Tag: fast
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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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Life expectancy of Singapore residents rises to 83.9 years in 2025
Life expectancy at birth for Singapore residents rose by one year over the past decade, according to SingStat data.
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India’s IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
June 3 : India’s information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt traditional software services rattled investors.The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its wo
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Leclerc confirms multi-year extension with Ferrari
June 3 : Driver Charles Leclerc has committed to Ferrari in a multi-year contract extension, the Formula One team confirmed on Wednesday ahead of the Monaco Grand Prix.The 28-year-old Monegasque has driven for the Maranello-based outfit in F1 since 2019, winning eight races.”I couldn’t be happier to co
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