Business and Economy

Business and Economy Latest News

France's controversial CNews becomes top news channel
France's controversial CNews becomes top news channel
by  AFP

CNews, regularly accused of fostering far-right views, became France's number one news channel for the first time last month, according to figures published on Monday. Often described as France's answer to Fox News due to its opinionated and divisive presenters, CNews reflects a rightwards shift in French politics, often airing views against immigration, Islamism and "woke" leftists.

Microsoft to invest $3.2 bn in AI in Sweden
Microsoft to invest $3.2 bn in AI in Sweden
by  AFP

Microsoft said Monday that it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, its biggest investment in the country.

Turkish inflation exceeds 75% but peak in sight
Turkish inflation exceeds 75% but peak in sight
by  AFP

Turkish inflation jumped above 75 percent in May, official data showed Monday, but officials expect consumer prices to have finally peaked in a cost-of-living crisis that has dogged President Recep Tayyip Erdogan. Turkey has been battling soaring consumer prices that prompted Erdogan to drop his opposition to interest-rate hikes to combat inflation.

Energy

Money

Industry

Technology

Economy