Tag: news
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Analysis:Britain’s Paramount-Warner review may be aimed at commitments, not a veto
LONDON, July 2 : Britain’s threat to intervene in the $110 billion Paramount-Warner deal could be less about blocking the transaction than extracting commitments on UK news, children’s TV and investment, with the cost of any delay increasing the government’s leverage.Culture minister Lisa Nandy said on Tuesda
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South Korea’s currency chief says in talks with Japan, allies
SEOUL, July 2 : South Korea’s vice finance chief on Thursday said Seoul is closely communicating with Japan and other key allies on foreign exchange issues, and warned that the won has become significantly misaligned relative to economic fundamentals.”We are always working closely with Japan and other relevan
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Toyota US second-quarter sales up 1%
July 1 : Japan’s Toyota reported a 1.1 per cent rise in U.S. sales during the second quarter, helped by demand from its hybrid models and affordable cars. The automaker reported sales of 673,971 units, compared with 666,469 units a year ago.
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Meta building cloud business to sell excess AI capacity, Bloomberg News reports
July 1 : Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday, as tech giants seek returns on costly AI investments amid worries about overspending.The plans are still in development and it’s possible the strategy could change, the report sai
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Meta to sell excess AI computing capacity via cloud business, Bloomberg News reports
July 1 : Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported on Wednesday citing people familiar with the matter.Shares of the company were up more than 6 per cent in premarket trading. Reuters could not independently verify the report.
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Japan FX diplomat says intervention effective, US ‘supportive’, Bloomberg News reports
TOKYO, July 1 : Japan’s top currency diplomat said the country’s intervention in the currency market two months ago to support the yen had been effective, and that some U.S. officials had been “supportive” of the move, Bloomberg News reported on Wednesday.”Judging from how the market moved afterward, I think
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Ramos joins AC Milan on five-year deal
June 30 : Portugal forward Goncalo Ramos has joined AC Milan from Paris St Germain on a deal running until June 2031, the Serie A club said on Tuesday.Milan paid more than €70 million ($80 million) for the striker, making the club’s most expensive player, Italian media said.Ramos is the first major s
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Gakpo shows there are much more important matters in life than football
MONTERREY, Mexico, June 29 : The outpouring of emotion from Cody Gakpo after he scored for the Netherlands against Morocco at the World Cup on Monday showed that while the tournament captivates billions around the world, the game does not transcend personal tragedy.Gakpo and his partner Noa van der Bij lost t
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Germany: At least 6 killed in shooting in Stade
Several people are reported dead following gunfire in the northern German city of Stade. Authorities arrested two suspects and said the shooting appeared to be an “extended family tragedy.”
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Dutch rally around Gakpo after loss of unborn son
MONTERREY, Mexico, June 29 : Netherlands have rallied around striker Cody Gakpo after he and his partner lost their unborn son during pregnancy with coach Ronald Koeman and captain Virgil van Dijk hailing the couple’s fortitude.Gakpo’s partner Noa van der Bij posted about the loss on social media on Saturda
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