TSMC profit surges 61% to record high fueled by AI chip demand

TSMC profit surges 61% to record high fueled by AI chip demand

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, hitting…

Read More
Naspers lifts core earnings by 46% as e-commerce profitability surges

Naspers lifts core earnings by 46% as e-commerce profitability surges

Technology investor Naspers reported a significant improvement in its financial performance for the year ended 31 March 2025, driven by strong growth and improved profitability in its global e-commerce portfolio. Naspers’ logo is pictured on a smartphone in this illustration taken, 4 December 2021. Reuters/Dado Ruvic/Illustration Group core headline earnings rose 46% to $3.1bn, while…

Read More
Africa: The Global Mental Health Crisis Surges Amid 0 Billion Funding Gap

Africa: The Global Mental Health Crisis Surges Amid $200 Billion Funding Gap

United Nations — Although access to mental health and psychosocial support services is considered a fundamental human right by the United Nations (UN), hundreds of millions of people experience limited or inadequate access to mental health and psychosocial support services. On June 6, the United Nations Children’s Fund (UNICEF) and the World Health Organization (WHO)…

Read More