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☆ Nidelven Blå from Norway is the world’s best cheese for 2023
▼ + stars: | 2023-10-27 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +4 min

The cheese, Nidelven Blå from cheesemaker Gangstad Gårdsysteri, vied against the crème de la crème of the cheese world in Trondheim, Norway, in the world’s largest global cheese event. Organized by the Guild of Fine Food, the World Cheese Awards, now in its 35th edition, saw experts from across the globe join forces to crown this year’s champion. The judges had delectable things to say about Nidelven Blå, a semi-solid, blue mold cheese, made with pasteurized cows’ milk. It’s a very unique language.”The Super Jury voted on finalists before a live audience at the World Cheese Awards 2023 in Trondheim, Norway, on Friday. “Competition is always stiff in the World Cheese Awards,” John Farrand, managing director of the World Cheese Awards, told CNN Travel ahead of the event.

Persons: Gangstad Gårdsysteri, “, ”, Maren Gangstadt, Gangstadt, Haakon Berg, ” John Farrand, you’re, Nidelven Blå, Farron, “ We’ve, Gourmino’s Le Organizations: CNN, Guild of Fine Food, Food, Foods, of Fine, CNN Travel, Trondheim, Super, Norway Host Locations: Trondheim, Norway, “, India, Japan, Swiss

☆ TSMC, Alibaba and more: Goldman reveals AI stocks in its 'conviction list' — giving one 105% upside
▼ + stars: | 2023-10-26 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

Here are some of the other stocks in Goldman's conviction list. Aside from TSMC, Goldman's conviction list stocks in this category include Chinese tech giant Hon Hai Precision Industry and Japanese electronics manufacturing company Ibiden . AI-empowered names The bank's conviction list stocks in this category include Chinese machine industry player Envicool , Japanese video game publisher Bandai Namco Entertainment and industrial equipment company Keyence . Goldman has an 83,000 yen price target on Keyence, giving it an upside of 56.7%. Stocks that are both Goldman named Chinese tech giants Alibaba and Baidu as its conviction list stocks that are both in the business of enabling and empowering AI.

Persons: Goldman Sachs, Daiki Takayama, TSMC, Goldman, Hai —, Envicool, Alibaba, — CNBC's Michael Bloom, Sheila Chiang Organizations: Taiwanese Semiconductor Manufacturing Company, New, Companies, Precision Industry, Bandai Namco Entertainment, Bandai Namco, Baidu, Alibaba Locations: Asia, New Taiwan

LONDON (AP) — Prince William will travel to Singapore next month to name the winners of his Earthshot Prize, a global competition to find solutions to the challenges of climate change. William created the prize three years ago to encourage inventors and entrepreneurs to develop technologies to combat global warming and mitigate its impact on the environment. During his four-day trip to Singapore, the prince will meet with local groups to learn how they are working to protect and restore the planet. The speech inspired William and his partners to set a similar goal for finding solutions to climate change and other environmental problems by 2030. The winners and all 15 finalists receive help in expanding their initiatives to meet global demand.

Persons: — Prince William, William, John F Organizations: United for Wildlife Locations: Singapore, Southeast Asia, Kensington

☆ Hong Kong's leader will deliver his policy address this week. Here's what to expect
▼ + stars: | 2023-10-23 | by ( Vivian Kam | ) www.cnbc.com time to read: +4 min

An aerial view of a residential district in Hong Kong. He expects domestic demand will continue to be the key driver to Hong Kong's expansion. A nurse examines new born chinese childs with their mums at the Queen Elizabeth Hospital on 30 April 2012 in Hong Kong. That's compared to 1.1 in Singapore and 1.7 in the U.S. To tackle the problem, local media reported the Hong Kong leader may consider giving 20,000 Hong Kong dollars ($2,556) to the family of every newborn baby in the territory, if at least one of the parents is a permanent resident. By offering attractive incentives ... Hong Kong can re-establish itself as an attractive destination for both local and international talent.

