In an aerial view, a Valero refinery is seen on May 5, 2026 in Corpus Christi, Texas. Brandon Bell | Getty Images Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz. Brent crude futures, the international benchmark, were up around 3% to $97.16…
OpenAI CEO SSam Altman. Kylie Cooper/Reuters OpenAI CEO Sam Altman said on Tuesday that the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney,…
APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices fell on Tuesday after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders, easing fears of an imminent escalation that could further disrupt global crude supplies. International benchmark Brent…
Her family said the 54-year-old had been taken from prison to a local hospital after a sharp deterioration in her health.
Pedestrians at Pitt Street Mall in Sydney, Australia, on Thursday, July 24, 2025. Brendon Thorne | Bloomberg | Getty Images Markets in Australia and Japan rose Friday, mirroring gains on Wall Street that saw both the S&P 500 and Nasdaq Composite reach new highs. This comes as investors took in strong earnings from Apple and…
Pretoria, SA — Tanzania’s High Commissioner, James Bwana, has assured that the Tanzanian community living in various cities in South Africa is safe and not being targeted by attacks from locals, contrary to claims made in a video clip circulating on social media platforms. The diplomat has been compelled to speak out to clarify the…
The Information Regulator migrated its payroll system from Persal to Sage 360 with effect from 1 April. (Image source: 123RF) The Information Regulator has reassured employees that salaries due on 15 April have been paid on time, following a payroll system migration from Persal to Sage 360 that triggered concern from organised labour. The clarification…
US software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update from Anthropic. Investors have dumped the sector’s stocks this year on worries that AI tools that are capable of automating human tasks could pose an existential threat to the industry. The broader S&P…
As regulators prepare to rule on the future of a global aviation climate program, a growing number of experts and project developers are warning that the outcome could determine whether the system succeeds collapses. The decision, expected from the Council of the International Civil Aviation Organization, will shape the supply of carbon credits available under…
Nvidia CEO Jensen Huang. Steve Marcus/Reuters As Nvidia heads into quarterly earnings on Wednesday, AI investors are seeking evidence that the chip maker’s profits are growing apace on the back of a US$630-billion capital spending budget from Big Tech. But signs of risk to Nvidia’s long-held dominance are also emerging from hyperscalers’ plans to design…
