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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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Luzon corridor puts $20-B project pipeline before investors

The Philippines put more than USD20 billion worth of infrastructure and industrial projects before about 600 local and foreign investors, seeking to turn the Luzon Economic Corridor (LEC) from a development blueprint into a pipeline of fundable deals.

Tiu Laurel urges ASEAN-India cooperation on food security risks

Agriculture Secretary Francisco P. Tiu Laurel Jr. called for stronger ASEAN-India collaboration Wednesday at the Ninth ASEAN-India Ministerial Meeting on Agriculture and Forestry, warning that geopolitical tensions, climate shocks, and volatile farm input costs threaten regional food supplies.

Luzon, Visayas co-ops seal 15-year power supply deals

Twenty-nine Luzon and Visayas electric cooperatives have secured long-term power supply agreements (PSAs) with six generation firms, ensuring stable electricity for millions, the National Electrification Administration (NEA) announced Thursday.

Meralco cites PNP support in curbing electricity theft

Manuel V. Pangilinan-led Manila Electric Company (Meralco) has recognized the Philippine National Police’s (PNP) support in addressing electricity theft as it pledged to sustain efforts to reduce system losses, particularly non-technical losses arising from illegal connections and power pilferage.
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