OpenAI and Jony Ive Set to Launch the 'iPhone of AI' With $1 Billion Backing from Softbank
Ex-Apple designer Sir Jony Ive is in talks with OpenAI's Sam Altman to create the first AI consumer device in the form of a next-generation smartphone.
UK Approves New North Sea Oil Production, Angering Green Groups
Britain on Wednesday authorised oil and gas production in its largest undeveloped field to bolster its energy security, one week after the government diluted its net zero targets, triggering further condemnation by environmentalists.
UK Government Approves £8 Billion Rosebank Development to Boost Energy Security and Economy
The approval of the Rosebank development follows an extensive regulatory process, including a detailed environmental impact assessment and public consultation. All new projects, including Rosebank, align with the natural decline of the North Sea basin.
Alleged Russian Spies Appear in London Court
Their surveillance activities are alleged to have apparently been for the purpose of assisting Russia to conduct hostile action against the targets.
Ford Pauses Work On $3.5 Bn Battery Plant
Ford is halting work on a major battery plant in the northern US state of Michigan, the automaker said Monday, just seven months after launching the project with a Chinese partner.
Donald Trump Praises Rishi Sunak for Net Zero Rollback Amid Controversial Decision
The former US President praised the PM for refusing to damage his country's economy in response to climate change, which he believes is not a real problem.
Britain Pledges £160 million Climate Funding for Developing Countries
Britain aims to accelerate the decarbonisation of emerging economies through £160 million in climate funding for developing countries under various programmes including the Climate Mitigation Facility.
US States Relax Child Labor Laws Amid Rise In Illegal Work
Working in industrial laundries at age 14, laboring up to 35 hours a week on top of school -- some US states are relaxing the barriers to employing minors, despite rising cases of exploitation.
'Humanity Has Opened Gates To Hell', Warns UN Chief As He Calls For Action Against Climate Change
The UN chief has also called on developing countries to support emerging economies in their fight against climate change.
Rishi Sunak Receives Backlash Over Delays In Net Zero Plans
Rishi Sunak has revealed plans for a policy change that could potentially delay significant government pledges towards achieving net-zero emissions, a move that has sparked strong criticism from both Labour and Conservative members of parliament, as well as environmental organisations.
Companies must harness transformative technologies like AI to stay afloat
Companies must always keep up with technological trends – or risk losing their market and being driven out of business by either the competition or technology itself.
Why is Singapore's birth rate so low?
Singapore, one of the most expensive countries to live in, hit a record-low birth rate in 2022 after years of consistent decline, and the government introduced new benefits to couples who are starting families.
Slack CEO is ready to ride AI wave
Artificial Intelligence is transforming Slack, the widely used workplace messaging platform, its CEO told AFP just nine months after taking on one of the most high profile jobs in Silicon Valley.
Rail drivers' strike action to coincide with Conservative party conference
The train drivers' union, Aslef announced members will walk out on Saturday 30 September and Wednesday 4 October, as an 18-month-long dispute continues to simmer.
Why 'design thinking' matters for business success
Despite the potential profit benefits it can bring, "design thinking" is not always the focus of executive decision-making in the business world, says Swiss industrial designer Rea Stark.
New BMW investment provides hope for the UK automotive sector as auto investments cross £6 billion
The UK automotive sector is on a recovery path as car manufacturing takes centre stage because of a new BMW investment following Tata, Stellantis and Ford.
Wall Street mixed after inflation data as European bourses dip ahead of ECB
Wall Street stock indices moved in opposite directions Wednesday after a mixed inflation report as European bourses dipped ahead of a European Central Bank decision.
Jeremy Hunt signed UK-India capital markets cooperation deals to open up London Stock Exchange listing for Indian companies
Indian companies will be in the London Stock Exchange listing now after the Indian finance minister and the UK chancellor met to discuss capital markets cooperation in the financing of infrastructural projects.
Prime Minister Rishi Sunak addresses G20 Summit outcomes and global challenges
The Prime Minister's statement emphasised the need for diplomatic pressure on Russia, the role of democracies in addressing global challenges and the UK's commitment to its citizens and allies.
Musk biography describes troubled tycoon driven by demons
A hotly anticipated biography of Elon Musk describes the turbulent tycoon as a man driven by childhood demons, obsessed with bringing human life to Mars and who demands that staff be "hardcore."
UK researchers develop model which uses AI for air traffic control
Researchers in the UK have designed a computer model in which artificial intelligence can direct flight movements, instead of human beings.
UK researchers and SMEs upbeat about Britain rejoining the £82 billion Horizon Europe programme
Britain has ended nearly two years of logjam in scientific collaboration by rejoining the Horizon Europe programme which drew applause from UK researchers and SMEs.
Former council advisor questions legacy of Commonwealth Games amid Birmingham's financial crisis
Birmingham City Council, Europe's largest local authority, declared effective bankruptcy due to annual budget shortfalls, shifting focus to protect vital services while halting non-essential spending.
Divided G20 head to India with eyes on Ukraine and climate
Divided G20 leaders will descend on New Delhi from Friday, with host Prime Minister Narendra Modi seizing a chance to occupy the geopolitical centre stage and hammer home India's growing diplomatic clout.
US interest rates in 'good place,' for now: Fed officials
High US interest rates are doing their job in the fight against inflation, but more hikes may yet be needed, senior US Federal Reserve officials said Thursday.
UK residents least likely to say work is important, says new survey
The number of people who place emphasis on the importance of leisure time has risen in recent decades.
Asian markets rise as US jobs data ease rate pressure on Fed
Asian stocks rose Monday on hopes the Federal Reserve has come to the end of its interest rate hiking cycle following a positive US jobs report.
Microsoft president Brad Smith warns AI can be weaponised
Microsoft president Brad Smith says corporate responsibility, along with legal and regulatory safeguards are key to using artificial intelligence ethically.
Microsoft expands Xbox Gaming AI Team to bring AI-based features to games
According to a job listing on Microsoft's official website, the Xbox Gaming AI team is set to explore new emerging technology trends.
Von der Leyen backs Dutch FM Hoekstra for EU climate post
EU chief Ursula von der Leyen on Tuesday backed Dutch Foreign Minister Wopke Hoekstra to take up a vacant climate post on the European Commission, but the choice raised concerns about the bloc's environmental ambitions.