December2024
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Meta plans to invest $10 billion to set up an AI data center in Louisiana
Dec 5, 2024Facebook-parent Meta said on Wednesday it plans to invest $10 billion to set up an AI data center in Louisiana, in what would be the tech company’s largest data center in the world. The hyperscaler data... -
Vietnam suspends operations of Temu
Dec 5, 2024Chinese online retailer Temu has been told to suspend its operations in Vietnam after it failed to meet an end-November deadline for business registration in the Southeast Asian country, the Vietnamese trade ministry said on Thursday.... -
OPEC oil cartel and its allies expected to extend their supply cuts to avoid a sharp drop in prices
Dec 5, 2024The OPEC oil cartel and its allies are expected on Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude. However, dissension that caused a delay... -
Equities extended losses in Seoul on Thursday
Dec 5, 2024Equities extended losses in Seoul on Thursday, while the won stabilised as South Korea entered a period of uncertainty with President Yoon Suk Yeol clinging to power after his brief imposition of martial law this week.... -
Bitcoin broke the $100,000 mark for the first time
Dec 5, 2024Bitcoin broke the $100,000 mark for the first time Thursday on hopes US president-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office next month. The cryptocurrency hit $100,010 in early Asian... -
UNICEF appeals for US$9.9 billion in humanitarian funding to support children affected by conflict and crisis in increasingly volatile world
Dec 5, 2024UNICEF launched a US$ 9.9 billion funding appeal today to reach 109 million children across 146 countries with lifesaving aid in 2025. The funds will be utilized in UNICEF’s humanitarian response to multiple conflicts, climate shocks,... -
Alcohol poisoning kills 17 in Turkey
Dec 5, 2024Turkish media said Wednesday that at least 17 people had died and another 22 were being treated in hospitals as a result of consuming poisoned booze. The state-run news agency Anadolu reports that eight individuals who... -
Syrian army launches counteroffensive against rebels
Dec 5, 2024Following a series of devastating defeats, Syrian government forces started a counteroffensive against Islamist-led rebels on Wednesday in the vicinity of the strategic city of Hama, according to a war monitor. Because of its advantageous location... -
Govt to procure 1.50 lakh MTs rice, 60,000 MTs fertilizer
Dec 5, 2024In order to meet the nation’s increasing demand, the government today approved separate bids for the purchase of about 1.50 lakh metric tonnes of rice, 60,000 metric tonnes of fertiliser, and 30,000 metric tonnes of rock... -
Govt appoints new administrator to BASIS
Dec 5, 2024Dr. Muhammad Mehedi Hassan, the ICT Division’s assistant secretary, has been selected by the interim government to serve as the administrator of the Bangladesh Association of Software and Information Services (BASIS). In this regard, the Ministry...