Online message board platform Reddit Inc said on Thursday it is launching a new Discover tab that will feature photos and videos from across the site to make its mobile app more visually appealing. The new feature comes after Reddit confidentially filed for an initial public offering in December. The […]
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JAKARTA : Indonesia on Tuesday sold 9 trillion rupiah ($626.52 million) worth of Islamic bonds in an auction, below target, the finance ministry said, noting that the sale drew bids totalling 33.5 trillion rupiah. ($1 = 14,365.0000 rupiah)
UNICH: The United States and its allies will impose “significant and unprecedented” economic measures against Russia if it attacks Ukraine, US Vice President Kamala Harris said today. “National borders should not be changed by force,” she said at the Munich Security Conference. “I can say with absolute certainty if Russia […]
FRANKFURT: Germany’s Lufthansa group is suspending flights to and from the Ukrainian cities of Kyiv and Odessa, a spokesperson said on Saturday (Feb 19) amid growing fears of a possible Russian invasion. The company, which owns Germany’s flagship carrier as well as Eurowings, Swiss, Brussels and Austrian Airlines, will conduct […]
PARIS: Renault is looking at creating separate divisions for electric and combustion engine cars, an idea other automakers have resisted in case it weakens their ability to use profits from polluting vehicles to fund a cleaner future. The French automaker announced its “strategic studies” on Friday (Feb 18) as it […]
LONDON : Volta Trucks said on Friday that it had raised 230 million euros ($260 million) in Series C funding round, which will finance it through the launch of series production of its Volta Zero electric truck in late 2022. Stockholm-based Volta Trucks, which also operates in the UK, said […]
DETROIT: Nissan Motor Co said on Thursday (Feb 16) it will invest US$500 million to retool its US assembly plant near Canton, Mississippi, to build two new electric vehicles, part of the Japanese automaker’s US$18 billion program to expand its electric vehicle fleet through 2030. Nissan said it plans to […]
NEW YORK : A team of quantum computing engineers from JPMorgan Chase & Co, Toshiba Corp and Ciena Corp say they have successfully shown that a powerful, newly-developed encryption network can be used to protect communications on the blockchain, according to a paper published Thursday. The group of researchers say […]
KUALA LUMPUR: Public Bank Bhd’s PBe QR service can now be used to make instant payments via DuitNow QR Cross Border Payment between Malaysia and both Indonesia and Thailand. The bank said this would allow its customers traveling abroad to transact conveniently with merchants in Indonesia and Thailand using Public […]
LONDON: Britain’s annual inflation rate rose in January to 5.5 per cent, the highest level for almost 30 years, official data showed today, heaping more pressure on the cost of living. The Consumer Prices Index (CPI) edged up from 5.4 per cent in December, the Office for National Statistics confirmed […]