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IMF, World Bank urge funds for poverty, climate fights
IMF, World Bank urge funds for poverty, climate fights
Economy
by  AFP

The heads of the IMF and World Bank urged member nations on Friday to boost the funding firepower of the global lenders to help poorer countries combat poverty and climate change. Banga has pushed for change at the bank since President Joe Biden nominated him to succeed David Malpass, who stepped down early from his five-year term following questions about his stance on climate change.

Microsoft, 'Call of Duty' maker set to seal tie-up
Microsoft, 'Call of Duty' maker set to seal tie-up
Economy
by  AFP

Xbox-maker Microsoft and Activision Blizzard, whose video games include "Call of Duty" and "Candy Crush", are set to seal one of the biggest technology tie-ups after overcoming final hurdles Friday. Microsoft and Sony, which had previously tried to block the Activision deal, agreed in July to keep releasing "Call of Duty" on the PlayStation.

TSMC applies for 'permanent' permit to export US equipment to China factory
TSMC applies for 'permanent' permit to export US equipment to China factory
Economy
by  AFP

Taiwanese semiconductor giant TSMC said Friday it has applied for -- and expects to receive -- permanent authorisation from Washington to allow the export of US chip-making equipment to its China-based factory. After South Korea announced Monday its chip giants had received the US green light to send equipment to China, attention turned to the Taiwanese firm.