Tag: fast
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FIFA plans minority stake sale through new $20 billion entity, UEFA not happy
July 28 : FIFA plans to create a new commercial subsidiary valued at $20 billion, world soccer’s governing body said on Tuesday, as it seeks backing from its 211 member associations for the proposal in a move already criticised by UEFA.The ambitious plan would see FIFA establish FIFA Forward Enterprise (FFE),
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Bitcoin miner and AI firm Ionic Digital valued at $2.25 billion in Nasdaq debut
July 28 : Ionic Digital, a bitcoin miner and AI infrastructure provider, secured a valuation of about $2.25 billion after its shares fell in the Nasdaq debut on Tuesday.Shares of the company, which went public through direct listing, opened at $50 apiece, down nearly 5.7 per cent from a reference price of $53
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Shein’s US operations under FTC scrutiny
July 28 : Shein’s U.S. operations are under investigation by the U.S. Federal Trade Commission, the fast-fashion e-commerce platform disclosed in connection with its Hong Kong IPO. The FTC probe relates to Shein’s U.S. business operations, the company said in documents published by Hong Kong’s stock exchange
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Rogers, Prime Video sign 12-year NHL deal for Canada
July 28 : Rogers Communications and Amazon.com’s Prime Video on Monday signed a 12-year sublicensing agreement granting the streaming platform exclusive rights to broadcast Wednesday night national NHL games in Canada beginning with the 2026-27 season.The deal also grants Prime Video exclusive rights to selec
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Cucurella gets tattoo of Spain coach to honour World Cup promise
July 28 : Spain defender Marc Cucurella proved he was a man of his word when he made good his promise of getting a tattoo of his national team coach Luis de la Fuente’s face.The 28-year-old had said he would tattoo the coach’s face on his body if Spain lifted the World Cup. After Spain…
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BIS says AI boom risks clouding central banks’ inflation signals
LONDON, July 28 : The artificial intelligence boom could make it significantly harder for central banks to judge the state of the economy and set interest rates, as the technology simultaneously boosts both demand and supply, the Bank for International Settlements said on Tuesday. In a bulletin on the econom
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ASMI lifts 2027 outlook, forecasts third-quarter revenue above estimates
July 28 : ASM International on Tuesday forecast third-quarter revenue above market expectations and upgraded its 2027 sales outlook, buoyed by continued demand from customers investing in artificial intelligence infrastructure. The Dutch semiconductor equipment maker expects third-quarter revenue of about 1.1
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Oil prices fall 5% to two-week low on hopes for US-Iran conflict easing
July 28 : Oil prices dropped 5 per cent on Tuesday to a two-week low, on cautious hopes for a resolution to the Iran war as traders assessed developments in the Middle East.Brent futures fell $4.61, or 5.2 per cent, to $83.75 a barrel at 12:01 p.m. EDT (1601 GMT). U.S. West Texas Intermediate (WTI)…
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Celtic sign Denmark forward Hogh on a four-year deal
July 28 : Celtic have signed Denmark forward Kasper Hogh on a four-year deal, with an option for a further year, the Scottish champions said on Tuesday.Hogh, 25, joins from Bodo/Glimt for a reported club-record fee of 11 million pounds ($14.64 million) as per British media reports.He scored 54 goals i
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FIFA mulls stake sale through new $20 billion entity, UEFA not happy
July 28 : FIFA plans to create a new commercial subsidiary valued at $20 billion, world soccer’s governing body said on Tuesday, as it seeks backing from its 211 member associations for the proposal in a move already criticised by UEFA.The ambitious plan would see FIFA establish FIFA Forward Enterprise (FFE),
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