A winner of this year’s Nobel prize in economics warned Monday that artificial intelligence offers "amazing possibilities" but should be regulated because of its job-destroying potential. And it also obviously has an amazing potential for destroying other jobs or replacing highly skilled labor.
Car giant Stellantis and Chinese manufacturer CATL said Tuesday they would build a $4.3-billion factory to make electric vehicle batteries in Spain, the latest bid to boost Europe's troubled EV drive. - 'High-quality' EVs - Founded in 2011 in Ningde, eastern China, CATL produces more than a third of the electric vehicle batteries sold in the world.
Carmen Schuster was a young woman when she left the Transylvanian village of Cincsor in Romania for West Germany in search of a better life 40 years ago. Schuster and her husband "have breathed new life into this village," he said, noting that Cincsor without the guesthouses would be "sad". bg/kym/fg
"We should be the new El Dorado of medical cannabis production," said agronomist Jose Martins as dozens of workers harvested marijuana in bright sunshine at a farm in southeastern Portugal.
Chinese President Xi Jinping warned Tuesday that there would be "no winners" in a trade war with the United States and vowed the country would hit its growth goals for the year. Xi also said during Tuesday's meeting that China had "full confidence" in achieving its 2024 growth goal, state media reported.
Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief declaration of martial law by South Korea's president.
El Salvador's gang-busting strongman President Nayib Bukele has set out on a new mission: to kickstart his country's sputtering economy by inviting back the mining companies that were barred seven years ago.
Rupert Murdoch's audacious bid to cement his eldest's son's control over one of the world's most influential media empires has failed, a US report said Monday. The complicated structure of the irrevocable trust reflects the colourful familial relationships that shaped Rupert Murdoch's life as he built the multibillion-dollar empire.
The suspect in the high-profile killing of a health insurance CEO that has gripped the United States graduated from an Ivy League university, reportedly hails from a wealthy family, and wrote social media posts brimming with cerebral musings. He comes from a prominent and wealthy Italian-American family, according to the Baltimore Banner.
Google on Monday showed off a new quantum computing chip that it said was a major breakthrough that could bring practical quantum computing closer to reality.
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