Apple acquires edge-based firm Xnor.ai for $200 million
Xnor.ai's software is likely to be adopted into forthcoming iPhones models...
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South Africa slashes interest rates to lowest in four years
The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%...
Mozilla lays off 70 employees on the back of revenue struggle
The organisation is planning to diversify its revenue generation from sources outside of search partnerships...
South Africa reduces cheque limits to boost the use of B2B epayments
Checks can be written below $3,500 to encourage businesses to utilise more epayment options...
EBRD to finance Masdar, Infinity joint projects for up to $60 mn
The joint venture known as Infinity Power will work on renewable energy projects in Africa and Egypt...
UK banks expect rise in demand for credit card borrowing
The Bank of England predicts credit card borrowing by households will increase by 14.3 percent over next three month...
IEA says no impact on oil market despite US-Iran row
Oil prices have fallen after leaping $4 per barrel...
Singapore sees export rebound with 2.4% increase last December
Pharmaceuticals, specialised machinery and non-monetary gold shipments have fuelled export growth in Singapore...
Qatar-aided private bank plans hiring spree eyeing global expansion
Quintet has around €70 billion of assets under management and is a combination of seven boutique wealth management firms...
Citi Singapore adjusts pay for women to bridge gender gap
The bank’s global pay equity review found that women staff did not receive equal compensation for the same task performed...