Persons: Chunyip Wong, John Lee, Hong, Eddie Kwok, Kwok, Thomas Shik, Shik, childs, Victor Fraile Rodriguez, Wise Lam Organizations: Hong, Hang Seng Bank, CNBC, Gross, Labor, Queen Elizabeth Hospital, Corbis, Bank Locations: Hong Kong, Asia, Singapore, Hong, PwC, U.S

A sign directing towards electric vehicle charging points is seen in a car park in Manchester, Britain, September 8, 2023. In its first major position paper on the topic, UK Finance also told the country's political parties that more clarity is needed on the path to a net zero economy to help financial markets muster the huge amounts of capital needed. In April, the government estimated it would need an additional 50 billion pounds-60 billion pounds ($61 billion-$73 billion) of capital investment a year through the late 2020s and 2030s to meet its net zero targets. UK Finance, which represents around 300 firms, set out a series of recommendations to marshal pools of capital which are currently "underused" due to "policy gaps". An independent body could be asked to monitor and provide updates on public and private capital flows, it added.

Persons: Phil Noble, Ian Bhullar, Huw Jones, Simon Jessop, Sharon Singleton Organizations: REUTERS, Finance, European Union, Zero, Reuters, UK Finance, Labour Party, Thomson Locations: Manchester, Britain, Europe

☆ India welcomes MotoGP: Monsoon rains, Bollywood superstars and a mystery monkey
▼ + stars: | 2023-09-27 | by ( Jonathan Hawkins | ) edition.cnn.com time to read: +13 min

First-placed Bezzecchi (C), second-placed Prima Pramac Racing's Spanish rider Jorge Martin (L) and third-placed Monster Energy Yamaha's French rider Fabio Quartararo pose on the podium after the Indian MotoGP Grand Prix. Last year Poncharal says he bumped into Dorna CEO Carmelo Ezpeleta, who told him about the potential interest in an Indian MotoGP Grand Prix. As at the G20, the MotoGP race branding also featured the name ‘Bharat,’ rather than India. Bezzecchi is third overall in the championship, 44 points behind Bagnaia after the Indian Grand Prix. “It has been an incredible experience and success for MotoGP to be in India for the first time,” said Ezpeleta.

Persons: India CNN —, Jorge Martin, Fabio Quartararo, Money Sharma, Pramac, Hervé Poncharal, Poncharal, Carmelo Ezpeleta, Prakash Singh, we’ve, Ikjot Singh Bhasin, ” Paolo Ciabatti, “, ” Ciabatti, it’s, ” Poncharal, Herve Poncharal, Jonathan Hawkins, Tissot, Bharat, Marco Bezzecchi, ”, Marc Marquez, Martin, ” Martin, I’m, ” KTM's Jack Miller, Jack Miller, ” Miller, there’s, ” Sebastian Vettel, Andrew Hone, “ I’m, –, Repsol, Suresh Raina, SHARMA, Pecco Bagnaia, Marquez –, Ranveer Singh, Yuvraj Singh, Shikhar Dhawan, Yogi Adityanath, Bezzecchi, Bagnaia, appreciatively, Yamaha’s Frenchman, ” Ikjot Singh Bhasin, don’t Organizations: India CNN, India CNN — Briefly, Buddh, Circuit, Formula One, Pramac, Energy, Getty, Racing, Prix, CNN Sport, Ducati Lenovo, Buddh Circuit, MotoGP, CNN, Ducati, YouTube, Honda, Sprint, Financial Times, Manufacturers, KTM, Husqvarna, Indian, One, India MotoGP Bharat Locations: Noida, Uttar Pradesh, India, New Delhi, East, Asia, South America, Kazakhstan, Delhi, Greater Noida, AFP, Yamaha’s, “

☆ Russia’s diesel export ban may be just its latest attempt to hurt Europe
▼ + stars: | 2023-09-22 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

London CNN —Russia’s decision to ban diesel exports to most countries could not have come at a worse time for Europe. But the EU still needs a steady flow of Russian diesel to global markets to keep prices stable. The Russian government announced the curbs — which also apply to gasoline — Thursday, saying they were aimed at stabilizing domestic fuel prices. Diesel is Europe’s economic workhorse, powering the majority of vans and trucks ferrying goods and raw materials round the continent. Before Europe imposed its import ban, Russia supplied 40% of the country’s diesel.

