Bloomberg Business

Hunt to Extend Free Child Care in UK Budget to Aid Workforce

UK Chancellor of the Exchequer Jeremy Hunt plans to unveil a multibillion-pound expansion of free child care in his budget as part of a package of measures to boost growth and help families weather the cost-of-living crisis, a senior official said.

China Censors Talk of Xi’s Unanimous Presidential Confirmation

China is censoring some discussion of Xi Jinping’s unanimous confirmation for president in the nation’s legislature, showing the sensitivities around his increasing grip on power as he begins his precedent-busting third term.

Modi-Linked Hindu Group Opposes Same-Sex Marriage Move in India

A Hindu group linked to Prime Minister Narendra Modi’s party announced its opposition to marriage rights for same-sex couples, echoing the federal government’s position that marriage should be limited to male-female unions.

Australian Nuclear Subs Are ‘Worst Deal in History,’ Ex-PM Says

Ex-Australian Prime Minister Paul Keating condemned the center-left Labor government’s deal with the US and UK to obtain nuclear submarines, saying the nation’s military sovereignty was being surrendered to the “whim and caprice” of Washington.

Credit Suisse Veteran Mishra Poised to Exit for Axis Bank

Neelkanth Mishra, co-head of Asia Pacific strategy at Credit Suisse Group AG, has resigned from the company and is set to join Mumbai-based Axis Bank Ltd., according to people familiar with the matter.

What Is ChatGPT-4 and How to Use It Right Now: Everything You Need to Know

It’s been a mere four months since artificial intelligence company OpenAI unleashed ChatGPT and — not to overstate its importance — changed the world forever. In just 15 short weeks, it has sparked doomsday predictions in global job markets, disrupted education systems and drawn millions of users, from big banks to app developers.

Cathay CEO Outlines Rebuild With Profit in Sight This Year

After being hit during the pandemic harder than pretty much any airline still flying, Cathay Pacific Airways Ltd. has a very good chance of posting a net profit this year and returning to full capacity in 2024, according to Chief Executive Officer Ronald Lam.

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