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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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VinFast expands EV footprint with stronger support

VinFast Philippines is strengthening its foothold in the country’s growing electric vehicle (EV) market by expanding its dealership and after-sales network, betting that easier access to service, parts, and charging will help drive wider adoption.

PDIC recognized for strengthening Philippine banking industry

The Philippine Deposit Insurance Corp. (PDIC) has been recognized by the Bankers Institute of the Philippines (BAIPHIL) as one of its most active member institutions, underscoring the deposit insurer’s support for professional development and a stronger Philippine banking industry.

Visa, UMSI widen digital payments for MSMEs

Visa and USSC Money Services Inc. (UMSI) are taking digital payments deeper into the Philippine MSME market with a smartphone-based solution that lets small businesses accept card payments without buying a traditional point-of-sale terminal.

iSON’s $300M Philippine investment broadens digital push 

Global technology and infrastructure company iSON is moving ahead...
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