Tag: fast
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How India sparred with Telegram days ahead of blocking the app
NEW DELHI, June 18 : India privately rebuked Telegram for not proactively removing accounts offering purported leaked exam papers while the company accused New Delhi of misrepresenting meeting records, an impasse that led to an unprecedented ban of the app, documents show. Telegram has challenged the ban
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Indonesia’s energy minister says government working to secure coal supply for state utility
JAKARTA, June 18 : Indonesia’s Energy and Mineral Resources Minister said on Thursday that the government is working to ensure that coal supplies to state power utility Perusahaan Listrik Negara (PLN) remain stable after reports of blackouts.Here are some details:• Energy minister Bahlil Lahadalia to
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Philippine central bank raises policy rate by 25 basis points, as expected
MANILA, June 18 : The Philippine central bank raised its key interest rate by 25 basis points to 4.75 per cent on Thursday, it said in a statement.Twenty of 25 economists in a Reuters poll expected the Bangko Sentral ng Pilipinas to hike its overnight borrowing rate by 25 basis points. Five others projected a
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EQT buys Berlin-based SpaceX satellite launch partner Exolaunch
LONDON, June 18 : Private equity fund EQT is acquiring Berlin-based space company Exolaunch, which helps satellite companies launch into orbit by partnering with rocket operators such as Elon Musk’s SpaceX.The deal, announced by the companies Thursday, highlights strong investor interest in the space industry
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BESI raises long-term revenue, margin targets as demand increases
June 18 : Dutch semiconductor equipment maker BE Semiconductor Industries (BESI) on Thursday raised its long-term revenue and operating margin targets, citing improved order momentum and stronger demand for data centre and photonics applications.BESI stock has risen over 100 per cent since the beginning of th
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Explainer: How football’s eligibility rules work and their impact on the World Cup
ATLANTA: Morocco’s impressive performance against Brazil on the opening weekend of the World Cup and the shock draw that tiny Cape Verde forced against Spain came from a foundation of studious assimilation of players from around Europe, vastly strengthening their side with talent from the diaspora.All 11 Mo
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Proud Cannavaro sees positives as Uzbekistan lose 3-1 to Colombia
MEXICO CITY, June 17 : Uzbekistan head coach Fabio Cannavaro said he was proud of his team’s performance despite their 3-1 defeat to Colombia in their World Cup Group K opener on Wednesday, praising his players’ effort in a challenging atmosphere at the Azteca Stadium.“I told them that I am very proud o
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Colombia feel weight of Azteca atmosphere in World Cup win over Uzbekistan, says Lorenzo
MEXICO CITY, June 17 : Colombia coach Nestor Lorenzo said the emotion generated by a sea of Colombian supporters at the Azteca Stadium weighed on some of his players as they opened their World Cup campaign with a 3-1 win over Uzbekistan on Wednesday.Goals from Daniel Munoz, Luis Diaz and Jaminton Campaz secur
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Mexico City turns yellow as Colombian fans make Azteca feel like home
MEXICO CITY, June 17 : Hours before Colombia’s World Cup opener, Mexico City was already awash in yellow as thousands of visiting fans transformed the capital into a temporary slice of South America.Colombian supporters draped in national team colours packed restaurants and streets across the city, feasting o
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Dollar holds two-month high on rate hike bets, yen slides
HONG KONG, June 18 : The U.S. dollar clung to a more than two-month high on Thursday after a hawkish hold triggered rate-hike bets despite a U.S.-Iran deal, while the yen weakness drew fresh verbal warnings from Japanese officials.The U.S. central bank held rates steady in a 3.50 per cent-3.75 per cent range
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