Tag results for: Business

Senegal's newly elected President, Bassirou Diomaye Faye, has made his first visit to a foreign country since his election as President late last month. He has made his visit to Mauritania, in order to discuss an array of different issues facing the two nations. Joint Development President Faye arrived in the Mauritanian capital of Nouakchott on Thursday morning for a "friendship...

According to Bloomberg, Saudi Arabia has scaled back its ambitious plans for a futuristic megacity known as 'The Line', after it has faced a series of delays and additionally faces uncertainty regarding funding for the project. Saudi Arabia's Vision 2030 The Line is just one part, though the largest, of Saudi Arabia's 'Neom' project. Neom aims to diversify the Saudi economy...

What's Happening A month's long dispute between Kenya and Uganda over oil importation licenses has finally come to an end. The dispute between the two nations began when Kenya refused to provide licenses to the Uganda National Oil Corporation (UNOC) in order to allow them to operate locally, and use the oil transportation infrastructure of the Kenya Pipeline Company (KPC) in...

What Happened: An auto-company that owns auto brands including Jeep, Chrysler, Fiat, and Ram has announced its largest investment in Brazil and other regions of South America. The investment is expected to bring 40 new products, expand decarbonization technology, and continue sustainable regional growth, according to the Stellantis website. Stellantis is also aiming to achieve its carbon-net-zero objectives by 2030 with...

What Happened: Elon Musk sued the ChatGPT company "OpenAI", for chasing profits and splitting from its "nonprofit mission." On Tuesday, the company published Musk's emails, where he claims that OpenAI needed to make a lot of money in order to fund the computing resources to power the AI. Some of the emails have been redacted, but Musk claims that the company...