Saudi Arabia severs its ties with the US in a bid to achieve economic self-reliance.
There has been speculation that Saudi Arabia is considering cutting its ties with the United States as part of a broader plan to achieve economic self-reliance. This would mark a significant shift in the country’s long standing relationship with the...
China’s Yuan Replaces Dollar as Most Traded Currency in Russia.
In recent years, China’s yuan has replaced the US dollar as the most traded currency in Russia, marking a significant shift in the global financial system. China has made significant strides in expanding the use of its currency, in global...
NBA and players union agree on new 7-year contract as focus shifts to TV deals.
The National Basketball Association (NBA) and its players union have reached an agreement on a new 7-year contract, according to a joint announcement made by both parties. The new agreement comes as the league shifts its focus to TV deals,...
Tesla reports 422,875 deliveries in the first quarter of 2023.
The world’s leading electric vehicle manufacturer, Tesla reports impressive delivery figures for the first quarter of 2023, with 422,875 deliveries reported. This marks a significant increase compared to the same period last year and is a testament to the company’s...
ChatGPT has been banned in Italy due to privacy concerns.
In a surprising move, the Italian government has announced that it will be banning the use of ChatGPT, a popular language model developed by OpenAI, about data privacy concerns. The ban will take effect immediately, and anyone found using the...
Google’s CFO signals additional spending cuts to meet savings targets.
Alphabet, the parent company of Google, is considering more spending cuts as part of its ongoing effort to meet its savings targets. This news comes after Google announced in February that it would be cutting its marketing budget in half...