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UK Labour touts pro-business shift as industry figures back party in election
The UK's Labour opposition vowed Tuesday to be both "pro-worker and pro-business" after winning the backing of 120 industry leaders as the party tries to oust the Conservatives in the upcoming general election.
Climate change caused 26 extra days of extreme heat in last year: report
The world experience an average of 26 more days of extreme heat over the last 12 months that would probably not have occurred without climate change, a report said on Tuesday. They concluded that "human-caused climate change added -- on average, across all places in the world -- 26 more days of extreme heat than there would have been without it".
120 business leaders back UK's Labour in election
The UK's Labour party won the backing on Tuesday of 120 business leaders, in a timely boost as it bids to oust the ruling Conservatives in the upcoming general election. Labour leader Keir Starmer and its finance spokesperson Rachel Reeves -- who is set to become finance minister if the party wins power -- have spent years wooing back business figures.
Shanghai lifts home-buying curbs to boost property sector
Shanghai has relaxed rules on buying property in the city, as local governments across China aim to ease an agonising real estate crisis that is dragging on the economy. This month, Beijing cut the minimum down payment rate for first-time homebuyers to its lowest level in history and suggested the government could buy up unused commercial real estate.
Luxury influencers vanish from Chinese social media in wealth crackdown
Chinese social media censors have blocked multiple influencers known for showing off their lavish lifestyles after an official campaign to curb displays of ostentatious wealth online was announced.
Asian markets diverge, dollar weakens ahead of US inflation data
Asian markets were mixed Tuesday as investors took a breather after the previous day's rally and as they gear up for the release of key US inflation data later in the week.
Brazil's new Petrobras chief calls to speed up oil exploration
The new boss of Brazil's Petrobras said Monday it was crucial that the state-run company "accelerate" oil exploration, including in a controversial offshore basin near the mouth of the Amazon River. The Equatorial Margin is a basin near the mouth of the Amazon River, that is considered Brazil's most promising frontier for oil exploration, with studies suggesting it holds massive crude deposits.
Argentina's Milei US-bound to meet tech bosses
Argentine President Javier Milei heads for the United States Monday for the fourth time since taking office in December, meeting tech giants as he seeks to "reposition" his economically troubled country, the government said.
OpenAI's Johansson gaffe pushes voice cloning into spotlight
OpenAI was forced to apologise to actor Scarlett Johansson last week for using her voice –- or something very similar –- on its latest chatbot, throwing the spotlight on to voice-cloning tech. OpenAI uses similar systems though they do not release any details.
AFP
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