Asian shares took a beating on Friday after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could rise as soon as March, leaving markets braced for tighter monetary conditions. Fed Governor Lael Brainard became the latest and most senior U.S. central banker on Thursday to signal that […]
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The rising level of technological innovations has finally reached Africa, bringing to the table a new wave of modernization to a continent that was once overlooked by some of the biggest companies worldwide. One thing the COVID-19 pandemic highlighted – and proceeds to linger – is the technological rage that came with it, as it […]
After COVID-19 pandemic took over, the world was never the same, and the same goes for the existential dilemma the world is facing when it comes to greenhouse gas emissions; despite President Joe Biden’s climate pledges, the U.S. is drifting from reaching its climate goals. A preliminary analysis by research firm, Rhodium Group, uncovered that the world’s largest […]
Samsung Electronics Co Ltd is likely to post a record fourth-quarter profit thanks to solid demand for server memory chips and higher margins in contract manufacturing, analysts’ estimates showed. Operating profit for the world’s biggest memory chip and smartphone maker likely hit 15.2 trillion won ($12.7 billion) in the quarter ended December, according to a […]
In its intraday trading on Monday, Apple became the first to reach a $3 trillion valuation when its shares hit $182.86 per share, followed by a dire drop below its milestone, as the company seeks out to fortify its capital reign on the market. The Big Tech giant welcomes the new year with hopes of […]
Chinese Telecommunications company Huawei Technologies Co Ltd unveiled its 2021 revenue expectations to drop by almost 30 percent as it fights off U.S. sanctions. In a letter sent to its employees on Friday, Huawei’s rotating chairman Guo Ping said that the revenue for 2021 is estimated to reach $99.48 billion. This marks a 28.9 percent […]
Asian shares rose Tuesday, although optimism set off by a rally on Wall Street was dampened by concerns over the potential impact of the omicron variant of the coronavirus. Japan’s benchmark Nikkei 225 jumped 1.4% to finish at 29,069.16. South Korea’s Kospi gained 0.5% to 3,015.63. Hong Kong’s Hang Seng recouped early losses to edge […]
COVID-19 came, and with it came the reshaping of human habits. We went from constantly checking our phones for entertainment purposes to the endless scrolling for news updates, be it pandemic-related, politics, or any kind of news that would deliver a higher clarity to where the world was going. November 19, a date will be […]
Computers have become amazingly precise at translating spoken words to text messages and scouring huge troves of information for answers to complex questions. At least, that is, so long as you speak English or another of the world’s dominant languages. But try talking to your phone in Yoruba, Igbo or any number of widely spoken […]
A study from an Oxford University lab published on Thursday revealed that a three-dose course of AstraZeneca booster shot is efficient in controlling the fast spread of the Omicron variant. The Pharmaceutical company said in its statement that the results – while they have yet to be released in a peer-reviewed medical journal – are […]