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Japan

SoftBank shares climb again with Arm’s explosive AI rally

[ad_1] SoftBank Group shares surged for a third day on Tuesday, following the explosive rally of its Arm Holdings, the chip designer that has almost doubled in value since making the case last week for how it will benefit from the artificial intelligence (AI) boom.SoftBank’s stock climbed as much as 11% to the highest level since May 2021. SoftBank held onto a stake of about 90% in Arm as it took the company public last year.Arm’s shares rose 29% on […]

todayFebruary 14, 2024

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Africa

Racheal Kundananji: Zambia forward’s path to breaking the women’s transfer record

[ad_1] Kundananji's success has required a few career steps.The first significant one was in 2019 with a transfer from Zambia's Indeni Roses to BIIK Kazygurt, the biggest women's club in Kazakhstan.It was a dramatic shift for the then 18-year-old, who was delighted to be earning a guaranteed $1,500 per month - with free accommodation included.She secured a move to Liga F side Eibar in 2021 before her abilities were spotted by Madrid CFF, and it is in the Spanish capital […]

todayFebruary 14, 2024

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Japan

Nikkei surges above 38,000 in 34-year intraday-high

[ad_1] Japan's Nikkei index surged Tuesday, gaining over 1,000 points to briefly trade above 38,000 for the first time in 34 years in a buying spree after a major technology firm revised its profit projections upward. The 225-issue Nikkei Stock Average ended up 1,066.55 points, or 2.89%, from Friday at 37,963.97, its highest close since January 1990. The broader Topix index finished 54.15 points, or 2.12%, higher at 2,612.03, its highest close since February 1990. Tokyo markets were closed on […]

todayFebruary 14, 2024

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Japan

Japan startup creates pigs with organs suitable for human transplants

[ad_1] Japanese startup PorMedTec announced on Tuesday that it has produced three clone piglets that have organs that can be transplanted to humans with less risk of immune rejection, paving the way for future cross-species organ transplants.The piglets, which were born Sunday using cells imported from U.S biotech startup eGenesis, will be provided to medical institutions in Japan for pre-clinical research, the firm said.PorMedTec, a spinoff of Meiji University, imported gene-edited pig cells from eGenesis in September and took their […]

todayFebruary 14, 2024

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Japan

Apollo to Artemis: Why America is betting big on private space

[ad_1] Washington – A private Houston-based company is set this week to lead a mission to the moon which, if successful, will mark America's first lunar landing since the end of the Apollo era five decades ago.Reputation will be on the line when Intuitive Machines' Nova-C spaceship will launch atop a SpaceX rocket on Wednesday, following recent completed touchdowns by China, India and Japan.So why entrust such tasks to the commercial sector, especially after an attempt by another company with […]

todayFebruary 14, 2024

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Japan

IMF and World Bank warn Gaza and Red Sea chaos imperils global economy

[ad_1] Dubai – The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping through the Red Sea pose threats to the global economy.The Israel-Hamas war raging since October has already hit the Middle East and North Africa region's economy, said the International Monetary Fund's managing director, Kristalina Georgieva.Its knock-on effects could impact the world the longer the fighting drags on, Georgieva told the World Governments Summit, an annual gathering of business and […]

todayFebruary 14, 2024

News

Zimbabwe: Zim Kart Racing Team Off to SA

[ad_1] The largest contingent of Zimbabwean kart racers competing in a single race meeting outside of Zimbabwe will leave the country this week and head to Zwartkops international kart track in South Africa for the first African Karting Cup. Jaedon Masiyanise will race in the senior OKN class of the African Karting Cup and Zaydaan Savania will race in the junior OKJ class. They will compete against 40 drivers from nine other African nations and make history by participating in […]

todayFebruary 14, 2024

Entertainment

Zimbabwe: ‘Tunga’ Director At War With Actors Over Production Payments

[ad_1] Producer and director of the popular local television series, "Tunga" has responded to allegations levelled against him by his actors who claim that he is selfish and a liar. Some of the actors have said director Willard Magombeze, affectionately known as 'Slimaz', has not paid them for the past four years, did not treat them fairly, and, is working on another production with monies from "Tunga." In an interview with The Herald Arts, Slimaz said he was surprised with […]

todayFebruary 14, 2024

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