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Business

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OpenAI workers look to sell $6B in stock at $500B valuation
OpenAI workers look to sell $6B in stock at $500B valuation

SAN FRANCISCO, California: Current and former staff at OpenAI are preparing to sell nearly US$6 billion worth of shares in a secondary...

Economic slowdown piles pressure on China to spur demand
Economic slowdown piles pressure on China to spur demand

BEIJING, China: China's industrial output growth slowed to its weakest pace in eight months in July, while retail sales also lost momentum,...

Luxury brands see little pushback on price hikes from affluent U.S.
Luxury brands see little pushback on price hikes from affluent U.S.

LONDON, U.K.: For now, America's wealthier consumers appear unfazed by price increases on high-end products, from Birkenstock sandals...

Indian PM vows to protect farmers amid rising US-India trade tensions
Indian PM vows to protect farmers amid rising US-India trade tensions

NEW DELHI, India: On August 15, Prime Minister Narendra Modi used his Independence Day address to call for greater national self-reliance,...

Costco cites low demand in decision to end mifepristone sales
Costco cites low demand in decision to end mifepristone sales

ISSAQUAH, Washington: Costco Wholesale will end sales of the abortion pill mifepristone at all of its more than 500 U.S. pharmacy locations,...

Accenture’s largest cyber deal: $650 million acquisition of CyberCX
Accenture’s largest cyber deal: $650 million acquisition of CyberCX

DUBLIN, Ireland: Accenture announced it will acquire Australian cybersecurity provider CyberCX, which it says will be its largest-ever...

Africa

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MADAGASCAR-ANTANANARIVO-SADC SUMMIT
MADAGASCAR-ANTANANARIVO-SADC SUMMIT

(250818) -- ANTANANARIVO, Aug. 18, 2025 (Xinhua) -- Participants pose for a group photo during the 45th Ordinary Summit of the Southern...

Security first, but whats next Russia is changing the game in Africa
Security first, but whats next Russia is changing the game in Africa

Moscow steps up its support for the Sahel nations aiding them in securing sovereignty, particularly through advancements in e-governance...

Security first, but what's next? Russia is changing the game in Africa
Security first, but what's next? Russia is changing the game in Africa

Moscow steps up its support for the Sahel nations aiding them in securing sovereignty, particularly through advancements in e-governance...

Not just military instructors: What Moscow is up to in this hot place
Not just military instructors: What Moscow is up to in this hot place

Russia steps up its support for the Sahel nations aiding them in securing sovereignty, particularly through advancements in e-governance...

(Hello Africa) Namibian students gain firsthand experience with traditional Chinese medicine
(Hello Africa) Namibian students gain firsthand experience with traditional Chinese medicine

What began as curiosity -- and a touch of culture shock -- ended with newfound confidence in traditional Chinese medicine (TCM) for...

Putin shares outcomes of Alaska talks with South African president
Putin shares outcomes of Alaska talks with South African president

The Kremlin says Cyril Ramaphosa has expressed support for diplomatic efforts to resolve the Ukraine conflict Russian President Vladimir...

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