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Search Result for “revolution”

Showing 1 - 10 of 28

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BUSINESS

Dark cloud over ChatGPT revolution: the cost

AFP, Published on 21/05/2023

» WASHINGTON: The explosion of generative AI has taken the world by storm, but one question all too rarely comes up: Who can afford it?

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BUSINESS

Musk eyes torrid growth at Tesla, but offers no big new reveals

AFP, Published on 02/03/2023

» NEW YORK - Elon Musk presented a heady vision Wednesday to turbocharge Tesla's growth at an investor day filled with ambitious targets but short on details sought by Wall Street.

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BUSINESS

Cuba authorises foreign investment in wholesale, retail

AFP, Published on 17/08/2022

» HAVANA: The Cuban government has announced it will allow foreign investment in domestic wholesale and retail trade for the first time in 60 years, in a move aimed at addressing critical shortages of goods.

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BUSINESS

Netflix subscriber numbers drop two quarters in a row

AFP, Published on 20/07/2022

» SAN FRANCISCO: Netflix reported losing subscribers for the second quarter in a row Tuesday as the streaming giant battles fierce competition and viewer belt tightening, though the firm assured investors of better days ahead.

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BUSINESS

Russia fails to pay debt but denies default

AFP, Published on 27/06/2022

» MOSCOW: Russia said Monday that two of its debt payments were blocked from reaching creditors, pushing the country closer to its first foreign default in a century due to sanctions over the Ukraine offensive.

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BUSINESS

Risk of imminent Russian debt default appears to ebb

AFP, Published on 18/03/2022

» NEW YORK: The possibility of an imminent Russian debt default appeared to diminish Thursday following statements from Moscow and news of a payment to JPMorgan Chase, however a ratings agency warned of a continued risk of nonpayment.

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BUSINESS

Jordanian company dives into Arabic mobile games market

AFP, Published on 24/10/2021

» AMMAN - Its logo is a tomato, not an apple, but in just eight years Jordanian company Tamatem has already bitten a chunk out of the lucrative market for Arabic mobile games.

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BUSINESS

The self-made Chinese billionaire battling to save debt-mired Evergrande

AFP, Published on 12/09/2021

» BEIJING: From rural poverty to real estate billions, the fortunes of Xu Jiayin tracked China's runaway growth for much of the past two decades -- but now he is battling to save his Evergrande conglomerate from a quagmire of debt.

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BUSINESS

China's state media tries to reassure investors over crackdown

AFP, Published on 08/09/2021

» BEIJING: China's recent clampdowns on a range of industries including tech firms and the education sector will not detract from its goal of opening up the economy, state media said Wednesday, as Beijing rushes to reassure rattled investors.

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BUSINESS

Corporate tax deal tops agenda at G7 finance meet

AFP, Published on 04/06/2021

» LONDON: Group of Seven finance ministers are set to kick off talks on Friday, with the spotlight on ambitious plans for a minimum global level of corporate tax.