World’s first major law for artificial intelligence gets final EU green light
European Union member states on Tuesday agreed upon the world’s first major law for regulating artificial intelligence.
Tech giants pledge AI safety commitments — including a ‘kill switch’ if they can’t mitigate risks
Major tech companies, including Microsoft, Amazon, and OpenAI, came together on Tuesday in a landmark international agreement on artificial intelligence safety.
One dead, 30 injured as Singapore Airlines flight encounters severe turbulence
One person has died aboard a Singapore Airlines flight which was diverted to Bangkok due to turbulence.
Iran begins days of nationwide funeral rites for President Ebrahim Raisi after helicopter crash
Services for Raisi will be held between Tuesday and Thursday in Tabriz, Qom, Birjand and Iranian capital Tehran, before his burial in Mashhad.
Britain’s inflation rate could be about to drop below the Bank of England’s 2% target
The headline inflation rate could be ‘momentous,’ but markets remain divided on the chance of a June cut and services will be the one to watch.
Yellen says U.S., Europe must respond jointly to China’s industrial overcapacity
U.S. Treasury Secretary Janet Yellen said on Tuesday that the U.S. and Europe needed to respond to China’s industrial policies in a “strategic and united way”.
Dubai Airports expects record passenger traffic this year, set to top 100 million by 2027
The CEO of Dubai Airports is very bullish about the future and expects passenger traffic to top 100 million by 2027.
European markets close lower as positive momentum fades
European markets closed lower Tuesday, reversing more positive sentiment seen at the start of the week.
AstraZeneca targets $80 billion in total revenue by 2030 in ‘post-Covid era’
Pharmaceutical company AstraZeneca is planning to increase its total revenue by 75% and release 20 new medicines by 2030, including cancer treatments.