1. Home
  2. Business

Category: Business

Australia just made a billion-dollar bet on building the world’s first ‘useful’ quantum computer in Brisbane. Will it pay off?

Australia just made a billion-dollar bet on building the world’s first ‘useful’ quantum computer in Brisbane. Will it pay off?

The Australian government has announced a pledge of approximately A$940 million (US$617 million) to PsiQuantum, a quantum computing start-up company based in Silicon Valley. Half of the funding will come from the Queensland government, and…

Read More
Oil down on Middle East talks while investors await Fed meeting By Reuters

Oil down on Middle East talks while investors await Fed meeting By Reuters

By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) -Oil edged lower on Tuesday after U.S. data showed healthy crude output and exports, extending losses prompted on Monday by hopes of an Israel-Hamas ceasefire, while…

Read More
Uganda’s tax system isn’t bringing in enough revenue, but is targeting small business the answer?

Uganda’s tax system isn’t bringing in enough revenue, but is targeting small business the answer?

Uganda, with a fiscal deficit of 5.6% in 2023, has increasingly turned to local resources to make up for its revenue shortfall since the World Bank suspended its funding on 8 August 2023 over the…

Read More
Think all chemicals are bad? From our food to your phone, modern life relies on them

Think all chemicals are bad? From our food to your phone, modern life relies on them

The icebreaker of many a barbeque conversation is something like “what do you do for a crust?” “I teach chemistry at university,” is what we usually reply. Then silence. Our new friend will usually go…

Read More
Financial stability risks and the FSB’s work program

Financial stability risks and the FSB’s work program

Speech by Klaas Knot, Chair, Financial Stability Board at the CFA Institute Systemic Risk Council Meeting, 26 April 2024 The views expressed in these remarks are those of the speaker in his role as FSB Chair…

Read More
Oil prices inch lower amid Israel ceasefire watch, rate jitters By Investing.com

Oil prices inch lower amid Israel ceasefire watch, rate jitters By Investing.com

Investing.com– Oil prices fell slightly in Asian trade on Tuesday, extending declines from the prior session as focus remained on any progress in ceasefire talks between Israel and Hamas. Growing expectations of higher-for-longer U.S. interest…

Read More
Gum arabic from Africa’s acacia trees in the Sahel is used in hundreds of products: what’s worth knowing

Gum arabic from Africa’s acacia trees in the Sahel is used in hundreds of products: what’s worth knowing

The conflict in Sudan has turned attention to a rarely discussed commodity: gum arabic. This product, the dried sap of certain species of acacia trees, is used mainly as an additive in the soft drinks…

Read More
FSB Asia Group discusses enhancing cross-border payments and risks arising from artificial intelligence and climate change

FSB Asia Group discusses enhancing cross-border payments and risks arising from artificial intelligence and climate change

Press enquiries: +41 61 280 8477 [email protected] Ref: 10/2024 The Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG Asia) met today in Colombo. Members discussed recent financial market developments and vulnerabilities…

Read More
Oil prices slide on Middle East peace talks; Fed decision awaited By Investing.com

Oil prices slide on Middle East peace talks; Fed decision awaited By Investing.com

Investing.com–Oil prices drifted lower Monday as peace talks between Israel and militant group Hamas in Cairo tempered fears of a wider conflict in the Middle East disrupting supplies, but losses were limited by caution ahead…

Read More
We spent 2 years in deep underground caves to bring this extraordinary fossil to light

We spent 2 years in deep underground caves to bring this extraordinary fossil to light

Pitch-black darkness. Crushing squeezes, muddy passages, icy waterfalls. Bats and spiders. Abseiling over ledges into the unknown. How far would you go for a fossil? On a two-year retrieval mission of nearly 60 hours in…

Read More