New development has emerged concerning the reported death of the deputy governor of Bayelsa, Senator Lawrence Ewhrudjakpo, as the PDP made great release.
The Central Bank of Nigeria (CBN) has made the audacious move to stabilise the naira by selling $150 million to banks in the foreign exchange market
Google unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros ($6.4 billion) for a new data centre and other projects, as Europe seeks to catch up in the AI race.
A Chinese woman who masterminded a multibillion-dollar bitcoin scam and evaded authorities for years was sentenced to 11 years and eight months in jail by a UK court Tuesday. The court heard that she evaded UK authorities for around six years.
Authorities in Guinea on Tuesday officially launched production at Simandou, a gigantic mining project that they hope will propel the poor west African country into the ranks of the world's largest iron exporters. Doumbouya, who came to power in a 2021 coup, declared the day a public holiday, a sign of the importance authorities have attached to the mine.
A German court ruled Tuesday that OpenAI has infringed copyright law by using song lyrics to feed its chat models in a case that could have wide implications for European artists. "Both the memorisation in the language models and the reproduction of the song lyrics in the chatbot's outputs constitute infringements of copyright law," the court ruled.
The risk of the internet fragmenting into national "splinternets" will likely be averted in a UN vote next month, the head of the authority that manages web addresses told AFP on Tuesday. But ICANN has warned that any such move could lead to a fragmented "splinternet" in which it could prove expensive or impossible for people to connect across separate address systems.
Britain's unemployment rate rose more than expected to five percent in the third quarter, the highest level since early 2021, official data showed Tuesday ahead of a key UK government budget.
Japan's SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in AI-related share prices that has fuelled fears of a market bubble. But that has fed concerns of a market bubble that could eventually burst, like the dot-com boom that imploded at the turn of the millennium.
US fast-food chain Burger King will rapidly expand its China operations in coming years, its parent company said, selling its controlling stake to form a new joint venture powered by hundreds of millions of dollars in local investment. The latest shake-up follows an announcement last week by Starbucks that it will sell a controlling stake in its China retail operations.
Shares in Japanese giant Sony jumped more than five percent Tuesday after it hiked full-year profit forecasts thanks to the latest "Demon Slayer" anime blockbuster. Japanese auto giant Toyota last week also hiked its operating income and net profit forecasts for the current fiscal year.
Economy
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