Tag: fast
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Yen wallows at 40-year low as dollar rally gets yield boost
LONDON, July 1 : The dollar hit a 40-year high against the yen on Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data that could strengthen the case for a Federal Reserve rate hike this month.The dollar rose as high as 162.84 yen, well above levels that…
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Pogacar seeks record-equalling fifth Tour title as Vingegaard and Seixas challenge
BARCELONA, Spain, July 1 : Slovenia’s Tadej Pogacar will chase a record-equalling fifth Tour de France title when the 2026 edition begins in Barcelona, Spain, on Saturday, with Denmark’s Jonas Vingegaard and France’s Paul Seixas poised to provide the stiffest competition.Pogacar, who has won the last two edit
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Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages
STOCKHOLM, July 1 : A Swedish court said on Wednesday Alphabet’s Google is to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to Klarna’s price comparison company PriceRunner. “PriceRunner is considered to have suffered damage as a result of Google having illeg
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Wimbledon day three
LONDON, July 1 : Highlights of the third day at Wimbledon on Wednesday (times GMT):1115 OSAKA SAILS INTO THIRD ROUNDFour-time Grand Slam champion and Japanese 14th seed Naomi Osaka beat Russian Anastasia Gasanova 6-3 6-2.1113 OSTAPENKO BEATS RUZICFormer French Open winner Jelena Ostapenko
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Mass ‘Viking row’, uprooted plants and dented trains as Norway World Cup fans celebrate
OSLO, July 1 : Thousands of Norwegian fans joined in a huge “Viking row” celebration through Oslo on Tuesday, after their team advanced to the World Cup last 16, in a night of wild rejoicing that left a trail of damage to metro trains and city streets.A vast crowd clad in red, blue and white…
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Wayve courts automakers with AI driving system that learns like humans
July 1 : Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz and Nissan. In June, Wayve
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Vimeo owner Bending Spoons heads for US market debut after $1.68 billion IPO
July 1 : Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company priced its initial public offering above the range to raise $1.68 billion.The listing will test investor appetite for software companies after the industry was hammered earlier this year over fears
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Village People singer Victor Willis dies at 74, co-writer of YMCA and other disco hits
The Texas-born musician was a co-founder of the disco group and also co-wrote other hits such as In The Navy and Macho Man that swept the world’s dancefloors in the late 1970s.
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Unchecked AI progress may pose catastrophic risks, UN panel warns
GENEVA, July 1 : Developments in artificial intelligence are outpacing scientific understanding and government policy, meaning there are no guarantees the technology will not cause catastrophic harm, a United Nations independent panel warned on Wednesday.A preliminary report by the UN’s Independent Internatio
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BYD’s sales rise for second month, buoyed by exports
BEIJING, July 1 : Chinese electric vehicle maker BYD logged a second straight month of rising sales globally in June, as strong exports offset sluggish domestic demand.Total vehicle sales were up 5.5 per cent from a year earlier to 403,472 units last month, according to Reuters calculations based on a stock
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