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Flutterwave and Chipper Cash are not licensed to deliver cross-border payment services in Kenya, the country’s central bank Governor Patrick Njoroge has said. Mr. Njoroge disclosed this while addressing journalists on July 28, after the Monetary Policy Committee meeting held on Wednesday July 27. This follows the country’s High Court order on July 7 to freeze bank accounts linked to transactions by Flutterwave for 90 days. The court gave the order on suspicion of Africa’s biggest fintech firm being involved in…

STMicroelectronics expects its factories to run at full steam well into 2023 as the chipmaker's backlog is filled by the car and smartphone industries, prompting it to raise its 2022 outlook and build new production lines. The Franco-Italian group, whose top clients include iPhone maker Apple and electric carmaker Tesla, strongly benefits from a global surge in power-management semiconductors as the auto industry moves to low-emission vehicles and from automation in multiple industries. The war in Ukraine and subsequent…

Last Updated: July 26, 2022, 13:53 ISTFlights to Baku from New Delhi from August (Representative image: Canva)Baku, Azerbaijan's stunning capital, is the best stops on a trip to Europe. This unique city has so much to offer travellers, from beaches to volcanoes and moreAzerbaijan Airliness (AZAL) has begun selling tickets from India to Heydar Aliyev International Airport in Baku, Azerbaijan. The first flight will depart from New Delhi on August 10, 2022. Flights will be operated twice a week, from Baku on Tuesdays and…

Last Updated: July 26, 2022, 12:45 ISTTrain No. 14213 Varanasi-Gonda Express will leave Varanasi at 2:00 pm every day from August 1 and will reach Gonda at 8:10 pm.Passengers travelling to Ayodhya will also benefit from these express trains.North Eastern Railway has decided to run an express train between Varanasi and Gonda. With the introduction of this train, the passengers going to Ayodhya will benefit a lot. The express train will halt at the Ayodhya station on the way from Varanasi and will reach Gonda via Mankapur.…

Last Updated: July 22, 2022, 11:37 ISTOn the return journey, Train No. 14603 Saharsa – Amritsar Weekly Express will leave Saharsa at 4:55 pm every Friday from August 5 and reach Amritsar at 2:40 pm the following day.The step has been taken for the convenience of passengers.The Indian Railways is making some major changes to the Amritsar-Saharsa Weekly Express Train operating between Punjab and Bihar. For the convenience of passengers, it has now been decided to operate this train via Gorakhpur. This will greatly benefit…

Last Updated: July 22, 2022, 11:07 ISTAkasa Air's first Boeing 737 Max aircraft. (Photo: Akasa Air)The carrier had on July 7 received its air operator certificate (AOC) from aviation regulator DGCANew airline Akasa Air on Friday said it will launch commercial flight operations on August 7 by operating its first service on Mumbai-Ahmedabad route using Boeing 737 Max aircraft. In a statement, the carrier said it has opened ticket sales on 28 weekly flights it will be operating on Mumbai-Ahmedabad route from August 7, as…

After India, the US lawmakers have now asked the Lina Khan-led Federal Trade Commission (FTC) to address abusive and deceptive data practices by hundreds of companies providing Virtual Private Network (VPN) services for individuals.A VPN is an online service that purports to give users more security when connecting to the Internet.However, said the lawmakers, the consumer VPN industry is rife with deceptive advertising and abusive data practices.The letter by Anna G. Eshoo (D-CA) and Ron Wyden (D-OR) describe several…

Last Updated: July 18, 2022, 15:33 ISTGiven the extra rush in trains, Zonal Railways has also been taking special steps.The Northeast Railway will operate this train from Gorakhpur and Siwan from August 6 till further notice.The North Eastern Railway has taken several steps for the convenience of railway passengers. It has now decided to operate an unreserved special train between Gorakhpur and Siwan. For the convenience of railway passengers, unreserved special trains are being operated by Indian Railways from time to…

US Democrats have urged the FTC (Federal Trade Commission) to crack down on deceptive practices in the Virtual Private Network (VPN) industry, The Verge has reported. In an open letter, Rep. Anna Eshoo (D-CA) and Senator Ron Wyden (D-OR) cited research indicating that three-quarters of the most popular VPNs "misrepresented their products," leading consumers to a false sense of security. The news comes in the wake of the Supreme Court decision overturning Roe v. Wade that allows states to ban abortions. That may lead…

GUDAI-DARRI, Australia—In this remote corner of western Australia, surrounded by clusters of low-lying scrub and red rocky outcrop, the world’s second-biggest mining company has built its most technologically advanced mine.For Rio Tinto RIO -2.20% PLC, finding the workers to run the new high-tech operation is a challenge. Automation helped miners to become more efficient and avoid disruptions triggered by the pandemic, when sudden border closures marooned workers who…