News
-
Meta to open first physical store in metaverse bet
The 1,550-square feet Meta Store at the company's Burlingame campus in California opens on May 9, and will feature demos for its Quest 2 VR headset and video calling device Portal, as well as smart glasses it produces with Ray-Ban
-
Asia facing 'stagflationary outlook' amid Ukraine war: IMF
The Russian invasion of Ukraine and Western sanctions on Moscow have driven up food and fuel prices worldwide, and a larger-than-expected slowdown in China due to prolonged or more widespread Covid-19 lockdowns is "a significant risk for the region"
-
Will RBI raise rates in June? Reuters poll says yes
The Indian central bank is likely to hike rates at a faster pace too, as a surge in inflation puts pressure on it to act quicker
-
India's Russian oil purchases double 2021 total since Ukraine invasion
As per Reuters calculations, Indian refiners snapped up discounted oil that others have shunned since Russia's invasion of Ukraine
-
Coal still top threat to global climate goals: report
China, Japan and South Korea—all historical backers of coal development outside their borders—have pledged to stop funding new coal plants, and yet the worldwide operational fleet of coal-fired power grew in 2021 by 18 GW, and as of December an additional 176 GW of coal capacity was under construction—about the same as the year before
-
From trolls to misinformation: What will a Musk-ruled Twitter look like?
The privatization of Twitter with Musk as its master has raised concerns from analysts and activists that the site will be capriciously ruled by the world's richest man, with more focus on attention and profit than on promoting healthy online conversations, which has been a priority at the service
-
Russia warns of World War III ahead of Western summit on arms to Ukraine
Speaking to Russian news agencies, Moscow's Foreign Minister Sergei Lavrov warned the risk of a World War III "is serious" and criticised Kyiv's approach to floundering peace talks
-
Elon Musk will buy Twitter for $44 billion
The Tesla boss who has been shoring up finance to make a bid for the micro-blogging platform, will take the company private
-
Warren Buffett faces renewed climate change challenge by investors
Investors concerned about climate change have developed an effective playbook for getting companies to set more ambitious goals for reducing greenhouse gas emissions by pressuring, shaming and cajoling executives. But those tactics are not working on Warren Buffett, and critics complain Berkshire's businesses are doing less to cut emissions than similar companies
-
Crew of first private flight to ISS head back to Earth
The three businessmen and a former NASA astronaut had spent more than two weeks on the station on a history-making mission organized by startup company Axiom Space
-
Will Elon Musk actually end up buying Twitter?
The Twitter board met Sunday morning to 'seriously' discuss Tesla boss's unsolicited $46.5 billion bid to buy the company, after he began lining up financing for his offer last week