Tag: fast
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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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Marseille appoint Genesio as head coach after Beye’s exit
July 1 : Olympique de Marseille have appointed Bruno Genesio as head coach, the Ligue 1 club announced on Wednesday, following the departure of Habib Beye after a four-month spell in charge.Genesio, who has previously managed Olympique Lyonnais, Stade Rennais and Lille, was expected to take over at the Stade
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World shares ease, yields rise as yen hits 40-year low
MILAN/SYDNEY, July 1 : World shares started the third quarter cautiously on Wednesday ahead of key U.S. jobs data, as uncertainty over U.S.-Iran negotiations weighed and traders watched for possible Japanese intervention after the yen hit fresh 40-year lows. The MSCI World Price Index slip
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In a warning sign, analysis shows publicly traded credit funds are unprofitable
(Corrects share price graphic by switching line labels)By Nell Mackenzie and Iain WithersLONDON, July 1 : The majority of publicly traded business development companies (BDCs) — the visible part of the private credit market — have turned unprofitable due to falling asset values and rising costs, a
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Germany’s DFB soccer association HQ searched in 2024 Euros ticket probe, Bild says
BERLIN, July 1 : German investigators launched nationwide searches on Wednesday, including at the offices of the DFB soccer association, as part of a probe into suspected ticket and hospitality violations at the 2024 European Championship, the Bild newspaper reported. The raids were prompted by investigations
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Oil edges higher as breakdown in Iran-US talks raises supply concerns
NEW DELHI, July 1 : Oil prices ticked higher on Wednesday on concerns a breakdown in talks between Iran and the U.S. for a final agreement to end their war may extend supply disruptions in the key Middle East producing region.Brent futures rose 14 cents, or 0.19 per cent, to $73.09 a barrel at 0644…
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Beccacece bids farewell as Ecuador coach after World Cup exit
MEXICO CITY, June 30 : Sebastian Beccacece bid a heartfelt farewell as Ecuador coach following their 2-0 defeat by Mexico in the World Cup round of 32 on Tuesday, saying he would have liked to continue in the role but that he had failed to deliver on his promises.Despite entering the knockout stage with renew
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