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13876 articles published since 08 Mar 2022

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Milei's dilemma: how to solve a problem like Argentina?
Milei's dilemma: how to solve a problem like Argentina?
Economy

Argentina's president-elect Javier Milei will have no time to bask in his Sunday victory as he inherits a country crippled by inflation and short on cash, creditors and international sympathy. He has promised "the end of Argentina's decline" and warned there is no time for "gradualism... or half-measures."

Asian markets mixed as traders eye Fed minutes
Asian markets mixed as traders eye Fed minutes
Economy

Asian stocks were mixed Monday following small gains on Wall Street as investors grow increasingly optimistic that the Federal Reserve has come to the end of its interest rate hiking cycle. All three main indexes on Wall Street ended slightly higher Friday, while observers said they expected this week to see light trading heading into the Thanksgiving holiday.

World's richest 1% emit as much carbon as bottom two-thirds: report
World's richest 1% emit as much carbon as bottom two-thirds: report
Economy

The richest one percent of the global population are responsible for the same amount of carbon emissions as the world's poorest two-thirds, or five billion people, according to an analysis published Sunday by the nonprofit Oxfam International. That is the same share as the bottom 66 percent of the global population by income, or 5.11 billion people.

Investors in OpenAI seek return of fired CEO, US media report
Investors in OpenAI seek return of fired CEO, US media report
Technology

Major investors in OpenAI, the company behind hugely popular ChatGPT, are working to orchestrate the return as CEO of Sam Altman, a leader in the AI revolution who was fired in a shock move Friday, US media reported Sunday. OpenAI sent a shock through the industry on Friday when it announced the immediate ouster of Altman, a major Silicon Valley star.

Austrian property tycoon's troubles rattle investors
Austrian property tycoon's troubles rattle investors
Economy

The Austrian property group that co-owns New York's iconic Chrysler building has warned of an imminent "restructuring" that has cast a spotlight on several precarious projects -- and the wealthy tycoon behind the company. Since then, Benko has added the Chrysler building and the Berlin shopping gallery KaDeWe to the company's portfolio, while branching out into media and other sectors.

Foreign firms race to open Saudi offices before deadline
Foreign firms race to open Saudi offices before deadline
Economy

A wave of ribbon-cutting ceremonies is sweeping the Saudi capital as multinationals face a January deadline to open regional headquarters in the Gulf kingdom or lose out on government contracts. "Only multinational companies with regional headquarters in the Kingdom will be eligible for tenders and contracts floated by government entities."

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