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CNA Economy Full text
Oct 12 : Oil prices edged lower on Tuesday after climbing by nearly $2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from…
CNA Economy Full text
Oct 12 : The New York Times, Agence France-Presse and The Economist on Monday joined more than 40 publishers in a coalition aimed at preventing AI firms from using or profiting from their content without permission.The Standards for…
CNA Economy Full text
Investor portfolios have become alarmingly reliant on the fortunes of just one bet on the build-out of an uncertain technology, says Katie Martin for the Financial Times.
CNA Economy Full text
Oct 12 : President Donald Trump's administration is planning to move three senior officials from the Center for Advancing Innovation and Standards for Super Intelligence (CAISSI) to the White House, news website The Information reported on…
CNA Economy Full text
HOUSTON, Oct 12 : Dense heavy crude, which oil refiners around the world favor for its typically low cost, is piling up in the Americas as soaring freight rates have stifled exports and US refiners have been running close to their limits…
CNA Economy Full text
Oct 12 : Meta on Monday launched Muse Wonder and Muse Wonder Full, calling them its most capable AI models yet, as the social media firm looks to compete more forcefully with OpenAI and Anthropic.Meta's shares rose about 4 per cent in…
CNA Economy Full text
Oct 12 : Bumble is in advanced talks to be taken private by Ithaca Holdings in a deal that values the dating app operator at roughly $1 billion, a source familiar with the matter told Reuters on Monday.Shares of Bumble rose around 52 per…
CNA Economy Full text
LONDON, Oct 12 : Chinese EV maker Xpeng plans to expand its European production in order to comply with new European Union rules mandating minimum local content in electric cars, company vice president Yeqing Zheng told Reuters at the…
CNA Economy Full text
PARIS, Oct 12 : France's LVMH on Monday reported worse-than-expected third-quarter organic sales growth as weak demand for its fashion and leather goods weighed. Organic sales, which strip out currency swings, rose 1 per cent year-on-year…
CNA Economy Full text
PARIS, Oct 12 : Hackers forced the temperature of many French supermarket fridges up to 50 degrees Celsius (122°F) overnight, sparking fires and food losses at several hundred stores across the country in a major cyberattack.The Paris…
CNA Economy Full text
LONDON, Oct 12 : Britain's AI Security Institute has been given access to the latest advanced AI models and is working with the US government and major developers, including Google, to assess their safety, AI Minister Kanishka Narayan said…
CNA Economy Full text
Oct 12 : Global smartphone shipments fell 20 per cent on-year to their lowest third-quarter level since 2012, as soaring memory chip costs and supply shortages pressured manufacturers and pushed up prices, preliminary estimates from…
CNA Economy Full text
Oct 12 : Quantum computing company IonQ said on Monday it would buy cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion, as it looks to expand its quantum security business.IonQ said the acquisition would provide…
CNA Economy Full text
BENGALURU, Oct 12 : India's HCLTech on Monday signed a partnership Anthropic to accelerate enterprise adoption of Agentic AI with a focus on safety, cybersecurity and governance. • HCLTech will establish a dedicated business unit with a…
CNA Economy Full text
Oct 12 : Norway's data protection authority has fined Microsoft's adtech unit Xandr 92 million crowns ($9.61 million) for unlawfully relaying Grindr users' sensitive data to thousands of advertisers, it said on Monday.Xandr relayed data…
CNA Economy Full text
LONDON, Oct 12 : Artificial Intelligence needs urgent global regulation with independent evaluators able to vet new developments, the president of Microsoft said, warning that AI currently faces fewer safety requirements than milk. In an…
CNA Economy Full text
NEW YORK/LONDON, Oct 12 : The dollar held near an 18-month high on Monday, supported by safe-haven demand as an escalating Middle East conflict kept investors cautious ahead of key US inflation data later this week.Oil prices were volatile…
CNA Economy Full text
LONDON, Oct 12 : The dollar traded around its highest in a year and a half on Monday, as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that could shape the outlook for interest…
CNA Economy Full text
NEW DELHI, Oct 12 : Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply…
CNA Economy Full text
TikTok’s top executive thinks there’s a “non-zero chance” that AI will become superior to human beings in certain aspects. “The technology is evolving, but you can see a world where silicon is just superior to carbon.”
CNA Economy Full text
BANGKOK: Pakistan's economy is expected to grow by more than 4 per cent this fiscal year despite elevated oil prices, as the government looks to push for the privatisation of five to six entities that could raise upwards of US$1 billion…
CNA Economy Full text
BANGKOK: Strong investment in AI infrastructure is keeping global growth at around 3 per cent, yielding major benefits for many Asian economies that supply the hardware, such as Thailand, International Monetary Fund Managing Director…
CNA Economy Full text
SYDNEY, Oct 12 : Stock markets got off to an erratic start on Monday as earnings season loomed, while oil slipped amid confusion over whether Russia would, or could, increase energy exports.While the conflict in the Gulf continued with…
CNA Economy Full text
SYDNEY, Oct 12 : Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports in the Gulf.There was considerable…
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