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World copper rush promises new riches for Zambia

CAPE TOWN — Five years after becoming Africa’s first Covid-era debt defaulter, Zambia is seeing a dramatic turnaround in fortunes as major powers vie for access to its vast reserves of copper. Surging demand from the artificial intelligence, green energy and defense sectors has exponentially boosted demand for the workhorse metal …

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New world for users and brands as ads hit AI chatbots

PARIS, France — The introduction of advertisements and sponsored content in chatbots has spawned privacy concerns for artificial intelligence (AI) users as brands scramble to stay relevant in a fast-changing online environment. ChatGPT developer OpenAI began showing ads in chatbot conversations for free and low-cost users to start balancing its hundreds …

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WTCMM bags ASEAN MICE Venue Award

World Trade Center Metro Manila (WTCMM) won the ASEAN MICE Venue Award during the ASEAN Tourism Standards Awards 2026, reinforcing its standing as one of the region’s leading exhibition venues. The award was presented at the ASEAN Tourism Forum 2026 held at Nustar Resort. The recognition is given to venues …

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PH banks post bad loan ratio improvement in December 2025

BAD LOAN RATIO. Philippine banks’ non-performing loan ratio improved to 3.08 percent in December 2025 from the previous month’s 3.32 percent, Bangko Sentral ng Pilipinas data show. An economist on Thursday (Feb. 12, 2026) traced this to reductions in the central bank’s key rates and drop in banks’ non-performing loans, which …

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Airbnb forecasts revenue above estimates on premium rentals demand

Airbnb logo is seen in this illustration taken August 5, 2025. REUTERS/Dado Ruvic/Illustration© Thomson Reuters AIRBNB on Thursday became the latest travel company to point to resilient premium demand as budget-conscious customers pull back. Hotel operators Marriott and Hilton, airlines such as United and Delta are banking on resilient demand from …

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Anthropic raises $30B, valuing OpenAI rival at $380B

SAN FRANCISCO, California — Artificial intelligence (AI) company Anthropic said Thursday it raised $30 billion in its latest funding round that values the OpenAI rival at $380 billion, underscoring the breakneck pace of AI investments. The round, led by Singapore sovereign wealth fund GIC and hedge fund Coatue Management, is among the largest …

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