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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.

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AirAsia Philippines names new president amid expansion push

AirAsia Philippines has appointed Anna Victoria Lu as its new president and general manager, signaling a leadership reset as the airline moves into a new growth phase.

Philippines EV adoption may hit 50% by 2030

Battery electric vehicle (BEV) adoption in the Philippines could accelerate dramatically toward the end of the decade, with penetration potentially reaching as high as 50 percent by 2030, according to industry projections shared at a mobility symposium in Taguig City.

New UAE-PH agreement targets seamless cross-border payment system

The central banks of the Central Bank of the United Arab Emirates and the Bangko Sentral ng Pilipinas have signed a Memorandum of Understanding (MoU) to strengthen financial cooperation and support stronger trade between the United Arab Emirates and the Philippines.

Banks, automakers join Grab to offer cheaper EV loans for drivers

Grab Philippines has launched Southeast Asia’s largest green transport coalition, aiming to help ride-hailing drivers shift to electric and hybrid vehicles through more affordable and easier financing options.
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