When David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive tool like ChatGPT, or go their own way. In starting the company, Ha has put down roots in Japan, which "has its problems" but remains "a leading democracy in Asia", he said.
The quest by Boeing's new CEO to revive the aviation giant's fortunes suffered a serious blow when striking machinists voted down the latest contract proposal, prolonging a nearly six-week stoppage.
America's late night talk shows once were appointment viewing, but with ratings tanking and ad revenues plummeting, their coveted place on the small screen is in question. And ad revenue is vanishing.
An enormous lithium mine in the Nevada desert has been granted final government approval, the company that has the concession said Thursday, in a project it predicts will quadruple US production of a mineral critical to the renewable energy revolution.
The Central Bank of Nigeria (CBN) has said Nigeria's foreign reserves have risen to over $40 billion, the first time in over 22 months under President Bola Tinubu.
UK finance minister Rachel Reeves announced Thursday changes to fiscal rules to open up billions for investment in the centre-left government's maiden budget, but warned of tax rises and spending cuts. Reeves confirmed that "taxes will need to rise" in the budget, without revealing many details on which taxes will be included.
The Nigerian National Petroleum Company Limited (NNPCL) has provided an update on the helicopter crash that occurred in Port Harcourt, Rivers State.
Nigeria's finance minister and coordinating minister of the economy said that the Nigerian government is making significant efforts to dedollarize the economy.
The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.
Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest pace in more than a year on the back of cooler mortgage rates. The rate was higher than a consensus of analysts expected.
Economy
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