By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI”, which they urged policymakers to equate at par with risks posed by pandemics and nuclear war. “Mitigating the risk of extinction from …
Top AI CEOs, experts raise ‘risk of extinction’ from AI Read More »
By Jayshree P Upadhyay (Reuters) – India’s top financial regulators are asking entities from mutual funds to brokers to banks to tighten their supervision and have also added fresh regulations as they prepare for a review by the global money-laundering watchdog, according to three sources. The Financial Action Task Force, an inter-governmental organisation to combat …
By Sarita Chaganti Singh and Nikunj Ohri NEW DELHI (Reuters) -India is considering cutting its import tax on solar panels by half and is seeking a rollback in goods and services taxes on the devices to make up a shortfall in local output amid rising demand for renewable energy, three government sources said. India’s renewable …
Exclusive-India considers cutting solar panel import tax to make up domestic shortfall Read More »
By Hannah Lang WASHINGTON (Reuters) – Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month top versus the yen before retreating after Japanese officials gave their currency a nudge. Japan will closely watch currency market moves and respond “appropriately” as needed, the country’s top currency diplomat …
Yen stronger post-emergency meeting, dollar stays lower Read More »
By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell more than 4% on Tuesday on concerns about whether the U.S. Congress will pass the U.S. debt ceiling pact and as mixed messages from major producers clouded the supply outlook ahead of the OPEC+ meeting this weekend. Brent crude futures settled down $3.53, or 4.6%, …
Oil slides 4% on worries about US debt ceiling, OPEC+ talks Read More »
By Deep Kaushik Vakil (Reuters) – Gold bounced back from early losses on Tuesday, as the dollar pulled back and Treasury yields slid on wider market optimism about the U.S. debt ceiling deal. Spot gold rose 0.8% to $1,958.80 per ounce by 2:30 p.m. EDT (1830 GMT), after hitting its lowest since March 17 earlier. …
Gold rebounds as debt deal optimism weighs on dollar, yields Read More »
By David Milliken LONDON (Reuters) – Britain’s highest inflation in four decades failed to boost company profits last year, with the exception of oil and gas extractors who benefited from a surge in energy prices, official figures showed on Tuesday. The average net rate of return on capital employed by British companies not involved in …
High inflation fails to boost most UK companies’ profits Read More »
By Andrew MacAskill LONDON (Reuters) -British Prime Minister Rishi Sunak will hold talks with U.S. President Joe Biden next week when they will discuss improving economic ties and how to sustain military support for Ukraine in its conflict with Russia. Sunak will be in Washington on Wednesday and Thursday next week for meetings with Biden, …
Rishi Sunak to visit Washington next week for talks with Biden Read More »
By Doyinsola Oladipo NEW YORK (Reuters) – Lillian Smith has spent about eight of the last 12 months traveling around the world, hitting France, Morocco, Japan and South Korea. Her cost for lodgings in that time? About one night in a hotel, along with the time she spent walking dogs, watering plants and changing litter …
House swaps and dog walks: Travelers find cheaper alternatives to lodging Read More »
By Andrew MacAskill LONDON (Reuters) -British ministers have been given more time to hand over unredacted messages from former prime minister Boris Johnson to a public inquiry looking into the handling of the COVID-19 pandemic, in a stand-off that could lead to criminal sanctions. Johnson’s government ordered an inquiry in 2021 to look into the …
UK government given more time to hand over Boris Johnson messages to COVID inquiry Read More »
