Tag: fast
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Sumitomo Mitsui Trust Bank to buy 15% stake in infrastructure investor Morrison
TOKYO, July 7 : The trust bank unit of Japan’s Sumitomo Mitsui Trust Group will acquire a 15 per cent stake in infrastructure investment manager Morrison and make an initial $500 million commitment to two Morrison strategies, the companies said on Tuesday. The 15 per cent stake is expected to be in the ten
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Oil climbs as market monitors US-Iran talks
July 7 : Oil rose on Tuesday as traders’ nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through the Strait of Hormuz.Brent crude futures gained $1.02, or 1.42 per cent, to $73.01 a barrel, while U.S. West Texas…
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US firms remain committed to Singapore, but rising costs could affect future investment: AmCham CEO
Dr Lei Hsien-Hsien, CEO of the American Chamber of Commerce in Singapore, tells CNA that artificial intelligence and hiring challenges are also reshaping how companies decide where to invest.
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Balogun is quiet on pitch after kicking up an international storm
SEATTLE, July 6 : After dominating the global football headlines for 24 hours, U.S. striker Folarin Balogun barely merited a mention in Monday’s game against Belgium as the co-hosts were eliminated from the World Cup in the round of 16.The 25-year-old’s three goals and playmaking up front had helped the U.S.
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Exclusive-Australia’s teen social media ban fails to clear first hurdle in age checks, says study
SYDNEY, July 7 : Australia’s online platforms are stumbling at the very first step in implementing age checks for users, rendering a world-first teen social media ban ineffective, a study by a team that advised the government’s rollout of the curbs found.Since December, Australia’s new social media law has ma
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Synopsys to cut chip fab manufacturing control software in shift to AI design, sources say
SEOUL, July 7 : U.S. chip design giant Synopsys plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to divert resources to higher-margin offerings such as AI design. Synopsys in April and May informed
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Google, RWE back Proxima Fusion in €411 million financing round
July 7 : Magnetic fusion start-up Proxima Fusion has raised €411 million ($469.69 million) from investors including Alphabet’s Google and German utility RWE as part of a financing round, the Munich-based start-up said on Tuesday.• “Proxima’s financing demonstrates that Europe can not only invent breakth
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Australia lose flyhalf Gordon, flanker Hooper for France test
MELBOURNE, July 7 : Australia have suffered a major blow ahead of the second Nations Championship test against France with the loss of flyhalf Carter Gordon and loose forward Tom Hooper to injury.Gordon’s partnership with halfback Ryan Lonergan helped the Wallabies make a flying start in the Nations Champions
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Everton sign forward George from Chelsea after loan spell
July 7 : Everton have completed the permanent signing of English forward Tyrique George from Chelsea, the Premier League club said on Monday, with the 20-year-old signing a four-year contract after he spent the second half of last season on loan at Goodison Park.Financial details were not disclosed by the clu
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Meta says US states are seeking $1.4 trillion in penalties in August youth safety trial
July 6 : Meta Platforms said in a court filing on Monday that four states were seeking $1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.Meta put forward the figure in its response to the attorne
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