Persons: London CNN —, ” Jorge León, ”, Natalia Kolesnikova, Pamela Munger, Henning Gloystein, Gloystein, “, Tim Lister, Anna Chernova Organizations: London CNN, European Union, Reuters, Kremlin, Diesel, Analysts, European, Rystad Energy, CNN, Gazprom, Getty, Eurasia Group, “, Brent Locations: Europe, Russian, Moscow, Ukraine, Russia, Saudi Arabia, South America, East, North Africa, AFP, Turkey, United States

Yes to life" take part in a anti-lithium protest in Covas do Barroso, Portugal, August 15, 2023. With 60,000 tonnes of known reserves, Portugal is already Europe's biggest producer of lithium, traditionally mined for ceramics. Referring to the Barroso project and another in France, he said it would be "a disaster if either ... doesn't succeed". But with only 15 of 916 submissions in a public consultation supporting the project, Savannah faces a struggle to win over locals who have said they will fight it and the APA in court. "Politicians listen to those who shout loudest and have most money - and that's the mining industry," she said.

Persons: Catarina Demony, Maria Loureiro, Loureiro, Barroso, Martin Jackson, , Savannah's, Michael Schmidt, doesn't, Schmidt, Nelson Gomes, Greta Thunberg, Karin Kvarfordt Niia, LKAB's, Anders Lindberg, UDCB's Catarina Alves Scarrott, Aida Fernandes, Barroso's, Dale Ferguson, Ferguson, Emanuel Proenca, Teresa Camille, Gunilla Hogberg Bjorck, Miguel Pereira, Covas do Barroso, Pietro Lombardi, Simon Johnson, Aislinn Laing, Catherine Evans Organizations: REUTERS, Savannah Resources, DO BARROSO, EU, Agriculture Organization, CRU, APA, State, Barroso, Reuters, UDCB, Thomson Locations: Covas do Barroso, Portugal, Barroso, China, London, Savannah, Europe, France, Kiruna, Sweden's, Montalegre, Scarrott, Portuguese, EUROPE, Chile, Covas, Karr, Covas do, Madrid, Stockholm

☆ Vice President Harris will face doubts and dysfunction at the Southeast Asian nations summit
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: +6 min

It's Harris' third trip to Southeast Asia and fourth to Asia overall, and she's touched down in more countries there than any other continent. This latest journey is another opportunity for Harris to burnish her foreign policy credentials as she prepares for a bruising campaign year. Her office has not yet detailed her schedule, but she's expected to attend summit events and hold individual talks with some foreign leaders. U.S. officials and analysts believe Beijing's aggressive approach to the region has created an opening for Washington to forge stronger partnerships. Stilwell served as the assistant secretary of state for the Bureau of East Asian and Pacific Affairs under President Donald Trump.

Persons: Kamala Harris, Loy, Kent Nishimura, she'll, Joe Biden's, It's Harris, she's, Harris, She's, Biden, John Kirby, he's, Marty Natalegawa, Natalegawa, Kirby, Phil Gordon, there's, Gordon, Ian Chong, It's, Gregory B, Poling, David Stilwell, Stilwell, Donald Trump Organizations: Cabinet, Association of Southeast Asian Nations, U.S ., ASEAN, Loy Henderson International Conference, U.S . Department of State, Los Angeles Times, Getty, Democratic, Republican, White House, of Southeast Asian Nations, Washington, National University of Singapore, Center for Strategic, International Studies, Bureau, East, Pacific Affairs Locations: U.S, Washington , DC, Southeast Asia, Jakarta, Indonesia, Asia, Washington, India, Vietnam, Myanmar, South China, United States, China, Philippines, Cambodia, South, Beijing, People's Republic of China, East Asian

