Tag: fast
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Oil prices fall to one-week low after US pauses attacks on Iran
NEW YORK/LONDON , July 27 : Oil prices fell to a one-week low on Monday after the United States abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz.Brent cru
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NBA-LeBron James to wear No. 23 as 76ers officially announce his signing
July 27 : LeBron James will wear No. 23 with the Philadelphia 76ers, the team said on Monday as they officially announced the signing of the NBA’s all-time leading scorer.The Sixers took to their social media channels to post a photo of James’ blue jersey hanging in a locker stall along with a crown as…
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English soccer plans trial to deter tactical goalkeeper injury stoppages
LONDON, July 27 : English soccer is poised to trial a new system next season aimed at stopping teams exploiting so-called tactical goalkeeper timeouts, sources within the industry said.The English Football League (EFL), English Premier League, National League and Women’s Super League are all expected to imple
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Dollar softer as oil slumps on pause in Middle East conflict
NEW YORK, July 27 : The dollar eased against major currencies on Monday as a pause in U.S. bombing in Iran sent oil prices lower and lifted risk appetite ahead of a busy week of central bank meetings.The euro rose 0.1 per cent to $1.1374, while the U.S. dollar slipped 0.1 per cent to 163.69…
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Amazon’s Leo proposes satellite constellation for direct-to-phone service
WASHINGTON, July 27 : Amazon’s Leo on Monday proposed a constellation of up to 5,105 satellites to provide direct-to-device voice and data connectivity, joining a growing race among satellite operators to beam cellular services directly to smartphones.The proposed network would provide voice, messaging, data
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Government engagement with AI creates more uncertainty for investors, Bridgewater CIOs warn
July 27 : The engagement of government with AI could potentially slow the adoption and progress of the technology and create more uncertainty for investors, Bridgewater’s co-chief investment officers said in a note to clients on Monday.Here are some more details:• Although regulation has a crucial ro
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NBCUniversal strikes a deal to offer Peacock to YouTube Premium subscribers
LOS ANGELES, July 27 : NBCUniversal and Google’s YouTube have reached a deal that will bring the Peacock streaming service to YouTube Premium subscribers in the U.S., and also extend its distribution agreement with YouTube TV.The deal marks Peacock’s largest wholesale distribution partnership, making its ori
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OpenAI’s Sam Altman to meet with Senate Intelligence Committee’s top Democrat
WASHINGTON, July 27 : OpenAI CEO Sam Altman will meet with Democratic Senator Mark Warner in Washington this week, Warner’s spokesperson said, in the wake of OpenAI’s disclosure that one of its AI systems had gone rogue during testing.Warner is the top Democrat on the Senate Intelligence Committee.
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Pakistan’s central bank holds key policy rate at 11.5%
KARACHI, July 27 : Pakistan’s central bank held its key policy rate at 11.50 per cent on Monday, the bank’s governor told reporters, as U.S.-Iran hostilities threaten to push up energy costs and inflation in the import-dependent country.The central bank decision comes weeks after the collapse of a ceasefire a
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Volkswagen in talks with Chinese partner on Spanish battery plant, trade outlet reports
BERLIN, July 27 : Volkswagen and its partner Gotion are in advanced talks about a possible stake for the Chinese company in the German carmaker’s battery plant in Valencia, Spanish trade publication La Tribuna de Automocion reported on Monday.The process has involved high-level visits from the Chinese battery
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