Author: Correspondent (Correspondent )

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US avails US$20bn to boost chip production
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US avails US$20bn to boost chip production

The White House unveiled almost US$20 billion in new grants and loans on Wednesday to support Intel’s US chip-making facilities, marking the Biden administration’s largest funding announcement yet as it tackles China’s dominance of the crucial technology. 

ECN rejects UPM-NEFC marriage proposal
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ECN rejects UPM-NEFC marriage proposal

THE Electoral Commission of Namibia (ECN) has rejected the United People’s Movement and National Empowerment Fighting Corruption’s application to contest the upcoming Presidential and National Assembly elections as an alliance, under an umbrella called Alliance Christian Democratic Organisation (ACDO).

UK inflation slows  to lowest level
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UK inflation slows to lowest level

Britain’s annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates in the coming months. Inflation reached 3.4% last month – the lowest level since September 2021 – after hitting 4.0% in January, according to the Office for National Statistics.