Investments are needed around the globe to mitigate climate change, but it is in developing countries, where population growth and economic growth prospects are greatest, that climate mitigation investments need to grow the most. This column argues that closing the climate investment gap in these countries requires rechannelling of Special Drawing Rights to Multilateral Development […]
The New York Stock Exchange has suspended trading in WeWork’s warrants due to “abnormally low” trading price levels and will initiate proceedings to delist them, the flexible workspace provider said on Tuesday. WeWork, which earlier this month warned about its ability to stay afloat, added that the company’s common shares will continue to trade on the NYSE. It […]
Signups for Netflix (NFLX.O) in the United States remain elevated despite a fall from June’s record high after the video-streaming pioneer’s crackdown on shared passwords came into effect in May, according to data from research firm Antenna. “Love is sharing a password,” Netflix had posted on X – then known as Twitter – in 2017, but its […]
Nvidia shares rose about 2% on Wednesday on growing expectations that the chip designer will deliver another strong outlook and boost markets as it reaps the benefits of early investments in artificial intelligence. Shares of the most valuable chip company, which has been pivotal in driving this year’s stock market rally, briefly scaled a record high in the […]
An Indian spacecraft landed on the rugged, unexplored south pole of the moon on Wednesday in a mission seen as crucial to lunar exploration and India’s standing as a space power, just days after a similar Russian lander crashed. “This moment is unforgettable. It is phenomenal. This is a victory cry of a new India,” said Prime […]
SDG 6 calls for ensuring availability and sustainable management of water and sanitation for all. Although global access to clean water has increased in recent decades, population growth and climate change threaten to aggravate water scarcity in many countries. Since the 1960s, about two-thirds of countries have seen an increase in their level of water stress. Water is indispensable for […]
Nvidia shares hit an all-time high on Tuesday in a buildup in expectations over the quarterly results of the chip designer that has been the biggest beneficiary of a boom in artificial intelligence. The shares eased 1.1% from a record high of $481.87 hit minutes after the market opened, crossing its previous peak of $480.88 on […]
SoftBank Group-backed Arm Holdings’ annual revenue dropped 1% due to a slowdown in smartphone sales, the chip designer disclosed in its paperwork for a U.S. initial public offering (IPO) that is expected to be the largest listing of the year. Its stock market launch is expected to bring back to life a lackluster IPO market, […]
Facebook parent company Meta Platforms on Tuesday released an AI model capable of translating and transcribing speech in dozens of languages, a potential building-block for tools enabling real-time communication across language divides. The company said in a blog post that its SeamlessM4T model could support translations between text and speech in nearly 100 languages, as well […]
Elon Musk is pushing to change how news links appear on his social media platform X, formerly called Twitter, in a move that could potentially undermine the ability of news publishers to draw audience. X is planning to remove the headline and text while retaining just the lead image from links to news articles shared […]
