Business and Economy

Business and Economy Latest News

AI chip giant Nvidia crushes expectations as profits soar
AI chip giant Nvidia crushes expectations as profits soar
by  AFP

US chip giant Nvidia, whose products play a crucial role in artificial intelligence systems, crushed expectations on Wednesday, as the AI frenzy continues to lift the tech sector. Nvidia's quintessential position in delivering artificial intelligence has made it a bellwether on the generative AI frenzy that took hold of the tech world after the release of ChatGPT late last year.

IMF approves $7.5 billion for Argentina despite poor progress
IMF approves $7.5 billion for Argentina despite poor progress
by  AFP

The International Monetary Fund's (IMF) executive board has approved a $7.5 billion disbursement for Argentina despite Buenos Aires missing key financial targets as it grapples with a prolonged economic crisis, the IMF said Wednesday.

Hollywood CEOs, striking writers at impasse after new talks
Hollywood CEOs, striking writers at impasse after new talks
by  AFP

The latest meeting between Hollywood's striking screenwriters and top executives from Disney, Universal, Warner Bros. and Netflix ended in an impasse, the writers' union has said. The presence at Tuesday's meeting of top CEOs including Disney's Bob Iger and Netflix's Ted Sarandos, along with Donna Langley, chairman of Universal and Warner Bros.'s David Zaslav, wasn't enough to make a deal happen.

Energy

Money

Industry

Technology

Economy