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Inflation or politics? Argentina hit by wave of looting
Inflation or politics? Argentina hit by wave of looting
Business and Economy
by  AFP

Argentina has been hit by a wave of looting that has ratcheted up political tensions ahead of October elections as the country grapples with 113 percent annual inflation. But while some attribute the plundering to the current economic crisis, others see it as an orchestrated effort to destabilize the country ahead of October 22 elections.

AI chip giant Nvidia crushes expectations as profits soar
AI chip giant Nvidia crushes expectations as profits soar
Business and Economy
by  AFP

US chip giant Nvidia, whose products play a crucial role in artificial intelligence systems, crushed expectations on Wednesday, as the AI frenzy continues to lift the tech sector. Nvidia's quintessential position in delivering artificial intelligence has made it a bellwether on the generative AI frenzy that took hold of the tech world after the release of ChatGPT late last year.

Hollywood CEOs, striking writers at impasse after new talks
Hollywood CEOs, striking writers at impasse after new talks
Business and Economy
by  AFP

The latest meeting between Hollywood's striking screenwriters and top executives from Disney, Universal, Warner Bros. and Netflix ended in an impasse, the writers' union has said. The presence at Tuesday's meeting of top CEOs including Disney's Bob Iger and Netflix's Ted Sarandos, along with Donna Langley, chairman of Universal and Warner Bros.'s David Zaslav, wasn't enough to make a deal happen.