Where on Earth is big oil spending its $200bn profit bonanza? – The Economist
Towards the end of the second world war Franklin D. Roosevelt attended a fateful gathering of world leaders that helped determine the course of geopolitics...
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Google and Microsoft’s AI arms race could have ‘unintended consequences,’ an AI ethicist warns – CNN
Google is officially set to confront OpenAI’s ChatGPT — and soon. The tech titan, which has had a stranglehold on internet search for as long...
Digital pound likely this decade, Treasury says – BBC News
A state-backed digital pound is likely to be launched later this decade, according to the Treasury and the Bank of England. Both institutions want to...
January’s Hiring Boom Caught Economists by Surprise. Why Forecasts Often Miss the Mark – WSJ
January’s surge in hiring caught economists off guard. The Labor Department reported Friday that employers added 517,000 jobs to payrolls in January, after accounting for...
The AI boom: lessons from history – The Economist
It can take a little imagination to see how some innovations might change an economy. Not so with the latest ai tools. It is easy—from...
The world is creating more single-use plastic waste than ever, report finds – CNN
The world is producing a record amount of single-use plastic waste, mostly made from polymers created from fossil fuels, despite global efforts to reduce plastic...
Big Tech companies use cloud computing arms to pursue alliances with AI groups – The Financial Times
Big Tech companies are aggressively pursuing investments and alliances with artificial intelligence start-ups through their cloud computing arms, raising regulatory questions over their role as...
ECB raises rates, signals at least one more hike – Reuters
The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one more hike of the same magnitude next month,...
Bank of England Raises Rates to 4%, Its 10th Straight Increase – The New York Times
The Bank of England raised interest rates for a 10th consecutive time on Thursday, by half a percentage point, as policymakers kept up their vigilant...
Global Minimum Tax Deal Advances With Partial Reprieve for U.S.-Based Companies – WSJ
The U.S. prodded other major countries to agree to a coordinated global corporate tax increase. Now, international officials are moving ahead with their tax increases...