Tag: Business
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EU agency warns websites may need to be taken offline as PHP prepares patches for vulnerabilities
Oct 21 : The developers of the widely used PHP programming language said on Wednesday they would release patches for two critical vulnerabilities, as EU cybersecurity officials warned organisations unable to apply the fixes should take affected websites offline.PHP is used across large parts of the internet,
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Toyota to recall about 105,800 US vehicles over fire risk, NHTSA says
Oct 21 : Toyota is recalling 105,794 vehicles in the US over a potential fuel leak that could raise the risk of fire if it reaches an ignition source, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday.Here are some details:• The recall involves certain 2024-2027 Toyota Lan
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SpaceX up 10% in premarket after earnings beat and Musk hints at Tesla tie-up
SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.
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Australian AI data centre operator NextDC shares shed 42% on revenue delay, future plans on hold
SYDNEY, Oct 21 : Australian data centre operator NextDC shed nearly half of its market value on Wednesday after sharply cutting revenue forecasts for the year ahead and putting future developments on hold.The company said delays to electricity network upgrades at one of its major Melbourne projects would mean
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Bank of Japan’s Himino signals readiness to raise borrowing costs
TOKYO, Oct 21 : Japan’s underlying inflation is quite close to the central bank’s 2 per cent target and financial conditions remain loose, Deputy Bank of Japan Governor Ryozo Himino said on Wednesday, signalling readiness to raise borrowing costs.The remarks reinforce market expectations that the BOJ will lik
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Musk backs SpaceX-Tesla merger as rocket firm turns profit
WASHINGTON: Elon Musk said on Tuesday (Oct 20) that he would back a merger of SpaceX and Tesla, sending shares of the space and technology company up 8 per cent in extended trading.Asked about a possible tie-up on a call with analysts, Musk said he felt he was “tap dancing through a minefield”, but that…
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Dollar treads water as Middle East tensions simmer; Aussie buoyed by hawkish RBA
TOKYO, Oct 21 : The US dollar hovered near a three-week low on Wednesday as traders assessed developments in the Middle East after the conflict burnished the currency’s appeal as a safe haven amid oil-driven inflation worries.The Australian dollar reached a three-week high against the greenback. Reserve Bank
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BOJ’s Himino signals readiness to raise borrowing costs
TOKYO, Oct 21 : Japan’s underlying inflation is quite close to the central bank’s 2 per cent target and financial conditions remain loose, Deputy Bank of Japan Governor Ryozo Himino said on Wednesday, signalling readiness to raise borrowing costs.While rising fuel and raw material costs are pushing up prices,
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Trump says companies should pay ‘dividend’ to communities to make data centers popular
Oct 21 : US President Donald Trump said if companies want to make data centers popular, they should pay the community or individuals within the community a “dividend”. “I have watched the process closely, and data centers that were highly unpopular in a certain area, have become extremely popular when a fina
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Oil rises on Middle East supply fears, US inventory drawdowns
BEIJING, Oct 21 : Oil prices gained over $1 on Wednesday as escalating Middle East tensions fuelled fears of supply disruptions, while falling US crude and product inventories lent support to the market.Brent crude futures rose $1.59, or 1.5 per cent, to $110.38 per barrel as of 0350 GMT. US West Texas Interm
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