lawsuit brought against U.S. technology firm InterDigital and a patent licensing platform, seeking a patent licence ahead of the automaker’s launch of 5G vehicles in Britain.Tesla sued InterDigital and Avanci – which licenses paten
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OpenAI to triple workforce at Dublin European headquarters to 350
DUBLIN, July 27 : OpenAI is to more than triple its headcount at its European headquarters in Dublin to 350, the ChatGPT maker said on Monday as it announced it was leasing 8,000 square meters (88,000 square feet) of office space in the city’s Silicon Docks area. The AI pioneer said it currently employs over
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Stocks making the biggest moves premarket: Micron Technology, Forte Biosciences, ExxonMobil, Baker Hughes & more
These are the stocks posting the largest moves premarket.
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Europe wildfire in pictures: Gigantic fire cloud engulfing France, Spain regions
A rare wildfire spreading across France’s Bordeaux region and has spread to Western Madrid is fire cloud that can generate its own thunderstorms.
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Oil prices hit one-week low after US, Iran pause fighting over weekend
LONDON , July 27 : Oil prices tumbled 7 per cent on Monday, hitting a one-week low, after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent cr
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Customer data from India’s Bank of Baroda leaked online, source and researcher say
MUMBAI, July 27 : Customer data from India’s state-run Bank of Baroda, along with internal documents, has been leaked on the dark web, according to a source familiar with the matter and a cybersecurity researcher.The lender said in a statement on Monday that it had started a forensic investigation and was wor
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Nvidia forms industry alliance for open AI security after Hugging Face hack
July 27 : Nvidia said on Monday it had formed a coalition with other companies to develop and share tools for AI safety and cybersecurity, days after the Hugging Face incident drew attention to the dangers of losing control of autonomous AI agents.The Open Secure AI Alliance, with founding members including A
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Guan Chong forecasts increased grindings in 2026
JAKARTA, July 27 : Malaysian cocoa grinder Guan Chong expects cocoa processing to increase this year as demand recovers from last year’s slowdown, its chief executive said on Monday, but concern over weather-related supply risks could weigh on the outlook.• Guan Chong, one of the world’s major cocoa grinder
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