Tag: fast
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Windies’ Hope worried about excess baggage after landing another Player of the Match award
NEW DELHI, Oct 15 : West Indies captain Shai Hope is worried he may have to fork out excess baggage fees after picking up his third Player of the Match award on their tour of India.The opener’s unbeaten 102 in the fourth Twenty20 International on Wednesday set up a series-levelling win in Hyderabad. He also…
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Figma CFO says design platform willing to put margins on the line to boost AI demand
BENGALURU, Oct 15 : Figma’s CFO said on Thursday it was uncertain if the design software firm would return to peak gross margin levels as it ramps up AI spending, but said the investments will help draw users and better compete with sophisticated tools from labs such as OpenAI and Anthropic.The company has be
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TomTom to cut 200 jobs in reorganisation, targets €21 million in savings
Oct 15 : Dutch digital mapping specialist TomTom NV said on Thursday it would cut 200 jobs globally as part of a reorganisation expected to generate annualised savings of about €21 million ($23.6 million).The company, which has been investing lately in its new mapping platform, TomTom Orbis, is gradually sh
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Ericsson braces for component cost hit after third-quarter profit beat
STOCKHOLM, Oct 15 : Telecom gear maker Ericsson on Thursday reported a smaller-than-expected drop in third-quarter core profit as efficiency measures helped offset higher component costs, but warned that such costs would affect margins next year. • Operating profit before amortisation and restructuring cos
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Oil prices retreat as investors weigh supply outlook, Middle East tensions
Oct 15 : Oil prices fell more than 1 per cent on Thursday as investors weighed risks to supply from attacks on shipping through the Strait of Hormuz against US efforts to cut petroleum shipping costs by easing sanctions on vessels.Brent crude futures fell $1.64, or 1.6 per cent, to $104.42 a barrel by 0337…
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Sports-FIFA postpones FIFAe Finals in Saudi Arabia following attacks
Oct 15 : FIFA and the Saudi Esports Federation have postponed the FIFAe Finals 2026 scheduled to take place in Jeddah from October 16-25, organisers said on Thursday following recent attacks on Saudi Arabia.A strike on Riyadh’s international airport on Saturday killed at least 12 people and wounded more than
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Global financial watchdog calls for more human oversight of agentic AI
LONDON, Oct 15 : The Financial Stability Board (FSB), a global standard setter, has called for greater human oversight of agentic AI in final guidance for banks and other firms on managing the technology’s risks. The FSB’s guidance, published Thursday, comes as regulators ramp up efforts to contain growing
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Analysis:Japanese insurers are poised to bring money back home – gradually
TOKYO, Oct 15 : Some of Japan’s largest asset managers are expected to unveil plans to buy more domestic bonds with markets focusing on whether they would step up divestments of overseas assets to bring money back home. Although a major reallocation is unexpected, consistent flows home could put a floor under
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IMF vows continued support for Sri Lanka
BANGKOK, Oct 15 : The International Monetary Fund stood ready to support Sri Lanka “in any way they desired, as appropriate,” Sonali Jain-Chandra, deputy director of its Asia and Pacific Department, said on Thursday.• Sri Lanka’s macroeconomic situation is “much improved,” with its fiscal performance very
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ByteDance nears chip supply deal with MediaTek for data centres, Bloomberg News reports
Oct 15 : ByteDance is close to an agreement with MediaTek to secure semiconductors for its data center operations, Bloomberg News reported on Thursday, citing people familiar with the matter.Reuters could not immediately verify the report.
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