☆ UK's car output continues growth streak for six months in July- SMMT
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

Aug 31 (Reuters) - Britain's car production rose for the sixth consecutive month in July as automakers continued to recover from global chip shortages, an industry body said on Thursday. "Six months of growth shows that British car production is recovering and, with electrified models increasingly driving volumes, the future is more positive," said SMMT Chief Executive Mike Hawes. The total number of cars produced, however, remained 29.4% lower from the pre-pandemic levels seen in July 2019. The UK's car industry, a significant driver of manufacturing and exports, got a boost last month when India's Tata Motors (TAMO.NS) committed to build a major EV battery plant in Britain to supply its Jaguar Land Rover factories. SMMT had said in July it could take five more years for Britain to return to producing 1 million or more cars a year.

Persons: Mike Hawes, India's Tata, Hawes, SMMT, Anchal Rana, Shilpi Majumdar Organizations: Society of Motor Manufacturers, Traders, India's Tata Motors, EV, Rover, Thomson Locations: Britain, Bengaluru

☆ Jackson wins 200m gold in second-best time ever
▼ + stars: | 2023-08-25 | by ( Mitch Phillips | ) www.reuters.com time to read: +3 min

Jackson, second in the 100m final, ran a brilliant bend, was two metres clear coming into the home straight and tore to the finish to win by a street. It also edged her closer to the late Florence Griffith-Joyner’s 21.34 world record from the 1988 Olympics. I will continue to work and I hope I can maintain at least this level and we will see if the world record will come. As for the world record - I'm close, I'm close, I'm getting there." When asked if she considered herself the "real" record holder, she said: "I won't question a world record.

Persons: Silver, Thomas, Richardson, peerless Shericka Jackson, Jackson, Eugene, Florence Griffith, Gabby Thomas, Sha'Carri Richardson, I'm, Griffith, hasn’t, St Lucia’s Julien Alfred, Briton Daryll Neita, Mitch Phillips, Ken Ferris Organizations: Griffith, Richardson BUDAPEST, Briton, United States, Saturday's, Thomson Locations: Budapest, Jamaica

☆ This Harvard dropout and her brother launched a company to conserve liquids in factories
▼ + stars: | 2023-07-22 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +12 min

"As with every family business, everyone is involved in the family business," Annie told CNBC. We grew up in the sector," Annie told CNBC. Zoom In Icon Arrows pointing outwards Annie and David Lu at a Harvard Innovation Labs event, when they were still ideating. As part of this partnership, Unilever tested the H2Ok Innovations solution at its Ben & Jerry's facility in Waterbury, Vermont. "They are exceptionally smart, visionary and courageous — the kind of founders investors dream to back," Iskold told CNBC.

Persons: David, Annie Lu, Annie Lu Annie Lu, Lu, Lu's, hasn't, Annie, David's, David Lu, David Lu They, Sandeep Desai, Desai, Jeff Bussgang, Alex Iskold, doting, Iskold, Dayna Grayson, We've, David giggled, it's Organizations: Harvard, CNBC, H2Ok, Construct, Flybridge, Ventures, Greentown Labs, Forbes, H20k, Harvard Innovation Labs, Unilever, AB InBev, Coca Cola Co, Colgate, Palmolive, Waterbury, Unit, Flybridge Capital, Construct Capital Locations: China, Saskatoon, Canada, Bay, Techstars, Boston, Minnesota, Minneapolis, Waterbury , Vermont, U.S, Brazil, United States, H2Ok

☆ Canada's new tech talent strategy hopes to recruit U.S. H-1B visa holders
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCanada's new tech talent strategy hopes to recruit U.S. H-1B visa holdersBenjamin Bergen, executive director of the Council of Canadian Innovators, Venture capitalist Kevin O'Leary, and CNBC's Seema Mody join 'The Exchange' to discuss Canada's push to recruit U.S. H1-B holders with a new government program, the tech sector employee deficit in Canada, and growing global competition for talented workers.

