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Business

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AI saves $500 million for Microsoft as layoffs reshape strategy
AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court
FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes
Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs
Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets
Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035
PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

Africa

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Pat Cummins to miss South Africa white-ball series, focuses on Ashes preparation
Pat Cummins to miss South Africa white-ball series, focuses on Ashes preparation

Kingston [Jamaica], July 12 (ANI): Australia's Test captain Pat Cummins is set to sit out next month's white-ball series against South...

'Well done to both teams': Jay Shah as Italy, Netherlands qualify for T20 World Cup 2026
'Well done to both teams': Jay Shah as Italy, Netherlands qualify for T20 World Cup 2026

New Delhi [India], July 12 (ANI): International Cricket Council (ICC) chairman Jay Shah lauded Italy and the Netherlands after both...

SUDAN-NORTH DARFUR-EL FASHER-MILITARY CONFLICT-DISPLACEMENT-CHILDREN
SUDAN-NORTH DARFUR-EL FASHER-MILITARY CONFLICT-DISPLACEMENT-CHILDREN

(250711) -- EL FASHER (SUDAN), July 11, 2025 (Xinhua) -- A woman prepares food for children at a displacement camp in El Fasher, North...

MEA report 2024 highlights India's key diplomatic engagements, achievements
MEA report 2024 highlights India's key diplomatic engagements, achievements

New Delhi [India], July 12 (ANI): The Ministry of External Affairs (MEA) has released its annual report for 2024, highlighting India's...

High winds lead to 'frustrating day' at LIV Golf Andalucia
High winds lead to 'frustrating day' at LIV Golf Andalucia

(Photo credit: Bill Streicher-Imagn Images) Australia's Cameron Smith and England's Lee Westwood were in a five-way tie for the lead...

Italy script history, qualify for T20 World Cup 2026; Netherlands earn a spot as well
Italy script history, qualify for T20 World Cup 2026; Netherlands earn a spot as well

The Hague [Netherlands], July 11 (ANI): Italy made history after securing qualification for the 2026 Men's T20 World Cup in India and...