Business news

Business

Stablecoins are gaining ground as digital currency in Africa: How to avoid risks

A notification popped up on my LinkedIn the other day: Africans were doing a traditional celebratory dance at the Africa Stablecoin summit in Johannesburg.

Internet

Meta urges Australia to change teen social media ban

Tech giant Meta urged Australia on Monday to rethink its world-first social media ban for under-16s, while reporting that it has blocked more than 544,000 accounts under the new law.

Business

U.S. nuclear energy growth faces critical challenges in uranium fuel supply chain

The vision of a U.S. nuclear power renaissance has a blind spot—uranium fuel—in the near term and long, according to a Stanford University-led industry meeting.

Business

Chinese AI unicorn MiniMax soars 109 percent in Hong Kong debut

Shares in Chinese AI startup MiniMax soared 109% as it went public in Hong Kong on Friday, raising US$619 million in a sign that strong investor demand is rewarding the country's rapidly developing sector.

Business

Elon Musk's xAI to build $20 billion data center in Mississippi

Elon Musk's artificial intelligence company xAI is set to spend $20 billion to build a data center in Southaven, Mississippi, Gov. Tate Reeves announced Thursday, calling it the largest private investment in the state's history.

Business

Startups go public in litmus test for Chinese AI

Leading Chinese artificial intelligence startup Zhipu AI soared as it went public in Hong Kong on Thursday, a day before rival MiniMax also makes its market debut in a litmus test for the country's rapidly developing sector.

Business

Nvidia CEO praises robots as 'AI immigrants'

Nvidia chief executive Jensen Huang described robots as "AI immigrants" on Tuesday, arguing they could solve a global labor shortage that is hampering manufacturing.

Business

What will 2026 look like for the UK's electric vehicle market?

In the UK, as in many other countries, the shift towards electric vehicles (EVs) has been rapid. Incentives, increased choice and some positive PR took the electric car sales to nearly 500,000 vehicles in 2025—around 24% ...

Business

China's BYD logs record EV sales in 2025

Chinese auto giant BYD sold 2.26 million electric vehicles last year, a company statement showed Thursday, setting a new record for any firm globally.