Reuters

0 POSTS

UN adopts first global artificial intelligence resolution

The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence to encourage protecting personal data, monitoring AI for risks, and safeguarding human rights, U.S. officials said.

Biden’s softer climate regulation shows big US bet on subsidies to decarbonize

The Biden administration says its recent decision to scale back new climate regulations meant to force emissions cuts from cars and power plants will have a negligible impact on its overarching goal to halve greenhouse gas pollution this decade.

US Congress struggling to reach spending deal to avert weekend shutdown

A fractured U.S. Congress struggled behind the scenes on Wednesday to produce a massive spending bill to fund defense, homeland security and other programs that lawmakers must pass before the weekend to avert a partial government shutdown.

Analysis: US automakers race to build more hybrids as EV sales slow

As U.S. sales of gas-electric hybrid vehicles surge and electric-vehicle sales cool, automakers and suppliers are betting consumer demand for a compromise between all-combustion and all-electric is a durable trend.

Soaring Japanese equities offer investors cozy distance from troubled China

As economic and geopolitical woes spur an exodus of investors from China, many have been redirecting money into Japan, giving the benchmark Nikkei an extra boost as it rockets to all-time highs.

Just in

GCash explains safeguards after viral “wrong send” incident 

GCash clarified that its app has built-in safety features to help prevent users from accidentally sending money to the wrong person, following a viral case involving an erroneous transfer.

Water firm rolls out summer plan amid extreme heat warnings

Manila Water Philippine Ventures (MWPV), the Non-East Zone unit of Manila Water Company, has started its summer preparedness plan as the country faces possible extreme heat in the coming months.

Insurer expands portfolio options with globally diversified income fund

Pru Life UK has launched a new globally diversified investment fund, underscoring what it calls a major shift in how investors must approach wealth building in today’s uncertain financial environment.

Philippines drops RACE, pivots to EV incentives 

The Philippine government has scrapped its long-planned Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, opting instead to fast-track a new incentive framework focused on electric vehicles, a senior investment official said.
spot_img