AFP
13876 articles published since 08 Mar 2022
Author's articles
US lawmakers seek to clean up crypto regulation 'food fight'
The US House of Representatives on Wednesday adopted a bill that would create a new legal framework for digital currencies, in a move cheered by crypto supporters but opposed by consumer groups who say it fails to protect investors.
Nvidia profits soar on demand for AI power
Nvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial intelligence in data centers. The California-based company reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took in during the same fiscal quarter last year.
Argentine economic activity plunges amid austerity drive
Argentina's economic activity continued to plummet in March, with the construction and manufacturing industries leading the slowdown as President Javier Milei's government slashes spending, official figures showed Wednesday.
US Fed's rate meeting minutes show growing inflation concerns
A strong US economy and an uptick in inflation led the Federal Reserve's rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its most recent meeting published Wednesday.
Scientists say they can make zero-emission cement
Researchers on Wednesday said they were a step closer to solving one of the trickiest problems in tackling climate change -- how to keep making cement despite its enormous carbon footprint. The Cambridge researchers approached the problem by looking at an industry that was already well established -- steel recycling, which uses electric-powered furnaces to produce the alloy.
World Economic Forum founder Schwab to retire from leadership role
Klaus Schwab, the founder and for decades the face of the World Economic Forum, will step away from executive leadership in the coming months, the organisation said.
US existing home sales slip in April on still high mortgage rates
Existing home sales in the United States crept lower in April as mortgage rates remained elevated, industry data showed Wednesday. From a year ago, home sales were also 1.9 percent lower in April, NAR data showed.
AI dominates annual Paris startup event VivaTech
Thousands of tech enthusiasts filed into Europe's self-declared biggest startup event VivaTech in Paris on Wednesday, with artificial intelligence stealing the show this year. Over four days, the event, now in its eighth year, will host more than 150,000 guests, 11,000 startups and 450 speakers, according to the organisers.
Ex-UK Post Office boss 'sorry' over convictions scandal
The former boss of Britain's Post Office on Wednesday apologised to the hundreds of staff who were wrongly prosecuted because of faulty computer software, in one of the country's worst miscarriages of justice.
AFP
Load more