(Reuters) – A pioneer of artificial intelligence said he quit Google to speak freely about the technology’s dangers, after realising computers could become smarter than people far sooner t[...]
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May 9, 2023
Marketmind: US uncertainty feeds caution in Asia
A look at the day ahead in European and global markets from Asia markets correspondent Kevin Buckland. European investors hoping to find some clues on market direction from Asia may be disappointed to[...]
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Two European funds call on J-Power to disclose emissions reduction goals
By Makiko Yamazaki and Katya Golubkova TOKYO (Reuters) -Two major European asset managers have jointly filed a shareholder resolution at Japanese electricity generator Electric Power Development Co Lt[...]
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BOJ’s Ueda says yield control will end when price goal achievement foreseen
By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday the central bank will end its yield curve control policy and then start shrinking its balance sheet, once prosp[...]
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Dubai DXB airport Q1 passenger traffic reaches 96% of pre-pandemic level
DUBAI (Reuters) – Dubai’s main airport registered a 55.8% increase in passenger traffic in the first quarter of this year compared to last year, reaching 95.6% of 2019 pre-pandemic levels,[...]
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LinkedIn cuts over 700 jobs, phases out China app as demand wavers
By Stephen Nellis (Reuters) – LinkedIn, the social media network owned by Microsoft Corp that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also[...]
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Japan’s spending downturn, wages decline heighten pressure on economy
By Kantaro Komiya TOKYO (Reuters) – Japan’s consumer spending unexpectedly fell in March at the fastest rate in a year, while real wages marked a twelfth month of decline on persistent inf[...]
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Republicans ask watchdog to assess US oil reserve management
WASHINGTON (Reuters) -Two Republicans on Monday asked a congressional watchdog to assess the Biden administration’s management of the Strategic Petroleum Reserve and audit its modernization prog[...]
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Yellen says pressures remain on some U.S. regional bank stocks but system sound
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Monday that some regional bank stock prices remained under pressure, but deposits had stabilized and regulators stood ready to[...]
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