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☆ Here are Friday's biggest analyst calls: Nvidia, Netflix, Plug Power, Toast BJ's, Arm, Occidental & more
▼ + stars: | 2023-11-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wolfe reiterates Nvidia as outperform Wolfe said it's getting more bullish on the stock over the next several quarters. Wolfe downgrades Occidental Petroleum to peer perform from outperform Wolfe said shares of the oil company will be range bound. Bank of America downgrades FTC Solar to underperform from buy Bank of America said it was wrong about its prior buy rating on the solar stock. Bank of America downgrades CommScope to neutral from buy Bank of America trends are worsening for the tech company. Bank of America initiates Weatherford as buy Bank of America said in its initiation of the global energy company that it's seen a "remarkable turnaround."

Persons: Stephens, Henry Schein, Stifel, it's bullish, Wolfe, it's, Freyr, BTIG, FREY, William Blair, Wells, Baird, Weatherford, Girish Saligram, Gordon Haskett, Haskett, Morgan Stanley, Jefferies, Vera Organizations: Portillo's Inc, JPMorgan, Netflix, Citi, Body Works Citi, Nvidia, Wolfe Alpha, Occidental Petroleum, Bank of America, FTC, sel, RBC, EV Locations: Illumina, Occidental, Wells Fargo, Hawaii, 3Q23, U.S

☆ EU Aims to Resolve U.S. Steel Dispute by Year End
▼ + stars: | 2023-11-09 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BRUSSELS (Reuters) - The European Commission is aiming to reach an agreement on steel and aluminium with the United States by the end of the year to bring a definitive end to U.S. import tariffs on the metals, Commission Vice President Vera Jourova said on Thursday. U.S. and EU negotiators failed to reach an agreement at a summit on Oct. 20 on measures to address overcapacity in non-market economies, such as China, and promote greener steel. The Biden administration had suspended the tariffs on EU steel and aluminium imposed by former U.S. President Donald Trump in 2018 on condition that a deal was reached by the end of October. Many lawmakers expressed concern that the talks had dragged on without success, but Jourova said the two sides had made "important progress". Jourova said the EU wanted to get an agreement "over the finishing line", but gave no envisaged deadline.

Persons: Vera Jourova, Biden, Donald Trump, Jourova, Philip Blenkinsop, Bernadette Baum Organizations: European, EU, U.S, United Locations: BRUSSELS, United States, China

☆ X and TikTok are both under fire from the EU over hate speech and Israel-Hamas disinformation
▼ + stars: | 2023-11-08 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

TikTok's CEO and an X executive met with the European Commission's Věra Jourová on Tuesday. She said they both need to "step up" their efforts to counter hate speech. AdvertisementAdvertisementTikTok and X, formerly Twitter, need to "step up" their efforts countering hate speech, a European Commission vice president said. In posts on X, Jourová said the meetings were constructive but pointed out several areas of improvement, adding that X needs to do more to comply with the Digital Services Act. AdvertisementAdvertisementAs well as illegal hate speech, Jourová raised concerns about the platforms hosting pro-Hamas content in the wake of its attacks on Israel in October.

Persons: Jourová, —, Věra Jourová, Shou Zi Chew, Nick Pickles, X's, X, Elon Musk, TikTok Organizations: Service, European Commission, Digital Services, EU, Hamas, Elon Locations: Israel, Gaza, EU, Brussels

☆ EU digital chief urges TikTok, X to increase clean-up efforts
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

Jourova, the EU commissioner responsible for the digital economy, met TikTok Chief Executive Shou Chew and X's head of global affairs, Nick Pickles, as the European Union investigates Big Tech's efforts to remove harmful content. The EU is also looking to prevent disinformation influencing the EU parliament election in June 2024. Under the European Union's Digital Services Act, which entered into force a year ago, very large tech platforms and search engines must do more to tackle harmful and illegal content or risk fines. Jourova said on X and via her spokesperson that she was pleased by some improvements and urged TikTok to continue stepping up its work against illegal and harmful content and child abuse. For X, Jourova said it had insufficient staff speaking some EU languages to counter disinformation and expressed concern about reports of high numbers of violent and illegal content.

