Tag: fast
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Yen falls to 160 level, prompting warnings from Japanese officials
LONDON, June 3 : Renewed strength in the dollar pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on alert for intervention, as fresh Gulf hostilities bolstered demand for the greenback.The U.S. said Iran launched ballistic missiles
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Belgium urge calm after Lukaku scores in away win at Croatia
RIJEKA, Croatia, June 3 : Belgium are seeking to temper any expectations after an impressive away victory in Croatia on Tuesday, where a goal from Romelu Lukaku came as a major boost ahead of the World Cup.Belgium’s top scorer netted his 90th international goal in the 2-0 win, as both countries continued Wo
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Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says
June 3 : Private infrastructure and real estate capital are expected to play a larger role in financing the AI-driven data-center boom, as companies move beyond traditional forms of funding, Goldman Sachs said in a note on Tuesday.• Goldman increased its combined capex forecast for the four largest hypersca
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France fines Shein $26 million over consumer rule breaches; Shein to challenge
PARIS, June 3 : France has fined fast-fashion firm Shein about €22 million ($26 million) over issues with returns, product information and order confirmations, a penalty the company described as disproportionate and vowed to challenge.The Directorate General for Competition, Consumer Affairs, and Fraud Cont
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Iran to play World Cup warm-up behind closed doors, head to Mexico on Saturday
June 3 : Iran will play their final World Cup warm-up behind closed doors in Turkey on Thursday before departing for their tournament base in Mexico on Saturday, the Iranian FA (FFIRI) said on Wednesday. Although it was one of the first teams to qualify, Iran’s participation in the World Cup has been in doubt
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DR Congo hope to go ahead with Spain fixture despite Ebola cancellation
LIEGE, Belgium, June 3 : The Democratic Republic of Congo is hoping to go ahead with a World Cup warm-up match against Chile in Spain next week despite local authorities prohibiting the match due to the African nation’s Ebola outbreak.The mayor of La Linea de la Concepcion took the decision even though the C
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When IPOs go wrong: SpaceX, AI firms face a delicate process
SAN FRANCISCO, June 3 : Beware the ghosts of IPOs past.SpaceX and Anthropic are preparing for what may be the biggest public-market launches in U.S. history, with OpenAI rumored to be close behind. That will put the companies’ chiefs in the sights of the buttoned-down world of Wall Street, even as the
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Analysis:US tech stocks’ market dominance reaches new heights and presents new risks
NEW YORK, June 3 : The charge higher in U.S. technology stocks has made broader indexes as reliant as ever on the group – and more vulnerable should those market leaders trip up.With stunning gains over the past two months, the S&P 500 technology sector now accounts for more than 39 per cent of the…
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World Cup gives North American transit a chance to shine – or be booed
June 3 : The 2026 World Cup is soccer’s biggest stage, and for some of North America’s rail and bus operators it will be a critical audition.With airfares and gasoline prices rising, airport security lines stretching to infuriating lengths, and 104 World Cup matches in 16 cities spread across four time zones
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Analysis:Software stocks bounce back – now comes the hard part
June 3 : Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead.The iShares Expanded Tech-Software Sector ETF has surged nearly 42 per cent from its April low, turning fears that AI would rip the heart out of the industry i
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