The European Central Bank will decide on Thursday whether to continue fighting inflation by raising its benchmark interest rate to a record high or taking a break as the economy deteriorates. The central bank of the 20 nations that make… Read More ›
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G20 Commits To Triple Renewable Energy Capacity But Refrains From Naming Major Objectives
The G20 leaders pledged to work towards tripling the world’s renewable energy capacity by 2030 and acknowledged the need to continue phase-down of coal power, but they refrained from establishing significant climate goals. The 20 largest economies in the world… Read More ›
Israeli Scientists Create Model Of Human Embryo Without Eggs Or Sperm
Without utilising sperm, eggs, or a womb, Israeli researchers were able to construct a model of a human embryo from stem cells, providing a rare look into the early phases of embryonic development. According to the scientists at Israel’s Weizmann… Read More ›
Threat From Huawei, And Anxiety Over Chinese Policies Bring Down Shares Of Apple Suppliers
A sell-off in international IT stocks on Friday was exacerbated by China’s expanding restrictions on iPhone usage by government employees, feeding concerns that Apple and its suppliers would suffer as a result of escalating Sino-U.S. tensions and growing Huawei rivalry…. Read More ›
China’s Trade Slump Lessens As Indications Of Stability Appear
Although the decreases were milder than anticipated, China’s exports and imports continued to shrink in August due to the dual pressures of weak domestic consumer spending and declining global demand. The trade figures come after a string of other signs… Read More ›
US Economic Growth Was Moderate Recently, According To A Fed Study
A US Federal Reserve report released on Wednesday revealed that U.S. economic growth was moderate in July and August despite a cooling labour market and easing inflation pressures, which supported views that the central bank was finished raising interest rates or… Read More ›
Under EU Tech Regulations, Big Tech’s Basic Businesses Will Need To Change
In its most recent onslaught on Big Tech, the EU Commission on Wednesday named 22 services from six major tech corporations as “gatekeepers” of online services offering messaging to video sharing. Alphabet, Amazon, Apple, Meta, Microsoft, and ByteDance, owner of… Read More ›
Chip Giant Arm Holdings Targets A Market Value Of More Than $50 Billion
In its first share sale to the general public since 2016, UK-based chip designer Arm hopes to achieve a market value of over $50 billion. The business, which creates semiconductors for gadgets like cellphones and gaming consoles, is aiming to… Read More ›
The US Restricts The Export Of AI Chips From Nvidia And AMD To Select Middle Eastern Nations
The United States increased its ban on the export of high-end Nvidia and Advanced Micro Devices (AMD) artificial intelligence chips outside of China to other regions, including some Middle Eastern nations. The limits, which affect Nvidia’s A100 and H100 processors… Read More ›
Uber Launches Its First Electric Bike Fleet In Africa In Kenya
Uber, a ride-hailing company, launched its first electric motorbike service in Africa on Thursday in Kenya as part of its effort to make its worldwide platform emissions-free by 2040. According to Kagiso Khaole, Uber’s general manager for sub-Saharan Africa, the… Read More ›
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