E-Learning

Analysis-Lula's embrace of new Brazil central banker has markets wary

After months of rancor, ties between President Luiz Inacio Lula da Silva and Brazil's central bank look poised for an era of sweetness and light - which is precisely what worries some investors. Gabriel Galipolo, 42, is set to take the reins at the bank on Wednesday. Galipolo takes over from central bank governor Roberto Campos Neto, an appointee of former President Jair Bolsonaro, in the first transition since a 2021 law that required heads of state to wait two years before naming their own central bank chief, in a move designed to boost the bank's autonomy.

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Huawei slashes prices in fight for China's high-end smartphone market share

Chinese tech giant Huawei Technologies has slashed prices for a range of high-end handsets in new efforts to boost sales amid cutthroat competition in the world's biggest smartphone market. The company reduced the price of its top-of-the-line Pura 70 Ultra device, launched in April, to 8,999 yuan (US$1,233) for the 1 terabyte version - an 18 per cent discount from the original price of 10,999 yuan, Huawei's official online store Vmall showed. The 512 gigabyte version is being sold at a steeper m

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