Tag: fast
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One taken to hospital after fire at MacPherson HDB flat
The person was found unresponsive in the living room of a ninth-floor unit at Block 39 Circuit Road, the Singapore Civil Defence Force said.
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South Korea may cap leveraged ETF investments for retail investors, media reports say
SEOUL, July 28 : South Korea’s top financial regulator said on Tuesday that authorities would consider a cap on single-stock leveraged exchange-traded funds (ETF) investments for retail investors if needed, local media reports said. Lee Eog-weon, chairman of the Financial Services Commission, told a meeting w
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Johnson & Johnson announces US$5.5 billion settlement of talc lawsuits
NEW YORK: Johnson & Johnson said on Monday (Jul 27) it would pay US$5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and other talc products cause ovarian cancer, in a landmark settlement aimed at closing a chapter of contentious litigation that has dogged the company for years.
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Dollar hits one-month high on lingering chances of Fed hike
TOKYO, July 28 : The U.S. dollar held at a one-month high on Tuesday as traders weighed a slim but lingering chance of a rate hike at the Federal Reserve’s upcoming meeting, even as falling oil prices eased some concerns over inflation.The dollar index, which measures the greenback against a basket of currenc
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FAA says seats on hundreds of Boeing 737 MAX jets were incorrectly installed
SEATTLE: The US Federal Aviation Administration said on Monday (Jul 27) that seats on hundreds of Boeing 737 MAX jets registered in the US were incorrectly installed and need to be fixed.If not, the seats could injure passengers and crew members during an emergency landing or block the aisle and
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Oil prices fall 1% as investors weigh pause in US strikes on Iran
July 28 : Oil prices fell 1 per cent on Tuesday as market participants continued to weigh a pause in U.S. strikes on Iran, which has raised hope of a diplomatic solution to their conflict and the normalisation of Middle East energy flows.Brent crude futures were down $0.54, or 0.6 per cent, at $87.82 by…
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Meta disregarded its own research on teen harm, Tennessee tells jury
July 27 : Attorneys for the state of Tennessee told a jury in Nashville on Monday that Meta Platforms’ leadership disregarded internal research about its Instagram platform’s impact on teenagers as the company sought to maximize profit from young users.During opening statements in a seven-week trial in state
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OpenAI’s Sam Altman, Nvidia’s Huang to meet with Senate Intelligence Committee’s top Democrat
WASHINGTON, July 27 : OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang will meet with U.S. Senator Mark Warner in Washington this week, a spokesperson for the Democratic lawmaker said on Monday, following OpenAI’s disclosure that one of its AI systems had gone rogue during testing.Last week, OpenAI disclo
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Pentagon says US industry still years from matching Ukraine’s wartime drone output
(Corrects to add “drone” to headline)By Mike StoneWASHINGTON, July 27 : The Pentagon official tasked with building a domestic drone industry said on Monday the United States is still in the earliest, hardest phase of that effort, acknowledging output remains a fraction of Ukraine’s production even as
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Cadence raises annual forecasts as demand booms for AI chip design
July 27 : Cadence Design Systems raised its annual revenue and profit forecasts on Monday, banking on robust demand for its AI-powered chip and system design software.Shares of the company rose more than 5 per cent in extended trading.The company’s electronic design automation (EDA) tools are used to d
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