Persons: Benjamin Bergen, Kevin O'Leary, CNBC's Seema Mody Organizations: Council of Canadian Innovators, Venture Locations: Canada

☆ Watch CNBC's full interview with Benjamin Bergen and Kevin O'Leary
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Benjamin Bergen and Kevin O'LearyBenjamin Bergen, executive director of the Council of Canadian Innovators, Venture capitalist Kevin O'Leary, and CNBC's Seema Mody join 'The Exchange' to discuss Canada's push to recruit U.S. H1-B holders with a new government program, the tech sector employee deficit in Canada, and growing global competition for talented workers.

Persons: Benjamin Bergen, Kevin O'Leary Benjamin Bergen, Kevin O'Leary, CNBC's Seema Mody Organizations: Council of Canadian Innovators, Venture Locations: Canada

☆ Blinken Calls Blockade of Diplomatic Nominees a National Security Risk
▼ + stars: | 2023-07-17 | by ( Michael Crowley | More About Michael Crowley | ) www.nytimes.com time to read: +1 min

Vance of Ohio, have also blocked nominees for different reasons. “These delays are undermining our national security,” Mr. Blinken told reporters during an unusual appearance at the State Department’s daily news media briefing. The overwhelming majority of the stalled State Department nominees are career diplomats, and more than a third have been awaiting votes for about a year or more, he added. The aide noted that the vacancies put the United States at a disadvantage in its global competition with China, which many Republicans call their top foreign policy priority. Beijing has ambassadors in dozens of foreign capitals where the United States lacks them, the aide said.

Persons: Rand Paul of Kentucky, Biden, Ted Cruz of, Vance of, Mr, Blinken, ”, chargé d’affaires Organizations: State Department, Republican, State, Department, Democratic, Foreign Relations, World Health Organization, International Monetary Fund Locations: Ted Cruz of Texas, Vance of Ohio, United States, China, Beijing

Exports last year were 94 metric tonnes, up 25% on 2021. Last year's exports totaled 44 metric tonnes in both wrought and unwrought form. As of September 2022 the DLA was storing 14 metric tonnes of germanium metal and 6.9 metric tonnes of scrap. An outright ban could be counter-productive, as China found out when it halted exports of rare earths to Japan in 2010. China has no shortage of pressure points to push, from rare earths to cobalt to lithium and even electric vehicle batteries.

Persons: Germany's, Wei Jianguo, Barbara Lewis Organizations: U.S, Chips, Export, United States Geological Survey, Alliance, Defense Logistics Agency, Teck Resources, Agency, Solutions, Democratic, Gecamines, World Trade Organization, China, Toyota, Honda, Audi, Commerce, China Daily, Reuters, Thomson Locations: U.S, China, United States, Teck, NYR.BR, Clarksville, Tennessee, New York, Australia, Europe, Democratic Republic of Congo's, Russia, Japan, Beijing, West

☆ AI robots could play future role as companions in care homes
▼ + stars: | 2023-07-06 | by ( Emma Farge | ) www.reuters.com time to read: +2 min

[1/4] Advanced humanoid robot 'Sophia' is pictured at AI for Good Global Summit, in Geneva, Switzerland, July 6. Demonstrating its conversational skills, Nadine told Reuters it talked, sang, and played bingo with residents at a Singapore nursing home three years ago. Other robots on display include 'PARO', a baby seal robot 'pet' who can help dementia and Parkinson's patients, and nursing assistant Grace. Last week, Nadine was upgraded with AI model GPT-3 and this has improved her interaction and conversation skills, Thalmann said, meaning it can express more complex concepts. Referring to Thalmann, Nadine said: "I'm very grateful to her for giving me life and I'm proud to be her creation."

