Developments in artificial intelligence are outpacing scientific understanding and government policy, meaning there are no guarantees the technology will not cause catastrophic harm, a United Nations independent panel warned on Wednesday.
Defense tech startups are repurposing automotive chips and pipes used in fracking — while copying production methods from drugmakers — in an effort to deliver weapons to the Pentagon faster and at lower cost.
The U.S. Justice Department on Tuesday directed federal prosecutors to prioritize investigations of so-called birth tourism schemes after the Supreme Court rejected President Donald Trump’s attempt to restrict birthright citizenship in the United States.
The dollar hit a 40-year high against the yen on Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data that could strengthen the case for a Federal Reserve rate hike this month.
A look at the day ahead in European and global markets from Wayne Cole.
Lower crude prices following the Iran ceasefire are improving the near-term outlook for European equities, but many remain unconvinced this heralds a rotation away from the U.S. after several years of AI-driven earnings growth.
Asian share markets started the new quarter in a cautious mood on Wednesday as talks between the United States and Iran hit new hurdles, while investors stayed alert for possible Japanese intervention as the yen plumbed fresh 40-year lows.
One stage of the Iran war has ended, but the world may be mistaking a pre-election pause for lasting peace. Tehran’s economic leverage will likely remain strong through the U.S. midterm elections in November, but could weaken once the votes are counted, raising the risk of renewed confrontation afterward.
When Greece’s debt crisis struck in 2009, George, owner of a jewellery shop outside Athens, found himself saddled with a new €100,000 loan just as his business turnover plummeted.
China’s covert military training of Russian forces last year was personally approved by President Vladimir Putin’s defence minister and directly involved at least four Russian and Chinese generals, according to two European officials and documents seen by Reuters.