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☆ Experts say they warned of dangers of climbing Indonesia's Mt. Marapi after 13 die in eruption
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Mount Marapi volcano spews volcanic ash as seen from Nagari Batu Palano in Agam, West Sumatra province, Indonesia, December 4, 2023, in this photo taken by Antara Foto. The 2,891-metre high volcano in West Sumatra erupted on Sunday, spewing gray clouds of ash as high as 3 kilometres (1.9 miles) into the sky. Search operations for 10 missing climbers were under way on Tuesday, local authorities said, with about 200 local rescuers involved. For more than a decade, Indonesia's volcanology agency had sent monthly letters warning the environment ministry and local conservation agency that climbers should keep a safe distance from the volcano's peak, said agency head Hendra Gunawan. The volcano erupted several times in January and February 2023, but its relatively infrequent eruptions during the past decade have made it difficult to analyse, said Ahmad Basuki of the volcanology agency.

Persons: Antara, el, Indonesia's, Hendra, Rescuers, Marapi, Ahmad Basuki, Ananda Teresia, Kate Lamb Organizations: Rights, Reuters, West, Thomson Locations: Batu, Agam , West Sumatra, Indonesia, Rights JAKARTA, West Sumatra, West Sumatra's, Mt

☆ Gaza families flee again to shrinking, overcrowded pocket of land
▼ + stars: | 2023-12-05 | by ( Bassam Masoud | ) www.reuters.com time to read: +4 min

"We are getting ready to leave Khan Younis, heading to Rafah. But in Rafah, displaced people said their living conditions were horrible. Palestinians fleeing north Gaza walk towards the south, amid the ongoing conflict between Israel and Palestinian Islamist group Hamas, in the central Gaza Strip, November 9, 2023. Hamas militants stormed into southern Israel on Oct. 7, killing 1,200 people and kidnapping 240 hostages, according to Israel's tally. More than 15,800 Palestinians have been killed by Israel's military response in Gaza, according to figures from Gaza health officials deemed reliable by the United Nations.

Persons: Khan, KHAN YOUNIS, Khan Younis, Nasser, Abu Omar, Enas Mosleh, Mohammed Salem, Hassan al, Fadi Shana, Saleh, Maggie Fick, Estelle Shirbon, Timothy Organizations: Hamas, REUTERS, United Nations, Nasser, Timothy Heritage, Thomson Locations: Khan Younis, Rafah, Gaza, Israel, Egypt, Palestinian, Beit Hanoun, Saleh Salem, Beirut

☆ Shanghai wants Microsoft to promote AI tech in city - govt
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: 1 min

A Microsoft sign at the U.S. tech giant's offices in Issy-les-Moulineaux, near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsBEIJING, Dec 5 (Reuters) - Shanghai authorities told Microsoft's (MSFT.O) visiting president on Tuesday they want his company to promote artificial intelligence technology to boost businesses there, the Chinese financial hub's government said. Chen Jining, Shanghai's Communist party Secretary, made the remarks while meeting Microsoft President and Vice Chair Brad Smith, the government said. Shanghai was also open to Microsoft collaborating on studying technology-related governance frameworks and standards, Chen said. Reporting by Beijing Newsroom;Our Standards: The Thomson Reuters Trust Principles.

Persons: Gonzalo Fuentes, Microsoft's, Chen Jining, Brad Smith, Chen Organizations: Microsoft, REUTERS, Rights, Communist, Beijing Newsroom, Thomson Locations: Issy, Paris, France, Rights BEIJING, Shanghai

Dec 5 (Reuters) - Eli Lilly (LLY.N) on Tuesday said its recently approved obesity treatment Zepbound is now available in U.S. pharmacies and could cost $550 a month for customers whose health insurance does not cover the drug, or half the list price. Wall Street analysts expect sales of Zepbound to reach about $2 billion in 2024, and for sales of Novo Nordisk's (NOVOb.CO) rival obesity drug Wegovy to hit around $7.5 billion. An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. When the U.S. Food and Drug Administration approved Zepbound in November, Lilly said it would launch after the U.S. Thanksgiving holiday. Lilly's obesity drug has the same active ingredient, tirzepatide, as its previously approved diabetes drug Mounjaro, which has been used off-label for weight loss since its 2022 launch.

Persons: Eli Lilly, Wegovy, danuglipron, Zepbound, Lilly, Mike Segar, Eli Lilly's, Patrick Wingrove, Manas Mishra, Khushi, Arun Koyyur, Alexander Smith, Bill Berkrot Organizations: Wall Street, Novo, Pfizer, Company, REUTERS, CVS, U.S . Food, Drug Administration, U.S, Thomson Locations: U.S, Branchburg , New Jersey, Indianapolis, New York, Bengaluru

☆ Buildings evacuated as quake rattles Philippine capital
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Lisa Marie David Acquire Licensing RightsMANILA, Dec 5 (Reuters) - Workers, residents, and students evacuated buildings in the Philippine capital Manila on Tuesday after an earthquake of magnitude 5.9 struck off the main Luzon island, according to the state seismology agency and images carried by media. It recorded the offshore earthquake at magnitude 5.9, with a depth of 79 kilometres (49.09 miles). