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BERLIN :Deutsche Telekom, Ionos and the Schwarz Group’s IT subsidiary will submit competing applications to the EU for an AI gigafactory after the German firms could not agree on a common concept, the Tagesspiegel newspaper reported Thursday.Software giant SAP will not participate, according to the newspaper.The German applicants could still join forces during the selection process for the data centres planned by the European Union, it said in the report. (Writing by Miranda Murray, Editing by Friederike Heine)

The city’s de-facto central bank has made the comments in response to the US Federal Reserve’s overnight decision to keep rates unchangedPublished Thu, Jun 19, 2025 · 02:13 PM[HONG KONG] The Hong Kong Monetary Authority (HKMA) said on Thursday (Jun 19) the outlook for the direction of the Hong Kong dollar and for interbank rates remains uncertain due to carry trades and other factors.The city’s de-facto central bank made the comments in response to the US Federal Reserve’s overnight decision to keep rates unchanged. “If carry trades are to persist, the Hong Kong dollar exchange rate may weaken further, and may…

👉Listen to Politics at Sam and Anne’s on your podcast app👈 On this episode – what advice is Sir Keir Starmer getting over Britain’s potential involvement in the Iran-Israel conflict?There are reports the Attorney General’s legal advice to the PM is to limit what it does to protect its allies from attack – Sky News’ Sam Coates and Politico’s Anne McElvoy discuss the implications of that.Plus, we hear Foreign Secretary David Lammy will get a meeting with his Iranian counterpart as part of a diplomatic push to prevent war. Foreign ministers from Germany and France will also join the talks…

Published Thu, Jun 19, 2025 · 09:50 AMAUSTRALIA’S competition watchdog said on Thursday that the National Australia Bank had paid a fine of A$751,200 (S$629,000) over alleged breaches of consumer data right rules due to failures to disclose credit limit data.The penalty, which is the highest ever for alleged breaches of Consumer Data Right (CDR) rules, was issued after the Australian Competition and Consumer Commission (ACCC) issued the lender four infringement notices.The notices relate to alleged failures to accurately disclose credit limit data in four separate requests from different CDR providers on behalf of consumers.The CDR is an economy-wide data…

[SEOUL] South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia.Low-cost carriers have proliferated in Asia in the past two decades as disposable incomes rise, supported by robust travel demand from Chinese tourists. Demand for air travel in Asia is expected to grow faster than in other regions in the next few decades, and carriers such as Vietnam’s VietJet Aviation and Malaysia-headquartered AirAsia are to buy more planes to add to their already large order books as they seek to gain…

LONDON — Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food prices, particularly chocolate, official figures showed Wednesday.The Office of National Statistics said consumer prices rose by 3.4% in the year to May, down from 3.5% the previous month. That means inflation remains substantially above the Bank of England’s target rate of 2%. The bank’s rate-setting Monetary Policy Committee is due to announce its latest interest rate decision on Thursday. Most economists expect the nine-member panel, which has cut borrowing rates on a quarterly basis since…

Dame Judi Dench, Malala and Stanley Tucci are among another 100 famous names who’ve added their signatures to a letter urging Sir Keir Starmer to “end the UK’s complicity” in Gaza.Sky News can exclusively reveal the Bond actress, Nobel Peace Prize winner and Conclave actor are among a host of public figures who’ve added their names to the letter. At the end of May, Sky News revealed about 300 actors, bands, singers, activists and sportspeople signed the letter, organised by refugee charity Choose Love, calling on Sir Keir to suspend all UK arms sales and licences to Israel.Dua Lipa, Benedict…

Alexi Lalas Soccer Analyst The 2025 Concacaf Gold Cup is underway on FOX, which means my power rankings are back in action.As I like to say, these are my power rankings. You may agree, you may disagree — it doesn’t matter, these are mine. Get your own power rankings!As we go through the tournament, day after day, they might change, but these are my power rankings as we sit today:Odds to win: +10000 (bet $10 to win $1,010 total)I loved them last night. I love the environment, I love the performance on the field. Costa Rica could have slid in…

HONG KONG, June 19, 2025 /PRNewswire/ — Immuno Cure BioTech (“Immuno Cure”), a clinical-stage biotechnology group based in Hong Kong Science Park, is pleased to announce its upcoming collaboration with PharmaJet® to evaluate the safety and immunogenicity of HIV therapeutic DNA vaccine, ICVAX, delivered via PharmaJet’s innovative Tropis® needle-free injection system in a clinical study. On June 16, 2025, Immuno Cure and PharmaJet held a material transfer agreement (“MTA”) signing ceremony at the BIO 2025 International Convention in Boston, USA to commemorate such collaboration. From left to right: Mr. Derek CHIM, Head…

The South-east Asian nation is seeking to reduce the American tariffs to below 10% for sectors critical to both economiesPublished Thu, Jun 19, 2025 · 01:53 PM[KUALA LUMPUR] Prime Minister Anwar Ibrahim said that Malaysia’s negotiations with the US to lower its tariffs on the South-east Asian nation have been going well.Anwar said he received a message earlier on Thursday (Jun 19) from Malaysia’s Investment, Trade and Industry Minister Zafrul Aziz and Second Finance Minister Amir Hamzah Azizan saying that the meetings with the US Secretary of Commerce “have been excellent”. “Our ministers are there in Washington DC to bring up…