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ECB to look past Trump risk and push on with rate cuts
Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track. Felix Schmidt from Berenberg Bank was among economists predicting a fresh rate cut by the ECB Thursday, believing that inflation will ease in 2025.
Asian markets diverge in thin trade, with AI impact in focus
Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene. The DeepSeek news provided an extra facet to the current earnings season, with focus on how US tech giants will react.
Australia says reliance on coal-fired power drops to record low
Australia's reliance on coal-fired power stations has dropped to a record low, accounting for less than 50 percent of its electricity for the first time, the market operator said Thursday.
Salvadoran town hopes Trump brings 'good times' for bitcoin
Bitcoin enthusiasts seeking to turn a mountain town in El Salvador into a cryptocurrency haven hope that US President Donald Trump's return to the White House will boost their cause. In 2021, El Salvador became the world's first country to establish bitcoin as legal tender, at the initiative of President Nayib Bukele, one of the country's most fervent cryptocurrency enthusiasts.
With China's DeepSeek, US tech fears red threat
The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to go faster on advancing artificial intelligence and beat communist-led China before it is too late. "China’s innovation with DeepSeek is jarring, but it’s nothing compared to what will happen if China beats the US on the ultimate goal of AGI, artificial general intelligence.
2025 UTME: JAMB lists universities candidates should not apply to study law, gives reason
JAMB has listed universities where students would not be allowed to study law in the 2025/2026 academic session. It gave reason and sent a message to UTME candidates
Pep Guardiola reacts after Man City draw Real Madrid or Bayern Munich in UCL playoffs
Manchester City manager Pep Guardiola has shared his thoughts after his team draw Real Madrid or Bayern Munich in the UEFA Champions League playoff.
Meta agrees to pay Trump $25 mn to settle account ban lawsuit
Meta has agreed to pay President Donald Trump $25 million to settle a 2021 lawsuit he filed claiming he was wrongfully censored by Facebook and Instagram after the US Capitol riot, the company said Wednesday. In December, ABC News agreed to pay a $15 million settlement payment to resolve a defamation lawsuit brought by Trump stemming from on-air comments about him made by a top anchor.
2027: Lagos group endorses Tinubu’s top minister as APC candidate for guber race, details emerge
The League of Concerned Lagosians (LCL) has endorsed Dr. Tunji Alausa, Minister of State for Education, as its preferred candidate for the 2027 Lagos election.
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