As SoftBank Group beats Toyota to become Japan’s most valuable company after more than 20 years; founder Masayoshi Son can thank Sam Altman

Sam Altman, CEO, OpenAI and Masayoshi Son, CEO, SoftBank Sam Altman, CEO, OpenAI and Masayoshi Son, CEO, SoftBank Sam Altman, CEO, OpenAI and Masayoshi Son, CEO, SoftBank Tech investing giant SoftBank Group has dethroned Toyota to become Japan’s most valuable company, ending Toyota’s over 20-year streak at the top of the Japanese market, signaling a…

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Oil prices today: Crude falls as Hezbollah rejects US-backed ceasefire, traders assess conflict risks

Oil prices fell slightly on Friday as hopes for a ceasefire in the Middle East faded following Hezbollah’s rejection of a US-backed proposal in Lebanon.Brent crude slipped 0.22% to $95.24 a barrel, while US West Texas Intermediate (WTI) crude fell 0.11% to $92.94 a barrel in early trade.Despite Friday’s decline, both benchmark contracts were on…

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US immigration authority and ICE claim OPT visa fraud involving thousands of foreign students: Empty offices, locked buildings and …

US Immigration and Customs Enforcement (ICE) and United States Citizenship and Immigration Services (USCIS) have reported widespread fraud in the Optional Practical Training (OPT) visa program involving thousands of foreign students and suspected employers across the United States. Speaking at a press conference, Acting ICE Director Todd Lyons said investigators found empty offices, locked buildings,…

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OPEC+ raises crude oil’s June output quotas, group signals continuity after UAE exit

Saudi Arabia, Russia and five other OPEC+ countries on Sunday increased their oil production quota in a move seen as reinforcing continuity within the producers’ alliance after the United Arab Emirates’ shock withdrawal, AFP reported.The seven major producers will add “188,000 barrels per day” to their combined production quota for June, according to a statement…

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