Yen pinned near 40-year low with investors wary of intervention
(Reuters) – The yen hovered near a four-decade low on Tuesday, leaving traders wary of possible intervention by Japanese authorities…
Category: International
New fault discovery adds risk factor to South Africa’s shale gas ambitions – UCT study
(Reuters) – Scientists at South Africa’s University of Cape Town on Tuesday called for heightened monitoring of the Karoo Basin…
Microsoft cuts 4,800 jobs and shrinks Xbox in ‘significant restructure’
Microsoft has announced it has cut 4,800 jobs – roughly 2.1% of its workforce – with Xbox to bear a…
Can China repeat its EV success with robotaxis?
In Beijing’s Yizhuang district, driverless vehicles have become a common sight. Robotaxis weave through traffic alongside ordinary cars, while autonomous…
Samsung profits jump 1,800% as AI chip sales soar
South Korean technology giant Samsung Electronics says it expects to post a 19-fold jump in its profits, driven by global…
Amazon bars breastfeeding boss from business course
A breastfeeding boss has been barred from a business course run by online retailer Amazon because it would not let…
Congo cobalt exporters fear losing quotas due to administrative glitch, sources say
(Reuters) – Major cobalt producers in the Democratic Republic of Congo risk losing some of their first-half export quotas due…
Kenyan activists launch new court case against luxury lodges in Maasai Mara reserve
Wildebeests (Connochaetes taurinus) cross a road during their migration to the greener pastures, between the Maasai Mara game reserve and…
Egypt expects €1.5 billion from EU assistance package in coming days, minister says
(Reuters) – Egypt expects to receive €1.5 billion ($1.72 billion) from the European Union in the coming days, the first…
Scared but staying: Some migrants dig in as South Africa turns hostile
(Reuters) – Ethiopian refugee Helana Wolde locked his home and watched on television as thousands of angry demonstrators marched through…