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Mastercard’s decision to withdraw from Russia crimps revenue in…

Mastercard said Thursday that its decision to suspend its operations in Russia caused a revenue loss in the first quarter of $30 million. "Russia’s invasion of Ukraine marked a somber start to 2022 as war returned to Europe for the first time in decades,” said CEO Michael Miebach in a written statement. The company published its first quarter…

Inflation to remain high in 2022 with rising food, fuel prices:…

Inflation is expected to remain high in most of the world during 2022, due to rising food and fuel prices and supply chain disruptions, Moody's said Monday. The global rating agency said in a report that it anticipates inflation to moderate in the second half of 2023. "We forecast inflation to stay above pre-pandemic rates in 2022, driven by…

Elon Musk may build a new social media platform

Tesla Inc Chief Executive Officer Elon Musk said on Saturday that he is giving "serious thought" to creating a new social networking platform. Musk was replying to a Twitter user's question whether he would consider creating a social media platform based on an open source algorithm that prioritised free speech and minimised propaganda. Musk,…

British company plans to launch studio in space in 2024

The UK-based Space Entertainment Enterprise (SEE) has announced that it plans to launch a film studio in space in 2024. "The space station module will be built by Axiom Space, the leader in human spaceflight services and human-rated space infrastructure," the company said in a press release on Thursday. The studio, named SEE-1, will be the world's…

88-year-old woman becomes first UK patient to receive…

The successful surgery apparently means that now there is a ray of hope for an estimated five million people across the globe who have sight loss caused by age-related macular degeneration, or AMD. A 2-mm-wide microchip has been successfully inserted by surgeons under the retina of an 88-year-old woman from East London, who became the first British…

Fires continue to rage across Argentina

Forest fires continue to rage across Argentina, with high temperatures and winds helping them to spread, authorities said Wednesday. According to the National Fire Management Service (SNMF), the provinces of Corrientes, Córdoba, Misiones and Río Negro have active fires. But authorities said they have managed to control some outbreaks…

Three lions, two pumas contract COVID-19 in South African zoo

Three lions and two pumas were confirmed to be afflicted with the coronavirus, according to a recent study in South Africa. Researchers from the University of Pretoria began investigating the lions and pumas at an unnamed private zoo in Johannesburg after the lions showed respiratory problems, runny noses, and a dry cough. They discovered that…

World’s oldest man passes away at 112 in Spain

The world's oldest man died on Tuesday at the age of 112 in Spain, where he was born and lived. Saturnino de la Fuente Garcia passed away at his house at the age of 112 years and 341 days, Guinness World Records announced on its website. Garcia had been declared the ​​​​​​​world's oldest living man at precisely 112 years and 211 days in September…

SuperSol founder Aleem Ahmad becomes social media influencer

"We all have the power of thought - so what are you lacking? If you have willpower, then you can change anything." -- Dalai Lama A leading IT service provider, TheSuperSol has recently launched an IT management software to help organisations in increasing their business agility by automating device management processes and shortening their…

Oldest fossils of modern human just got 40,000 years older, study…

A new study published in scientific journal Nature has pushed back the date of the oldest human fossils from East Africa by close to 40,000 years. The fossils, first discovered in Ethiopia at the Omo Kibish site in 1967, were determined in 2005 to be at least 195,000 years old. The fossils, known as the Omo remains, were a combination of bone and…

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