Persons: Sophia, Pierre Albouy GENEVA, Nadine, Nadia Magnenat Thalmann, Thalmann, Grace, Emma Farge, Alexandra Hudson Organizations: Good Global, REUTERS, Artificial Intelligence, University of Geneva, International Telecommunication Union, Global, Alexandra Hudson Our, Thomson Locations: Geneva, Switzerland, Singapore, PARO

☆ Anglo-French deal could create Europe’s biggest lithium producer
▼ + stars: | 2023-06-29 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —A French minerals company is buying a British startup in a tie-up that could produce enough lithium carbonate to power 500,000 electric vehicles a year. That year is important as Britain is set to ban the sale of new petrol and diesel vehicles in 2030, forcing manufacturers to switch to electric vehicles. The combination of the new facility and an existing one in France “would make Imerys the largest integrated lithium producer in Europe, representing more than 20% of the announced European lithium output by 2030,” the company said. They will require that 45% of the value of electric vehicles traded between Britain and the European Union are sourced from one of the two regions in order to avoid costly tariffs. The deposit of lithium being developed there is set to be the largest in the country, according to Imerys.

Persons: that’s, Imerys, France “ Organizations: Hong Kong CNN, European, Peugeot, Fiat, Industry Locations: Hong Kong, Paris, British, Cornwall, England, Britain, France, Europe, European Union, English

Berlin has agreed subsidies worth nearly 10 billion euros with the U.S. chipmaker, a person familiar with the matter said, more than the 6.8 billion euros it had initially offered Intel to build two leading-edge facilities in the eastern city. "Today's agreement is an important step for Germany as a high-tech production location – and for our resilience," Scholz said after Monday's signing. Globally, semiconductor manufacturing is expected to become a trillion-dollar industry by 2030, expanding from $600 billion in 2021, according to McKinsey. Initially, Intel wanted to invest 17 billion euros in the Magdeburg plant, an amount that has nearly doubled to more than 30 billion. About 7,000 construction jobs will be created in the first expansion, plus around 3,000 high-tech jobs at Intel and tens of thousands of jobs across industry, the U.S. chipmaker said.

Persons: Olaf Scholz, Pat Gelsinger, Scholz, Israel, Dado Ruvic, Robert Hermann, Taiwan's TSMC, Tesla, Robert Habeck, chipmaker, Gelsinger, Maria Martinez, Riham, Christoph Steitz, Rachel More, Jason Neely, Sharon Singleton, Catherine Evans Organizations: Intel, Intel Intel, Germany's, U.S, AMD, Nvidia, Samsung, Union, McKinsey, REUTERS, Germany Trade, Invest, Reuters, Germany, Thomson Locations: Germany, Frankfurt BERLIN, STOCKHOLM, Magdeburg, Europe, Berlin, Saxony, Anhalt, EU, chipmaking, Poland, United States, South Korea, Taiwan, Frankfurt, U.S, Ireland, France, Asia

☆ Amid US-China rivalry, a landmark science deal faces new scrutiny
▼ + stars: | 2023-06-18 | by ( Michael Martina | ) www.reuters.com time to read: +6 min

"Extending the Science and Technology Agreement between the U.S. and China would only further jeopardize our research and intellectual property," said Representative Mike Gallagher, the Republican chair of a congressional select committee on China. "The administration must let this outdated agreement expire." "It is hoped that the U.S. side will expedite the internal review before the expiration of the agreement," he said. Given the state of U.S.-China ties, trying to renegotiate could derail the agreement, they said. Proponents of renewing the deal argue that without it, the U.S. would lose valuable insight into China's technical advances.

Persons: Florence Lo, Antony Blinken, Mike Gallagher, Liu Pengyu, Joe Biden, Kurt Campbell, Denis Simon, Anna Puglisi, Michael Martina, Don Durfee, William Mallard Organizations: REUTERS, WASHINGTON, ., China Science, Technology, Science, U.S, State Department, National Security Council, Hudson Institute, University of North, Chapel Hill, Georgetown University's Center for Security, Emerging Technology, Thomson Locations: China, U.S, United States, Beijing, Washington, Pacific, University of North Carolina, East Asia

☆ Worried about Chinese influence, the US is undoing Trump's decision to quit UNESCO. It will probably cost $600 million.
▼ + stars: | 2023-06-13 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +2 min

The US announced it was to rejoin UNESCO amid worries China was becoming too influential. The Biden administration has requested $150 million to start paying back UNESCO dues of $617 million. UNESCO's chief called it "a strong act of confidence, in UNESCO and in multilateralism." In March, the Biden administration requested $150 million to cover UNESCO fees and arrears for 2024. Per the Associated Press, further requests to cover the total arrears of $619 million are expected in future years.

