Tag: fast
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Newcastle sign Monaco’s Bamba on five-year deal
July 24 : Newcastle United have signed midfielder Aladji Bamba on a five-year deal from French side AS Monaco, the Premier League club said on Friday.• The club will pay an initial fee of £30 million ($39.95 million), plus add-ons, for the 20-year-old, according to British media reports.• A produc
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Hong Kong adjusts rules for leveraged and inverse ETFs as trading boom fuels volatility
HONG KONG, July 24 : Hong Kong’s securities regulator moved on Friday to smooth volatility in the booming market for leveraged and inverse exchange-traded products by giving issuers more flexibility to adjust the leverage factor during turbulent trading while requiring clearer daily disclosure for investors.
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Verizon lifts annual forecasts as new mobile plans spur subscriber gains
July 24 : Verizon raised its annual forecast for adjusted profit and free cash flow, as the network provider’s latest unlimited 5G plans and rewards programs helped it add more wireless subscribers than expected in the June quarter. Shares of the company were up 3 per cent in premarket trading on Friday.
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World stocks head for weekly fall, yields at multi-decade highs as oil fuels inflation fears
July 24 : World stocks were headed for a weekly loss and long-dated bond yields hovered around multi-decade highs on Friday, as a near-40 per cent rise in oil prices this month due to the intensifying conflict in the Middle East ignited inflation fears and expectations for rate hikes around the globe.MSCI’s a
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Japan identifies large share of rare earths in deep-sea mud off remote island
TOKYO, July 24 : An analysis of rare earth-rich mud retrieved from the deep seabed off a remote Pacific Island earlier this year found medium and heavy rare earth elements accounted for about 54 per cent of the total rare earth content, Japan’s government said on Friday.But it did not disclose the size of the
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Indian court says OpenAI did not violate news agency ANI’s copyright
BENGALURU, July 24 : An Indian court said on Friday that OpenAI’s use of news agency ANI’s content to train its ChatGPT service did not amount to copyright infringement.The remarks are the first substantive court finding in India on whether AI companies can train large language models on copyrighted news cont
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Klopp to become Germany soccer coach, DFB says
July 24 : Germany have appointed former Liverpool and Borussia Dortmund boss Juergen Klopp as head coach on a four-year contract, the German Football Association (DFB) said on Friday.The decision follows the departure of former head coach Julian Nagelsmann as the four-time World Cup winners look to rebuild af
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TikTok charged with breaching EU tech rules on online safety for kids, EU says
BRUSSELS, July 24 : ByteDance’s social media platform TikTok has been charged with breaching EU online content rules due to design features which could expose children to predators or cyberbullying, EU regulators said on Friday, putting the company at risk of a hefty fine.The charges, called preliminary findi
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Oil prices head for weekly rise on Middle East escalation
LONDON, July 24 : Oil futures prices retreated on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran. Brent futures fell $1.82, or 1.81 per cent, to $98.87 a barrel at 0747 GMT,…
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India’s HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hub
July 24 : India’s HCLTech said on Friday it would invest 142.57 billion rupees ($1.48 billion) to set up its first AI data center in the eastern state of Odisha in partnership with homegrown startup Sarvam AI.India’s IT services firms are entering the data center business to capitalise on demand from AI and
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