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EU lawmakers to greenlight new spending rules
The EU hopes to move towards healthier public finances after the expected passage of reforms to the bloc's spending rules on Tuesday in the European Parliament. EU negotiators finally reached agreement on the reform in February and now the European Parliament must give its final green light.
In Brazil, hopes to use AI to save wildlife from roadkill fate
In Brazil, where about 16 wild animals become roadkill every second, a computer scientist has come up with a futuristic solution to this everyday problem: using AI to alert drivers to their presence.
Tesla earnings a 'moment of truth' for Musk after stumbles
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline. Tuesday's earnings and conference call are a "moment of truth" for Tesla and Musk, constituting "one of the most important moments in the company's history in our view," said a note from Wedbush.
Musk says X will appeal Australia injunction on church stabbing videos
Elon Musk said Tuesday his social media platform X will appeal against an Australian injunction forcing it to take down videos of a church stabbing in Sydney. Video of the bloody attack, which spread widely on social media platforms, has been blamed by Australian authorities for feeding tensions in the community. sft/mtp
Honda to build major EV plant in Canada: govt source
Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday. The Honda plant, to be built an hour outside Toronto, in Alliston, will also produce electric-vehicle batteries, joining existing Volkswagen and Stellantis battery plants.
N. Korea animators may have worked on Amazon, Max cartoons: report
North Korean animators appear to have worked on upcoming Amazon and Max cartoons, without the knowledge of either US-based Hollywood studio and in violation of sanctions against Pyongyang, a new report has found.
Chile steel plant reopens as tariffs imposed on Chinese imports
Chile's biggest steel plant has resumed activities after the government imposed a temporary tariff on Chinese imports. Then on Saturday, Chile's finance ministry imposed a temporary tariff ranging from 25 percent to 34 percent on Chinese steel imports.
EU threatens to suspend TikTok Lite app's 'addictive' rewards
The EU on Monday launched a probe into TikTok's spinoff Lite app and threatened to suspend an "addictive" feature on it that rewards users for watching and liking videos, amid child-safety concerns.
New EU spending rules bring back debt discipline focus
With an energy crisis and record high inflation in the EU's rearview mirror, Brussels believes the time has come for the bloc to focus on ensuring sound public finances. The indebted countries -- for example, Italy whose debt is 140 percent of GDP -- believed the pact was a straitjacket that penalised public investment.
AFP
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