Tag: fast
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Serena’s return puts familiar force at centre of Wimbledon
LONDON, June 23 : For a few days, the recipient of the final Wimbledon women’s singles wildcard was unknown, but in reality it was always destined for American great Serena Williams.Once the 44-year-old let it be known she wanted to return to the Centre Court she once owned, it was a no-brainer for the All…
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Dollar rises to one-year high on Fed hike bets; yen hovers near 40-year low
LONDON, June 23 : The U.S. dollar rose to its highest level in more than a year on Tuesday as traders positioned for a more hawkish Federal Reserve despite oil prices inching lower on ebbing Gulf tensions, while the yen strengthened after flirting with a four-decade low.Fed funds futures are pricing in more t
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Speed skating moves to Netherlands, Lyon to host ice sports in 2030 Winter Games
June 23 : Speed skating is set for a move to the Netherlands in the 2030 Winter Olympics, after the IOC’s executive board approved a venue plan for the Games to be hosted in the French Alps, with several ice sports also moving from Nice to Lyon.• The Thialf ice arena in Heerenveen, the Netherlands,…
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SoFi deepens AI-powered trading ambitions with Composer deal
June 23 : Financial services firm SoFi said on Tuesday it has bought Composer, an AI startup that helps retail investors build and execute sophisticated trading strategies that have long been the preserve of Wall Street firms.While commission-free trading has made it easier for individual investors to buy and
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Formula E to introduce ‘unleashed’ format for new era
LONDON, June 23 : All-electric Formula E will adopt a new format for its coming 2026-27 Gen 4 era with its own “ePrix unleashed” version of the shorter-distance sprint races that have proved popular in Formula One and MotoGP.The Liberty Global-owned championship will also add new circuits familiar to F1 fans,
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Fed hike could push yen to 165 per dollar, ex-BOJ policymaker says
BENGALURU, June 23 – The Japanese yen could weaken to 165 per dollar if the Federal Reserve raises interest rates this year, former Bank of Japan policymaker Sayuri Shirai said on Tuesday, as wide U.S.-Japan rate differentials and doubts about Tokyo’s appetite for intervention maintain pressure on the currency.
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F1 to have extra test day from 2027, engine tweaks approved
June 23 : Formula One teams will be allowed an extra day of pre-season testing from next year while agreed engine tweaks have now been formally approved, the sport’s governing body said on Tuesday.The current allocation of three days of testing has been increased to four due to the complexity of the cars, the
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EU to ramp up Meta probe into addictive design, Bloomberg News reports
June 23 : The European Commission is set to escalate a probe into Meta Platforms that alleges its social media offerings are designed to be addictive to children, Bloomberg News reported on Tuesday, citing people familiar with the matter.The Instagram parent has been under fire over concerns about the impact
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Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
June 23 : The Nasdaq 100 index was on pace to erase more than $1 trillion in market value on Tuesday as technology heavyweights and chip stocks tumbled, while Elon Musk’s SpaceX dropped below $2 trillion in market cap for the first time since its U.S. debut.SpaceX, which is expected to join the Nasdaq 100,…
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ECB secures key parliamentary backing for digital euro
FRANKFURT, June 23 : The European Central Bank secured key parliamentary backing on Tuesday for the launch of a digital euro, an electronic means of payments aimed at making the euro zone less reliant on U.S. credit cards at a time of fraying transatlantic relationships.The digital euro, essentially an electr
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