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Month: September 2024

US trade deficit widens to two-year high on imports

09/04/2024 Ranbiz

WASHINGTON — The U.S. trade deficit widened to the highest level in more than two years in July as businesses likely front-loaded imports in anticipation of higher tariffs on goods, suggesting…

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UN: Workers see dramatic fall in share of global income

09/04/2024 Ranbiz

Geneva — Workers have seen their slice of the global income pie shrink significantly over the past two decades, swelling inequality and depriving the combined labor force of trillions, the U.N.…

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Musk’s Starlink will comply with judge’s order to block X in Brazil

09/04/2024 RanIT

SAO PAULO, brazil — Elon Musk’s satellite-based internet service provider Starlink backtracked Tuesday and said it will comply with a Brazilian Supreme Court justice’s order to block the billionaire’s social media…

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Nigeria struggles to supply gasoline to its consumers

09/03/2024 Ranbiz

Abuja, Nigeria — Barely 48 hours after Nigeria’s state-owned oil company made a startling revelation, hundreds of commuters joined a line stretching many kilometers for fuel at an NNPC outlet in…

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Portable pasteurizer keeps milk disease-free for Kenyan, Rwandan dairy farmers

09/03/2024 Ranbiz

Nairobi — Kenyan officials have long pushed for milk to be pasteurized before it reaches the marketplace, but much of the milk sold is not pasteurized because small-scale vendors and producers…

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Report: EU chief to hand economy job to Italy’s far-right 

09/03/2024 Ranbiz

Berlin, Germany — EU chief Ursula von der Leyen has made her first picks for her top team, with the key economy vice-president job going to Italy’s far-right nominee, German newspaper…

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US Fed welcomes ‘soft landing’ even if many Americans don’t feel like cheering

09/03/2024 Ranbiz

Washington — When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation…

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Clearview AI fined by Dutch agency for facial recognition database

09/03/2024 RanIT

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China, South Africa agree to seek balanced trade, more investments

09/03/2024 Ranbiz

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Brazil Supreme Court panel upholds judge’s decision to block X nationwide

09/02/2024 RanIT

RIO DE JANEIRO — A Brazilian Supreme Court panel on Monday unanimously upheld the decision of one of its justices to block billionaire Elon Musk’s social media platform X nationwide, according…

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Robot waiters in Kenya create buzz, and concerns about what it means for human labor

09/02/2024 RanIT

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Wall Street Week Ahead — US stock rally broadens as investors await Fed 

09/02/2024 Ranbiz

New York — A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal…

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Wall St Week Ahead — US stock rally broadens as investors await Fed 

09/01/2024 Ranbiz

New York — A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal…

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Algeria joins BRICS New Development Bank 

09/01/2024 Ranbiz

Algiers — Algeria has been approved for membership in the BRICS New Development Bank (NDB), the country’s finance ministry has  announced. The decision was taken on Saturday and announced by NDB…

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Rocket scientists build robot probes to gauge melting beneath Antarctic ice shelf

09/01/2024 RanIT

LOS ANGELES — Engineers who specialize in building NASA spacecraft to explore distant worlds are designing a fleet of underwater robot probes to measure how rapidly climate change is melting vast…

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