Intel takes another hit

Intel takes another hit

Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters Intel said it is struggling to satisfy demand for its server chips used in AI data centres, and forecast quarterly revenue and profit below market estimates, sending shares down 13% in after-hours trading on Thursday. The forecast underscores the difficulties faced by Intel in predicting global chip markets, where…

Read More
Ukraine scrambling for energy as Russian strikes hit infrastructure | Russia-Ukraine war News

Ukraine scrambling for energy as Russian strikes hit infrastructure | Russia-Ukraine war News

Authorities order emergency imports of electricity as people struggle in subzero temperatures. Ukraine’s energy minister has sounded an alarm over the energy situation as Russian strikes ​on the country’s infrastructure leave people shivering in subzero temperatures without heating or power. Denys Shmyhal, who took office ‍earlier this week, told parliament on Friday that there was…

Read More
Above-inflation price hikes to hit MTN customers

Above-inflation price hikes to hit MTN customers

MTN South Africa will increase prices for its consumer contract customers from February 2026, pushing up monthly bills by an average of a claimed 5.4% as it contends with rising operating and capital spending costs. Consumer price inflation was 3.6% in October, meaning the average of the MTN price hikes is well above the prevailing…

Read More