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Wix president: We still see ourselves as small
After seeing its share price drop recently on concerns that the company could be hurt from the development of artificial intelligence (AI), website building platform Wix (Nasdaq: WIX) posted better-than-expected results…
Nine dead in northern Italy floods, Formula One race called off By Reuters
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© Reuters. Firefighters and rescue workers next to boats during rescue operations in Faenza, Italy, after floods hit northern Italy's Emilia-Romagna region, in this photo posted May 17, 2023. Vigili del Fuoco/Handout via REUTERS…
China loans pushing world’s poorest countries to brink of collapse
A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China.An Associated…
Singapore proptech Simpple downsizes proposed IPO to $7M (Pending:SPPL)
DariaRen/iStock via Getty Images Singapore-based proptech Simpple (SPPL) has narrowed its proposed initial public offering in the US to $7 million from $9 million. Simple said in the SEC file It is now looking to offer 1.6 million…
Live news: Global chipmakers signal plans to expand in Japan
From left: Intel Chairman Patrick Gelsinger, Japanese Economy Minister Yasutoshi Nishimura, Japanese Prime Minister Fumio Kishida, TSMC President Mark Liu, and Micron President Sanjay Mehrotra on…
Montana’s TikTok ban raises legal and technical questions
Montana Gov. Greg Gianforte on Wednesday signed a first-of-its-kind law that makes it illegal for TikTok to operate in the state, setting up a potential legal battle with the company amid a series of questions about whether the state can…
Four counties hold 55pc of all bank branches in Kenya
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Four counties own 55% of all bank branches in Kenya
Thursday, May 18, 2023
Graphic | Stanislaus Manthey | NMG
Four counties account for more than half of all bank branches in Kenya, revealing the concentration of…
Having a diverse workforce is not only right, but good for business
In recent years, more and more companies are realizing that having a diverse workforce is not only the right thing to do, but also good for business.
Not only does a greater range of perspectives lead to more creative and innovative…
Trudeau Pushing Ontario to Pay Up for Stellantis Deal, Premier Says
breadcrumb links PMN Business Canadian Prime Minister Justin Trudeau's government is unfairly demanding that Ontario pay more to subsidize an electric vehicle battery plant at the "eleventh hour," the provincial premier…
Shekel strengthens ahead of next week’s BoI rate call
The shekel was rising today against the dollar and the euro. In inter-bank transactions this afternoon, the shekel exchange rate against the dollar decreased by 0.41%, at 3.646 / dollar, and the shekel price against the…
