In a global context where tropical rainforests play a critical role in biodiversity conservation and climate regulation, these ecosystems are severely threatened by expanding agribusiness and logging activities. This poses significant risks to the environment, wildlife, and communities dependent on rainforests. Against the backdrop of escalating climate change impacts, urgent action is needed to prevent the collapse More
Investors have continued to backpedal on the stock market, especially in the banking sector, on the back of the proposed recapitalization of the banks announced late last month by the Central Bank of Nigeria, CBN.
Meta said that it would be spending billions of dollars more on its AI efforts, raising expenditure forecasts in this area from $30 - 37 billion to $34 - 40 billion for the year. It cited heavy investment in AI infrastructure such as data centers, chip designs, and research andRead Entire Article
Oil prices have experienced a slight decrease for the third day in a row, after reaching a six-month record. Investors have seemingly shrugged off fears of a wider Middle East war disrupting supplies. Brent crude, the international benchmark, fell by 3.03% to $87.29 per barrel for June.Meanwhile, West Texas Intermediate, the U.S. marker, dropped by 3.13% to $82.69 a barrel for May. On Friday, oil prices soared to their highest level since October at $92.18 due to speculation that Iran would...
A slew of blue-chip results on both sides of the Atlantic will dominate the corporate news agenda this week, alongside key US economic data set to bolster the case for higher-for-longer interest rates.
The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain economic climate in which investors are unsure if the Federal Reserve will cut interest rates later this year, Reuters reported Tuesday (April 16). Citigroup made the biggest reduction, eliminating some 2,000 jobs during the […]
How did Morgan Stanley CEO Ted Pick do in his first quarter leading the
Travellers would be able to use facial recognition technology to identify themselves through their smartphones when crossing the border under a planned federal project.
Q4 results season is on and a number of companies will be rolling out their numbers over this week. Among them are biggies like Infosys, Wipro, HDFC Bank and many others. In effect, if you are looking to keep abreast of these announcements, know the exact schedule that these companies may adhere to. Apart from the results themselves, exactly how stocks will react will depend on some extraneous factors and that includes the upcoming general elections in India, whether Israel retaliates to the...
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.
Not long after Sheffield United had taken the lead for the second time on the night, the television cameras panned to Jason Wilcox, Manchester United’s new technical director deep in conversation with Sir Dave Brailsford, Sir Jim Ratcliffe’s eyes and ears at the club.]]>
Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.