Reuters

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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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Weak peso, broad gains across Philippine economy

Amid concern over the peso’s slide, exporters are reframing the narrative: depreciation is no longer a one-sided drag, but a broader source of gains.

Peso falls to record low vs USD as Iran retaliates, oil soars

The Philippine peso tumbled to a fresh record low on Thursday, breaching the P60-per-dollar mark, as escalating geopolitical tensions in the Middle East and surging oil prices rattled markets and drove investors toward the safety of the US dollar.

PCA rejects full suspension of biodiesel blend amid Middle East conflict

The Philippine Coconut Authority (PCA) says it does not support proposals to fully suspend the country’s biodiesel blending program, despite rising global fuel prices linked to the Middle East conflict.

Jollibee Group wins top global workplace honor, sets benchmark for Filipino companies

The Jollibee Group has secured one of the world’s highest workplace recognitions, earning the Gallup Exceptional Workplace Award (GEWA) with Distinction from Gallup for its outstanding employee engagement and people-first culture.
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