In the ever-evolving world of global payments, Mastercard isn’t just going with the flow; they’re orchestrating it with the power of AI. Mastercard and AI to the Rescue Thanks to Mastercard, there’s more fumbling for financial institutions. Fresh from yet another partnership, the card giant has turned to AI to thwart payment disruptions and build…
Emotional rollercoaster in the markets Last week, we got some risk aversion in the market as the tensions in the Middle East intensified. In fact, going into the weekend the bearish momentum increased as ABC news reported that the Israeli military got the “green light” to move into Gaza whenever it was ready. Since we…
IO Biotech Announces Encouraging Preliminary Data from Phase 2 Trial Overview IO Biotech, a clinical-stage biopharmaceutical company, recently shared promising preliminary data from its Phase 2 basket trial of IO102-IO103 in combination with Merck’s anti-PD-1 therapy KEYTRUDA® at the ESMO Congress in Madrid. This collaboration, known as IOB-022/KN-D38, is a significant step forward in the…
Welcome back, Kingfisher Project! In a Blaze of Determination In a blaze of determination, The Petroleum Authority of Uganda (PAU) has triumphantly lifted the suspension shrouding the Kingfisher Development Area (KFDA) in Kikuube district. A week-long hiatus, triggered by a tragic mishap, came to a resounding close as operations roared back to life. The sorrowful…
Governments Urged to Impose Global Minimum Tax on Billionaires By Leigh Thomas PARIS (Reuters) – Governments around the world are being called upon to take action against tax evasion by imposing a global minimum tax on billionaires. According to the EU Tax Observatory, this measure could potentially generate $250 billion annually. This amount is a…
The Wall Street Journal’s Report on GroupM Raided by Chinese Police Introduction The Wall Street Journal recently reported that Chinese police have raided the Shanghai offices of GroupM, a media-investment group and unit of London-based advertising behemoth WPP. Shanghai police’s economic crimes investigation division stated that three suspects at an unnamed advertising company had been…
Oil prices slide amid conflict between Israel and Hamas Affecting Global Markets and Supply Chains Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain a conflict between Israel and the Palestinian Islamist group Hamas. The tensions have raised concerns about a potential wider confrontation in the oil-rich…
Two By-Elections in Japan: A Tale of Unexpected Results The By-Elections There were two by-elections in Japan on Sunday: one for a lower house seat and one for an upper house seat. The ruling Liberal Democratic Party (LDP) won the lower house (House of Representatives) seat but lost in the House of Councillors poll, which…
