For years, artificial intelligence researchers have warned of ways the technology could wipe out humanity: AI bots could design an unstoppable disease, unleash a nuclear war, or transform all of Earth into paper clip factories, as one thought experiment goes. Debates inside the AI industry and beyon
TAINAN, Taiwan (AP) — As China’s Xi Jinping arrives in Washington to meet with U.S. President Donald Trump, Taiwan expressed confidence that U.S. arms sales to the island that Beijing claims as its own will continue — despite China’s pressure. China has pressed Washington to halt the arms sales, mos
By Gregor Stuart Hunter SINGAPORE, Sept 23 (Reuters) – Singapore’s effort to offer trading in American stocks during Asia hours has gotten off to a sluggish start as rival products and wary investors keep early volumes extremely low, showing how hard it is for regional bourses to get a slice of dema
LONDON, Sept 23 (Reuters) – Business activity across the euro zone accelerated this month at its fastest rate in over three years, confounding expectations for a slowdown, but firms faced a steeper rise in operating costs, a survey showed. The S&P Global Flash Euro Zone Composite PMI Output Index ju
Sept 23 (Reuters) – Rivian Automotive is recalling 98,828 vehicles in the US due to an obstruction issue with the rearview camera image, potentially reducing the driver’s view behind the vehicle, the US auto safety regulator said on Wednesday. Here are some details: • The US National Highway Traffic
HONG KONG (AP) — Asian shares were mixed Wednesday after Wall Street held near its record and oil prices fell following U.S. President Donald Trump’s remarks that United States and Iranian officials had a “very good” meeting Tuesday on the sidelines of the U.N. General Assembly. U.S. futures edged u
In a summer filled with revelations about artificial intelligence’s rapid development, researchers were especially alarmed by runaway bots finding their way onto the internet and, in at least one instance, coordinating there with one another. Could a swarm of AI agents take over the entire internet?
By Greta Rosen Fondahn and Helen Reid STOCKHOLM/LONDON, Sept 23 (Reuters) – The billionaire family behind H&M is quietly increasing its stake, fuelling speculation it could take the fast-fashion retailer private as CEO Daniel Erver’s turnaround efforts have so far failed to boost the shares or lift
Sept 23 (Reuters) – Royal Caribbean Group said on Wednesday it had agreed to acquire a 50% stake in Caribbean resorts operator Sandals Resorts International for $3 billion, expanding the cruise company’s presence in land-based vacation experiences. Royal Caribbean has been focused on broadening its
Sept 23 (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. So far, it’s been the kind of day where the Australian dollar reaching parity on its Canadian cousin for the first time in more than eight years is the most eye catching event in markets. Wall Street futures
By Naveen Thukral and Sarah El Safty SINGAPORE/DUBAI, Sept 23 (Reuters) – Global wheat buyers holding out to replenish dwindling stocks face painfully higher costs when they return to the market in the coming weeks, with world prices soaring as the Russia-Ukraine war shows no signs of abating. Top w
By Claire Fu, Chenxi Yang and Nicoco Chan SINGAPORE/LIANYUNGANG, China, Sept 23 (Reuters) – From pre-bleached straight hair wigs to wavy clipped extensions and blinged-out coffin-shaped nails, sales of Chinese-made beauty accessories are surging across the United States. While friction over soaring
Sept 23 (Reuters) – ASX’s clearing and settlement facilities continue to fail to meet the central bank’s expectations in “several important areas”, including governance and risk management, despite progress during the year, Reserve Bank of Australia said on Wednesday. The exchange operator has been
KATHMANDU, Nepal (AP) — Sitting on the floor of a makeshift shelter for survivors of Nepal’s deadly recent floods, Tenzin Dolma Ghale said she had nothing left but the clothes she was wearing. Her entire village and members of her family were washed away by the surge of water and debris that killed
Sept 22 (Reuters) – SPEEA, the union representing Boeing engineers and technical employees, said on Wednesday that they recommended their members accept Boeing’s latest contract offer. Boeing and its engineering union reached a contract agreement this month, a four-year offer that includes higher ge
