By Peter Hobson LONDON (Reuters) – The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s more traditional export routes, Russian customs records show. The records, which contain details of nearly a thousand gold shipments between Feb. 24, 2022 and March 3 this year, reveal …
Factbox-Russian gold shipments to the UAE, China and Turkey Read More »
LONDON (Reuters) -British Prime Minister Rishi Sunak and the bosses of leading AI companies OpenAI, Google DeepMind, and Anthropic will work together to ensure society benefits from the transformational technology, they said in a statement after meeting on Wednesday. Sunak and the tech leaders – OpenAI’s Sam Altman, Google DeepMind’s Demis Hassabis and Anthropic’s Dario …
UK to work with AI firms to ensure society benefits from the new technology Read More »
LONDON (Reuters) -Microsoft filed an appeal on Wednesday of Britain’s decision to block its $69 billion takeover of “Call of Duty” maker Activision Blizzard, a company spokesperson said. The Competition and Markets Authority (CMA), Britain’s antitrust regulator, vetoed the deal in April, saying it could hurt competition in the nascent cloud gaming market. Microsoft lodged …
Microsoft appeals against UK block on Activision Blizzard deal Read More »
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet and the European Commission aim to develop an artificial intelligence (AI) pact involving European and non-European companies before rules are established to govern the technology, EU industry chief Thierry Breton said on Wednesday. Breton earlier met Sundar Pichai, CEO of Google and its parent company Alphabet, in …
EU, Google to develop voluntary AI pact ahead of new AI rules, EU’s Breton says Read More »
LONDON (Reuters) – OpenAI CEO Sam Altman said on Wednesday the ChatGPT maker might consider leaving Europe if it could not comply with the upcoming artificial intelligence (AI) regulations by the European Union. The EU is working on what could be the first set of rules globally to govern AI. As part of the draft, …
OpenAI may leave the EU if regulations bite – CEO Read More »
WASHINGTON (Reuters) – Chrysler-parent Stellantis said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California’s strict emissions rules. In a communication to dealers seen by Reuters, the company said to meet the California emissions rules “we may be compelled to allocate fewer conventional gasoline engine vehicles to …
PARIS (Reuters) – Airbus is not looking to launch a stretched version of its A220 jet in the current environment, the planemaker said on Wednesday, knocking down speculation of a launch at the Paris Airshow. A future version of the 110-130-seat small passenger plane has been on the horizon for some time and an Airbus …
No imminent launch of new A220 jet sub-model -Airbus Read More »
By Arriana McLymore NEW YORK, NY (Reuters) – Amazon.com Inc investors voted against all 18 shareholder-led proposals during the e-commerce giant’s annual meeting on Wednesday, a preliminary tally by the company showed. The total exceeded Amazon’s 2022 record of 15 as environmental, social and governance (ESG)-focused investors pushed for changes ranging from warehouse workers rights, …
Amazon beats all 18 shareholder-led proposals at annual meeting Read More »
By Huw Jones LONDON (Reuters) -The European Union set out plans on Wednesday to cut how much retail investors pay banks and insurers for financial products to encourage investment and make its capital market deeper and more efficient. The retail investment package toughens up existing EU investment laws by including a ban on banks and …
EU sets out plans to cut the price of financial products Read More »
By Benoit Van Overstraeten BRUSSELS (Reuters) -Ryanair on Wednesday won its challenge to an EU decision allowing Italian aid to pandemic-hit airlines, the second such victory in two weeks for Europe’s largest budget carrier. The Irish airline has filed more than a dozen lawsuits against billions of euros in what it said was unfair state …
Ryanair wins latest challenge against aid to COVID-hit airlines Read More »
