Tag: fast
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Bank of Korea holds rates as expected after back-to-back hikes
SEOUL, Oct 22 : The Bank of Korea left its benchmark interest rate unchanged at 3.00 per cent on Thursday, pausing after back-to-back quarter-point hikes in July and August.The seven-member monetary policy board at the BOK voted to keep the seven-day repurchase rate at 3.00 per cent, a decision that was forec
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Tesla aims to sell Cybercab robotaxis by end of year despite federal probe
SAN FRANCISCO, Oct 21 : Tesla is aiming to start selling its Cybercab robotaxis to the public by the end of this year, its engineering chief said on Wednesday, even as the US auto safety agency probes the vehicles that come without manual controls which federal regulations typically require. The gold, two-s
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Costa Rica appoint former captain Ruiz as head coach
Oct 21 : Costa Rica have appointed former captain Bryan Ruiz as head coach to lead the national team’s campaign to qualify for the 2030 World Cup, the Costa Rican Football Federation (FCRF) said on Wednesday.• Ruiz, 41, takes the job after two wins as interim coach, with Costa Rica beating Nicaragua 3-0 and
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Meta sued in Australia class action over alleged social media harm to children
SYDNEY, Oct 22 : A class action lawsuit has been filed in an Australia court against Meta Platforms’ Facebook and Instagram, alleging the social media platforms exposed children to harmful content and kept them addictive through algorithms.The lawsuit, filed in the Federal Court, Australia’s second-highest, b
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Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions
Oct 22 : Oil prices rose on Thursday as more attacks by the Houthis in Saudi Arabia prompted the United States to order some diplomats and family members to leave its missions in the Kingdom.Brent crude futures rose $1.29, or 1.2 per cent, to $110.11 a barrel at 00:34 GMT, while US West Texas Intermediate…
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Meta puts Muse agent at heart of AI strategy, plans new stock to power investments
Oct 21 : Meta introduced new non-voting shares on Wednesday to help fund the social media giant’s costly AI expansion, as executives laid out their vision for organizing the company’s future around its nascent AI agent business.Shares of the Facebook and Instagram parent rose more than 4 per cent in extended
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Germany’s SAP hits €10 billion quarterly revenue milestone, lifts 2026 view
Oct 21 : Europe’s largest tech company SAP achieved a €10 billion ($11.2 billion) quarterly revenue milestone for the first time on Wednesday, while reporting a 26 per cent rise in current cloud backlog and moving its 2026 revenue expectations to the upper end of its outlook range.Cloud revenue rose 26 per
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Fernandes questions United’s tactics after Como hammering
Oct 21 : Manchester United captain Bruno Fernandes said his side failed to apply enough pressure and adopted a “mood of defeat” after conceding early in Wednesday’s 4–1 Champions League loss at Como, a result that increased scrutiny on manager Michael Carrick.Como opened the scoring in the second minute and
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Commentary: Rogue Chinese AI really wants to go to the zoo. That’s a problem
AI firms need to invest more in discovering, tracking and – most importantly – disclosing what their agents are up to, says Catherine Thorbecke for Bloomberg Opinion.
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Stocks rise on AI-led earnings, France’s 10-year bond yield hits 5%
NEW YORK/LONDON, Oct 21 : Major stock indexes climbed on Wednesday, lifted by more strong results from AI-focused companies, while France’s 10-year bond yield hit 5 per cent for the first time since 2002 due to growing concern about the country’s economic outlook.The Nasdaq gained more than 1 per cent, with S
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