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20198 articles published since 08 Mar 2022

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Russian economic growth dips in second quarter as inflation rises
Russian economic growth dips in second quarter as inflation rises
Economy

The pace of Russia's economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of "overheating". The bank's governor Elvira Nabiullina said the economy was showing signs of "overheating" and pointed to difficulties with international payments -- an effect of Western sanctions -- as another factor driving up inflation.

X halts using personal data of Europeans to train AI
X halts using personal data of Europeans to train AI
Technology

Social platform X said Friday it would work European regulators after agreeing to suspended its heavily criticised use of European users' personal data to train its artificial intelligence chatbot Grok. That came after Ireland's Data Protection Commission said Thursday the social platform had agreed to suspend use of personal data contained in the public posts of X's users in Europe to train Grok.

China launches appeal at WTO over EU electric vehicle tariffs
China launches appeal at WTO over EU electric vehicle tariffs
Economy

Beijing said Friday it had filed an appeal with the World Trade Organization over the European Union's imposition of additional tariffs on imports of electric vehicles from China. "On August 9, China appealed to the World Trade Organization's dispute settlement mechanism over the EU's temporary anti-subsidy measures on EVs," a spokesperson for the country's commerce ministry said in a statement.

E-commerce tycoon Huang tops China's rich list
E-commerce tycoon Huang tops China's rich list
Economy

E-commerce tycoon Colin Huang has become China's richest man, an index showed Friday, capping an ascent for the former Google employee whose shopping site Temu has sucked in consumers with its low prices and all-powerful algorithms. In 2015 he founded online shopping site Pinduoduo, which blossomed into one of China's most successful e-commerce empires -- rivalling Jack Ma's Alibaba.

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