Tag: fast
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Oil falls as Lebanon and Israel agree on a ceasefire
BEIJING/PERTH, June 4 : Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the U.S.-Israeli war with Iran that could lead to a reopening of the Strait of Hormuz.Brent futures were down 87 cents, or 0.89 per cent, at $96.92 a barrel by…
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Fiji rejects Australian billionaire’s ‘Pacific ashtray’ plan to ship, burn waste
SYDNEY: Fiji’s environment ministry on Thursday (Jun 4) rejected a plan by an Australian billionaire to burn rubbish for energy in the South Pacific nation, after a backlash from traditional landowners and tourism operators.The plan to ship non-recyclable rubbish from across the region to Fiji, popular with t
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Meta repeatedly pushes back new AI model release for developers, WSJ says
June 3 : Meta has repeatedly pushed back plans to release its new Muse Spark AI model API to developers, and as of Tuesday, had no scheduled launch date, the Wall Street Journal reported, citing people familiar with the matter. A Meta spokesperson told Reuters on Wednesday that the company is already testing
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Indonesia passes sweeping bill expanding central bank role to spur growth
JAKARTA, June 4 : Indonesia’s parliament on Thursday passed sweeping legislation that places further emphasis on Bank Indonesia supporting economic growth, while empowering lawmakers to evaluate independent financial regulators and the central bank.Parliament passed the bill by acclamation, with support from
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FIFA bans reusable bottles at World Cup venues citing safety concerns
June 4 : Attendees of the World Cup will not be allowed to carry reusable water bottles into venues due to safety concerns, FIFA said on Thursday, following a last-minute change to its Stadium Code of Conduct.The governing body, which had earlier permitted empty, transparent, reusable plastic bottles inside s
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Konate opens up on depression after deaths of Jota and father
June 4 : France defender Ibrahima Konate said on Wednesday he battled depression following the deaths of Liverpool teammate Diogo Jota and his father while continuing to fulfil his football duties.Portugal forward Jota and his brother Andre Silva died in a car crash last July, while Konate’s father, Hamady, p
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Dollar clings to 2-month high as Gulf hostilities flare, yen wobbles near intervention zone
HONG KONG, June 4 : The dollar clung to its recent strength near a two-month high on Thursday as fresh Gulf hostilities sent oil prices higher and sapped risk appetite, while the Japanese yen hovered near the key 160 level that kept traders on intervention alert. Iranian attacks on Kuwait damaged its airport
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NBA-NBA Europe on schedule for 2027 launch, Silver says
June 3 : NBA Commissioner Adam Silver said the league remains on schedule to launch NBA Europe in October 2027, with final bids for permanent franchises due by the end of June and awards expected as soon as autumn.The league has seen record interest in the proposed competition and the NBA is working closely w
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Honeywell’s Quantinuum raises $1.68 billion in US IPO as quantum computing heats up
June 3 : Honeywell’s Quantinuum said on Wednesday it has raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, as investors flocked to one of the market’s fast-growing emerging technology sectors.Broomfield, Colorado-based Quantinuum sold 28 million shares in the offerin
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South Korea finance minister vows response to financial market volatility
SEOUL, June 4 : South Korea’s finance minister said on Thursday authorities would closely monitor risks around domestic stock, bond and foreign exchange markets and take measures to curb excessive volatility.”Minister Koo Yun-cheol emphasised he will immediately take necessary measures to respond to excessive
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