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IBM to pause hiring to replace 7,800 jobs with AI
International Business Machines Corp (IBM) is expecting to pause hiring to replace 7,800 jobs by AI, according to…
New Majesties to reuse historic vestments, chairs
British royalty will reuse objects from previous coronations for “the interests of sustainability and efficiency,”…
Biden assures depositors after First Republic’s collapse
US President, Joe Biden, has stressed on US regulators’ actions taken to facilitate the sale of First Republic Bank…
Egypt’s gold prices decrease
Gold prices in Egypt continued to decrease on Monday, reverting its direction after a phase of historical increase.…
Exxon Mobil to resume oil exploration in Brazil
Exxon Mobil Corp announced on Monday it is not planning to terminate its oil exploration activities in Brazil.
ADNOC signs three-year LNG supply deal with TotalEnergies
Abu Dhabi National Oil Company (ADNOC) announced on Monday a $1 billion deal to provide liquefied natural gas (LNG)…
Scientists develop AI system to turn thoughts into text
Scientists had developed a new AI system which focuses on turning a person’s brain activity into texts, according…
Environmental groups sue FAA over climate concerns
The Federal Aviation Administration (FAA) was sued Monday by several environment groups over SpaceX rocket launch…
Morgan Stanley plans to wipe up another 3,000 jobs
Morgan Stanley is preparing for a plan to wipe out approximately 3,000 jobs by the end of June, as the Wall Street…
BP profit rises to $5bln in Q1 – report
UK oil and gas BP reported on Tuesday a $5 billion profit in the first quarter, representing the second-best…