Page 24 - World News

EU seeks energy alternatives as W Asia war leads to $113 bn in extra costs

Jorgensen said the ministers would discuss plans to accelerate the shift from fossil fuels to electricity and expand electrical infrastructure across the bloc

Bain: Artificial Intelligence market has to reach $6 trn to justify capex

Much of that value will have to come from new innovation rather than gains in employee productivity, Bain said in its 7th annual Global Technology Report released on Tuesday.

China expects strongest super El Nino event on record this year

The central and eastern equatorial Pacific started to show El Nino ‌conditions in May, and ​sea surface ​temperature indices have risen rapidly, officials of the ​National Climate Centre said.

Russian envoy Dmitriev discussed peaceful resolution to end Ukraine war: US

Putin envoy arrived "to continue ​constructive discussions on a peaceful resolution to the Russia-Ukraine conflict ‌and possible US-Russia energy initiatives ‌after the war ends," the US official said

Nepal plans to import up to 1,100 MW power from India this winter

Nepal plans to import up to 1,100 MW from India as floods and monsoon rains cut domestic hydropower capacity by about 640 MW

US arms sales unchanged, but $14 billion package remains on hold: Taiwan

The minister's remarks come as concerns mount that President Donald Trump could halt arms sales to Taiwan

US forces set to exit Iraq after two decades, leaving opening for Iran

Iraqi security experts say the withdrawal could give Tehran and its powerful allies free rein, while also allowing other US enemies to stage a comeback, including Islamic State

From motorcycles to booze, US ban on Canadian imports goes into effect

The ban amounts to barely a ripple in $880 billion worth of a two-way annual trade between the two northern neighbours

AI may force 11 million workers into new jobs by 2035, says McKinsey

Roughly 11 million American workers, or about 7% of the current workforce, may need to change jobs by 2035 because of artificial intelligence-related displacement, according to the report

CNN, MS NOW, Politico seek court order to retain White House access

The ‌news outlets asked a ​judge overseeing their case ​in Washington, DC, federal court to grant a preliminary ​injunction blocking Trump's bans until there is a final ruling in the case

'I offered nothing': Trump denies offering sanctions relief to Iran

Trump rejected reports that he was willing to ease sanctions and release frozen Iranian funds in exchange for concrete steps on Tehran's nuclear programme

Indian IT vendor jailed in Singapore for 28 weeks over data breach

Janarthanan Tamil Kovan, who worked as an IT vendor for Singapore's State Courts, pleaded guilty to allowing unauthorised remote access to a government laptop containing 18,016 files

Global AI industry needs to earn $6 trillion to justify data centres: Bain

The report comes as debate intensifies around the as-yet elusive returns for AI service providers

Anthropic warns AI may pose 'existential risks to humanity' in IPO filing

While public ​companies routinely outline product risks to investors, few, if any, ​have issued warnings suggesting their technology could cause potential human extinction

Sydney data centre plan scrapped by developer after community backlash

Goodman Group withdrew plans for a A$443.8-million data centre in Sydney's Lane Cove after residents raised concerns over its impact on homes, schools and local infrastructure

Myanmar military's airstrike near market kills at least 49 in Rakhine

The attack in western Rakhine state was the latest in a series of deadly airstrikes against pro-democracy resistance forces and ethnic armed groups across the country

AMD to acquire Fei-Fei Li's World Labs in $8.2 billion bet on physical AI

The acquisition gives AMD access to research on spatial intelligence, an emerging field focused on enabling AI systems to model three-dimensional environments and physical interactions

Trump's 100% pharma tariff kicks in today, select Indian drugs get relief

Specified speciality drugs from India and 19 other jurisdictions qualify for zero duty as the US extends its 100% pharma tariff to more companies; generics remain outside its scope

US national security, military to guard election systems during midterms

Hegseth said military intelligence and cybersecurity agencies will help protect election infrastructure from foreign threats during the November midterms

FBI puts gangster Goldy Brar on 10 most wanted list with $1 million reward

The FBI said Singh is allegedly involved in assassinations of political and religious figures, shootings, murders, kidnappings, extortions, assaults, and the trafficking of narcotics and weapons