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UK carbon emissions cut by half since 1990: experts
The UK has cut its carbon emissions by 50.4 percent since 1990 levels, a group of experts tasked with advising the government said on Wednesday. We've cut them by over 50 percent since 1990," interim committee chair Piers Forster.
UK to reintroduce nuclear weapon-capable aircraft under NATO
Britain will reintroduce fighter jets capable of carrying atomic weapons to support NATO's nuclear mission, Prime Minister Keir Starmer's office said, as he prepares for a Nato summit Wednesday.
China's premier warns global trade tensions 'intensifying'
Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening ceremony of the World Economic Forum. "Protectionist measures are significantly increasing and global economic and trade frictions are intensifying," Li added.
Stocks rally as Iran-Israel ceasefire holds, oil claws back some losses
Most equities extended a global rally Wednesday after Iran and Israel agreed to a ceasefire that ended more than a week of hostilities, while the dollar struggled to recover from a sharp drop stoked by bets on a US interest rate cut.
US judge allows using pirated books to train AI
A federal judge has sided with the AI company Anthropic in its practice of training a chatbot on copyrighted books without permission from the authors. Tremendous amounts of data are needed to train large language models powering generative AI. Musicians, book authors, visual artists and news publications have sued AI companies that used their data without permission or payment.
Spain moves to strengthen power grid after huge April blackout
The Spanish government on Tuesday announced a package of measures to strengthen its power grid and support renewable energy in a bid to avoid a repeat of the huge April blackout. The timeframe for installing new wind and solar energy facilities will be reduced and the government will facilitate developing power storage at renewable energy sites, notably through batteries.
US Fed chair to signal no rush for rate cuts despite Trump pressure
US Federal Reserve Chair Jerome Powell will tell Congress Tuesday that the central bank can afford to wait for the impact of tariffs before deciding on further interest rate cuts -- despite President Donald Trump's calls to do so.
EU lawmakers vote to bar carry-on luggage fees on planes
European lawmakers pushed on Tuesday to ban airlines from charging passengers for small carry-on luggage in a move strongly opposed by the aviation sector. Many low-cost air carriers include only one small on-board item in the ticket, charging extra for other hand baggage.
German budget plans outline vast spending - and record debt
Germany's government pledged Tuesday to make massive new investments by taking on record debt as it presented its budget plans with the aim of reviving the economy and building up the military. "Our primary goal is to boost the economy, to secure jobs in our country and to create new ones," said Finance Minister Lars Klingbeil, presenting the budget plans.
AFP
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