Investors are scrambling to shift their positioning following the closely-watched debate between US Republican Donald Trump and Democratic Vice President Kamala Harris, as betting markets swung in Harris’s favour after the event. Shares of Trump Media & Technology Group, the company that owns Truth Social, fell 13 percent on Wednesday…
Israel’s finances are under strain and its budget deficit is widening, as agencies downgrade the nation’s credit. More than 40,000 Israeli businesses are expected to go bankrupt in the coming months. Tourism has ground to a halt and consumption, trade and foreign investment have all slumped. Israel’s war on Gaza…
European Commission directed Apple to pay billions in back taxes, an order upheld by the EU’s top court. European Union antitrust chief Margrethe Vestager has scored two major wins as Europe’s top court has backed her crackdown against Apple’s Irish tax deal and Google’s anticompetitive practices in two landmark cases….
One month after a judge declared Google’s search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology. Both the United States Department of Justice (DOJ), joined by a coalition of states, and Google made opening…
Apple has unveiled its artificial intelligence-boosted iPhone 16, showing off the long-awaited phone hours after Chinese rival Huawei’s tri-fold phone began racking up orders. “The next generation of iPhone has been designed for Apple Intelligence from the ground up. It marks the beginning of an exciting new era,” Chief Executive…
No major changes expected with President Abdelmadjid Tebboune expected to win despite concerns about low turnout. Algerians are voting in a presidential election in which incumbent Abdelmadjid Tebboune is expected to easily win a second term. Polling stations opened at 8am (07:00 GMT) on Saturday in the North African country…
With two months to go before the US presidential election, the candidates are outlining their vision for the world’s biggest economy. Democratic candidate Kamala Harris says she plans to raise taxes on corporations and the wealthy while the Republican hopeful Donald Trump says he’ll slash what he says is unnecessary…
For days, truckers had blocked roads in protest against the end of COVID-era fuel subsidies, snarling transport. Truckers in Colombia have reached a deal with the government and agreed to lift a five-day road blockade, according to President Gustavo Petro. The deal, announced on Friday, is aimed at assuaging concerns…
In August, X, the social media company once known as Twitter, publicly released Grok 2, the latest iteration of its AI chatbot. With limited guardrails, Grok has been responsible for pushing misinformation about elections and allowing users to make life-like artificial intelligence-generated images – otherwise known as deepfakes – of…
Nkurunziza Alphonse knows that every time he goes out to protest, he could get arrested, even detained for a lengthy period in Kampala’s maximum security prison. It has happened before. Still, as he sat in a courtroom on Tuesday, watching another batch of protesters arraigned, Alphonse said he has no…
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