A lingering cash crunch in Nigeria, which saw long lines of customers at banks and cash dispenser machines was easing on Wednesday after the central bank reissued old naira notes back into circulation.. Buhari in February allowed a smaller note of old 200 naira to re-circulate to ease the scarcity, but problems persisted. joa/pma/bp
The United States and South Korea have sought the extradition from Montenegro of fugitive cryptocurrency entrepreneur Do Kwon, the country's minister of justice said Wednesday, just days after he was arrested in the Balkan nation. . "A meeting was held with diplomatic representatives of Korea, after which Korea handed over an extradition demand," justice minister Marko Kovac told reporters in Podgorica, adding that "the extradition of Do Kwon was requested also by the US." The minister did not offer any hints on where Kwon ultimately would be sent.
A rare, vividly rosy-purple diamond, called the Eternal Pink and valued at $35 million, is set to be auctioned off by Sotheby's as part of its Magnificent Jewels sale in New York in June.. The 10.57-carat stone is being marketed as the most valuable purplish-pink diamond ever brought to auction, with the highest ever pre-auction price per carat estimate, according to Sotheby's.
Billionaire mogul Elon Musk and a range of experts called on Wednesday for a pause in the development of powerful artificial intelligence (AI) systems to allow time to make sure they are safe.. "Therefore, we call on all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4."
Spain's competition watchdog has launched an investigation into Google for alleged anti-competitive practices affecting news agencies and press publications.. "Specifically, these practices consist of the possible imposition of unfair commercial conditions on publishers of press publications and news agencies established in Spain for the exploitation of their copyrighted content," it added.
Alibaba, China's biggest e-commerce company, has announced plans to split its business into six groups, in one of the most significant overhauls of a leading Chinese tech firm to date.. "Alibaba's shakeup plan may also lead investors to think of the potential for other tech firms like Tencent to follow suit."
Twitter has temporarily restricted Marjorie Taylor Greene's congressional account after the US lawmaker tweeted a graphic that referred to a "Trans Day of Vengeance" following the school shooting in Nashville.. "My Congressional account was suspended for 7 days for exposing Antifa, who are organizing a call for violence called 'Trans Day of Vengeance.'
An apprenticeship at a steelmaker brought Steven Maillot from the French island of Reunion in the Indian Ocean to Eisenhuettenstadt in Germany, a stone's throw from the Polish border.. - Trainee challenge - The model city of Eisenhuettenstadt, built under socialism to serve the steelworks, is a far cry from Reunion.
Sergio Ermotti will return as CEO of Swiss banking giant UBS to pilot the controversial acquisition of troubled rival Credit Suisse, its board announced Wednesday.. UBS and Credit Suisse were both among the 30 banks around the world deemed too big to fail and therefore considered Global Systemically Important Banks.
Two Rolexes that carried "sentimental" value for actor Paul Newman will be auctioned as part of a broad collection of the late icon's personal effects, with the timepieces each expected to earn up to $1 million.. Another Rolex that belonged to Newman, who died in 2008, was sold by New York auction house Phillips for a staggering $17.8 million in 2017, a world record for a wrist watch. af-mlm/st
