A winner of this year’s Nobel prize in economics warned Monday that artificial intelligence offers "amazing possibilities" but should be regulated because of its job-destroying potential. And it also obviously has an amazing potential for destroying other jobs or replacing highly skilled labor.
Plant-based "steaks" and "veggie burgers" may be on the way out in the European Union after the bloc's parliament voted Wednesday to restrict such labels to meat only, in a win for disgruntled farmers. It is not the first time veggie burgers have found themselves in the crosshairs of European lawmakers, with a similar proposal for a ban rejected in 2020.
Germany's economy will eke out meagre growth in 2025 before picking up speed next year, the government Wednesday said as it raised forecasts, but called for "decisive reforms" for a sustained recovery. In its latest forecasts, the economy ministry said it did not expect a third year of recession in 2025, although the economy would only grow 0.2 percent.
The Nigerian currency, the naira, has dipped in value after weeks of appreciation in the foreign exchange market. The naira's fall came amid CBN's intervention
The EU on Wednesday told European businesses in critical sectors to ramp up their uptake of artificial intelligence and pushed for the bloc to cut its dependence on foreign AI providers.
Lagos State has retained its position as the Nigerian state with the highest internally generated revenue for 2024, followed by Rivers, and the FCT.
At the foot of the Simandou mountains in southeast Guinea's lush tropical forest, thousands of workers, trucks and excavators are digging up the hills. "When you look at the Simandou railway's route, it passes very far from all of Guinea's major cities," he said.
Gold prices broke $4,000 for the first time Wednesday as investors piled into the safe haven over expectations for US interest rate cuts and worries over the US government shutdown. Gold -- long considered a go-to in times of uncertainty -- climbed to a high of $4,006.68 Wednesday, even as the dollar has pushed up against most of its peers in recent days.
When Donald Trump was elected, Indian garment exporter R.K. Sivasubramaniam thought the new US president would boost business and invested heavily in anticipation of a boom. "We cannot give that much," said Sivasubramaniam, whose desk carries crossed US and Indian flags.
President Donald Trump said Canadian Prime Minister Mark Carney would be "very happy" after their trade talks at the White House Tuesday, but offered no immediate concessions on lifting steep US tariffs. But Carney, who faced pressure at home to get a deal during his second White House visit since taking power in April, left without any firm promises that tariffs would be lifted.
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