Economy

Economy Latest News

Macron says AI should not be 'Wild West'
Macron says AI should not be 'Wild West'
by  AFP

Development of artificial intelligence (AI) should not be an unregulated "Wild West", French President Emmanuel Macron said Friday ahead of a global summit on the technology in Paris. "AI can't be the Wild West," Macron told French regional newspapers including Ouest-France and Le Parisien in advance of the gathering of global political and tech industry leaders on Monday and Tuesday.

NBA in touch with Decathlon over China forced labour accusations
NBA in touch with Decathlon over China forced labour accusations
by  AFP

The NBA Friday said it "took very seriously its code of conduct" for companies marketing its licensed products and was speaking to French firm Decathlon over accusations it has benefited from forced labour in China. "We take compliance with our Code of Conduct very seriously and are addressing the allegations regarding Decathlon with the company directly."

Trump's trade tempest: Week one
Trump's trade tempest: Week one
by  AFP

In just one week, US President Donald Trump's turbulent trade tussle with rivals and allies triggered tit-for-tat moves, more tariff threats and tense talks, leaving the world bracing for more. Trump's threats angered the US neighbours.

US job growth misses expectations in January
US job growth misses expectations in January
by  AFP

The United States added fewer jobs than expected in January while unemployment ticked down, government data showed Friday, marking resilience in the labor market heading into President Donald Trump's new term. The data indicate the US economy remained relatively healthy heading into Trump's second presidential term, which began on January 20.