Alibaba and Ant venture to launch RISC-V chips for payments
Alibaba Group Holding’s chip unit T-Head and Alipay, the payment service under Alibaba’s financial affiliate Ant Group, will release computing chips for secure payments based on
U.S. unveils new cybersecurity strategy with tighter regulations
The White House on Thursday announced a new cybersecurity strategy in the latest effort by the U.S. government to bolster its cyber defenses amid a
UAE’s GDP grew 7.6% in 2022, econ minister says
The United Arab Emirates’ economy expanded 7.6% last year, a senior official said on Thursday, about double the rise in gross domestic product (GDP) recorded
Foxconn to invest in India’s Telangana state
Apple supplier Foxconn will invest an undisclosed sum in India’s southern state of Telangana towards an electronics manufacturing facility in the south Indian state, the state’s
Global energy-related CO2 emissions edged up to record high in 2022 – IEA
Global energy-related emissions of carbon dioxide hit a record high last year, although more clean technology such as solar power and electric vehicles helped limit
Saudi companies to invest $51 billion under government-backed plan
Saudi Arabia has launched 192 billion riyals ($51.2 billion) of investments led by local companies, including oil giant Aramco , SABIC and Ma’aden, under a government-backed initiative,
Vietnam parliament elects Vo Van Thuong as new state president
Vietnam’s National Assembly on Thursday elected Vo Van Thuong as the country’s new president, in a reshuffle of the country’s top leadership amid a sweeping
India’s Adani group gets $1.87 bln investment from U.S. boutique firm GQG
U.S. boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian
Elon Musk’s ‘Master Plan’ for Tesla fails to charge up investors
Tesla Inc’s shares fell about 7% on Thursday, after Chief Executive Elon Musk and team’s four-hour presentation failed to impress investors looking out for an announcement
The fiscal side of Europe’s energy crisis: the facts, problems and prospects
Only a third of the massive fiscal interventions put in place by European governments 1 to shield consumers from rising energy prices have been targeted at vulnerable categories.
