Economy
Hong Kong probe finds Cathay Airbus defect could cause 'extensive' damage
The engine defect in the Airbus A350 plane that led to the cancellation of dozens of Cathay Pacific flights in early September could have escalated into "extensive damage", according to a Hong Kong probe released Thursday. Hong Kong-based Cathay Pacific briefly grounded its fleet of A350s for inspections and repairs after a Zurich-bound plane was forced to turn back to Hong Kong on September 2.
AI development cannot be left to market whim, UN experts warn
The development of artificial intelligence should not be guided by market forces alone, UN experts cautioned on Thursday, calling for the creation of tools for global cooperation. - To the backdrop of his clarion call, the experts called on UN members to put in place mechanisms to grease the wheels of global cooperation on the issue, as well as to prevent unintended proliferation.
World Bank announces job vacancies, Nigerians invited to apply, deadline nears
World Bank has announced 20 job vacancies for graduates in Western and Central Africa, including Nigeria, and the deadline for applications is almost due.
Tokyo surges on weak yen as Asian traders cheer big US rate cut
Tokyo's Nikkei led Asian markets higher Thursday as the yen hit a two-week high after the Federal Reserve announced a bumper interest rate cut and pledged a series of further reductions that boosted sentiment.
Some Cubans depend on sugar water as food shortages bite
Subsidized food, without which most Cubans would not eat at all, is becoming ever more scarce and expensive as the government, battling sanctions, struggles to pay for imports. The annual cost to the government of subsidized food distribution is almost a third of that.
YouTube launches new TV-focused tools for creators
YouTube beefed up tools for creators on Wednesday as it competes with streaming rivals such as Netflix on the biggest screen in most homes: the television. "It's the fastest-growing screen," YouTube chief Neal Mohan said of televisions at a presentation to content creators in New York.
X update allows app to bypass Brazil ban: internet providers
Elon Musk's X social network carried out an automatic update overnight on phone applications that allowed it to bypass a ban in Brazil, an association of internet providers said Wednesday. The Brazilian Association of Internet and Telecommunications Providers (ABRINT) explained that the return of X was due to an update of the app to Cloudflare software that uses constantly changing IP addresses.
India coal expansion risks massive methane growth: report
India's plans to expand coal mining could double emissions of the potent greenhouse gas methane from its domestic coal sector by 2029, threatening its climate goals, a report warned Thursday. The planned expansions could more than double coal mine-related methane emissions by 2029 from a decade earlier, the report by independent energy think tank Ember said.
Boeing to start large temporary furloughs amid Seattle strike
Boeing said Wednesday it would start temporary furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that has shuttered Seattle manufacturing plants. Boeing plans for "selected employees to take one week of furlough every four weeks on a rolling basis for the duration of the strike," said a message to employees from CEO Kelly Ortberg.
Economy
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