Thailand’s Supreme Court said former Prime Minister Thaksin Shinawatra must serve a one-year prison term for previous convictions. The court was investigating whether officials had mishandled his return to Thailand in 2023 to begin serving the sentences. Following his return to Thailand after more than a decade of living in self-exile, Thaksin was sent to…
Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of AI,” said artificial intelligence will spark a surge in unemployment and profits. In a wide-ranging interview with the Financial Times, the former Google scientist cleared the air about why he left the tech giant, raised alarms on potential threats from AI,…
News Corporation ("News Corp" or the "Company") (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today announced that the trustee and beneficiaries of the Murdoch Family Trust ("MFT") informed the Company that they have reached a mutual resolution of the legal proceedings in Nevada related to the MFT, resulting in the termination of all litigation. New trusts…
• Advocates regional trade integration as a way forward By Obinna Uballa Former two-term Nigerian president and erstwhile military Head of State, Chief Olusegun Obasanjo, has called on African nations to reduce dependence on global financial institutions such as the International Monetary Fund (IMF) and World Bank, insisting that they were not created to serve…
By Abiola Olawale President Bola Tinubu has announced the sacking of Fegho John Umunubo, the Special Assistant on Digital and Creative Economy in the Presidency, attached to the Office of the Vice President. The announcement came via an official statement from Abiodun Oladunjoye, Director of Information and Public Relations at the State House. According to…
By Obinna Uballa France was thrown into fresh political uncertainty on Monday after lawmakers overwhelmingly voted to topple Prime Minister Francois Bayrou’s government in a dramatic confidence vote. The move now forces President Emmanuel Macron to hunt for a fourth premier in less than a year. Bayrou, 74, lost the high-stakes vote by 364-194, a…
• EchoStar's Shares Surge in pre-market trading By Obinna Uballa Elon Musk’s SpaceX has purchased $17 billion worth of spectrum licenses from United States operator EchoStar, in a strategic move to enhance its Starlink direct-to-cell network, the two companies announced in a joint statement on Monday. The agreement will allow Boost Mobile subscribers under EchoStar…
By Nduka Nwosu ARCO Plc GMD/CEO Engineer Alfred Okoigun recently presented awards to deserving winners in science, technology, and mathematics: (STEM) at the last Nigerian Diaspora National Merit Awards ceremony. This event presented an opportunity to recall ARCO's decades of campaign to elevate science and technology, which came to a peak as the Nigerian Excellence…
Analysts predict oil prices could fall below $60 per barrel by the end of the year and potentially into the mid-$50s next year due to an anticipated market oversupply. OPEC+ has begun rolling back its production cuts, returning 137,000 barrels per day to the market in October, contributing to the expected oversupply. The market consensus…