β½οΈ West African leaders approved plans for a Nigeria-Morocco gas pipeline aimed at transporting natural gas to Europe
Heads of the Economic Community of West African States signed an agreement in Sierra Leone that formally supports plans for the 6,800-kilometer (4,230 mile) conduit that will cost an estimated $25 billion and eventually link 13 nations on the continent.
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Heads of the Economic Community of West African States signed an agreement in Sierra Leone that formally supports plans for the 6,800-kilometer (4,230 mile) conduit that will cost an estimated $25 billion and eventually link 13 nations on the continent.
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The semiconductor, called Frozen v2, may be deployed as soon as 2028. The chip is separate from Googleβs tensor processing units, or TPUs, and would reduce the amount of data the chip has to move around, making it faster at responding to queries.
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Brazilβs securities regulator, the ComissΓ£o de Valores MobiliΓ‘rios (CVM) said it created a working group to draft an experimental framework for tokenized securities. The regulator said the framework will cover the registration, custody, trading and settlement of securities using distributed ledger technology.
The new review will focus on what happens around the asset.
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π Starlink is being built directly into a new fleet of 26 high-speed trains
Italo, Italy's high-speed rail operator, has ordered 26 Siemens Velaro trains to break into the German market. The deal runs about 3 billion euros and includes 30 years of maintenance, with an option for 14 more trains.
The new trains are built with Starlink antennas from the factory, giving passengers satellite internet instead of patchy trackside signal. Italo is also fitting Starlink across its existing Italian fleet, with the rollout finishing in 2027.
In year-long testing at 300 km/h the system held speeds above 400 Mbps. CEO Gianbattista La Rocca calls Italo "the first major high-speed rail company in the world" to go this route. German service starts mid-2028 on two routes, Munich to Dortmund and Munich to Hamburg, reaching 18 cities.
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Italo, Italy's high-speed rail operator, has ordered 26 Siemens Velaro trains to break into the German market. The deal runs about 3 billion euros and includes 30 years of maintenance, with an option for 14 more trains.
The new trains are built with Starlink antennas from the factory, giving passengers satellite internet instead of patchy trackside signal. Italo is also fitting Starlink across its existing Italian fleet, with the rollout finishing in 2027.
In year-long testing at 300 km/h the system held speeds above 400 Mbps. CEO Gianbattista La Rocca calls Italo "the first major high-speed rail company in the world" to go this route. German service starts mid-2028 on two routes, Munich to Dortmund and Munich to Hamburg, reaching 18 cities.
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#Stellar
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Philippine Airlines plans to place its first order for Boeing Co. aircraft in almost two decades, with the airline agreeing to purchase as many as 20 787-10 Dreamliners. The Southeast Asian carrier announced the deal at the UK Farnborough International Airshow β one of the industryβs marquee events. The aircraft will be delivered from 2031.
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The administration took three actions using Section 338 of Tariff Act of 1930, a law never before used to impose tariffs, but which the administration says allows it to respond to discriminatory treatment of U.S. products.
The items subject to the new tariff include milk and cream, hockey equipment and alcohol β but not major resource imports including energy, potash, fish and critical minerals. Goods covered by separate duties on industries, including autos and steel, will also be spared.
βWhile the Administration continues to secure fair and reciprocal trade deals with our trading partners, Canada, unlike other partners and allies, continues to retaliate against the United States for its efforts to rebalance trade and protect U.S. industry in national-security sensitive sectors,β β USTR Jamieson Greer said.
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The second phase of BOK's CBDC program is scheduled for September with real-transaction testing.
"The Bank of Korea will provide the infrastructure for the institutional CBDC, and each bank will conduct its own business using deposit tokens," a BOK official told YNA. "From the second phase, we will lay the groundwork for commercialization."
"The goal is to create an environment where the won can be traded freely regardless of time or place," Yonhap quoted the government as saying.
The South Korean Ministry of Economy and Finance announced plans to update its seven-decade-old national asset law to classify cryptocurrencies as national assets. That announcement builds on the countryβs broader push to bring blockchain into public finance.
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The order creates a new cross-agency council chaired by Nigeriaβs central bank to coordinate oversight of digital assets, streamline supervision between regulators, and crack down on fraud and unregistered operators.
This is Nigeriaβs most significant step yet toward formalizing Africaβs largest crypto market and establishing a national roadmap aimed at attracting institutional investment.
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Bristol Myers Squibb is buying the latest-generation computing system from chip company Nvidia to support its use βof AI across its drug discovery and development operations. The drugmaker said βit will be the first life sciences company to buy an Nvidia DGX SuperPOD based on its Vera Rubin systems.