Persons: Dado Ruvic, Vera Jourova, Jourova, Shou Chew, Nick Pickles, Big, TikTok, Jourova's, X's Pickles, Philip Blenkinsop, Foo Yun Chee, Jonathan Oatis Organizations: REUTERS, Rights, European, European Union, Hamas, EU, Union's Digital Services, YouTube, Thomson Locations: Rights BRUSSELS, Israel, EU

☆ See the best red carpet looks from the 2023 CFDA Awards
▼ + stars: | 2023-11-07 | by ( Manav Tanneeru | Leah Dolan | ) edition.cnn.com time to read: +5 min

Taylor Hill/FilmMagic/Getty Images Hari Nef arrived in hot-off-the-runway JW Anderson. Taylor Hill/FilmMagic/Getty Images Molly Ringwald stepped out in a scarlet red Zac Posen number. Taylor Hill/FilmMagic/Getty Images Jenna Lyons opted for a classic back suit with a fitted waist. Taylor Hill/FilmMagic/Getty ImagesSerena Williams, who became the first athlete to be honored as a CFDA Fashion Icon, similarly opted for an all-American designer. Taylor Hill/FilmMagic/Getty ImagesKim Kardashian and Law Roach, meanwhile, broke from the ranks and chose to amplify smaller US designers in two equally eye-catching looks.

Persons: Willy Chavarria, Catherine Holstein —, —, Olsen, Anne Hathaway, Dimitrios Kambouris, Demi Moore, Carolina Herrera sequined, Taylor, Devon Lee Carlson, Jeremy O, Harris, Chloe Sevigny, Gwyneth Paltrow, Hari Nef, Molly Ringwald, Zac Posen, Jenna Lyons, Greta Lee, Emma Chamberlain, Thom Browne, Ashley Graham, Anne, Ralph Lauren’s, jean, Britney Spears, it’s, Ralph Lauren, Vanessa Hudgens, Vera Wang, Anne Hathaway's, Serena Williams, Williams, Thom Browne —, “, ” Williams, Hudgens, Wang, Wang —, Kim Kardashian, Law Roach, Roach Organizations: CNN, of Fashion Designers of America, American Museum of, Getty, Anderson, Housewives, New York, U.S ., York Locations: New York City, New York, Carolina, Los Angeles, Brooklyn

☆ In Chile, a Palestinian diaspora makes its voice heard on Gaza
▼ + stars: | 2023-11-07 | by ( Alexander Villegas | ) www.reuters.com time to read: +7 min

SANTIAGO, Nov 7 (Reuters) - Chile's Palestinian community, the largest outside the Middle East, is a strong force in the Andean nation, involved in local politics, culture and soccer. Now it's making Chile one of the loudest regional voices criticizing Israel over its military action in Gaza. In a recent mass, Abed invited members from Chile's Muslim community and the Palestinian ambassador; keffiyehs, hijabs and Palestinian flags were sprinkled throughout the pews. The prominence of the Palestinian community has sparked strong support from other groups in Chile. "The Palestinian community (here) activates whenever there's aggressions."

Persons: SANTIAGO, Israel, Gabriel Boric, Boric, Joe Biden, Claudia Yarur, Yarur, Georges Abed, Abed, Vera Baboun, Rafael Torres, Torres, Felipe Barria, Barria, there's, Alexander Villegas, Claudia Parsons Organizations: White, Palestinian Social Club, Palestino FC, San Jorge Cathedral, U.S, West Bank, FC, Thomson Locations: Chile, Gaza, Tel Aviv, Washington, Santiago, Palestinian, Ottoman Empire, Israel, Chilean, Syrian, San Jorge, Patronato, hijabs, Bethlehem, South America, Argentina, Brazil, Nazi, America, Mexico, Peru, Colombia, Bolivia

CANCUN, Mexico (AP) — Iga Swiatek earned her first WTA Finals title and the year-end No. She is the youngest WTA Finals champion since Petra Kvitova was 21 in 2011. Pegula called it “an amazing year.”“You continue to push me to be a better player every single year,” Pegula said. In Cancun, Swiatek defeated Sabalenka in a semifinal that began Saturday, was suspended by rain, then finished on Sunday. The singles and doubles title matches both originally were scheduled to be contested Sunday, then were pushed back after a series of showers affected play during the WTA Finals.

