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Twitter to be renamed X, get new logo
Twitter to be renamed X, get new logo
Business and Economy
by  AFP

Twitter's owner Elon Musk and its new CEO said Sunday that the social media network would ditch its bird logo, be rebranded with the name X and move quickly into payments, banking and commerce. Yaccarino, an advertising sales executive at NBCUniversal who Musk poached last month to become Twitter's CEO, said the social media platform was on the cusp of broadening its scope.

Asian markets mostly gain ahead of key rate decisions
Asian markets mostly gain ahead of key rate decisions
Business and Economy
by  AFP

Equities mostly rose Monday in Asia with investors gearing up for policy decisions at major central banks this week, while concern over the Chinese economy continued to dampen sentiment. Investors continue to fret over the outlook for China's economy after last week's data showing slower-than-expected growth in the second quarter.

ECB set to hike again with inflation stubbornly high
ECB set to hike again with inflation stubbornly high
Business and Economy
by  AFP

Another interest rate hike appears a near certainty when ECB policymakers meet Thursday as inflation remains high, but the central bank faces increasing discontent among countries scared high interest rates will hurt growth. The sequence of rate hikes does not look like it will stop this week, despite moves by other central banks to slow the tempo of increases.