NEW YORK (AP) — Former President Bill Clinton opened this year’s Clinton Global Initiative conference Tuesday in New York, calling on attendees to promise to “step into the void created by retreating governments” following cuts by the United States and other nations to foreign assistance. “We know t
By Ankur Banerjee SINGAPORE, Sept 23 (Reuters) – The dollar steadied near its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, while easing oil prices on hopes for a diplomatic breakthrough to end the Middle East war kept investors on edge. The euro wa
TORONTO (AP) — Canadian Prime Minister Mark Carney said Tuesday that trade negotiations with India are making “good progress” and that the two countries are aiming to conclude talks by the G20 summit in mid-December. Carney also said India had, to his understanding, confirmed that Indian Prime Minis
NEW YORK (AP) — On a day of high-stakes diplomacy on the global stage, President Donald Trump began his United Nations visit by telling a prominent U.S. journalist, “You should not be here.” “It’s an honor to be here,” Trump said as he entered U.N. doors Tuesday ahead of his speech to the General As
President Donald Trump made myriad false and misleading claims during his address to the United Nations General Assembly on Tuesday, many of which he has repeated frequently throughout his second term in the White House. They covered topics such as U.S. munitions supply, drug seizures, oil and the e
Sept 22 (Reuters) – Treasury Secretary Scott Bessent could become President Donald Trump’s new AI czar, a source familiar with the discussions said on Tuesday, as fears grow among lawmakers in Washington about the risks posed by AI technology. Trump has repeatedly downplayed concerns about AI and a
By Michael S. Derby NEW YORK, Sept 22 (Reuters) – New York Federal Reserve President John Williams defended the US central bank’s monetary policy implementation system on Tuesday, while saying it can be adjusted and tweaked in line with changes in financial markets. Supplying “ample” reserves to the
By Jamie McGeever ORLANDO, Florida, Sept 22 (Reuters) – The Nasdaq sailed to a new a high on Tuesday, lifted by a wave of positive momentum around the AI outlook and another decline in global oil prices, while investors turned their attention to the US-China leaders’ summit in Washington later this
Sept 22 (Reuters) – Asset manager Apollo Global Management recorded lower withdrawal requests at its flagship private credit fund in the third-quarter tender offer, suggesting redemption queues are beginning to clear. Investors in Apollo Debt Solutions BDC (ADS) sought to withdraw roughly 14.7% of s
By Sinéad Carew Sept 22 (Reuters) – The S&P 500 Financial index and the benchmark’s bank sector were under pressure on Tuesday as investors worried about competition from artificial intelligence and uncertainty around AI-related initial public offerings, along with moves in the bond market that pote
By Michael S. Derby NEW YORK, Sept 22 (Reuters) – The idea of the US Treasury periodically investing some of its cash into private money markets got a favorable hearing at a panel of market participants held by the Federal Reserve Bank of New York on Tuesday. “At a high level, the Treasury reinvesti
By Stephen Nellis SAN FRANCISCO, Sept 22 (Reuters) – Microsoft on Tuesday said it will give the US Defense Advanced Research Projects Agency direct, on-site access to its latest quantum computing hardware as part of a new research center the company opened in Maryland alongside the University of Mar
By Ross Kerber Sept 22 (Reuters) – Microsoft will consider shareholder proposals at its annual meetings through next year, at the request of an activist looking to preserve investor rights as they come under pressure from a contentious U.S. Securities and Exchange Commission rule change proposed las
NEW YORK (AP) — Years ago, John Wilson began just walking out into New York with his camera. Wilson was freshly out of college and eager to establish himself as a filmmaker. But he was naturally timid. It took some gumption to leave his apartment in the Ridgewood neighborhood of Queens and start poi
By Courtney Rozen WASHINGTON, Sept 22 (Reuters) – US President Donald Trump bought as much as $50,000 worth of shares and sold as much as $15,000 in Elon Musk’s SpaceX in July, according to a public financial disclosure, his latest transactions involving a government contractor run by his former adv