Persons: Iga Swiatek, Jessica Pegula, Swiatek, Pegula, Justine Henin, “ We've, ” Swiatek, Petra Kvitova, ”, ” Pegula, “, that’s, Aryna Sabalenka, Sabalenka, Pegula hadn't, Coco Gauff, Elena Rybakina, Laura Siegemund, Vera Zvonareva, Nicole Melichar, Martinez, Ellen Perez, hasn't Organizations: WTA, tennis, U.S ., Russia Locations: CANCUN, Mexico, Poland, Cancun, U.S, New York, Florida, Germany, Australia

Companies TikTok FollowBRUSSELS, Nov 6 (Reuters) - TikTok must "spare no effort" to counter the spread of disinformation on the short video sharing app, EU industry chief Thierry Breton told the company's CEO on Monday, as the European Union steps up its efforts to curb the powers of Big Tech. "My services and I are now investigating whether this is enough to ensure compliance with the DSA (Digital Services Act)," Breton told Reuters in written comments after a video call with TikTok CEO Shou Zi Chew. "Because now more than ever, we must spare no effort to protect our citizens – especially children and teenagers – against illegal content and disinformation," he said. TikTok Public Policy Director Caroline Greer said in a post on social media platform X that the company was pleased that Breton recognised its compliance efforts. The DSA requires large online platforms to do more to tackle illegal and harmful online content on their platforms.

Persons: Thierry Breton, China's ByteDance, Breton, Shou Zi Chew, Caroline Greer, Chew, Vera Jourova, Didier Ryenders, Foo Yun Chee, Sharon Singleton Organizations: Big Tech, DSA, Services, Reuters, Big, EU, Values, Thomson Locations: BRUSSELS, European, Breton, Big Tech, Brussels

[1/2] An Ericsson sign is seen at the third China International Import Expo (CIIE) in Shanghai, China November 5, 2020. REUTERS/Aly Song Acquire Licensing RightsBRUSSELS, Nov 6 (Reuters) - Electronics makers Siemens (SIEGn.DE), Ericsson (ERICb.ST) and Schneider Electric (SCHN.PA), along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic. They said disruptions could hit millions of products, ranging from washing machines to toys, cybersecurity products, as well as vital components for heat pumps, cooling machines and high-tech manufacturing. "We risk creating a COVID-style blockage in European supply chains, disrupting the single market and harming our competitiveness," the companies said. They also want more flexibility to self-assess cybersecurity risks.

Persons: Aly, Thierry Breton, Vera Jourova, Robert Bosch, Foo Yun Chee, Rod Nickel Organizations: Ericsson, China, REUTERS, Rights, Electronics, Siemens, Schneider, European, European Union, Nokia, Robert, Robert Bosch GmbH, EU, Thomson Locations: Shanghai, China, Rights BRUSSELS, EU, Slovakian

☆ Coco Gauff convincingly beaten by Jessica Pegula in all-American WTA Finals tie
▼ + stars: | 2023-11-05 | by ( Manav Tanneeru | Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —Coco Gauff’s bid to become the first teenager since 2004 to win the WTA Finals ended in defeat after she was convincingly beaten by fellow American and doubles partner Jessica Pegula in the semifinals. Fifth seed Pegula took just an hour to complete a 6-2 6-1 win over the 19-year-old US Open champion in Cancún, Mexico. “I managed to get my act together at the end of the year,” Pegula told reporters. Spectators sit in the rain during the semifinal between Jessica Pegula and Coco Gauff. According to the WTA, Gauff would have become the first teenager since Maria Sharapova in 2004 to win the tournament.

