Australia accuses YouTube, Apple of ignoring online child abuse
Australia's internet safety regulator has criticised YouTube and Apple for failing to track or respond adequately to reports of child sexual abuse mat...
The State Oil Fund of the Azerbaijan Republic (SOFAZ) will continue buying gold in 2025, aiming to increase its assets to 170 tonnes by April-May.
"SOFAZ is targeting to increase the share of gold in its investment portfolio to 25%," - according to SOFAZ Investment Department Director Farhad Zeynalov.
As of December 31, 2024, the total volume of gold in SOFAZ's investment portfolio was 146.6 tonnes, accounting for 20.6% of the portfolio, valued at $12.4 billion. This means the gold volume could increase by 16% by April-May.
In 2024, SOFAZ purchased 44.8 tonnes of gold, with 41 tonnes already delivered to the country. Zeynalov noted that the price of gold rose 27.2%, from $2,063 to $2,624 per troy ounce in 2024.
SOFAZ accumulates government revenues from oil and gas sales, tariffs on oil and gas transportation, leasing government property, and other activities. The fund's assets totaled an estimated $60 billion at the end of 2024.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
De-dollarisation, the move away from the U.S. dollar in global trade and finance, is no longer a fringe idea. As geopolitical tensions rise and new financial tools emerge, could this shift really transform the global economy?
Tesla has granted Elon Musk a $29 billion share award as part of a new compensation plan to retain him as CEO while the company shifts focus from electric cars to robotaxis and AI. The move revives elements of a controversial 2018 package previously struck down by a Delaware court.
OPEC+ will increase oil production by 547,000 barrels per day in September after eight members of the organisation held a brief virtual meeting on Sunday. They said the company will continue to accelerate its output hikes to regain market share.
McDonald's plans to significantly expand its investments in artificial intelligence by 2027, with India expected to play a central role in data governance, engineering, and platform development, a senior executive said on Friday.
U.S. President Donald Trump has sharply criticised Federal Reserve Chair Jerome Powell following the central bank’s decision to keep interest rates unchanged.
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