Pharmaceutical companies are increasingly investing βin AI infrastructure to try to identify drug targets faster and improve the odds that experimental drugs succeed in clinical trials. Robert Plenge, chief research officer at Bristol Myers, said the new capabilities βwould allow the company to cycle through many more potential drug candidates early βin the drug development cycle.
"Maybe before we could do 10 and now we can do dozens," βhe β said.
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The two-seat Cybercab has no steering wheel, no pedals and no side mirrors. Tesla started building it at Giga Texas earlier this year and plans to ramp output through 2026. A cutaway diagram shows where Starlink sits inside the car, next to a 5G LTE antenna, interior microphones, the FSD computer, an emergency stop and a full camera suite.
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President Donald Trump has agreed to ethics language β potentially moving the ball forward to getting cryptocurrency legislation passed into law. An agreement on the ethics provision had been reached by Monday evening after months of negotiations.
"We are now hearing Trump has agreed to an ethics provision," β the source said.
Lawmakers and the White House have spent much of the past year negotiating ethics provisions that would limit how presidents, vice presidents, members of Congress and other federal officials can profit from digital assets while in office. At the center of the dispute has been Trump's memecoins and his family's company, World Liberty Financial.
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Andy Burnham pledged fiscal discipline in his first cabinet meeting as UK prime minister, while repeating his promise to ease the cost of living for millions of voters.
βWeβve got to show that our commitment to the fiscal rules is real, and weβre prepared to make difficult decisions in relation to that,β β Burnham said, in televised coverage of the meeting.
Burnham removed value added tax from household electricity bills from Oct. 1, a move the government said would save families on average Β£45 ($61) a year.
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The legislation, officially known as Bill No. 1194918-8 or βOn Digital Currencies and Digital Rights,β treats cryptocurrencies such as Bitcoin as legal property. This classification provides holders with clearer legal protections in areas including bankruptcy proceedings, divorce settlements, and court disputes.
Once cleared there, it will reach President Vladimir Putinβs desk for final signature. Implementation of core provisions is anticipated around September 1, 2026, giving regulators time to finalize supporting rules.
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Health Assistant will help users achieve their health and wellness goals by connecting important health data with insights that empower them to ask questions about their health and gain access to rich, personalized health guidance and recommendations.
With a holistic understanding of a userβs health, Health Assistant will connect user health information from Samsung Healthβs five core pillars of wellness β sleep, activity, nutrition, mindfulness, and vitals β and transform this data into meaningful, actionable insights, while explaining how each variable impacts the others.
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Prime Minister Mark Carney said he and US President Donald Trump agreed to accelerate trade talks ahead of a potential US move to impose 50% tariffs on a range of Canadian goods next month.
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π΅π»ββοΈ UK Parliament begins inquiry into banking chokepoint for crypto businesses
U.K. politicians want to know the extent to which the countryβs banks have choked-off cryptocurrency firms by refusing them bank accounts and introducing restrictions on crypto-related payments in a cross-party inquiry kicked off on Tuesday.
βοΈ The Crypto and Digital Assets All-Party Parliamentary Group (APPG) is chaired by Ed Vaizey, a former Minister for the Digital Economy and a member of the House of Lords, and Gurinder Singh Josan, a Labour MP.
π Several major U.K. banks have introduced restrictions on crypto-related payments. As such, the inquiry will focus on a dearth of bank accounts for crypto businesses, including associated professional services such as insurance.
π The APPG will also look at restrictions placed by banks on crypto-related transactions, amid concerns that some of the banks have introduced measures such as blocking payments to certain crypto firms, or imposing transfer limits.
The APPG is inviting written evidence from across the banking, payments, fintech and crypto sectors over a six-week call for evidence before publishing a report setting out its findings and recommendations to the government.
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U.K. politicians want to know the extent to which the countryβs banks have choked-off cryptocurrency firms by refusing them bank accounts and introducing restrictions on crypto-related payments in a cross-party inquiry kicked off on Tuesday.
"Over a number of years, the APPG has heard consistent reports from crypto and digital asset businesses that they face difficulties accessing bank accounts and banking services, alongside concerns about restrictions on crypto-related transactions by banks,β β Vaizey said.
The APPG is inviting written evidence from across the banking, payments, fintech and crypto sectors over a six-week call for evidence before publishing a report setting out its findings and recommendations to the government.
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Telegram plans to bring a non-custodial crypto wallet to its roughly 1 billion users this summer, the company's CEO said Tuesday. Durov did not provide many details in his post, but did tease "instant zero-fee crypto transactions."
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President Donald Trump is poised to impose fresh levies on products from dozens of economies by Friday, a move to ensure his tariff regime remains intact even after stopgap 10% global duties lapse.
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