IMF staff, Kenya reach agreement on over $1 billion of new financing
By George Obulutsa NAIROBI International Monetary Fund staff and Kenya have reached an agreement that could unlock more
2023-05-23 23:28
Meta sells Giphy at a significant loss after UK breakup order
Stock-photo website Shutterstock on Tuesday said it will acquire Giphy and its online repository of animated images for $53 million, after UK antitrust regulators forced Meta to spin off the company last year.
2023-05-23 23:23
Alphabet-backed AI startup Anthropic raises $450 million as funding freeze thaws
Anthropic, an artificial intelligence startup backed by Google parent Alphabet Inc, said on Tuesday it had raised $450
2023-05-23 23:18
Lowe’s Follows Home Depot, Cuts Outlook as Consumer Spending Slows
Lowe’s Cos. shares rose after the company reported gains among professional contractors and a drop in comparable sales
2023-05-23 22:53
US business activity rises to 13-month high in May, S&P Global survey shows
WASHINGTON U.S. business activity increased to a 13-month high in May, lifted by strong growth in the services
2023-05-23 22:53
Ming Dynasty box that sat in an attic for decades sells for $358,000
A 15th century Chinese box which went unnoticed for decades has sold for £288,000 (about $358,000), smashing its expected price at auction.
2023-05-23 22:25
Climate Activists Disrupt Shell AGM as Investors Back Board
Shell Plc’s annual shareholder meeting was disrupted for over an hour as activists protested against the company’s climate
2023-05-23 22:22
Wealth Fund QIA Joins SoftBank, BlackRock in Private Credit Push
Qatar’s sovereign wealth fund sees growing investment opportunities in the world of private credit, joining the likes of
2023-05-23 22:21
Boeing CEO says supply chain pressure could continue through 2024
DOHA Boeing Chief Executive Dave Calhoun on Tuesday said it could take until the end of next year
2023-05-23 22:18
Forint Pares Loss After Central Bank Cuts Key Interest Rate
Hungary’s forint pared losses after the nation’s central bank cut interest rates, calming a slump caused by a
2023-05-23 22:15
Shell CEO shielded by security as climate protesters storm AGM
By Shadia Nasralla and Ron Bousso LONDON (Reuters) -Security staff shielded Shell Chief Executive Wael Sawan and company directors as
2023-05-23 21:51
Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips
Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc to use chips
2023-05-23 21:19