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Steam - and uncertainty - rise from Serbia's shuttered refinery
Steam - and uncertainty - rise from Serbia's shuttered refinery
by  AFP

Steam still rises from the chimneys of Serbia's only oil refinery as it slowly grinds to a halt under US sanctions, fuelling fears of job losses and uncertainty. Vladimir Mutavdzic, 33, from Pancevo, also feared job loss -- and the impact not just locally, but across Serbia.

Time magazine names 'Architects of AI' as Person of the Year
Time magazine names 'Architects of AI' as Person of the Year
by  AFP

Time magazine named the "Architects of AI" as its Person of the Year on Thursday, highlighting the US tech titans whose work on cutting-edge artificial intelligence is transforming humanity. Yet the magazine notably steered away from using AI to generate its cover art, opting instead for human artists.

OpenAI, Disney to let fans create AI videos in landmark deal
OpenAI, Disney to let fans create AI videos in landmark deal
by  AFP

Walt Disney and OpenAI announced a three-year licensing deal Thursday that will allow users to create short videos featuring beloved Disney characters through artificial intelligence. Disney shares rose by about two percent on Thursday after the announcement.

German growth forecasts slashed, Merz under pressure
German growth forecasts slashed, Merz under pressure
by  AFP

Leading German institutes on Thursday downgraded their 2026 growth forecasts, in another bad sign for Chancellor Friedrich Merz whose efforts to reboot Europe's biggest economy face mounting criticism. But critics say his efforts so far have not been radical enough as challenges mount for the economy, from a deepening industrial slump to US tariffs.