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Major US teachers union teams up with AI giants
Major US teachers union teams up with AI giants

The second biggest teachers union in the United States unveiled a groundbreaking partnership Tuesday with AI powerhouses Microsoft, OpenAI, and Anthropic to develop a comprehensive training program helping educators master artificial intelligence. Microsoft is contributing $12.5 million, OpenAI $10 million, and Anthropic $500,000.

by  AFP

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Glencore looks to leave London Stock Exchange as falls into loss
Glencore looks to leave London Stock Exchange as falls into loss
by  AFP

Swiss mining and commodity trading giant Glencore said Wednesday it was considering shifting its stock listing from London after it stumbled into a net loss last year on falling coal prices and writing down the value of assets. - Coal business take a lump - The company earlier Wednesday reported $1.6 billion net loss for 2024 compared to a net profit of nearly $4.3 billion the previous year.

BAE profits boosted by defence spending amid Ukraine war
BAE profits boosted by defence spending amid Ukraine war
by  AFP

British military equipment maker BAE Systems on Wednesday announced a five percent rise in annual net profit, boosted by government defence spending amid the war in Ukraine. The results came in a week when shares in European defence companies rallied as European leaders gathered in Paris on Monday to discuss the war in Ukraine amid talk of greater defence spending.

Asset writedowns push Glencore into $1.6 bn loss for 2024
Asset writedowns push Glencore into $1.6 bn loss for 2024
by  AFP

Swiss mining and commodity trading giant Glencore said Wednesday that falling coal prices and writedowns to the value of its assets pushed it into a net loss for 2024. The $1.6 billion net loss for fiscal year 2024 compared to a net profit of nearly $4.3 billion the previous year, the company said in a statement.