On Jan. 31, a court in Miami entered the final in a series of consent decrees, permanently barring 10 individuals and entities from operating a scheme to steal funds from thousands of bank accounts belonging to consumers and small businesses across the United States. In a civil complaint unsealed on Dec. 11, 2023, the Justice […]
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ONGC NTPC Green Private Limited (ONGPL) has taken a significant step towards expanding its renewable energy portfolio with the acquisition of Ayana Renewable Power for INR 195 billion ($2.3 billion). This strategic deal, marking ONGPL’s first acquisition, aligns with India’s ambitious renewable energy goals, including achieving 500 GW of renewable capacity by 2030 and net-zero […]
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Ingka Group, the retail giant behind IKEA, has unveiled a bold Net Zero Transition Plan aimed at reducing its carbon emissions by 50% by 2030. The plan, which aligns with the Paris Agreement’s 1.5°C target, sets out a detailed roadmap for decarbonizing its operations and value chain by FY30, with the goal of reaching net […]
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Several civilians were killed in an airstrike by the Nigerian military targeting rebels in the northwest region, authorities confirmed on Monday. The strike, carried out by the Nigerian Air Force in Katsina State’s Safana area, was a response to a recent attack on a police division by rebels. While the exact number of casualties has […]
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African leaders have given the green light to a groundbreaking initiative aimed at preventing debt crises across the continent. The African Financial Stability Mechanism (AFSM), a $20 billion fund, has been approved to help cushion economies against financial instability before it escalates. The fund, spearheaded by the African Development Bank (AfDB), will be able to […]
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The transformative world of Generative AI (GenAI), which refers to artificial intelligence systems capable of creating new content such as text, images, or music that is similar to human-generated content, has become integral to innovation, powering the next generation of AI-enabled applications. At Grab, it is crucial that every Grabber has access to these cutting-edge […]
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Beyond the UN, it affects people’s daily lives in many ways. It helps reduce conflicts, grow our economies, and allows us to travel safely around the world. It’s also crucial for tackling big global problems like climate change and unregulated artificial intelligence. What does “multilateral” actually mean? Originally, “multilateral” was a geometry term meaning […]
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Ireland is set to advance the development of nearly 3,000 new homes over the next three years, as part of a broader housing strategy aimed at addressing the country’s affordability crisis. Public Expenditure Minister Jack Chambers has given approval for €450 million in funding, which will be allocated to the Department of Housing for the […]
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xAI, Elon Musk’s AI venture, has launched its highly anticipated Grok 3, promising significant advancements over previous AI models. According to the company, Grok 3 outperforms major competitors, including Google’s Gemini, DeepSeek’s V3, Anthropic’s Claude, and OpenAI’s GPT-4, particularly in the areas of math, science, and coding. During a live-streamed presentation on Monday, Musk, alongside […]
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UN Secretary-General António Guterres has called for continued dedication to the Gaza ceasefire agreement, following the successful release of three Israeli hostages in exchange for 369 Palestinian prisoners. The exchange took place on Saturday, marking a key moment in the first phase of the ceasefire deal, which began on January 19 and is set to […]
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