Dado Ruvic/Reuters Nvidia has announced it will invest US$5-billion in Intel, throwing its heft behind the struggling US chip company weeks after the White House engineered a deal for the US government to take a massive stake in the company. Nvidia’s support represents a new opening for Intel after years of turnaround efforts at the…
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets rose Wednesday, tracking gains on Wall Street, as hopes for a rate cut by the Federal Reserve rose, while investors also assessed August inflation data from China. Consumer prices in China fell 0.4%…
In Ntungamo District, anticipation is brewing as the Inspire Africa Coffee Park in Rwashamire nears completion. Construction now stands at 85 percent, with equipment already tested, and the facility is expected to open its doors to farmers within a week. Over 7,000 farmers have registered, ready to supply coffee directly to the park, which has…
African Heads of State have expressed strong confidence in investors following positive responses to commitments made on the opening day of the African Union-Africa Water Investment Programme (AU-AIP) Water Summit 2025. Speaking on the sidelines of the summit on Thursday, Executive Secretary and CEO of the Global Water Partnership (GWP), Alex Sialabwi, said investors and…
The European Union will suspend retaliatory tariffs on goods from the United States that were scheduled to take effect on Monday. The EU hopes it can reach a trade deal with the Trump administration by the end of the month. “This is now the time for negotiations,” European Commission President Ursula von der Leyen told…
Donald Trump tells reporters he hopes Iran and Israel can real a deal to end the fighting.
