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Cooperation or competition? China's security industry sees the US, not AI, as the bigger threat
Cooperation or competition? China's security industry sees the US, not AI, as the bigger threat
China’s security and surveillance industry is now focused on shoring up its vulnerabilities to the United States and other outside actors, worried about risks posed by hackers, advances in artificial intelligence and pressure from rival governments
2023-06-21 16:22
UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
Official figures show that consumer price inflation across the U.K. is unchanged at 8.7% in the year to May against expectations for a modest decline, a development that is likely to see the Bank of England raise the cost of borrowing again
2023-06-21 15:51
Paris summit aims to shake up the financial system. It will test leaders' resolve on climate
Paris summit aims to shake up the financial system. It will test leaders' resolve on climate
Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate
2023-06-21 14:53
Wisconsin lawmakers poised to approve liquor law overhaul
Wisconsin lawmakers poised to approve liquor law overhaul
Wisconsin lawmakers are poised to approve a massive overhaul of the laws governing the state’s multibillion-dollar liquor industry, changes that are supported by small craft brewers, like the makers of Spotted Cow beer, bar owners and alcohol distributors
2023-06-21 13:23
Transgrid to spend $11 billion to prepare Australian state for 100% renewables
Transgrid to spend $11 billion to prepare Australian state for 100% renewables
By Lewis Jackson SYDNEY Australia's most populous state will be ready for 100% renewable energy within a decade
2023-06-21 12:53
Titanic Vessel Search Detects Signs of Life, Explorers Club Says
Titanic Vessel Search Detects Signs of Life, Explorers Club Says
An international exploration club with members on board the submersible missing near the Titanic wreck suggested “likely signs
2023-06-21 12:47
Jack Ma-Backed Ant Developing Large Language Model Technology
Jack Ma-Backed Ant Developing Large Language Model Technology
Jack Ma-backed Ant Group Co. is developing large-language model technology that will power ChatGPT-style services, joining a list
2023-06-21 12:24
Powell to face Capitol Hill hearing at a time of rising uncertainty over Fed's interest-rate plans
Powell to face Capitol Hill hearing at a time of rising uncertainty over Fed's interest-rate plans
Federal Reserve Chair Jerome Powell will begin two days of hearings before Congress on Wednesday that will likely focus on the question that consumed the central bank last week: How far and how fast will the Fed raise its key interest rate from here
2023-06-21 12:22
Foreign companies are shifting investment out of China as confidence wanes, business group says
Foreign companies are shifting investment out of China as confidence wanes, business group says
A business group says foreign companies are shifting investment and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges
2023-06-21 09:46
BOJ debated risk of being too late in raising rates at April meeting
BOJ debated risk of being too late in raising rates at April meeting
By Leika Kihara (Reuters) -Bank of Japan (BOJ) policymakers agreed to keep ultra-low interest rates at Governor Kazuo Ueda's debut
2023-06-21 09:26
Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic
Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic
Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic
2023-06-21 08:56
Build begins on Wyoming-to-California power line amid growing wind power concern
Build begins on Wyoming-to-California power line amid growing wind power concern
Wyoming and federal officials formally kicked off construction Tuesday of a massive transmission line project to export wind power from Wyoming to southern California
2023-06-21 08:30
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