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AI risks repeating social media era's mistakes: Microsoft president
Breakneck development of artificial intelligence risked repeating mistakes made by the tech industry at the start of the social media era, Microsoft president Brad Smith told a business forum on Friday.
UN-backed deforestation carbon credits failing: study
Only a small fraction of the forest-based carbon credits that companies and governments have purchased to offset their greenhouse gas emissions actually help prevent deforestation, according to new research.
Spanish football chief Rubiales refuses to resign over player kiss
Spanish football chief Luis Rubiales refused to resign on Friday after a week of heavy criticism for his unsolicited kiss on the lips of player Jenni Hermoso following Spain's Women's World Cup triumph.
European stocks rise as Powell speech looms
European stocks pushed higher on Friday ahead of a keenly awaited speech by Federal Reserve boss Jerome Powell, brushing aside losses in Asia as investors worried he may signal further interest rate hikes.
Asian traders resume sell-off on rate fears as Powell speech looms
Asian markets sank Friday as a mini rally came to a juddering halt ahead of a keenly awaited speech by Federal Reserve boss Jerome Powell later in the day, with traders increasingly worried the bank will hike interest rates further.
China's Huawei renews patent licensing deal with Ericsson
Chinese telecoms giant Huawei said Friday it had renewed a licensing agreement with Ericsson to use each other's technologies, in a rebuff to US warnings about the risk of espionage by Beijing.
Germany's booze-free beer boom
All the fun of the Oktoberfest, without the hangover: Germans are swapping traditional beer for non-alcoholic brews, driven by health concerns and the increasing quality of booze-free options.
China-based 'Flax Typhoon' hackers targeting Taiwan govt: Microsoft
A China-based hacking group named "Flax Typhoon" has targeted dozens of Taiwanese government agencies with the likely aim of spying on them, Microsoft has revealed.
Central bankers head to Wyoming retreat seeking clarity on US interest rates
Central bankers and academics from around the world have descended upon the town of Jackson, Wyoming searching for clues on the US Federal Reserve's interest rate policy.
Possible US auto strike as unions flex muscle in 'Hot Labor Summer'
With the clock ticking down to a possible strike, Detroit carmakers are staring at tough contract negotiations with an emboldened auto workers union led by a fiery new president.
At meeting in Canada, global fund launched to protect nature
A new global biodiversity fund aimed at ramping up critical nature restoration and renewal -- objectives set out at a UN summit last year -- was ratified Thursday by the international community.
Spanish football chief Rubiales to quit over World Cup kiss scandal - reports
Spanish football chief Luis Rubiales will quit his post after being roundly condemned by the football world and beyond for forcibly kissing a Spain player on the mouth following the Women's World Cup final, several media outlets reported Thursday.
Apple unexpectedly supports Right to Repair Act
Apple on Thursday confirmed it is endorsing passage of a California law requiring major gadget makers to enable people to fix their devices without taking them back to companies.
Heat stress could threaten health of one billion cows
By the end of century, more than one billion cows worldwide could suffer from heat stress if global warming continues unabated, threatening their fertility, milk production and lives, according to research published on Thursday.
BRICS: the six new members
A brief look at the six countries which will be admitted in January 2024 to the club of large and populous emerging economies known as the BRICS:
FIFA opens disciplinary proceedings against Rubiales over kiss
FIFA opened disciplinary proceedings against Luis Rubiales on Thursday after the Spanish Football Federation (RFEF) president kissed Spain star Jenni Hermoso on the lips following the Women's World Cup final last weekend.
Turkey surprises with huge interest rate hike
Turkey's central bank on Thursday delivered a huge surprise by raising the interest rate to 25 percent as part of a transition from President Recep Tayyip Erdogan's era of unorthodox economics.
Rubiales World Cup kiss not behaviour of a federation boss, says Ancelotti
Real Madrid coach Carlo Ancelotti criticised Spanish football federation president Luis Rubiales on Thursday for kissing a female player on the lips after Spain won the World Cup.
Historic UK codebreaking base to host 'world first' AI safety summit
Britain will host a two-day international summit in November to explore how artificial intelligence can be safely developed, the government said on Thursday.
