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Business

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SpaceX seeks $75 billion raise in unprecedented public debut
SpaceX seeks $75 billion raise in unprecedented public debut

NEW YORK CITY, New York: Elon Musk's SpaceX is planning an unprecedented stock market debut, aiming to raise a record US$75 billion...

Microsoft unveils AI-designed quantum chip, eyes 2029 debut
Microsoft unveils AI-designed quantum chip, eyes 2029 debut

SAN FRANCISCO, California: Microsoft said it expects to have commercially useful quantum computers by 2029 after unveiling a new quantum...

Dangote eyes global jet fuel market amid export surplus
Dangote eyes global jet fuel market amid export surplus

LONDON, U.K.: Nigeria's Dangote refinery has built up a significant surplus of jet fuel and is well-positioned to supply markets around...

Markets crater: Dow, S&P 500, dive tumble as Iran conflict flares up
Markets crater: Dow, S&P 500, dive tumble as Iran conflict flares up

NEW YORK, New York - Wall Street suffered a dramatic sell-off on Wednesday as a new outbreak of hostilities in the U.S.-Iran conflict...

Job openings surge in April as hiring weakens across sectors
Job openings surge in April as hiring weakens across sectors

WASHINGTON, D.C.: U.S. job openings rose unexpectedly in April, reaching their highest level in nearly a year, but economists cautioned...

Solomon sees consumer shifts if energy-driven inflation rises
Solomon sees consumer shifts if energy-driven inflation rises

NEW YORK CITY, New York: Goldman Sachs CEO David Solomon said consumers could begin changing their spending habits in the second half...

Africa

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Women, the worst casualties in Sudan’s ongoing war, UN says
Women, the worst casualties in Sudan’s ongoing war, UN says

KHARTOUM, Sudan: The United Nations says sexual violence has become one of the main features of the war in Sudan, which is now in its...

Dangote eyes global jet fuel market amid export surplus
Dangote eyes global jet fuel market amid export surplus

LONDON, U.K.: Nigeria's Dangote refinery has built up a significant surplus of jet fuel and is well-positioned to supply markets around...

El Niño could raise temperatures to extreme highs, UN predicts
El Niño could raise temperatures to extreme highs, UN predicts

GENEVA, Switzerland: The United Nations weather agency said on June 2 that a moderate or possibly strong El Niño could develop, which...

Moderna among groups funded to fight Ebola outbreak
Moderna among groups funded to fight Ebola outbreak

GENEVA, Switzerland: Global health organization CEPI has committed roughly $60 million to accelerate the development of vaccines against...

Hyderabad: Sudanese national isolated, shifted to Gandhi Hospital after detecting fever at airport amid Ebola scare
Hyderabad: Sudanese national isolated, shifted to Gandhi Hospital after detecting fever at airport amid Ebola scare

Hyderabad (Telangana) [India], June 4 (ANI): Amid the Ebola scare, a Sudanese national who arrived at Hyderabad's Rajiv Gandhi International...

Global economic fragmentation spreads to allies, costing up to $307 billion annually: WEF report
Global economic fragmentation spreads to allies, costing up to $307 billion annually: WEF report

New Delhi [India], June 4 (ANI): Geoeconomic fragmentation has reached a critical turning point, accelerating through 2025 and 2026...

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