Governments, firms should spend more on AI safety, top researchers say

(Reuters) – Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding…

Taiwan frontrunner assails China as Foxconn probe becomes election issue

(Reuters) -Taiwan Vice President Lai Ching-te on Tuesday hit out at China over its probe of major Apple (NASDAQ:AAPL) supplier…

Novartis lifts 2023 earnings forecast for third time

(Reuters) – Switzerland’s Novartis (SIX:NOVN) on Tuesday raised its full-year earnings forecast for the third time, citing cost cuts and…

Computer parts maker Logitech raises full-year guidance

(Reuters) – Logitech International lifted its full-year guidance on Tuesday after the computer keyboard and webcam maker increased profit and…

Qantas, China Eastern Airlines withdraw request to regulator to extend pact

(Reuters) – Qantas Airways said on Tuesday the company and China Eastern Airlines (OTC:CEAYY) have withdrawn their application to the…

Barclays hints at big cost cuts as margin pressure intensifies

(Reuters) – Barclays hinted at major cost cutting later this year as the British lender warned competition for savers’ money…

Mitsubishi Motors to invest up to 200 million euros into Renault’s new EV unit

(Reuters) – Japanese automaker Mitsubishi Motors (OTC:MMTOF) will invest up to 200 million euros ($213.66 million) in the new electric…

Hermes sales beat expectations, defying luxury sector gloom

(Reuters) – Sales at Hermes rose briskly in the third quarter, beating expectations and outshining rivals as economic headwinds did…

Australia, U.S. leaders to discuss Pacific infrastructure, critical minerals

(Reuters) – Australia and the United States will announce plans to cooperate on critical minerals and bolster Pacific Islands infrastructure…

Lloyds Grapples With Share Value Reduction Amidst Rising UK Interest Rates

Amidst a challenging economic landscape, Lloyds (LSE: LON:LLOY), the leading mortgage lender in the UK, is grappling with a significant…