UK retailer Wilko's administrators warn of job losses
The administrators of British household goods company Wilko have said there will "likely" be redundancies and store closures after they were unable to find a buyer for the whole business.
Markets track Wall St surge after US data, Nvidia results
Equity markets rose again Thursday after soft US and European economic data soothed recent fears that central banks will hike rates further, while tech firms were given a boost by forecast-busting earnings from AI chip titan Nvidia.
Asia tracks Wall St surge as traders welcome US data, Nvidia results
Asian markets rose again Thursday after soft US and European economic data soothed recent fears that central banks will hike rates further, while tech firms were given a boost by forecast-busting earnings from AI chip titan Nvidia.
In Venezuela, women left 'mutilated' by butt lifts
Maria Sanchez walks slowly through her house in the Venezuelan capital with two surgical drainage bags hanging from her waist -- the nightmare result of her search for the perfect derriere.
AI chip giant Nvidia crushes expectations as profits soar
US chip giant Nvidia, whose products play a crucial role in artificial intelligence systems, crushed expectations on Wednesday, as the AI frenzy continues to lift the tech sector.
Inflation or politics? Argentina hit by wave of looting
Argentina has been hit by a wave of looting that has ratcheted up political tensions ahead of October elections as the country grapples with 113 percent annual inflation.
IMF approves $7.5 billion disbursement to Argentina: economy minister's office
The International Monetary Fund's (IMF) executive board has approved a $7.5 billion disbursement for Argentina, a spokesperson for economy minister Sergio Massa told AFP Wednesday, as the South American country grapples with a prolonged economic crisis.
Stocks advance as traders await Powell speech, Nvidia results
Stock markets rose Wednesday despite data showing slowing economic activity soothed worries about an extended period of elevated interest rates.
Germany plans to ease legal gender change
The German cabinet on Wednesday signed off plans to help people change their legal gender more easily, but the proposals have stirred criticism from feminists, politicians and even the trans community.
Arab Israelis bury official as crime wave toll nears 160
A high-ranking civil servant buried Wednesday in Israel is the latest victim of a crime wave that has killed almost 160 members of Israel's Arab minority this year.
Sales of new US homes rebound on tight housing supply
New home sales in the United States bounced upward in July, as a lack of existing real estate pushes buyers into the market for new builds, government data showed Wednesday.
Markets broadly higher as traders await Powell speech, Nvidia results
Stock markets mostly rose Wednesday as traders battled to maintain momentum in this week's rally despite worries about an extended period of elevated interest rates.
Arm listing may boost return to IPOs
The initial public offering of British chip designing giant Arm, announced on Monday, could signal a rebound in companies introducing their shares on stock markets after a year of relatively few such listings.
Kenyan court says Meta and sacked moderators to pursue settlement
Some 184 content moderators and Facebook's parent company Meta have agreed to pursue an out of court settlement in a lawsuit claiming unfair dismissal, court documents seen by AFP show.
Eurozone economic downturn deepens in August
The eurozone economy is contracting at its fastest rate in three years as a steep decline in manufacturing begins to spread to services, a key survey said Wednesday.
Markets broadly up as traders await Powell speech, Nvidia results
Markets mostly rose Wednesday with traders battling to maintain momentum from the previous day's much-needed rally as they contemplate an extended period of elevated interest rates.
Markets rally fades as traders nervously await Powell speech
Asian markets drifted between gains and losses Wednesday with traders struggling to maintain momentum from the previous day's much-needed bounce as they contemplate an extended period of elevated interest rates.
US stocks mostly fall as tech rally peters out
A rally in tech shares ran out of steam Tuesday, as US stocks mostly retreated amid worries over higher Treasury bond yields that offset investor appetite to keep buying equities.
UPS workers ratify contract, averting strike: Teamsters
The Teamsters union announced Tuesday that UPS workers overwhelmingly voted to ratify a new labor contract, officially ending the risk of an economically harmful strike.
Brazil high court rules homophobia punishable by prison
Brazil's Supreme Court ruled Tuesday that homophobic slurs are now punishable by prison, in a decision applauded by rights activists in a country with rampant violence against the LGBTQ+ community.