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New Caledonia protesters, cops play cat and mouse before Macron's arrival

Macron will meet elected officials and local representatives on Thursday for a day of talks focused on politics and on the reconstruction of the island, his aides said

Chinese tech giants cut prices of language models used to power AI chatbots

It was quickly followed by Baidu, which hours later announced that its Ernie Speed and Ernie Lite models would be free for all business users

US antitrust law alleging iPhone mkt monopoly should be dismissed: Apple

In the letter to the judge, Apple said the DOJ relies on a new theory of antitrust liability that no court has recognized.

Not halted any orders of Nvidia's advanced chip in market, says Amazon

The Project Ceiba transition was announced by the two firms in March when Nvidia unveiled the new Blackwell chips

Explainer: Understanding AI PCs and the underlying technology powering them

PC makers are hoping such features will help draw in buyers as more people lean on generative AI for everything from sending emails to planning vacations

New Zealand proposes 6.6% cut in its defence spending amid personnel woes

The cuts put New Zealand at odds with many of its traditional partners, such as Australia and Japan, which are ramping up spending in response to China's growing military presence in the region

Indian bond yields flat as traders eye next move to infuse cash in system

The government has bought back securities aggregating to only around Rs 17,900 crore ($2.15 billion), against notified quantum of Rs 1.60 trillion in May

Japan's exports rise for 5th time in April on weak yen, biz mood stalls

In volume terms, however, Japanese shipments fell 3.2 per cent year-on-year in April, down for the third straight month

UK firms expecting hard time in China over next 5 years, warns lobby group

British business confidence is further constrained by growing risk of increased trade tensions due to a complex geopolitical environment, it added

Federal Reserve officials urge patience on timing of initial rate cut

The policymakers spoke as the Fed has downplayed talk of any further rate hikes, but also noted they feel the economy needs to cool further

California court considers law treating Uber, Lyft drivers as contractors

Uber, Lyft and other app-based services spent more than $200 million on a campaign to pass Prop 22 and have said that without it, the increased costs could force them to stop doing business

Republican-led states challenge Biden admin's environmental review reforms

They said the rule changes will make it more difficult for some projects to receive approvals if they might impact disadvantaged or minority communities

Equity traders seek cues from election shadow bets to combat uncertainty

Weeks before vote counting set for June 4, stock markets are closely tracking shadow-betting platforms that are flourishing nationwide

Asian stocks edge up on Nvidia hopes, NZ dollar jumps as bond yields spike

New Zealand's central bank offered a sobering assessment of its inflation problems, warning that rates would have to be higher

US assesses Russia's launched space weapon in path of American satellite

Russia deployed this new counterspace weapon into the same orbit as a US government satellite

Ivan Boesky, convict in 1980s insider trading scandal, dies at 87

Described as a "money-orientated monomaniac," Boesky himself said his work was "a sickness I have in the face of which I am helpless"

Second global AI summit secures safety commitments from companies

Alphabet's Google, Meta, Microsoft and OpenAI, and firms from China, South Korea and the UAE are among the firms

Europe sets benchmark for rest of the world with landmark AI laws

EU vote came two months after lawmakers backed AI legislation drafted in 2021

Actors union backs Scarlett Johansson after claim of voice misuse by OpenAI

OpenAI unveiled its latest artificial intelligence model, GPT-4o, last week, featuring an audio-interacting persona named "Sky"

Shell shareholders reject investor climate resolution filed by activists

The company, however, introduced a new 'ambition' to cut overall emissions from oil products such as gasoline and jet fuel sold to customers by 15-20% by 2030 compared with 2021