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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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NPC activates P154-M power projects in Marinduque for better supply

The National Power Corporation (NPC) has energized a new 69-kilovolt transmission line and a 5-megavolt amperes substation linking Mogpog and Buenavista in Marinduque, aiming to improve power reliability across the island province.

FPA files raps vs illegal fertilizer maker in North Cotabato

The Fertilizer and Pesticide Authority (FPA) has filed a criminal complaint against DQB Green Agricultural Products Trading owner Quiara Fabian Baterina for unauthorized fertilizer manufacturing in Makilala, North Cotabato.

Discovery Capital taps BDO credit line to expand SME lending

Discovery Capital Finance Corp. (DCFC) has secured a new credit facility from BDO Unibank, boosting its capacity to finance small and medium enterprises (SMEs) as non-bank lenders play a growing role in narrowing the country's longstanding credit gap.

SM Prime racks up accessibility awards as inclusive design gains prominence

SM Prime Holdings Inc. strengthened its position as one of the country's leading advocates of accessible infrastructure after receiving 14 distinctions at the 31st Apolinario Mabini Awards, reflecting the growing importance of inclusive design in Philippine real estate.
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