Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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AI boom creates jobs but threatens others, dividing Nevada unions
Business AI boom creates jobs but threatens others, dividing Nevada unions Read a summary of this article on FAST. Get bite-sized news via a newcards
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World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks
WASHINGTON, Oct 28 : Global commodity prices are set to surge 23 per cent in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping during the Middle East war, grain shipment problems in the Black Sea and high demand for safe-haven assets such as gold.Oil, natura
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Dropbox plans 9% workforce cut, technology chief to exit
Oct 28 : File hosting service Dropbox said on Wednesday it would cut its global workforce by about 9 per cent to align investments with its top product and growth priorities, according to a regulatory filing.Here are some more details:• The cloud storage company estimates the layoffs will cost $27 m
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SAP swaps costly AI models for cheaper alternatives, targets over €2 billion in gains
Oct 28 : SAP, whose software is used by many of the world’s largest companies, is replacing some expensive artificial-intelligence models powering its products with cheaper alternatives, a move it expects will generate more than €2 billion in efficiency gains over the next two years.CFO Dominik Asam told Re
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AI giants’ funding ambitions test Wall Street’s appetite for risk
Oct 28 : The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout that has fueled much of this year’s stock market gains.Anthropic revealed paperwork for its initial public offering on Monday, paving the
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Belgium tax agency hit by cyberattack, shuts online portal
BRUSSELS, Oct 28 : Belgium’s Federal Public Service Finance said on Wednesday that a cyberattack had hit its digital services, forcing the temporary shutdown of the country’s online tax portal and several other services. The agency said there were no indications of a data breach or that any data had been stol
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Interested parties, countries can come together to launch AI incident reporting pilot: PM Wong
Mr Wong suggested that countries start with a “practical and flexible approach” to AI governance.
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Antonelli ready for final push to become F1’s youngest champion
MEXICO CITY, Oct 28 : Kimi Antonelli did not get to swig real champagne on the podium after he won in Texas last weekend, the 20-year-old Mercedes driver still too young for local drinking laws, but Sunday’s Mexico City Grand Prix could be quite some shindig.Antonelli, as even those living in the remotest val
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Renshaw, Green guide Australia to 191-4
CAPE TOWN, Oct 28 : Matt Renshaw (74) and Cameron Green (65) scored half centuries but were dismissed just before tea as Australia went to the interval on 191 for four on the second day of the decisive third test against South Africa at Newlands on Wednesday. • Australia trail South Africa’s first-in
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RC Lens ban own fans from attending Lille match
PARIS, Oct 28 : RC Lens have banned their fans from travelling to Lille for Friday’s Ligue 1 clash, punishing them for lighting and throwing pyrotechnics during a Champions League match at Club Brugge, the French club said on Wednesday.• “Following the incidents that occurred in Bruges on Matchday 3 of the
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