Persons: Coco Gauff’s, Jessica Pegula, Pegula, “, ” Pegula, ”, Iga, Coco Gauff, Sarah Stier, Gauff, Maria Sharapova, Sharapova, Serena Williams, “ It’s, Laura Siegemund, Vera Zvonarava Organizations: CNN, WTA, Fifth Locations: Cancún, Mexico

Chew will meet Breton on Nov. 6 and Jourova and Reynders on Nov. 7, a TikTok spokesperson said. He will update the commissioners on TikTok's data security regime called Project Clover which started to store European user data locally this year, a TikTok spokesperson said. The company has a data centre in Dublin, Ireland, and is building two more in Ireland and Norway. Breton last month gave TikTok an Oct. 25 deadline to provide information on its crisis response measures. Reporting by Foo Yun Chee; editing by Sudip Kar-Gupta and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Shou Zi Chew, Online Harms, Thierry Breton, Vera Jourova, Didier Reynders, TikTok, Chew, Breton, Foo Yun Chee, Sudip Kar, Gupta, Jason Neely Organizations: Energy, Commerce, Safeguard, Online, Capitol, Breton, Digital Services, Big Tech, Thomson Locations: Washington , U.S, BRUSSELS, EU, Brussels, Israel, Gaza, Reynders, Dublin, Ireland, Norway

☆ Canada warns of economic uncertainty if Alberta quits national pension plan
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Susana Vera/File Photo Acquire Licensing RightsOTTAWA, Nov 3 (Reuters) - Canada will face rising economic uncertainty if the province of Alberta carries out a threat to withdraw from the Canada Pension Plan (CPP), federal Finance Minister Chrystia Freeland said on Friday. Alberta Finance Minister Nate Horner later on Friday said the province would not leave fellow Canadians without a stable pension and its associated benefits. "For the past several weeks, Alberta has been having an open discussion about the possibility of establishing an Alberta Pension Plan that will benefit our seniors and workers," he said. The so-called Alberta Pension Protection Act would require Albertans to vote in favor of a pension plan for the province during a public referendum before the provincial government would seek to withdraw assets, the statement said. "Alberta would need to negotiate complex time-consuming portability agreements with the CPP and with the Quebec Pension Plan," she said.

Persons: Finance Chrystia Freeland, Susana Vera, Chrystia Freeland, Freeland, Nate Horner, Justin Trudeau's, Danielle Smith's, Smith, Trudeau, Pierre Poilievre, Maiya Keidan, David Ljunggren, Kirsten Donovan, Paul Simao Organizations: Finance, IMF, World Bank, REUTERS, Rights OTTAWA, Canada, federal, Alberta, Liberal, Danielle Smith's United Conservative Party, Conservative Party, Thomson Locations: Marrakech, Morocco, Canada, Alberta, Quebec, Toronto, Ottawa

☆ Something has to break for the Fed to cut rates, says StoneX's Kathryn Rooney Vera
▼ + stars: | 2023-11-03 | 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 EmailSomething has to break for the Fed to cut rates, says StoneX's Kathryn Rooney VeraHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: StoneX's Kathryn Rooney Vera, Brian Sullivan, “ Organizations: Fed, CNBC

☆ Canada says Alberta leaving CPP would add to economic uncertainty
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Susana Vera/File Photo Acquire Licensing RightsOTTAWA, Nov 3 (Reuters) - If the Canadian province of Alberta carries out a threat to withdraw from the Canada Pension Plan (CPP) it would add to economic uncertainty and hurt everyone in the country, federal Finance Minister Chrystia Freeland said on Friday. The so-called Alberta Pension Protection Act would require Albertans to vote in favor of a pension plan for the province during a public referendum before the provincial government would seek to withdraw assets, said the statement. But when asked whether she found it realistic that Alberta was entitled to 53% of CPP assets in 2027, according to a study commissioned by the Alberta government, Freeland said she did not. Freeland also cautioned that the Alberta government would need to negotiate how Canadians could live and work anywhere in Canada without jeopardizing their retirement. "Alberta would need to negotiate complex time-consuming portability agreements with the CPP and with the Quebec pension plan," she said.

