February2024

The Israeli government has approved the use of Elon Musk’s Starlink satellite internet services in both Israel and parts of the Gaza Strip, the communications minister announced on Wednesday. Under the deal, Starlink will support internet...

Cisco is cutting thousands of jobs as part of a restructuring plan, the computer networking giant announced Wednesday. About 5 percent of Cisco’s global workforce will be affected by the layoffs, the Silicon Valley-based company said...

Japan’s space agency announced the successful launch of its new flagship rocket on Saturday, making it third time lucky for the H3 after years of delays and two previous failed attempts. The H3 rocket, billed as...

A Japanese firm said on Monday it had successfully launched a spacecraft tasked with inspecting potentially dangerous man-made junk floating around the Earth. The European Space Agency (ESA) estimates that around one million pieces of debris...

China’s new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation. Domestic spending on entertainment, dining and travel soared during...

Mining giant BHP reported an 86 percent slump in half-year net profit on Tuesday, hit by a writedown of its nickel assets and costs related to a 2015 Brazilian mining disaster. Sales rose six percent to...

China’s central bank on Tuesday cut a key benchmark lending rate used to price mortgages, as Beijing seeks to boost its flagging growth. Officials in China have struggled to kickstart economic growth as they battle a...

US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America’s major credit card firms. Under the deal, Discover shareholders will receive 1.0192...

Australia’s ANZ and Suncorp banks jumped a big hurdle in their proposed US$3.2 billion merger Tuesday, as a tribunal overrode a consumer watchdog’s concerns. The Australian Competition and Consumer Commission had blocked ANZ’s proposed takeover of...

British bank Barclays said Tuesday that annual net profit slid 15 percent as it was hit by a large restructuring charge. Profit after tax decreased to o4.3 billion ($5.4 billion) last year after a o900-million charge...