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DeepSeek-V3 now runs at 20 tokens per second on Mac Studio, and that’s a nightmare for OpenAI.

Chinese AI startup DeepSeek has quietly released a new large language model that’s already sending ripples through the artificial intelligence industry — not just for its cap...

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Big Oil Shrugs at $50 Crude

Exxon is planning to boost its oil production regardless of where international oil prices are heading. This comes from a senior company executive who spoke to Semafor this week....

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Shell CEO’s pay package rises almost 9% to around $11 million.

The pay package for Shell Chief Executive Wael Sawan was 8.6 million pounds ($11.10 million) for 2024 compared with 7.9 million pounds in the previous year, Shell’s annual report...

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Italy’s Iveco targets 1.5 billion euro valuation for defence unit.

Italian truck-maker Iveco is looking to raise as much as 1.5 billion euros ($1.6 billion) from a sale of its defence unit, Bloomberg reported on Friday, as a projected defence spen...

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Ethiopia Reaches Deal to Restructure $8.4 Billion in Debt.

Ethiopia‘s finance ministry announced on Friday that it has achieved a preliminary agreement with its creditors to restructure its debt for $8.4 billion. Starting in 2021, the Ea...

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Barclays beats two lawsuits in US over $17.7 billion issuance blunder.

Barclays won the dismissal on Friday of two U.S. securities fraud lawsuits stemming from the British bank’s unauthorized sale of $17.7 billion more securities than U.S. regulator...

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Türkiye’s strategic expansion in Africa opportunities and challenge.

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  • Digital Marketing

Fund Bets Brent Oil Will Rise Toward $100 as Risk Premium Grows.

One fund is taking on a cheap long-shot bet that Brent crude will climb toward $100 a barrel amid revived tensions in the Middle East, even as industrywide pessimism saw banks acro...

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Iran exports commodities worth $95.3m to Kyrgyzstan in 10 months.

Iran exported commodities valued at $95.322 million to Kyrgyzstan in the first ten months of the current Iranian calendar year (March 20, 2024-January 19, 2025), the spokesperson f...

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The Export-Import Bank of Korea renews USD300 million loan facility to Trafigura to secure supply of battery-related metals

The Export-Import Bank of Korea (“KEXIM”) on February 28 renewed a three-year loan facility (the “Facility”) amounting to USD300 million with Trafigura Pte Ltd (“Trafigur...

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Recent Posts

  • SK Group proposes $10 billion in LNG investments across Vietnam.
  • Shell Set to Add 12 Million Tons of LNG Capacity by 2030.
  • US and China agree framework deal to extend trade war truce
  • Russia says plan to boost role in Africa includes ‘sensitive’ security ties.
  • The US has $36 trillion in debt. What does that mean, and who owns it?

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