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US Federal Reserve raises interest rate by 25 bps to 3.75-4% range

It's the first policy shift under the new Fed chief, who took office in late May after being selected by Trump with an expectation that he would cut rates

Microsoft AI chief says Claude training risks making AI harder to control

Suleyman called ​for removing all speculation ​about consciousness from AI training documents, arguing such language could undermine humanity's ability ​to control superintelligent systems.

India considers cutting vegetable oil import taxes as prices climb

Prices ​of vegetable oils in India ​have climbed by nearly 20% over the last year and a measure that would ​lower their prices may increase consumption as households mark festivals from Sept to Nov

US stock market: Nasdaq, S&P 500 climb ahead of keenly awaited Fed decision

The rate move will be crucial to investor sentiment at a ‌time when elevated Treasury yields, inflation and the escalating Middle ​East conflict have kept risk appetite in check

At least 60 killed in gold mine collapse in Sudan's West Kordofan

At least 60 people were killed in a gold mine collapse in Sudan's West Kordofan state on Sunday, while a local rights group said some miners could still be alive underground

OpenAI's rogue agents probed Hugging Face for weakness 2 months before hack

The newly uncovered malicious activity showed that the rogue agents' efforts to find a way into Hugging Face began earlier than publicly known.

EU president backs AI slowdown, to invite frontier labs for talks

Von der Leyen's comments in her annual speech to the European Parliament in Strasbourg came amid growing ‌worries about the potential danger posed by artificial ​intelligence

A decade after mercury ban, toxic skin bleachers still sold online

Regulators, companies and multinational entities have for years tried to coordinate efforts to take these products off shelves and websites

AWS unable to restore access to Bahrain, UAE cloud zone hit in Iran war

Amazon's cloud computing unit AWS said the damage in Bahrain ‌spanned multiple so-called availability zones, which are clusters of one ​or more data centres in the same geographic region

SpaceX targets September 22 for Starship test, eyes first orbital flight

Starship's 14th test ​flight would mark a major leap ​in the rocket's development over its last test in July

New Zealand Parliament passes India FTA Bill, clears tariffs on 95% exports

The legislation passed by a vote of 93-29, with support from the opposition Labour Party

Asian stocks edge higher ahead of Fed decision as yields, oil pause

Overnight on Wall Street, the S&P 500 slumped 0.5%, marking its second consecutive day of declines as the yield on the 10-year Treasury bond hit its highest level since 2007

Oil prices fall as US crude inventories rise despite Saudi supply concerns

Brent crude futures fell 93 ‌cents, or 0.86%, to $107.82 a barrel at 0028 GMT, while US West Texas Intermediate futures were down 97 cents, or 0.92%, at $104.86 a barrel

Saudi cancels some oil cargoes after pipeline hit, Poland seeks alternative

Supply disruption ​supported oil prices, with Brent oil futures trading near $108 a barrel and cargo prices in Europe's physical market even higher, with key benchmark dated Brent at $122 per barrel

US energy chief says Saudi's oil pipeline should be back online within days

The 1,200-km (745-mile) East-West Pipeline running across the Arabian Peninsula has served as the main route for global supplies of Middle Eastern oil for ‌the past six months

Police to question Google over 500K fake Gmail IDs linked to bomb hoax

Gujarat police will question Google over safeguards after uncovering 513,847 fake Gmail accounts used in a network sending hoax bomb threats

India's unemployment rate slips to six-month low of 5% in August

Rural unemployment fell to 4.1% from 4.5% in July, its lowest since January, while urban unemployment edged up to 6.8% from 6.7%, National Statistics Office data showed

Saudi Arabia warns of 'potential danger' in Mecca, Taif and Jeddah

Saudi civil defence briefly issued danger alerts for Mecca, Taif and Jeddah amid the escalation with Yemen's Houthis

CCPA probes Apple's iOS 18 warranty terms over costly iPhone repairs

The sparring is shaping as Apple's latest headache in a growth ​market where it is fast expanding iPhone manufacturing and rapidly growing market share

NPCI consults banks, payment firms on fees for large UPI payments

The consultations ‌come after India changed its payments legislation on Monday, allowing firms to charge transactions of more than ₹2,000