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The AI cloud company reported $582.3 million in quarterly revenue, up 454% from a year earlier, as demand for computing capacity grew
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South Africa’s economic activity bounced back in July, offering a small sign of resilience despite continued weakness in the jobs market.
‘It can have a negative impact on those ordinary South Africans, even though they are targeting wealthy taxpayers who are trying to use a loophole,’ says tax attorney Reinert van Rensburg.
As Apple’s lead iPhone assembler, contract manufacturing company Foxconn long made more than half of its revenue from the Cupertino company.
Appealing a single-judge order, the mining major argues the government cannot ignore its 2017 Extension Policy to seek higher revenue from the Cambay Basin block without formally amending the rules.
WASHINGTON — U.S. consumer prices increased slightly in July, potentially weakening the argument for an interest rate increase from the Federal Reserve next month.
The US consumer price index rose by 0.2% which was bang in line with forecasts. Prices rose by 2.5% from a year earlier, matching the slowest pace since March 2021.