Tag: fast
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Wall Street banks, Blackstone line up $63 billion to finance Broadcom AI chips for Anthropic
Oct 26 : Bank of America, Blackstone, Citi and Morgan Stanley will provide $63 billion in financing to buy Broadcom’s AI chips and networking gear for Anthropic, in one of the largest debt deals tied to the AI buildout.Broadcom is providing “residual value support” to lenders, who are providing first lien loa
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Japan’s September corporate services prices rise 3.7% yr/yr
TOKYO, Oct 27 : A key gauge of Japan’s service-sector inflation rose 3.7 per cent in September from a year earlier, data showed on Tuesday, a sign of mounting price pressures that will likely keep the central bank on track for further interest rate hikes.• The year-on-year rise in the services producer pric
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Oil eases on Middle East diplomacy hopes, Saudi attacks keep supply worries alive
Oct 27 : Oil prices edged lower on Tuesday as the potential for a resolution in the US-Israeli war on Iran kept supply fears at bay, but Brent stayed close to six-month highs as attacks on Saudi Arabia lowered hopes of immediate stability in the region.Brent crude futures were down 66 cents, or 0.57 per…
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Spain relaxes initial proposal for data-center rules
MADRID, Oct 26 : Spain on Monday unveiled a more flexible version of its proposed decree governing data centers after a wave of project announcements in the country, according to officials at the energy ministry.• The revised proposal raises the threshold for the rules to apply, extends the time frame for d
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Putellas wins 2026 Ballon d’Or Feminin award
LONDON, Oct 26 : Spain midfielder Alexia Putellas was presented with the Ballon d’Or Feminin award on Monday, receiving the highest individual honour in women’s football after another season of success for club and country.An international panel of journalists selects the winner, recognising the player judged
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Wall St banks, Blackstone line up $63 billion to finance Broadcom AI chips for Anthropic
Oct 26 : Bank of America, Blackstone, Citi and Morgan Stanley will provide $63 billion in financing to buy Broadcom’s AI chips and networking gear for Anthropic, in one of the largest debt deals tied to the AI buildout.Rising AI demand is driving massive investment in computing infrastructure as technology co
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Apple says it will replace iPhone Duo units showing screen problems
SAN FRANCISCO, Oct 26 : Days after launching its first folding iPhone, Apple acknowledged on Monday that some of the devices exhibit display problems and said it will replace them.Apple started shipping the iPhone Duo last week, with customers around the world lining up for tight inventory after initial onlin
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Applied Materials to raise BESI stake to about 20%
Oct 26 : Applied Materials said on Monday it plans to raise its stake in Dutch company BE Semiconductor Industries (BESI) to about 20 per cent from 9 per cent, deepening a partnership focused on advanced chip-packaging technologies used in AI applications.Here are more details: • Applied Materials, B
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Mayulu, Godts send PSG top with win over Olympique Lyonnais
PARIS, Oct 26 : Substitutes Senny Mayulu and Mika Godts scored superb second-half goals as Paris St Germain moved to the top of Ligue 1 with a hard-fought 2-0 home win over Olympique Lyonnais on Monday.PSG have 17 points from eight games, one more than second-placed Rennes, while Lyon are in fifth with 14 poi
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Skydance offers buyouts to some employees to cut costs after Warner Bros merger
Oct 26 : Skydance is offering some employees a one-time voluntary buyout, according to a memo seen by Reuters on Monday, as the media company looks to cut costs after scooping up bigger rival Warner Bros Discovery and assuming its massive debt.The company, whose shares have fallen by about a third this year,
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