Page 697 - World News

Meta to invest up to $65bn in AI infrastructure this year: Zuckerberg

Big technology companies have been investing tens of billions of dollars to develop AI-related infrastructure after the meteoric success of ChatGPT highlighted the potential for the technology

Google pledges fight against fake reviews in deal with competition watchdog

Google pledged to crack down on fake online reviews with tougher punishments for rogue reviewers and businesses that try to profit from them, British regulators said Friday following an investigation.

US will let sanctioned Russian oil tankers offload by Feb 27: Oil Secy

India became the top buyer of Russian sea-borne oil sold at a discount after Western nations imposed sanctions on Moscow

UK to convince Donald Trump not to impose 'unnecessary' trade tariffs

Business and Trade Secretary Jonathan Reynolds told the BBC that the United States did not have a trade deficit with the UK on manufactured goods, which would make tariffs unnecessary

Trump signs executive order to declassify JFK, RFK, MLK assassination files

Donald Trump's executive order directs the director of national intelligence and the attorney general, once confirmed, to devise a plan within 15 days to release the remaining JFK files

China FY24 revenue growth falls, non-tax income jumps amid market slump

Fiscal revenues in 2024 totalled 21.97 trillion yuan ($3.03 trillion), including 17.497 trillion yuan in tax receipts and 4.473 trillion yuan in non-tax income

Kremlin rejects Trump's claim that lower oil prices could end Ukraine war

Asked to comment on Trump's claim that Ukrainian President Volodymyr Zelenskyy is ready for a peace deal, Peskov pointed out the Ukrainian leader's earlier decision to rule out any talks with Moscow

WHO chief plans cost cuts, revised priorities after US exit, document shows

The United States is by far the WHO's biggest financial backer, contributing around 18% of its overall funding. WHO's most recent two-year budget, for 2024-2025, was $6.8 billion

China's R&D investment grows despite slower funding, US tops global list

China's R&D intensity, which measures expenditure as a percentage of GDP and serves as a benchmark for innovation capability and competitiveness, remained stable at 2.68 per cent in 2024

Putin ready to speak to Trump, wants to start nuclear cuts talks: Kremlin

Russian President Vladimir Putin has also made clear he wants to restart nuclear arms cuts talks as soon as possible

LG Energy Solution plans to cut capex on slowing EV demand after Q4 loss

The company, which makes batteries for Tesla, General Motors and Volkswagen, reported an operating loss of 226 billion won ($158 million) for the October-December period

Trump's first week: 538 illegal migrants arrested, hundreds deported

The Trump administration arrested 538 illegal migrants, including criminals and a terrorist, deporting hundreds to secure US borders

CNN announces 200 job cuts, $70 mn digital investment to revamp strategy

To counter traditional TV decline, CNN is launching a global streaming service, creating hundreds of new roles, with the first 100 positions to be filled by mid-2025

China's used car exports surge, driven by demand from Central Asia

The Khorgos Gateway, connecting northwest China to Kazakhstan, has become a major export hub for China's pre-owned cars

Afghan women's group hails ICC's decision to arrest Taliban leaders

Since they took back control of the country in 2021, the Taliban have barred women from jobs, most public spaces and education beyond sixth grade

Donald Trump says he plans to reach out to North Korea's Kim Jong Un

President Donald Trump said that he will reach out to North Korean leader Kim Jong Un, who he described as a smart guy

US lawmaker condemns policy for 'ageing out' children of H-1B visa holders

Children of H-1B visa holders who turn 21 before their parent secures a Green Card can lose their dependent status and age out of the ability to obtain a permanent resident card

Ukraine reforming its recruitment efforts to attract younger soldiers

While Ukraine passed a mobilisation law last spring and lowered the age of conscription from 27 to 25 years old, the measures have not had the impact needed to replenish its ranks

China's social media under fire over xenophobic content after stabbings

The algorithms used by Chinese platforms, which are optimised to maximise user engagement, contribute to the spread of controversial content, including hyper-nationalistic posts

US lawmakers introduce bill to repeal China's preferential trade status

China is the US's largest trading partner, with bilateral trade hitting a record $690.6 billion in 2022