Tag: fast
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Dollar drifts with oil; Gulf tensions, Fed minutes in focus
LONDON, July 9 : The dollar backed off this week’s highs on Thursday as the U.S. and Iran carried out renewed attacks, despite a spike in oil prices that rekindled concerns about inflation and boosted expectations the Federal Reserve could soon raise interest rates.Minutes on Wednesday from the Fed’s latest m
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Citigroup expands cross-border instant payments to partner banks
NEW YORK, July 9 : Citigroup said it completed its first instant international payment in dollars with a partner bank, Thailand’s Siam Commercial Bank. • Phillip Securities Thailand, a client of SCB, made an instant transfer of funds in dollars from a Citigroup account in the UK to a Siam Commercial Bank a
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Palantir says UK police contract wrongly blocked over perceived ‘values’
LONDON, July 9 : U.S. tech firm Palantir is challenging a decision to block a contract with London police, arguing on Thursday that London mayor Sadiq Khan’s office wrongly took into account the company’s “values and ethics”.Palantir had agreed a two-year, £50 million ($67.06 million) contract with the Metro
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Space station bioprinting experiment advances quest for lab-grown tissues, company says
July 9 : A biotechnology company says it has successfully used its 3D bioprinter aboard the International Space Station to manufacture structures containing human liver, kidney and cartilage cells, a step it believes could eventually aid production of transplantable tissues in orbit.San Diego-based Auxilium B
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Canada’s Horizon Aircraft taps BETA for flight control system
July 9 : Horizon Aircraft said on Thursday it had selected electric aircraft maker BETA Technologies to supply flight-control computers for its Cavorite X7 aircraft, as it looks to advance certification efforts.The Canadian hybrid-electric aircraft maker said it will integrate BETA’s fly-by-wire flight contro
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Apple supplier Luxshare leads lukewarm IPOs in Hong Kong as investors get picky
HONG KONG, July 9 : Shares of Luxshare Precision Industry led losses among IPO debutants in Hong Kong on Thursday after raising HK$24.27 billion ($3.10 billion) in the city’s biggest listing this year, as investors became more selective amid a fundraising rush and rising volatility. The stock dropped as much
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SpaceX and AI startup wealth fuels demand for private jets
NEW YORK/MONTREAL, July 9 : Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors shopping for private jets, burying her in paperwork for aircraft-purchase agreements.The Cleveland-based attorney attributed the ru
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SAP to make it easier for customers to switch, averts EU fine
BRUSSELS, July 9 : SAP, Europe’s largest software maker, will make it easier for its customers to switch to rival service providers or end their contracts, EU antitrust regulators said on Thursday as part of concessions aimed at staving off a possible fine.In September last year, the European Commission launc
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The club that produces Canada’s soccer stars has doubts over its future
TORONTO, July 9 : The city of Brampton in Ontario produced key members of the Canadian men’s national World Cup soccer squad. But the loss of a storied local club’s provincial license about a year before Canada hosted the World Cup, confirmed to Reuters by current and former club members, has raised concerns about
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Russia challenges World Athletics ban at top court
MOSCOW, July 9 : The Russian Athletics Federation said on Thursday it had lodged an appeal with sport’s highest court over the World Athletics Council’s decision to extend the suspension of Russian athletes from international competitions.The council reaffirmed the exclusion of Russian and Belarusian athletes
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