Persons: Finance Chrystia Freeland, Susana Vera, Chrystia Freeland, Freeland, Danielle Smith's, Smith, Justin Trudeau, Pierre Poilievre, Maiya Keidan, David Ljunggren, Kirsten Donovan Organizations: Finance, IMF, World Bank, REUTERS, Rights OTTAWA, Canada, federal, Conservative Party, Thomson Locations: Marrakech, Morocco, Canadian, Alberta, Canada, Quebec, Toronto, Ottawa

British Prime Minister Rishi Sunak attends an in-conversation event with Tesla and SpaceX's CEO Elon Musk in London, Britain, Thursday, Nov. 2, 2023. Risks around rapidly-developing AI have been an increasingly high priority for policymakers since Microsoft-backed Open AI (MSFT.O) released ChatGPT to the public last year. "It was fascinating that just as we announced our AI safety institute, the Americans announced theirs," said attendee Nigel Toon, CEO of British AI firm Graphcore. China’s vice minister of science and technology said the country was willing to work with all sides on AI governance. Yoshua Bengio, an AI pioneer appointed to lead a "state of the science" report commissioned as part of the Bletchley Declaration, told Reuters the risks of open-source AI were a high priority.

Persons: Rishi Sunak, Tesla, Elon Musk, Kirsty Wigglesworth, Sam Altman, Kamala Harris, Ursula von der Leyen, China –, Sunak, Finance Bruno Le Maire, Vera Jourova, Jourova, Harris, Nigel Toon, Wu Zhaohui, Musk, you’ve, Martin Coulter, Paul Sandle, Matt Scuffham, Louise Heavens Organizations: British, Elon, U.S, European Commission, Microsoft, of, Finance, EU, Reuters, Thomson Locations: London, Britain, China, Bletchley, U.S, South Korea, France, United States

☆ ‘Pal Joey’ Review: Bewitched, Bothered and Bewildering
▼ + stars: | 2023-11-02 | by ( Jesse Green | More About Jesse Green | ) www.nytimes.com time to read: +2 min

It’s not often that the standout star of a show is its music supervisor, arranger or orchestrator, but in the gala presentation of “Pal Joey” at New York City Center through Sunday, all three are one man, Daryl Waters. That the rest of the revival (really a new creature, made from spare parts) is more suggestive than convincing is no crime; there has never been a satisfactory “Pal Joey.” Though the 1940 original featured some soon-to-be standards by Rodgers and Hart — “Bewitched, Bothered and Bewildered” chief among them — its book by John O’Hara, based on his epistolary novel and New Yorker stories, didn’t match them in tone or dramatic serviceability. Back then, the problem was thought to be the nature of Joey himself, a greasy heel trying to scheme his way from itinerant crooner to supper club smoothie. Along the way he picked up and discarded an innocent named Linda English, traded sex for financial support with a socialite named Vera Simpson and generally ruined everything he touched with his grifty hands. The problem faced by the various would-be saviors of “Pal Joey” — there were Broadway revivals in 1952, 1963, 1976 and 2008 — is rather what new throughline to impose and how to make the best use of its songs.

Persons: It’s, “ Pal Joey ”, Daryl Waters, Waters, ’, ”, Pal Joey, Rodgers, Hart —, John O’Hara, Joey himself, Linda English, Vera Simpson, Brooks Atkinson, J, Pierrepont Finch, Sweeney Todd, Evan Hansen, “ Pal Joey ” — Organizations: New York City Center, “, New York Times Locations: New, ’ Da, York , New York

[1/5] Spain's Princess Leonor arrives to swear an oath to the constitution at the parliament in Madrid, Spain, October 31, 2023. Those surveyed then gave Felipe VI an average score of 4.34 out of ten. Juan Carlos also did not attend Tuesday's ceremony. Juan Carlos has declined to comment on the various allegations of wrongdoing. Opponents of the monarchy see Juan Carlos' coronation in 1975 as illegitimate, saying he had been groomed to succeed dictator Francisco Franco.