Persons: Biden, —, Donald Trump, John Bass, Audrey Azoulay, Xi Jinping, Azoulay, Xi, Joe Biden's Organizations: US, UNESCO, Service, UNESCO —, UN, State Department, Trump, World Health Organization, Paris Climate, Associated Press, AP Locations: China, multilateralism, Israel, Chinese, Paris, Paris Climate Accords

☆ U.S. Congress to consider two new bills on artificial intelligence
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, June 8 (Reuters) - U.S. senators on Thursday introduced two separate bipartisan artificial intelligence bills on Thursday amid growing interest in addressing issues surrounding the technology. Lawmakers are beginning to consider what new rules might be needed because of the rise of AI. "We cannot afford to lose our competitive edge in strategic technologies like semiconductors, quantum computing, and artificial intelligence to competitors like China," Bennet said. Earlier this week, Senate Majority Leader Chuck Schumer said he had scheduled three briefings for senators on artificial intelligence, including the first classified briefing on the topic so lawmakers can be educated on the issue. read moreThe briefings include a general overview on AI, examining how to achieve American leadership on AI and a classified session on defense and intelligence issues and implications.

Persons: Gary Peters, Mike Braun, James Lankford, aren't, Braun, Michael Bennet, Mark Warner, Todd Young, Bennet, Chuck Schumer, Diane Bartz, David Shepardson, Alistair Bell Organizations: Homeland Security, Republican, Global, Thomson Locations: United States, China

Electric vehicles sales are already trending up, accounting for 8% of all car sales in April, up from 1.1% a year earlier. DEMAND UNCERTAINTYDespite the government's EV push, uncertainty remains over how tough its vehicle emission standards will be. The challenge is the expansion of public chargers, especially in regional areas, where the power infrastructure to support fast chargers is often scarce or absent. The country's public chargers tend to be underpowered, with 0.5 kilowatts of public charging per EV versus an average 2.4 kw worldwide. Reuters Graphics Reuters GraphicsExpansion of public chargers is slow as operators face long delays connecting to the grid.

☆ Banks call for scrapping UK share tax to boost City
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

LONDON, May 16 (Reuters) - Britain should scrap its tax on buying shares to increase London's attraction as a global financial centre as it faces fierce competition post-Brexit, banking body UK Finance said on Tuesday. Britain is reforming its financial sector following Brexit, which has fuelled concerns over London's ability to attract top company listings. "In the short-term, the 0.5% stamp duty currently charged on share purchases should be removed to reduce the cost of investing and help wider participation," UK Finance Chief Executive David Postings told an event. UK Finance launched a report which made recommendations on how to help the "pre-eminent" financial sector face tough global competition. The recommendations will feed into a broader report being compiled by the UK Capital Markets Industry Taskforce, due in the autumn.

☆ Germany's Scholz says more renewables key to lower industry costs
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +2 min

May 6 (Reuters) - Ramping up renewable power production rather than subsidies is the key to lower electricity prices for Germany's energy-hungry industry, Chancellor Olaf Scholz said on Saturday, in an apparent dig at proposals by his government's economy minister. To extend this for the whole of Germany, Scholz said everything within his powers needed to be done to boost power transmission networks and renewable power production. Scholz was speaking to journalists at a geothermal power plant in Kenya during a trip to Africa. "We know today already that we will have lower power prices than today, once we reached our goal that renewable energies dominate electricity production in Germany," he added. Scholz previously voiced scepticism about the initiative, saying long-term subsidies were not beneficial for the economy.

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