Tag: fast
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Euro sinks to 17-month low on France debt fears
NEW YORK, Oct 5 : The euro slumped to a 17-month low against the dollar on Monday as concerns about France’s ability to rein in its budget deficit and a sharp bond market selloff last week elevated fears of a potential sovereign debt crisis in the euro zone, while US economic data showed inflation pressures.F
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Qualcomm and Arm kick off trial, potential for huge damages in focus
WILMINGTON, Delaware, Oct 5 : Chipmaker Qualcomm and chip tech firm Arm Holdings, long at loggerheads, began another trial on Monday with Qualcomm accusing Arm of withholding chip testing tools that were due under contract.Qualcomm also alleges that Arm leaked to the media its 2024 threat to terminate a vital
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Meta, TikTok, X challenge UK watchdog over online safety data demands
LONDON, Oct 5 : Meta, TikTok and X are challenging British regulator Ofcom over the amount of information it is demanding they provide under Britain’s nascent online safety regime.The challenge is one of the first in relation to the 2023 Online Safety Act, which sets tougher standards for platforms such as Ti
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US commodities regulator proposes new federal crypto oversight rules
Oct 5 : The U.S. commodities regulator on Monday proposed a new federal framework for cryptocurrency exchanges that offer leveraged digital asset trading, in a move to bring parts of the spot crypto market under federal oversight weeks after Congress failed to advance comprehensive crypto regulation. The U.S.
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Nvidia, Broadcom shielded as AI power crunch hits chip supply chain, says Morgan Stanley
Oct 5 : Nvidia and Broadcom are relatively insulated from a worsening US data-center power crunch, but any resultant delay in AI deployments can affect makers of memory, optical and other secondary chip components, Morgan Stanley said on Monday.• The brokerage estimated last month that US data-center develo
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Premier League viewership up 20% among young Americans, Nielsen Sports data shows
Oct 5 : The Premier League has struck a chord with young Americans after the US co-hosted this year’s World Cup, with viewership for the English top-flight up 20 per cent among those aged 18-34 so far this season, shows data from Nielsen Sports released on Monday.US broadcasters NBC and the USA Network have d
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German robot startup RobCo hits $1 billion valuation, CEO moves to US
AMSTERDAM, Oct 5 : German robotics maker RobCo on Monday said it had passed a $1 billion valuation and that its CEO Roman Holzl had relocated to the United States to focus on the company’s fastest-growing market.The Munich-based firm said the valuation was based on a secondary sale of shares following a $100
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Euro hits 17-month low, dollar near pre-Liberation Day highs
Oct 5 : The euro slid to a 17-month low against the dollar on Monday as concerns about France’s ability to rein in its budget deficit and a sharp bond market selloff last week stirred fears of a return of sovereign debt crisis dynamics in the euro zone.French government bonds have come under pressure as…
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Alcaraz battles past Munar to reach up Japan Open final
Oct 5 : Defending champion Carlos Alcaraz overcame early wobbles on his serve to outclass fellow Spaniard Jaume Munar 5-7 6-3 6-1 and reach the Japan Open final on Monday, taking a step towards his first singles title after his comeback from a wrist injury.He will face Czech Jiri Lehecka in Tuesday’s final.
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Norway boss Solbakken warns of heavy toll on ‘thoroughly spent’ Haaland
Oct 5 : Norway striker Erling Haaland is showing signs of physical fatigue following a relentless run of matches for club and country, raising concerns over his punishing workload.The 26-year-old Manchester City forward was substituted after 67 minutes as Norway lost 2-1 away to Portugal in Nations League Gro
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