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China says humanoid robot buzz carries bubble risk
China says humanoid robot buzz carries bubble risk

More than 150 Chinese companies are making humanoid robots but a market bubble risks forming in the rapidly growing futuristic industry, a Beijing official has warned. More than half of China's 150 humanoid robot companies -- a figure still increasing -- are "startups or 'cross-industry' entrants, which is a good thing for innovation", Li said.

by  AFP

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EU wants key sectors to use made-in-Europe AI
EU wants key sectors to use made-in-Europe AI
by  AFP

The EU on Wednesday told European businesses in critical sectors to ramp up their uptake of artificial intelligence and pushed for the bloc to cut its dependence on foreign AI providers.

In Simandou mountains, Guinea prepares to cash in on iron ore
In Simandou mountains, Guinea prepares to cash in on iron ore
by  AFP

At the foot of the Simandou mountains in southeast Guinea's lush tropical forest, thousands of workers, trucks and excavators are digging up the hills. "When you look at the Simandou railway's route, it passes very far from all of Guinea's major cities," he said.

Gold tops $4,000 for first time as traders pile into safe haven
Gold tops $4,000 for first time as traders pile into safe haven
by  AFP

Gold prices broke $4,000 for the first time Wednesday as investors piled into the safe haven over expectations for US interest rate cuts and worries over the US government shutdown. Gold -- long considered a go-to in times of uncertainty -- climbed to a high of $4,006.68 Wednesday, even as the dollar has pushed up against most of its peers in recent days.

Indian garment exporters reel under US tariffs
Indian garment exporters reel under US tariffs
by  AFP

When Donald Trump was elected, Indian garment exporter R.K. Sivasubramaniam thought the new US president would boost business and invested heavily in anticipation of a boom. "We cannot give that much," said Sivasubramaniam, whose desk carries crossed US and Indian flags.

Trump talks up Canada trade deal chances with 'world-class' Carney
Trump talks up Canada trade deal chances with 'world-class' Carney
by  AFP

President Donald Trump said Canadian Prime Minister Mark Carney would be "very happy" after their trade talks at the White House Tuesday, but offered no immediate concessions on lifting steep US tariffs. But Carney, who faced pressure at home to get a deal during his second White House visit since taking power in April, left without any firm promises that tariffs would be lifted.

US stocks edge higher as shutdown drags on
US stocks edge higher as shutdown drags on
by  AFP

Wall Street stocks edged higher early Tuesday, extending an upbeat stretch as markets continue to look past a US government shutdown that has curtailed economic data releases. "Market participants are looking at the government shutdown with an historical lens and saying that in large part, it doesn't affect the market or the economy," said Art Hogan of B. Riley Wealth Management.