Tag: fast
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Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targets
July 16 : Snowflake on Thursday unveiled a compensation package worth up to roughly $448 million for CEO Sridhar Ramaswamy, hinging on the cloud-based data analytics platform’s market value almost doubling to $184 billion in seven years.Ramaswamy’s award, totaling 1 million shares, is structured into five tra
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Seven & i near deal to invest in Poland’s Zabka, Nikkei says
TOKYO, July 16 : Japanese retail giant Seven & i Holdings is in the final stages of talks to take a stake in Polish convenience store operator Zabka Group, the Nikkei business daily reported on Thursday.Seven & i is considering acquiring Zabka shares held by investment funds, and the size of the investment wi
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Chipmakers weigh on stocks, oil edges higher
LONDON/SYDNEY, July 16 : European markets edged lower on Thursday following more overnight volatility in Asia’s tech-dominated indexes, while benign U.S. inflation data helped keep the dollar and government bond yields under control, as the U.S.-Israeli war on Iran nudged oil prices up again.Despite stellar
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A place called home: US Soccer’s hope for the future
ATLANTA, July 16 : U.S. Soccer believes a new state-of-the-art training centre and finally having a permanent home can put it on equal footing with football’s powerhouse nations in the years ahead, as they look to the future following an early end to their World Cup adventure.Excitement and enthusiasm turned
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‘Crisis’ in youth sports comes into focus after early US World Cup exit
ATLANTA/NEW YORK, July 16 : Another early World Cup exit underscores a fractured youth sports culture in the United States, as the nation hopes to catch up with footballing powerhouses that have no clogs in their talent pipeline.The Americans have not reached the quarter-finals of the global showpiece since 2
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India’s Wipro misses first-quarter revenue view
BENGALURU, July 16 : India’s No.4 software services provider Wipro posted lower-than-expected first-quarter revenue on Thursday, with clients holding back non-essential tech spending as geopolitical uncertainty and AI-led disruption weighed on the sector. Consolidated revenue in the three months ended June
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Scotland goalkeeper Gordon retires after 25-year career
July 16 : Scotland goalkeeper Craig Gordon announced his retirement on Thursday, hanging up his gloves after a career spanning more than two decades.The 43-year-old made 682 appearances for boyhood club Heart of Midlothian, Cowdenbeath, Sunderland and Celtic and won 84 caps for Scotland.”I’ve never wan
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South Korea to ban new listings of single-stock leveraged ETFs
SEOUL, July 16 : South Korea said on Thursday it will temporarily ban new listings of exchange-traded funds (ETFs) that are tied to certain major technology firms, while raising minimum required deposits for retail investors to invest in such products, in an effort to curb market volatility.The Financial Serv
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Italy coach Quesada receives two-match ban for comments about referee
July 16 : Italy coach Gonzalo Quesada has been handed a two-match suspension for comments he made following his side’s defeat by New Zealand last week, World Rugby said on Thursday.In an interview with Sky Sport after Italy’s 47-17 thrashing in the Nations Championship, Quesada said referee Luc Ramos was “s
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Google loses court fight against $854,250 Italian fine over gambling advertising
BRUSSELS, July 16 : Alphabet unit Google on Thursday lost its fight against a €750,000 ($854,250) fine imposed for gambling advertising on its YouTube video platform four years ago as Europe’s top court sided with Italy’s communication authority.Google had challenged the fine handed out by an Italian admini
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