Persons: Leonor, Susana Vera, Princess Leonor, King Felipe VI, Unidas Podemos, Sinaptica, Felipe VI, Juan Carlos I, Juan Carlos, Francisco Franco, David Latona, Andrei Khalip, Andrew Heavens Organizations: REUTERS, Rights, for Sociological Studies, Thomson Locations: Madrid, Spain, Rights MADRID, Wales, Catalonia, Basque, Galicia, Saudi Arabia, Abu Dhabi

☆ BOJ chooses slow path out of zero-rate limbo
▼ + stars: | 2023-10-31 | by ( Peter Thal Larsen | ) www.reuters.com time to read: +4 min

REUTERS/Susana Vera Acquire Licensing RightsHONG KONG, Oct 31 (Reuters Breakingviews) - The Bank of Japan (8301.T) is taking the long road out of zero-interest rate limbo. On the face of it, BOJ Governor Kazuo Ueda and his colleagues made few policy changes at their latest meeting. The short-term interest rate remains negative, while the official yield target for 10-year Japanese government bonds is unchanged at 0%. However, the real challenge for Ueda is when to end the era of negative short-term interest rates. The BOJ’s nine-member board maintained its target for short-term interest rates of -0.1%.

Persons: Kazuo Ueda, Susana Vera, Haruhiko Kuroda, Ueda, “, Antony Currie, Thomas Shum Organizations: Japan, International Monetary Fund, World Bank, REUTERS, Reuters, Bank of Japan, U.S, Thomson Locations: Marrakech, Morocco, HONG KONG, Japan

MEXICO CITY (AP) — Officials in Mexico said Monday that three foreign residents were among at least 45 people killed when Hurricane Otis hit the resort city of Acapulco last week. Meanwhile, the Navy said the search effort will now focus on finding possible bodies among the 29 boats known to have sunk in Acapulco Bay the night the hurricane hit. The government reported Sunday that at least 48 people died when Category 5 Hurricane Otis slammed into Mexico’s southern Pacific coast, most of them in Acapulco. In Acapulco, families held funerals for the dead on Sunday and continued the search for essentials while government workers and volunteers cleared streets clogged with muck and debris left by the hurricane. “There are many, many people here at the (morgue) that are entire families; families of six, families of four, even eight people,” she said.

Persons: Hurricane Otis, Adm, José Rafael Ojeda, ” Ojeda, Otis, Coyuca de Benitez, Guerrero state’s, Evelyn Salgado, Andrés Manuel López Obrador, Katy Barrera, Barrera’s, ” Barrera, Barrera —, —, ”, “, Kristian Vera Organizations: MEXICO CITY, —, Navy, Hurricane, Gov Locations: MEXICO, Mexico, Acapulco, England, Acapulco Bay, Pacific, Coyuca, hearses

☆ Ex-Spanish FA chief Rubiales banned three years over kiss scandal
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

The suspension was imposed following the allegedly non-consensual kiss Rubiales gave to Spain player Jenni Hermoso after this year's Women's World Cup final in which Spain beat England. The "kiss-gate" scandal completely overshadowed what was a momentous moment for Spanish women's soccer and blew up into a sexism storm that attracted global headlines. Rubiales resigned in September from his position as RFEF president, saying his position had become untenable. "Mr Rubiales has been notified of the terms of the FIFA Disciplinary Committee’s decision today," FIFA said. "Women's football stuck together on this and it's the right outcome."

Persons: Royal Spanish Football Federation Luis Rubiales, Susana Vera, Luis Rubiales, Rubiales, Jenni Hermoso, Hermoso, Mr Rubiales, Sue Smith, Trevor Stynes, Martyn Herman, Fernando Kallas, Ed Osmond Organizations: Royal Spanish Football Federation, Spanish Football Association, Spain, England, FIFA, Reuters, FIFA Appeal, Sky Sports, Thomson Locations: Madrid, Spain, Spanish

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBRUSSELS, Oct 29 (Reuters) - The Group of Seven industrial countries will on Monday agree a code of conduct for companies developing advanced artificial intelligence systems, a G7 document showed, as governments seek to mitigate the risks and potential misuse of the technology. The voluntary code of conduct will set a landmark for how major countries govern AI, amid privacy concerns and security risks, the document seen by Reuters showed. The 11-point code "aims to promote safe, secure, and trustworthy AI worldwide and will provide voluntary guidance for actions by organizations developing the most advanced AI systems, including the most advanced foundation models and generative AI systems", the G7 document said. The code urges companies to take appropriate measures to identify, evaluate and mitigate risks across the AI lifecycle, as well as tackle incidents and patterns of misuse after AI products have been placed on the market. Companies should post public reports on the capabilities, limitations and the use and misuse of AI systems, and also invest in robust security controls.

