Oil prices return to near pre-war levels as Oman says no Strait of Hormuz “transit fees”

Oil prices return to near pre-war levels as Oman says no Strait of Hormuz “transit fees”

Oman’s Foreign Minister Sayyid Badr bin Hamad Al Busaidi, speaking Thursday after meeting with fellow top diplomats from Persian Gulf nations and U.S. Secretary of State Marco Rubio, said “future arrangements concerning the Strait of Hormuz will not involve imposing any transit fees.” Al Busaidi “reiterated Oman’s support for the memorandum of understanding signed between…

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IBM claims major chip breakthrough

IBM claims major chip breakthrough

Image: IBM IBM on Thursday unveiled what it said was the world’s first sub-1nm chip technology — a node it calls the 0.7nm, or 7-angstrom, generation — as tech companies race to build semiconductors that can handle increasingly demanding AI workloads. Shares of the Armonk, New York-based company rose over 6% in pre-market trading. They…

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Africa: No, Tiktok Not Giving Away Free Data to Commemorate Anniversary

Africa: South Africa Police and Protesters Must Put Lives First As 30 June Looms

Police and leaders of anti-immigration movements have a responsibility to ensure that protests do not degenerate into violence. Instability and disorder are intensifying in South Africa ahead of the 30 June deadline given by March and March and other organisations for all ‘illegal’ foreign nationals to leave the country. In many areas, vigilantes have attacked…

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Investec rolls out AI, with caution

Investec rolls out AI, with caution

Graeme Lockley, Investec Specialist Bank CIO. As artificial intelligence (AI) adoption accelerates across the financial services sector, Investec says its approach is being shaped not by hype, but by trust, responsible innovation and human-centred banking. According to Graeme Lockley, Investec Specialist Bank CIO, the organisation is actively investing in AI capabilities, while taking a measured…

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