Stocks stutter with focus on Fed, tech after US reopen vote
Asian markets trod water Thursday as euphoria over the end of a record US government shutdown petered, with focus back on Federal Reserve interest rates and tech bubble worries. Lawmakers in Washington voted Wednesday night to send Donald Trump legislation to end the 43-day stoppage that shuttered key services and suspended the release of data […]
Striking Boeing defense workers to vote on latest contract
More than 3,000 striking Boeing defense workers will vote Thursday on a revised contract proposal that comes closer to their demands. Boeing’s latest offer — which has been endorsed by IAM District 837 union leaders behind the strike — includes an upfront “ratification bonus” of $6,000. If accepted, striking workers in the midwestern states of […]
EU lawmakers to vote on unpicking green business rules
European lawmakers are expected on Thursday to back weakening a set of EU environmental and human rights rules, as part of a business-friendly push against red tape that has split parliament. Parliamentarians in Brussels will vote for amendments to the legislation on corporate sustainability, a landmark law hailed by green and civil society groups but […]
Air traffic controllers warn of US shutdown strain
Aviation groups urged US political leaders to quickly resolve a budget impasse Wednesday, warning that the government shutdown strains air travel and delays key upgrades. The closure has led to staff furloughs throughout the government, even as vital functions such as aviation safety proceed. Some 13,300 US air traffic controllers and thousands of other essential […]
YouTube turns to AI to spot children posing as adults
YouTube has started using artificial intelligence (AI) to figure out when users are children pretending to be adults on the popular video-sharing platform amid pressure to protect minors from sensitive content. The new safeguard is being rolled out in the United States as Google-owned YouTube and social media platforms such as Instagram and TikTok are […]
World’s first humanoid robot games begin in China
The world’s first-ever humanoid robot games began Friday in Beijing, with over 500 androids alternating between jerky tumbles and glimpses of real power as they compete in events from the 100-metre hurdles to kung fu. Hundreds of robotics teams from 16 countries are going for gold at the Chinese capital’s National Speed Skating Oval, built […]
Google agrees to US$36m fine over Android search deals
Google has agreed to pay a Aus$55 million (US$36 million) penalty for striking “anti-competitive” deals to pre-install only its own search engine on Android mobile phones sold by two leading Australian telecoms firms. Australia’s competition authority said it had launched proceedings in the Federal Court and jointly submitted with Google Asia Pacific that it should […]
Apple to invest additional $100 bn in US
Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, US President Donald Trump said Wednesday. Trump announced the increased commitment at the White House alongside the tech giant’s CEO Tim Cook, calling it “the largest investment Apple has made in America.” […]
China says trade jumped in July, beating forecasts
China’s exports beat expectations and rose 7.2 percent year-on-year in July, official data showed Thursday, as overseas shipments buoyed its struggling economy even as it navigated a shaky trade war truce with the United States. The two economic superpowers agreed in Stockholm last month to hold further talks on extending the tariff truce. That deal […]
Michelin strengthens its presence in North and Central America
The French company Michelin successfully participated in the Media Day organized by the Guanajuato Automotive Cluster (CLAUGTO), an event that opened the doors of the automotive industry to the media, aiming to connect them directly with the ecosystem that powers the Automotive Supply Forum—one of the most important industrial gatherings in Mexico. Throughout the day, […]