Elon Musk-led X started facing a glitch on May 22 due to data...
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Russia to defend its vessels in the Baltic Sea by all legal means
The comments come as Baltic nations grow increasingly concerned...
Aircraft lessor SMBC proceeds from Russian jet insurance settlements hit $1.4 billion
That brought SMBC’s total recoveries from claims following the...
Meta, OpenAI sued by Sarah Silverman sues over copyright
The lawsuits underscore the legal risks developers of chat bots face when using troves of copyrighted material to create apps that deliver realistic responses to user prompts Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against...
London is falling down and it’s because of climate change
That phenomenon — known as subsidence — has become worse in the UK after last year’s drought and a deadly heat wave that pushed temperatures past 40C (104F) in July 2022 to record levels The damage has triggered the highest insurance payout in almost two decades, with...
Robots say they won’t steal jobs, rebel against humans
In the world’s first human-robot press conference, they gave mixed responses on whether they should submit to stricter regulation The nine humanoid robots gathered at the ‘AI for Good’ conference in Geneva, where organizers are seeking to make the case for artificial...
Allianz ropes in AIG’s Christian Sandric as commercial managing director Asia
Christian Sandric In Asia, Allianz is targeting significant growth opportunities across the full Commercial segment which entails mid-sized companies, large multinational corporations and specialty business leveraging its extensive geographical network, enhanced...
World sees hottest June on record, North Atlantic ocean heats up
The rapidly warming planet has led to unusual spikes in air and sea temperatures that can wreak havoc on global weather, food supply chains and economies. The first El Niño in almost four years is also developing The area covered by sea ice in Antarctica reached its...
Britain to tap pensions for infrastructure as Thames Water toils
Britain's financial services were largely cut off from the EU due to Brexit, with Amsterdam overtaking London as the region's biggest share trading centre. UK chip designer ARM's decision to list in New York and not London has also piled pressure on Britain to bolster...
Siemens energy’s turbine troubles rattle wind sector
Siemens Energy shocked the wind sector in late June when it warned of faulty components and possible design faults in its onshore wind turbines Last year, the four biggest Western wind turbine makers – Vestas, GE, Siemens Energy’s Siemens Gamesa and Nordex made...
US seeks details on changes that Tesla made to Autopilot driver-assist system as part of crash probe
The request is part of a larger investigation into why Teslas operating on Autopilot have struck emergency vehicles that are stopped along highways while they are responding to other incidents. It covers all versions of automated driving system including "Full...
Ukraine urgently needs war risk insurance for rebuilding its economy – Finance minister
“Without international support, without war-risk insurance, we will not attract as much investment as we need for reconstruction,” Finance Minister Serhiy Marchenko told Bloomberg Television on Friday. “We need investment right now — we don’t need to wait until the...
China to end Ant Group’s regulatory revamp with fine of at least $1.1 bln-sources
Jack Ma,founder, Ant Group The penalty, which would be one of the largest ever fines for an internet company in the country, will help pave the way for the fintech firm to secure a financial holding company license, seek growth, and eventually, revive its plans for a...