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13876 articles published since 08 Mar 2022

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Pentagon leaks suspect gets additional charges
Pentagon leaks suspect gets additional charges
Business and Economy

Jack Teixeira, the US airman accused of leaking top-secret Pentagon documents in an online chat forum, was slapped with additional federal charges on Thursday. Teixeira was an airman first class, the third-lowest rank for enlisted US Air Force personnel and had possessed a top secret security clearance since 2021.

US retail sales grow at slower pace on falling gas station sales
US retail sales grow at slower pace on falling gas station sales
Business and Economy

Retail sales in the United States grew at a slower pace in May but still came in stronger than expected, according to government data released Thursday, on the back of falling gas station sales. A nearly six percent fall in May consumer price inflation for gas would likely have dragged on gas station sales, said a report by Pantheon Macroeconomics.

Nigeria unifies currency exchange rates, floats naira
Nigeria unifies currency exchange rates, floats naira
Business and Economy

Nigeria's central bank has abolished the country's multiple exchange rate system and effectively floated the naira currency, the bank said, as new President Bola Ahmed Tinubu revamps the country's monetary policies. The naira will also be traded at a "willing buyer, willing seller" market rate instead of regulated rates against the US dollar and other currencies, the statement said.

Rise of the cute robots
Rise of the cute robots
Business and Economy

The red eye that refuses to be extinguished, the metal body that cannot be crushed -- for many of us the word "robot" conjures one image: the Terminator. To get around the problem, the firm added big doughy eyes that can indicate, making it look like the world's friendliest futuristic wheelie bin.

Singapore to put more police robots on the streets
Singapore to put more police robots on the streets
Business and Economy

Singapore will "progressively deploy" more patrol robots across the city-state, police said Thursday, after more than five years of small-scale trials. "The SPF plans to progressively deploy more patrol robots to augment police's operations across Singapore," the SPF said in a statement, without giving a timeline.

Kenya government to unveil budget amid tax hike anger
Kenya government to unveil budget amid tax hike anger
Business and Economy

Kenyan President William Ruto's government is set to present its budget to parliament Thursday in the face of widespread anger over a range of proposed tax hikes to shore up depleted public finances. We have to sacrifice for the future," Treasury Minister Njuguna Ndung'u told local station Citizen TV on Thursday before he submits the budget to parliament.

TikTok to spend billions in SE Asia as e-commerce move pays off
TikTok to spend billions in SE Asia as e-commerce move pays off
Business and Economy

TikTok's chief executive said Thursday the company would pour billions of dollars into Southeast Asia in the coming years, as a report showed its nascent venture into online shopping is paying off. "We're going to invest billions of dollars in Indonesia and Southeast Asia over the next few years," Shou Zi Chew told a forum in Indonesian capital Jakarta.

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