AFP
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US probes security risks posed by Chinese tech in cars
US President Joe Biden announced an investigation Thursday into the national security risks posed by Chinese tech in cars, warning they could be used to collect sensitive data. "China's policies could flood our market with its vehicles, posing risks to our national security."
US Fed's favored inflation gauge falls, but price pressures remain
The US central bank's favored measure of inflation edged lower on an annual basis in January, government data showed Thursday, but a metric stripping out volatile food and energy prices jumped month-over-month. The closely watched "core inflation" measure, which strips out volatile food and energy costs, also eased, rising by 2.8 percent on an annual basis.
Italy says it wants Chinese carmakers but only under conditions
Italy will closely study any investments by Chinese carmakers, a minister said Thursday, after another minister said Wednesday the country was in talks with three Chinese manufacturers. Minister of Economic Development Adolfo Urso said Wednesday he was in talks with three Chinese automobile groups, without naming them.
EU lawmakers back transparency rules for Airbnb-style rentals
The European Parliament approved new data-sharing rules Thursday that clamp down on illegal short-term rentals to protect the residents of European cities -- many of whom face shortages of affordable housing.
British Airways owner IAG, Air France-KLM post bumper profits
Europe's aviation industry extended a bounceback from the Covid pandemic on Thursday, as British Airways owner IAG and Franco-Dutch rival Air France-KLM posted bumper 2023 profits.
WTO ministers struggle to forge fish, farm, digital deals
World trade ministers were locked in disagreement on fisheries subsidies, agriculture and digital customs duties as a major WTO conference entered its last scheduled day on Thursday. They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.
WTO talks enter final day with no clear sign of progress
The World Trade Organization's 13th ministerial conference (MC13) in Abu Dhabi entered its last scheduled day on Thursday, with major issues still stuck in the weeds. As of Thursday morning, there were no major signs of a breakthrough, with a formal closing session initially scheduled for 8:00 pm (1600 GMT) pushed to midnight (2000 GMT).
Liverpool announce £9 mn loss for 2022/23 season
Liverpool made a pre-tax loss of £9 million ($11.4 million) last season as increased commercial income failed to offset a drop in media and matchday revenues, the club's latest accounts revealed on Thursday.
Zuckerberg, S. Korea's President Yoon talk AI cooperation
Meta chief Mark Zuckerberg met South Korea's President Yoon Suk Yeol in Seoul Thursday and discussed cooperation on AI and ways to prevent fake news circulation ahead of key elections, Yoon's office said.
AFP
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