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Methane emissions from energy sector rose in 2023: IEA
Planet-heating methane released by the fossil fuel industry rose to near record highs in 2023 despite technology available to curb this pollution at virtually no cost, the International Energy Agency said Wednesday. It said nearly 120 million tonnes was released in 2023 -- a small rise compared with 2022, and close to the record high in 2019.
UK agrees closer Texas trade ties as US talks stall
Britain signed a trade agreement with Texas on Wednesday after it failed to secure a post-Brexit deal with the wider United States. As well as failing to secure a US-wide deal, negotiations have paused on talks with Canada.
Streaming giant Spotify adds music videos to output
Music streaming giant Spotify on Wednesday announced it would be posting music videos on its platform in "select markets", entering an arena long dominated by YouTube. Google's streaming behemoth YouTube has long dominated music videos online, with much of the platform's most-viewed content being music videos.
Volkswagen 2023 profits rise, but warns on slow sales growth
German auto giant Volkswagen on Wednesday reported a forecast-beating rise in profits for 2023 as vehicle deliveries rebounded but warned of slower sales growth this year, sending its shares down. Sales growth is similarly expected to come in at five percent, well down on 2023.
EU media freedom law approved by lawmakers
The EU is set to better protect journalists from political pressure and surveillance under an unprecedented media freedom law approved by the European Parliament on Wednesday.
Adidas reports 2023 loss on Kanye fallout
Adidas on Wednesday reported a loss in 2023 due to the fallout from the end of its tie-up with Kanye West, but the company insisted it was starting to turn its fortunes around. But CEO Bjorn Gulden, who was brought in to lead the company from rival outfitter Puma shortly after the West tie-up fell apart, struck an upbeat tone.
What's included in the new EU law on AI
The European Parliament on Wednesday gave the final nod to far-reaching rules on artificial intelligence that the EU hopes will both harness innovation and defend against harms. Those risks could include causing serious accidents, being misused for far-reaching cyberattacks, or to propagate harmful biases online.
EU parliament adopts 'historic' rules on AI
The European Parliament gave final approval on Wednesday to wide-ranging EU rules to govern artificial intelligence, including powerful systems like OpenAI's ChatGPT. Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the possible risks of a technology developing at breakneck speed, while also fostering innovation on the continent.
Musk visits Tesla's sabotage-hit German factory
Elon Musk travelled Wednesday to Tesla's factory near Berlin to lend his workers "support" after the plant was forced to halt production by a suspected arson attack on nearby power lines. With his son X AE A-XII in his arms, Musk said: "I am here to support you."
AFP
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