Food prices in New Zealand were up 0.7 percent on year in March, Statistics New Zealand said on Friday - slowing from 2.1 percent in February. The smaller annual increase was due to cheaper prices for fruit and vegetables, down 13.3 percent in the 12 months to March 2024. Prices for alcoholic beverages were up...
French Competition Authority, The Autorite de la concurrence, said it has fined Alphabet Inc. and Google LLC 250 million euros for non-compliance with some of its commitments with news publishers. The fine is related to breaches linked to EU intellectual property rules. It was reported that Google failed to keep its commitments to negotiate deals...
TEANECK, N.J. - Cognizant Technology Solutions Corp. (NASDAQ:CTSH) has announced a collaboration with NVIDIA Corporation (NASDAQ:NVDA) to enhance drug discovery in the life sciences sector using NVIDIA\'s BioNeMo generative AI platform. This initiative aims to improve the productivity of the drug development process and accelerate the introduction of new treatments to the market. Generative AI...
The manufacturing sector in Taiwan continued to expand in June, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 53.2. That\'s up from 50.9 in May, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Underpinning the improvement...
Grayscale’s spot Bitcoin exchange-traded fund (ETF) (GBTC) has seen a slow trading day experiencing net outflows of almost $600 million on Thursday, making this the second largest outflow day since 11th Jan 2024, according to data posted by Farside investors. The total GBTC outflows since 11 January now stand at $8,406.3 million. Reported GBTC outflow...
JAKARTA – As of June 2024, PT Bundamedik Tbk (BMHS) reported slight increase in revenue of 9% year-on-year (yoy) compared to H1 2021. However, solid operational activities, as well as cost efficiency, managed to bring forth net profit surge by up to 199% yoy. According to Financial Report of H1 2024, BMHS recorded revenue of...
European stocks are seen opening broadly higher on Wednesday amid inflation and rate cut optimism. After a measure of U.S. producer price inflation rose less than expected in July, investors now looked forward to the release of U.S. CPI data later in the day for further confirmation that the underlying inflation pulse in the worlds...
European stocks may open on a sluggish note Thursday as investors await more U.S. economic data and comments from Federal Reserve officials for additional clues on whether the Fed is behind the curve on inflation and interest rates. After recent soft monthly payrolls data, weekly jobless claims numbers due later in the day may offer...
Stephen Mollah claimed to be Satoshi Nakamoto at a London event but failed to provide convincing evidence.Technical issues and unsubstantiated statements frustrated attendees, including BBC’s Joe Tidy. On October 31, British businessman Stephen Mollah stepped forward, claiming to be the elusive creator of Bitcoin, Satoshi Nakamoto, at a press conference held at London’s Frontline Club....
A South Korean altcoin issuer has been arrested on fraud charges. Prosecutors in the country have accused him of duping investors out of $16.1 million. Per Newsis, the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Team arrested the unnamed individual on March 19. South Korean Altcoin Issuer ‘Conspired with Market Maker’ The...