Bank of Japan raises interest rate to 0.25%, cuts bond purchases in major policy shift
The Bank of Japan (BoJ) has increased its benchmark interest rate to 0.25% and announced plans to halve its monthly bond purchases, marking a significant…
Category: BUSINESS
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The huge challenges in creating fusion power plant
The project to build a nuclear fusion reactor in Nottinghamshire has been described as the “UK’s Nasa moment”. But beyond the optimism of an event showcasing…
Namibia turns the visa tables on Western nations
Namibian Michelle Nehoya has spent nearly $500 (£390) on the application process for a visa to visit Canada – but almost two years later it…
How AI is fuelling uncertainty for game developers
“I’m very aware that I could wake up tomorrow and my job could be gone,” says Jess Hyland. The video game artist says the industry…
What is ‘AI washing’ and why is it a problem?
Amazon received critical headlines this year when reports questioned the “Just Walk Out” technology installed at many of its physical grocery stores. The AI-powered system…
Mark Zuckerberg says Threads social media app has 175m users
Threads, Meta’s social media app designed to take on Elon Musk’s X, has hit 175 million monthly active users just ahead of the first anniversary…
EU hits Chinese electric cars with new tariffs
The European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc’s motor industry. The new tariffs on individual…
Elon Musk in China to discuss enabling Full Self Driving
Elon Musk is visiting Beijing with media reports saying he aims to discuss enabling autonomous driving mode on Tesla cars in China. Mr Musk wants…
China warns US not to step on its ‘red lines’
Chinese Foreign Minister Wang Yi has cautioned his US counterpart Antony Blinken against stepping on China’s “red lines”, as the two country’s top diplomats met…
The ex-flight attendant who became the first female boss of Japan Airlines
When Mitsuko Tottori was named as the new boss of Japan Airlines (JAL) in January, it sent a shockwave across the country’s corporate sector. Not only was…