Tag: fast
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Oil heads for weekly gain as Middle East supply risks persist
NEW DELHI, July 10 : Oil prices rose on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed fighting between the U.S. and Iran this week curtailed shipping in the Strait of Hormuz.Brent futures were up 19 cents, or
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SK Hynix advisors win big fee windfall after modest SpaceX payday
July 10 : Global investment banks and brokerages leading SK Hynix’s mega share sale earned nearly $260 million in fees, a boost for the industry which took in a relatively modest $500 million from SpaceX’s record share sale last month.The fees equate to about 0.97 per cent of the total amount raised, SK Hynix
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Two lorries towed for not complying with speed limiter requirements after Jul 1 deadline
The police said 1.1 per cent of lorries subjected to the deadline have not submitted records of their speed limiter installation.
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Underdogs Belgium will give Spain a run for their money, says coach
LOS ANGELES, July 9 : Belgium are embracing their underdog status ahead of Friday’s World Cup quarter-final against Spain, with coach Rudi Garcia confident they have the attacking quality and belief to upset the European champions.Spain entered the tournament as one of the favourites and after a slow start fo
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Tencent in talks to become AI start-up Manus’ largest shareholder, FT reports
July 9 : Tencent is in talks to become Manus’ largest shareholder as investors seek alternatives after Beijing ordered Meta to unwind its $2 billion acquisition of the AI start-up, the Financial Times reported on Thursday, citing two sources.
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Japan’s wholesale inflation hits 3-year high as fuel costs, weak yen bite
TOKYO, July 10 : Japan’s wholesale inflation accelerated in June at the fastest pace in more than three years as firms aggressively passed on rising costs from the Middle East conflict, data showed on Friday, bolstering the case for further interest rate hikes.The data came in the wake of a Bank of Japan repo
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Japan will explore ways to encourage GPIF to boost domestic investment, minister says
(Corrects date to Friday, not Thursday, in first paragraph)By Makiko Yamazaki and Leika KiharaTOKYO, July 10 : Japanese Finance Minister Satsuki Katayama said on Friday the government wants to explore ways to encourage pension funds, including the Government Pension Investment Fund (GPIF), to increase
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Argentina, Australia, England seek first Nations Championship wins
July 10 : Argentina, Australia and England are all looking for their first wins in the new Nations Championship this Saturday after defeat on the opening weekend, while Scotland will be hoping for a breakthrough triumph.The competition awards points for each game, culminating in a November final at Twickenham
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Fast Retailing shares slide in Tokyo after Uniqlo operator’s results, yen warning
TOKYO, July 10 : Shares in the Japanese owner of clothing brand Uniqlo slid sharply on Friday after the company raised its profit forecast but warned about the impact of the weak yen.Fast Retailing slid as much as 5.1 per cent in early Tokyo trading. After the bell on Thursday, the company announced it was…
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OpenAI’s AGI deployment chief Fidji Simo to step down after medical leave
July 9 : OpenAI’s CEO of AGI deployment Fidji Simo said on Thursday she will step down from her full-time role and pivot to a part-time advisory position at the ChatGPT maker, following an extended medical leave for a neuroimmune condition.”Three months ago, I had to go on medical leave after a severe exacerb
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