Microsoft Announces $2.2 Bn AI, Cloud Investment In Malaysia
Microsoft pledged a $2.2 billion investment in artificial intelligence and cloud computing in Malaysia on Thursday to help develop the country's AI infrastructure.
Yen Slips After Rallying On Suspected Intervention, Stocks Mixed
The yen weakened Thursday following another surge against the dollar that fuelled speculation Japanese authorities had intervened for a second time this week, after Federal Reserve boss Jerome Powell warned interest rates would stay higher for longer.
Colombian School, A Grim Reminder Of Atrocities Of Rubber Fever
A modest wooden school in the middle of the Colombian Amazon preserves the memory of atrocities perpetrated against Indigenous people by rubber industrialists more than a century ago.
BIWC Group: Unveiling the Shadows of corporate deception
In the cutthroat world of business, trust can often be elusive, and it can take a team of skilled professionals to expose deception and protect the innocent. This is where BIWC Group enters the stage; a business intelligence agency led by ex-Israeli special forces with a global network of contacts and an almost endless outreach.
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Pfizer Profits Drop On Lower Covid-19 Product Sales
Pfizer reported a drop in profits on lower sales of Covid-19 related profits Wednesday as it steers investments to other pharmaceutical areas and implements previously announced cost cuts.
Hong Kong Faces Uphill Battle To Lure Back Chinese Tourists
The Lo Wu arrival hall on Hong Kong's border used to throng with visitors during mainland China's "Golden Week", but as the five-day tourism bonanza kicked off on Wednesday, the queues there were modest.
Istanbul Police Clash With May Day Protesters
Turkish police on Wednesday fired tear gas and rubber bullets and detained dozens of protesters after authorities banned May 1 rallies at Istanbul's historic Taksim Square.
Red Bull Confirm Design Chief Newey To Leave F1 Team In 2025
Red Bull confirmed on Wednesday that celebrated chief technical officer Adrian Newey will leave the Formula One team in early 2025 after 19 years.
How AI Changes The Banking Industry
AI will redefine traditional banking, making it more efficient, secure, and innovative. AI-driven chatbots and virtual assistants will streamline the front office, personalize customer service, and improve banks' top and bottom lines, experts said.
Blinken Urges Hamas To Agree Gaza Truce As He Meets Israel Leaders
Top US diplomat Antony Blinken urged Hamas to accept a truce in the Gaza Strip on Wednesday, after Israeli Prime Minister Benjamin Netanyahu vowed to send troops into its far southern city of Rafah.
Donald Trump Gets $1.8 Billion Worth Of 'Earnout' Shares In Trump Media Group
Donald Trump has received an additional $1.8 billion worth of stock in Trump Media & Technology Group, the parent company of Truth Social, as part of a bonus referred to as "earnout" shares.
US Fed Likely To Keep Rates Steady As Hopes Of Early Cuts Fade
The US Federal Reserve is expected to hold interest rates steady for a sixth straight meeting Wednesday, with a summer start to cuts looking less likely owing to stubborn inflation.
Weak Yen Boosts Tourist Wallets In Japan
Foreign tourists are flocking to Japan in record numbers and thanks to a sliding yen many are living like kings, splashing out on everything from kimonos to knives and slap-up meals.
Starbucks Points To Weaker Consumer As Profit Falls
Starbucks reported lower profits on falling sales on Tuesday as the coffee giant pointed to weakening consumer sentiment and lackluster conditions in China as factors behind an earnings miss.
Minouche Shafik: From Renowned Economist To Embattled Columbia President
An esteemed economist, Minouche Shafik was thrilled to become president of one of America's most prestigious colleges.
Asian Markets Track Wall St Down Ahead Of Fed Decision
Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to hopes the Federal Reserve will cut interest rates this year.
Indonesia Volcano Eruption Shuts More Airports, Ash Reaches Malaysia
Eruptions at a remote Indonesian volcano forced more than half a dozen airports to close with ash spreading as far as Malaysia, officials said Wednesday, while authorities rushed to evacuate thousands due to tsunami fears.
Amazon Triples Quarterly Profit As Cloud Surges
E-commerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived.
Vienna Conference Urges Regulation Of AI Weapons
The world should establish a set of rules to regulate AI weapons while they're still in their infancy, a global conference said on Tuesday, calling the issue an "Oppenheimer moment" of the time.
Tesla To Cut Hundreds More Jobs In Musk Cost Push: Report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
Gaza Boycott Continues To Weigh On McDonald's Sales
McDonald's reported a modest increase in quarterly profits Tuesday despite a boycott stemming from the Middle East conflict expected to drag on sales for the foreseeable future.
Spanish PM Gets Back To Work After Weighing Resignation
Spanish Prime Minister Pedro Sanchez got back to work on Tuesday, a day after he announced he would stay on following days of weighing his future in response to a graft probe targeting his wife.
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