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20199 articles published since 08 Mar 2022

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AI bots need consent to use our material, say news groups
AI bots need consent to use our material, say news groups
Business and Economy

Artificial intelligence firms must ask for permission before using copyrighted text and images to generate content, a consortium of news groups said on Wednesday. AI tools like chatbot ChatGPT and image generators DALL-E 2, Stable Diffusion and Midjourney exploded in popularity last year with their ability to generate a wealth of content from just brief text prompts.

How China is responding to economic challenges
How China is responding to economic challenges
Business and Economy

China on Wednesday reported it had entered deflation for the first time since 2021 -- the latest indicator pointing to a slowdown in the world's second-largest economy. - Deflationary spiral - While on paper falling prices may seem like a good thing for purchasing power, a drop into deflation poses a long-term threat.

Cathay Pacific reports first half profit amid travel recovery
Cathay Pacific reports first half profit amid travel recovery
Business and Economy

Hong Kong carrier Cathay Pacific on Wednesday swung to a healthy profit in the first half of the year thanks to a pick-up in travel, with the airline expecting passenger capacity to reach 70 percent of pre-pandemic levels by end of the year. He added that Cathay would hit its target of "70 percent pre-pandemic passenger flight capacity levels... by the end of 2023".

Asian markets struggle after more weak China data
Asian markets struggle after more weak China data
Business and Economy

Asian markets wavered Wednesday after data showing the first drop in Chinese consumer prices compounded worries about the world's number two economy. The 0.3 percent drop in China's July consumer prices was the first since the start of 2021 and comes as slowing domestic spending weighs on the country's post-Covid recovery.

China slips into deflation as post-Covid recovery falters
China slips into deflation as post-Covid recovery falters
Business and Economy

China slipped into deflation as consumer prices contracted last month for the first time in more than two years, official data showed Wednesday, as slowing domestic spending weighs on the country's post-Covid economic recovery. Meanwhile, the producer price index fell again in July by 4.4 percent, marking the 10th consecutive month of contraction.

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