Tag: fast
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Stocks slip as dollar heads for weekly loss
NEW YORK/PARIS, Oct 16 : Global stocks fell modestly on Friday as markets stabilised after a sharp tech-led selloff, while the dollar headed for a weekly loss.Markets have been rattled this week by concerns over higher interest rates and the debt-fuelled financing behind the AI boom, triggering a selloff in�
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Wardley out for revenge in WBO heavyweight title rematch with Dubois
LONDON, Oct 16 : Heavyweight challenger Fabio Wardley predicted he would take his revenge in knockout fashion after weighing in heavier than ever for a title rematch with WBO world champion Daniel Dubois in Saturday’s all-British bout at London’s O2 Arena.• Dubois, 29, was a career-heaviest 253.9 pounds (11
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SoftBank weighs $18 billion acquisition of Allied Universal, Bloomberg News reports
Oct 16 : SoftBank Group is considering an acquisition of Allied Universal in a deal that could value the US security services provider at about $18 billion, Bloomberg News reported on Friday, citing people familiar with the matter.• Allied Universal provides security staffing for businesses, venues and majo
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Analysis:Why CoreWeave is in the crosshairs of the AI scare
LONDON/BENGALURU, Oct 16 : Loss-making and deeply indebted US cloud company CoreWeave became an easy target this week for investors concerned about an artificial intelligence bubble. Its selloff, though, has greater significance for markets than its size implies.The slump in the shares and bonds of the $39 bi
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Stocks edge lower as dollar heads for weekly loss
NEW YORK/PARIS, Oct 16 : Global stocks edged lower on Friday as markets stabilised after a sharp tech-led selloff, while the dollar headed for a weekly loss.Markets have been rattled this week by concerns over higher interest rates and the debt-fuelled financing behind the AI boom, triggering a selloff in t
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Real Madrid demand resignation of LaLiga chief after Nazi propaganda comparison
MADRID, Oct 16 : Real Madrid demanded the resignation of LaLiga President Javier Tebas on Friday after he compared rhetoric from the club’s management to the propaganda methods used by the Nazi Party in Germany.Tebas wrote earlier on Friday on social media that “Real Madrid’s management directs an orchestr
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Judge rejects CFTC, Gemini bid to vacate $5 million settlement
WASHINGTON, Oct 16 : A federal judge in Manhattan has rejected a joint request by the US Commodity Futures Trading Commission and Gemini, a cryptocurrency exchange founded by twin brothers Cameron and Tyler Winklevoss, to undo a $5 million settlement from the Biden administration. In a ruling on Thursday, US
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Russian drones kill three in Ukraine, cut power to over a million
Authorities said repair crews restored electricity to many affected areas, but some areas may face blackouts for at least 24 hours as drone attacks continued, damaging trucks and buildings.
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Pant awaits fitness clearance as Bumrah returns for New Zealand tests
Oct 16 : Wicketkeeper-batter Rishabh Pant was named in India’s squad for next month’s two-test series in New Zealand on Friday, subject to fitness clearance, while pace spearhead Jasprit Bumrah returned to the side.The Shubman Gill-led test squad featured few surprises, with selectors retaining the core of th
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CoreWeave’s CEO sold nearly $1 billion of stock since IPO, filings show
Oct 16 : CoreWeave CEO Michael Intrator and entities linked to him have sold nearly $1 billion of stock, mostly under prearranged trading plans, since the AI cloud company’s IPO in March last year, according to regulatory filings.The sales began about two months after the stock hit a record high in June 2025.
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