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Chief of state oil company dismissed in Brazil
Chief of state oil company dismissed in Brazil
Economy
by  AFP

The CEO of Brazil's state oil company Petrobras has been sacked, the government announced Tuesday. The March announcement caused the company's share price to plummet and was seen by some analysts and opponents as direct government intervention.

Asian markets mixed as focus turns to US inflation report
Asian markets mixed as focus turns to US inflation report
Economy
by  AFP

Asian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders struggling to pick up the baton after a record performance on Wall Street. A sense of optimism on Wall Street pushed all three main indexes higher, with the Nasdaq hitting a new record and the S&P 500 coming within a whisker of its own all-time peak.

OpenAI co-founder Ilya Sutskever announces departure
OpenAI co-founder Ilya Sutskever announces departure
Technology
by  AFP

OpenAI co-founder Ilya Sutskever announced his departure Tuesday from the startup that ignited an artificial intelligence tech race with its release of ChatGPT. Sutskever said on X, formerly Twitter, that he was leaving after almost a decade at OpenAI, whose "trajectory has been nothing short of miraculous."

Push for new US lithium mine leaves some Americans wary
Push for new US lithium mine leaves some Americans wary
Economy
by  AFP

When Kristal Lee and her husband bought a house in Gaston County, North Carolina two years ago, they envisioned a "forever home". Lee learned about the mine a year after moving into her current home -- when Piedmont mailed the family a gift of coffee and a note.

US says Boeing can be prosecuted for 737 MAX crashes
US says Boeing can be prosecuted for 737 MAX crashes
Economy
by  AFP

The US Justice Department on Tuesday said Boeing can be prosecuted for two subsequent 737 Max crashes that killed 346 people approximately five years ago. Such a breach would mean Boeing can be prosecuted for any violation of federal law related to the crashes, according to US justice officials.

More money pledged for flood-stricken Brazil
More money pledged for flood-stricken Brazil
Economy
by  AFP

The BRICS group of nations pledged a billion dollars for storm-ravaged southern Brazil Tuesday as slowly receding floodwaters started to reveal the full extent of the devastation. The bank of the BRICS -- a group including Brazil, Russia, India, China and South Africa -- said Tuesday it would free the equivalent of more than a billion dollars to help the affected state.