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AI's threat to world may be 'more urgent' than climate change: Pioneer

He added: "With climate change, it's very easy to recommend what you should do. If you do that, eventually things will be okay. For this it's not at all clear what you should do"

Wall Street climbs as investors cheer upbeat Apple earnings; Dow up 1.3%

US employers add 253,000 jobs in April; Lyft slumps as lower fares stoke margin concerns

Apple stakes future growth on emerging markets, starting with India

By Stephen Nellis

Covid-19 no longer represents a global health emergency, says WHO

The WHO's emergency committee first declared that Covid represented its highest level of alert more than three years ago, on Jan. 30 2020

US job growth beats expectations in April; unemployment rate falls to 3.4%

Average hourly earnings gained 0.5% after advancing 0.3% in March. Wages increased 4.4% on a year-on-year basis in April after climbing 4.3% in March

Britannia Industries Q4 results: Net profit rises 47% on strong demand

Total revenue from operations rose more than 13% to Rs 4,023 crore, helped by an expansion in its distribution network

World food prices index rise in April for first time in a year: FAO

The Rome-based agency said the April rise reflected higher prices for sugar, meat and rice, which offset declines in the cereals, dairy and vegetable oil price indices

India's forex reserves rise to a 10-month high of $588.78 billion

For the week to which the forex reserves data pertains, the rupee had ended 0.3% higher against the U.S. dollar and traded in a range of 81.61 to 82.10. The local unit had hit a three-month high of 81

India considering allowing foreign investment in nuclear power industry

The recommendations will next be submitted to Modi's office, said the officials, without giving a timeline

Go First locks horns with lessors in a bid to begin bankruptcy hearings

By Arpan Chaturvedi and Siddhi Nayak

Global gold demand fell in 1st quarter amid reduced investor buying: WGC

Demand shot to an 11-year high in 2022 thanks to the biggest central bank on record. Gold prices, meanwhile, are near record highs above $2,000 an ounce

Sebi to tell brokers, mutual funds to limit use of financial influencers

Sebi will ask brokers, traders registered with it and mutual funds to stop associating with financial influencers who are seen to be giving misleading advise and inducing investors, the report said

Stable macro data, earnings trigger FPI buying in shares in April: NSDL

The benchmark Nifty 50 jumped 4.06% in April, its best month since November, aided by the stable earnings as well the return of the FPIs into domestic equities

Manappuram Finance says enforcement action against promoter, not company

Manappuram's promoter, V.P. Nandakumar, said in the notification that the probe was not related to the company but a private entity called Manappuram Agro Farms, which is no longer in existence

India to amend power policy draft to halt new coal-fired capacity

India plans to stop building new coal-fired power plants, apart from those already in the pipeline, by removing a key clause from the final draft of its National Electricity Policy

Fed up with returns, Europeans drain billions from banks: Report

The trend emerged as some of the region's biggest lenders outlined a profitable start to the year in results that also offered a glimpse of a phenomenon dubbed a "bank walk"

Moscow says US behind Kremlin drone attack, Russian forces target Kyiv

The European Union is setting aside €500 million ($551 million) to boost manufacturing of artillery shells, missiles and gunpowder in an effort to speed up production of ammunition for Ukraine

US regional banking woes worsen: PacWest, Western Alliance stocks tumble

The bank had confirmed an earlier Reuters report on Wednesday that it was exploring strategic options, including a potential sale or capital raising

Go First pilots rush to Air India's job drive after it files for bankruptcy

Go First's announcement on Tuesday that it had filed for bankruptcy as demand for post-pandemic air travel in the world's most populous country boomed came as a shock to many employees

UBS weighs options for sale of Credit Suisse's Swiss unit, say reports

UBS is studying plans to sell the Swiss banking business of Credit Suisse in an initial public offering (IPO) after taking over its smaller rival, the people said, speaking on condition of anonymity