Category: News
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CHAR Technologies Closes Private Placement
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on November 1, 2024 • 4 minutes…
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Money market account rates today, November 1, 2024 (up to 5.05% APY return)
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Between March 2022 and July 2023, the Fed raised its benchmark interest rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed cut the federal funds rate by 50 basis points in September. So, deposit rates—including interest rates on money market accounts—began to…
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Huawei is ‘still struggling’: Founder Ren Zhengfei
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Huawei, the Chinese technology giant, is facing an unexpected comeback story. Starting with a new premium smartphone in August 2023, the US-sanctioned company has released new phones, laptops, AI chips and electric vehicles, putting it at the forefront of China’s push for technological self-sufficiency. Huawei will achieve nearly $100 billion…
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Huawei is ‘still struggling’: Founder Ren Zhengfei
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Huawei, the Chinese technology giant, is facing an unexpected comeback story. Starting with a new premium smartphone in August 2023, the US-sanctioned company has released new phones, laptops, AI chips and electric vehicles, putting it at the forefront of China’s push for technological self-sufficiency. Huawei will achieve nearly $100 billion…
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Tax pain signal in new Sh78bn IMF loan deal
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Kenyans are facing more tax pain after the International Monetary Fund (IMF) cited the need for higher revenues as a condition for its multi-billion dollar loan facility for the country. The International Monetary Fund says Kenya underperformed in terms of revenues in the year to June – the period before…
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How AI might transform the internet as we know it
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TED entered the world of artificial intelligence in October with the TEDAI conference. The conference was held in Vienna, and one of the main themes that emerged was how this cutting-edge technology will revolutionize the creative, digital media and educational sectors. Speaking at the TEDAI conference, Selena Dickelmann, director of…
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UK Bosses Signal Tepid Support for Reeves’ High-Tax Budget
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Breadcrumb links BMN Business Chancellor of the Exchequer Rachel Reeves’ first budget was greeted with cautious optimism by Britain’s business leaders, although high taxes on wages held them back from full support. Article writer: Bloomberg News Chloe Millie Published on November 1, 2024 • 4 minutes read You can save…
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El Al pilots, executives raking in huge bonuses
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El Al Israel Airlines Ltd (level:Ellal) He could not have dreamed of better compensation for the damage caused by the Covid pandemic, which almost led to its collapse, than the consequences of the war, which led to record profits over the past year and boosted the company’s market value to…
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OpenAI brings search features to ChatGPT in challenge to Google
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OpenAI is adding a new set of search features to its flagship product ChatGPT, further challenging Alphabet Inc’s AI startup. The option, called ChatGPT Search, will allow chatbot users to search for timely information like they do on the web and get responses with direct attribution to news publishers and…
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OpenAI brings search features to ChatGPT in challenge to Google
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OpenAI is adding a new set of search features to its flagship product ChatGPT, further challenging Alphabet Inc’s AI startup. The option, called ChatGPT Search, will allow chatbot users to search for timely information like they do on the web and get responses with direct attribution to news publishers and…
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Widow’s illegal ‘takeover’ of giant laundry firm blocked
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The High Court has barred a widow from taking over the management of a family-owned laundry business worth Sh70 million in Nairobi. Justice Freda Mugambi said Kiran Harilal Rajput illegally declared herself a director of Capitol Laundry Limited after the death of her husband Harilal Durga Das Rajput and his…
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Keep Faith In Gary O’Neill Despite Winless Start
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The Premier League side are keeping their faith in coach Gary O’Neill despite his side’s winless start to the season and the fact they sit at the bottom of the table with just one point. The club parted ways with set-piece coach, Jack Wilson, after the club conceded set-pieces in…
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Keep Faith In Gary O’Neill Despite Winless Start
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The Premier League side are keeping their faith in coach Gary O’Neill despite his side’s winless start to the season and the fact they sit at the bottom of the table with just one point. The club parted ways with set-piece coach, Jack Wilson, after the club conceded set-pieces in…
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Northfield Capital Invests in Hemlo Explorers
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Article content TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“a company“) is pleased to announce its participation in the private placement (“an offer“”) from Hemlo Explorers Inc. (“Humlo“) which closed today. Northfield is a Hemlo insider, owning more than 10% of the issued and outstanding…
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Northfield Capital Invests in Hemlo Explorers
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Article content TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“a company“) is pleased to announce its participation in the private placement (“an offer“”) from Hemlo Explorers Inc. (“Humlo“) which closed today. Northfield is a Hemlo insider, owning more than 10% of the issued and outstanding…
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Apple sales grew 6% over the last quarter with a rebound in iPhone demand
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Apple’s revenue rose 6% in its fiscal fourth quarter, as iPhone sales rebounded and the company reported growth in all of its business units except the wearables category. Apple reported Thursday that total sales in the three months ended Sept. 28 rose year-over-year to $94.9 billion, slightly above Wall Street…