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Business

UBS to reward shareholders as Credit Suisse-linked losses narrow

Swiss banking giant UBS said Tuesday it would hand shareholders up to $1 billion in share buybacks as it posted a smaller-than-expected quarterly loss...
Business

US regulator launches probe into tech giants' AI investments

A top US antitrust regulator said it was launching an inquiry Thursday about investments made by Microsoft, Google and Amazon into generative AI startups...
Business

US Fed expected to pause again as inflation edges closer to target

The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it...
Business

OpenAI sees a future of AI 'superpowers'

ChatGPT maker OpenAI on Monday enticed developers with lower prices and the ability to easily tailor artificial intelligence "agents" to help with anything from...
Business

US slaps TV provider with first-ever space debris fine

US authorities said they have issued a "breakthrough" first-ever fine over space debris, slapping a $150,000 penalty on a TV company that failed to...
Business

Stock markets jump with focus on US debt, elections

Major stock markets advanced Monday after President Joe Biden said he was "optimistic" about finding an agreement on averting a first-ever US default.Traders reacted...
Business

EU to unveil green tech plans to take on US, China

The EU will reveal hotly debated proposals on Thursday to boost spending on clean tech, possibly overcoming internal divisions to include nuclear energy in...

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Nigeria Social Media Awards 2023

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