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CNA Economy Full text
Oct 4 : AkzoNobel is nearing a deal to sell its south-east Asian decorative paints business to Nippon Paint for well over $1 billion, the Financial Times reported on Sunday citing people familiar with the matter.Reuters could not…
CNA Economy Full text
Oct 4 : SpaceX CEO Elon Musk posted on Sunday that he would rename the company's AI unit to SpaceXSI, following US President Donald Trump's push to use the term "super intelligence" instead of "artificial intelligence.""Yes, we will make…
CNA Economy Full text
Oct 3 : The White House has created a task force to examine AI's risks and opportunities and recommend what role the federal government should play in overseeing the technology, with a report due within 120 days, the Wall Street Journal…
CNA Economy Full text
Oct 3 : A former OpenAI safety employee who recently resigned criticized the company's approach to AI safety, arguing that a fast-paced culture focused on rapid development increases the risk of failures.Writing in "I Quit OpenAI Because…
CNA Economy Full text
WASHINGTON, Oct 3 : US President Donald Trump spent Tuesday showcasing his administration’s approach to AI — touting the US government’s new AI chatbot, dining with tech titans at the White House, and announcing a voluntary agreement with…
CNA Economy Full text
LONDON, Oct 3 : Never has so much cash flowed into a new technology as is pouring into AI, eclipsing the sums splurged on railways or the internet when those technological revolutions sucked in capital.Cumulative spending globally on data…
CNA Economy Full text
TOKYO, Oct 3 : Japan's government has begun recalibrating its messaging to reassure markets that Prime Minister Sanae Takaichi is not pursuing reflationary policies, Finance Minister Satsuki Katayama said in an interview with broadcaster…
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SAN FRANCISCO, Oct 2 : Apple said on Friday that it plans to change its Mac operating system to make it more obvious when AI agents ask to access all of the data on Macs.Some users have criticized Meta's Muse, an AI agent capable of…
CNA Economy Full text
WASHINGTON, Oct 2 : Elon Musk's xAI on Friday persuaded a US federal appeals court to halt Minnesota's first-in-the-nation ban on AI-generated fake nude images as the technology and social media company pursues a lawsuit alleging that the…
CNA Economy Full text
WASHINGTON, Oct 2 : The Federal Aviation Administration said on Friday that a panel of experts had determined a software glitch in some Boeing 737 MAX flight computers poses no safety concern, clearing the way for approval of the…
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WASHINGTON, Oct 2 : The Federal Aviation Administration said Friday a panel of experts determined a software glitch in some Boeing 737 MAX flight computers does not pose safety concern, clearing the way for approval of a larger version of…
CNA Economy Full text
NEW YORK, Oct 2 : The dollar was on track for a fourth straight weekly gain against the euro on Friday, supported by elevated US Treasury yields amid a selloff in European government bond markets and expectations the Federal Reserve will…
CNA Economy Full text
NEW YORK, Oct 2 : The dollar was on track for a fourth straight weekly gain against the euro on Friday, supported by elevated US Treasury yields amid a selloff in European government bond markets and expectations the Federal Reserve will…
CNA Economy Full text
AMSTERDAM, Oct 2 : One of the largest Dutch eyewear retail chains said on Friday it had suspended sales of Meta's Ray-Ban smart glasses in the Netherlands and Belgium amid growing privacy concerns, in one of the first such moves by a…
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WASHINGTON: US job growth slowed more than expected in September and the nonfarm payrolls count for the prior two months was revised sharply lower, almost taking another interest rate hike from the Federal Reserve this month off the…
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PARIS: G7 leaders were holding talks on Friday (Oct 2) to coordinate action on tackling high fuel prices, after Washington upped pressure on Europe to release its strategic reserves or face a US diesel export ban.The US war with Iran has…
CNA Economy Full text
The United States has upped pressure on Europe to release its strategic reserves by threatening a diesel export ban.
CNA Economy Full text
Oct 2 : Standard Chartered expects the European Central Bank to raise its deposit rate by 25 basis points to 2.75 per cent in December, reversing its previous call for a pause, after stronger-than-expected inflation and resilient economic…
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Oct 2 : Global equity funds attracted inflows for a second straight week, as optimism around AI investment and softer US inflation pushed up investor demand for stocks despite rising bond yields.Equity funds recorded net inflows of $34.76…
CNA Economy Full text
The airline was forced to cancel dozens of flights this week when floods hit the Thai capital.
CNA Economy Full text
(Refiles to remove extraneous text from advisory line, no changes to text in story.)By Echo Wang and Milana VinnNEW YORK, Oct 2 : Anthropic warned that government attitudes toward the company and its technology could have broader…
CNA Economy Full text
NEW YORK, Oct 2 : HSBC is expanding its technology, media and telecommunications investment banking franchise with a senior hire, Paras Jain from Cantor Fitzgerald, according to people familiar with the matter.The London-headquartered bank…
CNA Economy Full text
Oct 2 : Europe is increasingly able to source the components used in its supercomputers locally, but memory remains the biggest gap in the supply chain, the head of French supercomputer maker Bull said on Friday.Bull can now source around…
CNA Economy Full text
HONG KONG, Oct 2 : Hong Kong's August retail sales value jumped 5.6 per cent from a year earlier to HK$32.1 billion ($4.09 billion) for a 16th month of gains, government data showed on Friday.• In July, retail sales value rose 4.5 per cent…
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