Persons: Dado Ruvic, Vera Jourova, Foo Yun Chee, Alexander Smith, Susan Fenton Organizations: REUTERS, Rights, Reuters, European Union, Companies, EU, Commission, Thomson Locations: Rights BRUSSELS, Canada, France, Germany, Italy, Japan, Britain, United States, Hiroshima, Southeast Asia, Kyoto

The survey by Spain's human rights ombudsman, part of a report presented to parliament on Friday, questioned just over 8,000 people. The document criticised the Church for not cooperating more fully with the investigation and seeking to "minimise the phenomenon". A spokesperson for the Church in Spain declined to comment on the report. The ombudsman's report, which found that nearly 65% of those abused were male, also called for the creation of a state fund to compensate victims. Reporting by Charlie Devereux, Emma Pinedo, Marco Antonio Trujillo and Susana Vera; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

Persons: Fernando Garcia, Garcia, Salmones, Angel Gabilondo, Pedro Sanchez, Charlie Devereux, Emma Pinedo, Marco Antonio Trujillo, Susana Vera, John Stonestreet Organizations: Reuters, Church, Thomson Locations: Madrid, Spain, MADRID, United States, Ireland, France, El Pais

☆ Yellen: Possible long-term yields will come down, but 'no one knows for sure'
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: 1 min

U.S. Secretary of Treasury Janet Yellen prepares for the start of the Development Committee Plenary on the fourth day of the annual meeting of the IMF and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, October 12, 2023. REUTERS/Susana Vera/File photo Acquire Licensing RightsOct 26 (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday said the sharp rise in long-term bond yields is reflective of confidence in the U.S. economy and expectations that interest rates will be higher for longer as a result. Yellen, in a televised interview with Bloomberg, said it was also possible that yields on longer-dated bonds will come down, but "no one knows for sure." Reporting By Dan BurnsOur Standards: The Thomson Reuters Trust Principles.

Persons: Janet Yellen, Susana Vera, Dan Burns Organizations: IMF, World Bank, REUTERS, . Treasury, Bloomberg, Thomson Locations: Marrakech, Morocco, U.S

☆ EU's von der Leyen to attend Britain's AI summit
▼ + stars: | 2023-10-27 | by ( Martin Coulter | ) www.reuters.com time to read: +2 min

Ursula von der Leyen, president of the European Commission, and Vera Jourova, a vice president, will attend the summit, according to an update to their official calendars published on Friday. While Sunak hopes to secure Britain's role as a world leader in AI regulation, some have questioned what the summit will achieve in practice. Last week, Bloomberg reported a number of world leaders - including Germany's Olaf Scholz and Canada's Justin Trudeau - would not be attending. While several world leaders, including U.S. Vice President Kamala Harris, are expected to attend the summit, the full guest list has not been made public. Matt Clifford, a tech investor and one of two chief organisers of the event, recently told Reuters the aim of the summit was to kickstart international dialogue on AI regulation.

Persons: Ursula von der Leyen, Vera Jourova, Rishi Sunak, Alan Turing, Sunak, Germany's Olaf Scholz, Canada's Justin Trudeau, Kamala Harris, Matt Clifford, Clifford, We're, Martin Coulter, Christina Fincher, Sharon Singleton Organizations: U.S, European Commission, British, Bletchley, Bloomberg, Reuters, Thomson Locations: England

Mike Sauschuck, Commissioner of the Department of Safety, speaks during a press conference on Tuesday, October 25. WMURA vehicle of interest was located in Lisbon, Maine, Mike Sauschuck, state commissioner for the Department of Public Safety, said during a news briefing Wednesday night. Lisbon is about 8 miles southeast of the city of Lewiston, where the shooting unfolded earlier Wednesday. Residents in Lisbon and Lewiston are being told to shelter in place as the manhunt for a person of interest, Robert Card, continues, he said. Hundreds of officers continue to search for Card as he remains at large and is considered armed and dangerous, Sauschuck said.

Persons: Mike Sauschuck, Robert Card, Sauschuck Organizations: Department of Safety, Department of Public, Residents Locations: Lisbon , Maine, Lisbon, Lewiston

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