World News
JCR upgrades India's sovereign rating to A-, flags high govt debt
Japan Credit Rating Agency cites solid economic growth, policy measures and a stronger financial system, but says elevated debt and fiscal deficits remain structural constraints
 "JCR upgrades India's sovereign rating to A-, flags high govt debt")
US government backs OpenAI in New York Times', others' copyright case
US separately told G20 officials at a meeting in North Carolina on Wednesday that their countries should embrace fair use and allow AI companies to train their models on creators' work
 "US government backs OpenAI in New York Times', others' copyright case")
Saturday Evening Post to cease print publication after 205 years
The magazine, which debuted in 1821, will continue to publish new articles and fiction online.
 "Saturday Evening Post to cease print publication after 205 years")
China's Xi urges new Middle East security framework during Egypt visit
Xi also said China was ready to work with regional countries to safeguard shipping routes, an issue that has taken on greater importance after conflict disrupted traffic through the Strait of Hormuz
 "China's Xi urges new Middle East security framework during Egypt visit")
Uber to cut 10% of jobs, or 3,300 roles, to reduce management layers
The cuts will reduce the number of managers in the company by 20%, with some being moved to the role of an individual contributor, an Uber spokesperson said.
 "Uber to cut 10% of jobs, or 3,300 roles, to reduce management layers")
US private payroll growth slows in August; factory orders rebound in July
Education and health services payrolls increased by 45,000 positions. The leisure and hospitality sector added 16,000 jobs, while financial activities payrolls rose by 6,000.
 "US private payroll growth slows in August; factory orders rebound in July")
Floods aftermath: Nepal seeks climate compensation from India, China, US
China, the US and India have made "extremely large" contributions to climate change and left smaller nations "enduring the price of it," Nepal's Foreign Minister Shisir Khanal told Kantipur TV.
 "Floods aftermath: Nepal seeks climate compensation from India, China, US")
Earth will soon exceed safe temperature threshold: United Nations
Earth is soon going to exceed the safe temperature threshold agreed upon by the world in the 2015 Paris climate accord because of warming from the burning of coal, oil and gas
 "Earth will soon exceed safe temperature threshold: United Nations")
Belgian PM to focus on diamonds, defence, maritime ties during India visit
Bart De Wever's three-day visit will explore deeper trade and investment ties, defence and maritime cooperation, and opportunities from the India-EU free trade agreement
 "Belgian PM to focus on diamonds, defence, maritime ties during India visit")
US oil giant Chevron confirms it will expand operations in Venezuela
Chevron is confirming that it will expand its operations in Venezuela, just days after Trump announced an ambitious deal to develop the nation's oil reserves, give the Pentagon a stake in the profits
 "US oil giant Chevron confirms it will expand operations in Venezuela")
Dutch central bank shifts billions in gold to London in 'preparedness' move
The Dutch central bank moved 86 tonnes of gold from New York and Ottawa to London, saying the shift will make its reserves more tradable and accessible in a crisis
 "Dutch central bank shifts billions in gold to London in 'preparedness' move")
Data centre spending to reach $31.6 trillion by 2050 on AI boom
At the same time, the tech industry is trying to blunt a backlash against data centers that threatens to slow down the buildout.
 "Data centre spending to reach $31.6 trillion by 2050 on AI boom")
Trump says he's nominating acting Navy Secretary Hung Cao for permanent job
"I am pleased to nominate a true WARRIOR," Trump wrote on social media, prodding the Senate "to confirm this Warfighter, ASAP."
 "Trump says he's nominating acting Navy Secretary Hung Cao for permanent job")
Apple Maps renames Lake Ontario to 'Lake America' after Trump order
Apple took the step after Trump signed a directive changing the name, escalating a trade spat with Canada. The order gave the Int Dept 30 days to make the switch in federal databases and materials
 "Apple Maps renames Lake Ontario to 'Lake America' after Trump order")
EU seeks new Russia sanctions after drone attack as Germany probes sabotage
Lithuanian Foreign Minister said, "Our goal is to show that these activities will neither intimidate us nor prevent us from supporting Ukraine and maintaining our pressure on Russia."
 "EU seeks new Russia sanctions after drone attack as Germany probes sabotage")
Indonesia's 2027 palm oil output to drop 2.9% to 56.8 MT, GAPKI says
"Due to dry weather, many companies have stopped fertilising, because even if we apply fertiliser, it would be wasteful as it will vaporise," GAPKI secretary general Hadi Sugeng said
 "Indonesia's 2027 palm oil output to drop 2.9% to 56.8 MT, GAPKI says")
Two oil tankers disabled after hitting mines: Iran's Revolutionary Guards
The tankers had been forced to disembark their crews and were placed in the hands of U.S. operatives to pass through what it called an "illegal route" in the strategic waterway
 "Two oil tankers disabled after hitting mines: Iran's Revolutionary Guards")
Berkshire CEO Greg Abel sees opportunity for energy business from AI
Abel said Berkshire's energy business could also benefit from AI growth, given the amount of electricity needed to run data centers.
 "Berkshire CEO Greg Abel sees opportunity for energy business from AI")
UNEP says 1.5°C warming breach is inevitable, urges rapid emissions cuts
UNEP says the amount of warming the world sees will depend on how quickly countries cut greenhouse gas emissions
 "UNEP says 1.5°C warming breach is inevitable, urges rapid emissions cuts")
Germany's industrial giants push for 40-hour week as labour costs rise
Top executives are arguing that high labour costs are eroding Germany's competitiveness
 "Germany's industrial giants push for 40-hour week as labour costs rise")