Business

Google’s new AI boss inherits a race to catch OpenAI and Anthropic

Koray Kavukcuoglu is taking charge of Google DeepMind as it tries to keep Gemini competitive with OpenAI and Anthropic.

Vacuum Pump Makers, Producers of Gases Are the New AI Winners

European makers of vacuum pumps, heat exchangers and specialty gases are cementing their spot as lesser-known winners of the artificial-intelligence boom, creating new opportunities for investors wary of more established AI stocks.

Mamdani's regulation that 'angered' Amazon may impose an extra $664 per year fee

Mayor Zohran Mamdani backs a bill requiring delivery firms to directly employ drivers. This legislation faces opposition from companies like Amazon, which warns of job losses. Critics argue the direct-hire mandate will eliminate small…

Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns

Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

US report calls for strengthening parliamentary oversight of Pakistan's public finances

WASHINGTON: A report by the United States State Department has said that Pakistan needs to strengthen parliamentary oversight of public finances by improving the timely disclosure of budget proposals, government debt and other fiscal…

Industry Newspaper announces chair for impact companies awards

Yomi Otubela to chair The Industry Newspaper’s 2026 Companies of Impact awards, recognizing Nigerian businesses driving economic growth and national develo Read More…

Nigeria seeks local cloud capacity to cut data costs

Nigeria aims to expand local cloud capacity to reduce digital service costs, limit capital outflows, and create jobs, boosting its digital economy. Read More: https://punchng.com/nigeria-seeks-local-cloud-capacity-to-cut-data-costs/

AGL Jumps Most in Six Months on Strong Battery Performance

AGL Energy Ltd. shares jumped the most in six months as Australia’s largest power producer’s batteries helped offset declining wholesale electricity prices.

Lagos urges HR executives to reshape workforce for AI era

Lagos State calls on HR executives to lead the charge in restructuring Nigeria’s workforce for an AI-driven economy, ensuring future prosperity and job cre Read More…

Nigeria loses billions exporting raw materials – Report

A new report reveals Nigeria loses billions by exporting raw materials instead of finished products. Discover how weak value chains impact the economy. Read More: https://punchng.com/nigeria-loses-billions-exporting-raw-materials-report/

Toyota ex-chief Okuda, pioneer of the Prius, dead at 93

Air India Pilot Tests Positive for Drugs

The captain of an Air India Ltd. jet that suddenly dropped about 300 feet on a flight last week tested positive for illegal drugs in a second screening, according to people familiar with the matter. Bloomberg's Mihir Mishra shares what the…