The UK economy was dragged into recession by high inflation and interest rates.
For the first time since the coronavirus epidemic began, the British economy entered a recession at the end of 2023 as output declined more than
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Nigeria’s inflation rises to 29.90% year on year, driven by food inflation at 35.41% in January.
Nigeria’s annual inflation jumped to 29.90% in January from 28.92% in December, the Bureau of Statistics announced on Thursday. According to the statistics agency, increases
Green energy projects in Africa are hindered by IMF loan constraints.
Renewable energy investments in Africa are being hobbled by insufficient government loan guarantees, as the International Monetary Fund keeps a tight leash on country indebtedness,
Artificial intelligence may get dangerous due to “societal misalignments,” OpenAI CEO warns.
The CEO of OpenAI, the company that makes ChatGPT, stated on Tuesday that the risks associated with AI keep him up at night and are
Diamondback Energy to acquire Endeavour in a $26b deal will create a drilling giant and climate threat.
In a deal for over $26 billion in cash and stock, Diamondback Energy will acquire rival Endeavour Energy Resources to establish a drilling behemoth in
Google commits $26million to boost AI skills in Europe.
To assist Europeans in learning how to use artificial intelligence (AI), Google has committed 25 million euros ($26.98 million). On Monday, the IT behemoth said
California helicopter disaster claims the life of the CEO of a leading Nigerian bank and 5 others.
The CEO of one of the biggest banks in Nigeria, together with his wife and son, perished on Friday when the helicopter they were traveling
Nvidia diversifies into the $30 billion bespoke chip market with its new product.
Nvidia is building a new business unit dedicated to producing custom chips for cloud computing companies and others, including processing for sophisticated artificial intelligence (AI).
Nigeria’s central bank to punish entities involved in $2.4b fraudulent forex claims.
Olayemi Cardoso, the governor of Nigeria’s central bank, announced on Friday that organizations engaged in fraudulent foreign exchange transactions would face consequences. This came after
US to commit $5 billion for computer chip research and development.
On Friday, the Biden administration will declare that it has invested $5 billion in a public-private partnership to promote cutting-edge computer chip research and development.
Load More
