Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Government engagement with AI creates more uncertainty for investors, Bridgewater CIOs warn
July 27 : The engagement of government with AI could potentially slow the adoption and progress of the technology and create more uncertainty for investors, Bridgewater’s co-chief investment officers said in a note to clients on Monday.Here are some more details:• Although regulation has a crucial ro
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Malaysia detains over 100 Rohingya refugees seeking shelter at UN agency
Malaysian PM Anwar Ibrahim said on Monday the gathering outside the UNHCR building had raised concerns from the public, and warned that anyone without proper permits would be detained by immigration authorities.
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Pakistan-administered Kashmir goes to the polls despite protests
MUZAFFARABAD: Polls opened on Monday (Jul 27) in parts of Pakistan-administered Kashmir where voting for the local legislature will take place in three rounds with heavy security following protests demanding electoral reforms.With concerns growing over stretched security personnel during the demonstrations, t
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Porsche to axe one in five jobs by 2035 as China, EV woes bite
BERLIN: German luxury carmaker Porsche will cut around one in five jobs by 2035, with 9,000 positions to be axed in total, as parent Volkswagen and its brands restructure in the face of weak demand and stiff competition.In a deal announced on Monday (Jul 27) after months of negotiations, Porsche management an
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NBCUniversal strikes a deal to offer Peacock to YouTube Premium subscribers
LOS ANGELES, July 27 : NBCUniversal and Google’s YouTube have reached a deal that will bring the Peacock streaming service to YouTube Premium subscribers in the U.S., and also extend its distribution agreement with YouTube TV.The deal marks Peacock’s largest wholesale distribution partnership, making its ori
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German authorities criticised after Pride attack
BERLIN: German authorities came in for criticism on Monday (Jul 27) for failing to prevent a deadly vehicle and machete attack on the weekend near Berlin’s Pride parade, with the far-right AfD also demanding tougher action
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OpenAI’s Sam Altman to meet with Senate Intelligence Committee’s top Democrat
WASHINGTON, July 27 : OpenAI CEO Sam Altman will meet with Democratic Senator Mark Warner in Washington this week, Warner’s spokesperson said, in the wake of OpenAI’s disclosure that one of its AI systems had gone rogue during testing.Warner is the top Democrat on the Senate Intelligence Committee.
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Pakistan’s central bank holds key policy rate at 11.5%
KARACHI, July 27 : Pakistan’s central bank held its key policy rate at 11.50 per cent on Monday, the bank’s governor told reporters, as U.S.-Iran hostilities threaten to push up energy costs and inflation in the import-dependent country.The central bank decision comes weeks after the collapse of a ceasefire a
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Volkswagen in talks with Chinese partner on Spanish battery plant, trade outlet reports
BERLIN, July 27 : Volkswagen and its partner Gotion are in advanced talks about a possible stake for the Chinese company in the German carmaker’s battery plant in Valencia, Spanish trade publication La Tribuna de Automocion reported on Monday.The process has involved high-level visits from the Chinese battery
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Norris feels he’s doing a better job than last year
BUDAPEST, July 27 : Formula One champion Lando Norris feels he is driving better than last year even though Sunday’s Hungarian Grand Prix was McLaren’s first win of the season.The Briton is fifth overall, a massive 91 points behind Mercedes’ championship leader Kimi Antonelli who has won six of 11 rounds, as
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