Tag: Business
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Mistral launches first robotics model in physical AI push
July 8 : Paris-based Mistral AI on Wednesday unveiled its first robotics model as Europe’s leading AI company pushes into factories, warehouses and industrial automation.The launch follows Mistral’s acquisition of Austria’s Emmi AI in May and comes months after Paris-based startup Genesis AI unveiled a broad
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WTO panel largely rejects Indonesia’s challenge to EU duties in fatty acid imports dispute
July 8 : A World Trade Organization panel on Wednesday largely rejected Indonesia’s challenge to European Union anti-dumping duties on fatty acid imports from the Southeast Asian country, while finding a limited breach related to the European Commission’s calculation of dumping margins.The panel upheld one In
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Ancient quasars add to a ‘major unsolved problem’ in astrophysics
WASHINGTON, July 8 : A quasar — among the universe’s most luminous and energetic objects — is a supermassive black hole caught in the act of guzzling matter at the heart of a galaxy. Scientists have now found quasars dating to so early in cosmic history that they are baffled as to how they already…
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Judge rejects Kalshi bid to block New York gambling enforcement law
NEW YORK, July 8 : A federal judge denied Kalshi’s bid to block New York from enforcing its gambling laws against the prediction markets platform, amid a growing battle between federal and state regulators over authority to police the fast-growing industry.In a decision on Tuesday, U.S. District Judge Analisa
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Dollar slips after touching one-week high as Iran deal in question
NEW YORK, July 8 : The U.S. dollar edged lower after reaching its highest level in about a week on Wednesday after U.S. President Donald Trump said an interim memorandum of understanding signed with Iran to end their conflict was “over”, while investors awaited Federal Reserve meeting minutes later in the day.
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Apple to spend $30 billion on Broadcom chips as it boosts US sourcing
SAN FRANCISCO, July 8 : Apple plans to spend more than $30 billion under a multi-year chip supply deal with Broadcom, bolstering its U.S. sourcing as President Donald Trump’s administration pushes to expand domestic chip manufacturing.Broadcom shares rose more than 4 per cent, while Apple shares were down mar
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LatAm assets slide with global markets after Trump says Iran deal ‘over’
July 8 : Most Latin American assets fell on Wednesday after U.S. President Donald Trump said the interim accord to end the war with Iran was over, sending oil prices higher and denting global risk sentiment. Trump also said that the U.S. was likely to launch more strikes on Wednesday night and take over I
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Used EVs keep getting more expensive amid Iran war, high gas prices
The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% compared to June 2025.
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Bezos’ Blue Origin seeks first outside funding at $130 billion valuation, NYT DealBook reports
July 8 : Jeff Bezos’ Blue Origin is looking to tap outside investors for the first time, aiming to raise $10 billion in a funding round that would value the rocket maker at $130 billion before the investment, according to an NYT DealBook report on Wednesday.Coatue Management, a big asset manager, is expected
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Dollar steady around one-week high after Trump says Iran MOU ‘over’
LONDON, July 8 : The U.S. dollar was broadly steady at its highest level in roughly a week on Wednesday after U.S. President Donald Trump said an interim memorandum of understanding signed with Iran to end their conflict was “over”, while investors also looked ahead to Fed meeting minutes due later in the day.
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