Swiss National Bank sold FX worth $150b to support the franc against imported inflation.
The Swiss National Bank announced on Tuesday that it had sold foreign currency in 2023 for a total of 132.9 billion Swiss francs ($149.51 billion),
Google invested over $1 billion in Africa in the last 5 years.
Google announced on Wednesday that it had surpassed a five-year goal of investing $1 billion in Africa, as it made public projects on infrastructure and
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
Apple intends to build Google’s Gemini AI engine into the iPhone.
Apple is in negotiations to integrate Google’s Gemini artificial intelligence engine inside the iPhone. The talks are about licensing Gemini for certain new capabilities that
Uber pays Australian cab drivers $178m to settle lawsuit for taking over their jobs.
Uber, a major global ridesharing company, has agreed to pay 272 million Australian dollars ($178 million) to resolve a long-standing lawsuit with taxi and hire
West and Central Africa is experiencing a worsening internet outage.
The internet observatory Netblocks said, citing information from operators of various subsea cable failures, that a significant internet outage struck West and Central Africa on
TikTok: ByteDance to divest or face ban as House vote is expected to pass.
Legislators are acting on fears that the ownership structure of the company poses a threat to national security, and on Wednesday they are poised to
As Argentina’s inflation soars above 250%, 60% of the population falls into poverty.
As inflation soars over 250%, Sandra Boluch, a fruit and vegetable vendor in Buenos Aires, is observing a concerning trend: declining sales and an increase
11 African nations are in crisis over billions of dollars in loans secured with natural resources. – ADB chief.
The head of the African Development Bank is demanding an end to loans made in exchange for the abundant oil and vital minerals found on
Elon Musk is releasing the Grok chatbot developed by xAI as open-source to fight OpenAI.
A few days after he sued OpenAI for forsaking its initial objective in favor of a for-profit model, Elon Musk announced Monday that his artificial
Nigeria is at its lowest point ever as reforms deepen the cost of living crisis.
Gratitude Joseph has been making enough money to feed her son and pay for his education by weaving purses, sandals, and jewelry. But since November,
Aramco expects a healthy global oil market in 2024 and plans to increase its investments in China.
Amid expanding and robust oil demand in China, Saudi Aramco’s chief executive, Amin Nasser, announced on Sunday that the oil giant was exploring other investment
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