Tag: fast
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Stocks drop, bond yields rise; Fed keeps rates steady but projects hike for later this year
NEW YORK, June 17 : Major stock indexes fell, bond yields rose and the U.S. dollar extended gains on Wednesday after the Federal Reserve held the benchmark interest rate steady and new projections showed officials expect a hike in borrowing costs later this year amid increasing inflation concerns.Kevin Warsh,
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EU cybersecurity agency to meet Anthropic on Thursday, EU Commission says
BRUSSELS, June 17 : The European cybersecurity agency Enisa will hold a meeting with U.S. artificial intelligence company Anthropic on Thursday in San Francisco, a European Commission spokesperson told reporters on Wednesday.The meeting follows an invitation by Anthropic and was scheduled before a U.S. export
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Nippon Steel ‘not yet satisfied’ with US Steel reforms, Nikkei reports
June 18 : Nippon Steel has seen positive results from efforts to improve operations at U.S. Steel, one year after its acquisition, but is not yet satisfied with the pace of reforms, the Nikkei newspaper reported on Thursday, citing the steelmaker’s vice chairman and executive vice president.”We’re seeing impr
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Ghana, Panama fans throng Toronto streets ahead of World Cup clash
TORONTO, June 17 : Boisterous fans of Ghana and Panama marched to Toronto Stadium to root for their teams in the World Cup Group L clash wearing traditional dress and waving flags, determined not to let high ticket prices and gloomy weather dampen their spirits.Wearing an ornate headdress made of beads and f
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Half of Japan firms see post-Iran war recovery taking over 6 months: Reuters Poll
TOKYO, June 18 : Nearly half of Japanese firms believe it will take more than six months for their business operations to return to normal after a ceasefire is achieved between the United States and Iran, a Reuters survey showed on Thursday. The survey took place before Washington and Tehran’s interim a
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Scorching Miami heat could push World Cup players to the brink, expert warns
MIAMI, June 17 : Players arriving in Miami for World Cup matches may find themselves battling more than just opposing teams, as sweltering heat and humidity threaten to turn the tournament into a test of endurance as much as skill.Teams from cooler climates face particular risks if they have not had time to a
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Portugal coach Martinez unruffled by DR Congo draw
HOUSTON, June 17 : Portugal coach Roberto Martinez was unfazed on Wednesday by his side’s unexpected 1-1 World Cup draw with unheralded Democratic Republic of Congo and said his side showed “extraordinary” attitude but still had work to do. Teams like Spain and Argentina had endured rocky opening World Cup
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South Africa coach tells critics to shut up
ATLANTA, June 17 : South Africa coach Hugo Broos told critics of his tactics in last week’s World Cup opener to shut up and insisted he would continue to do things his way when planning for Thursday’s Group A clash against the Czech Republic.There was an outcry in South Africa when Broos took a rare…
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Apple to raise prices due to memory chip shortage, CEO tells WSJ
June 17 : Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview.A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key
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Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says
LOS ANGELES, June 17 : Chinese regulators have cleared the Paramount Skydance-Warner Bros Discovery merger, according to a source familiar with the decision. (Editing by Franklin Paul)
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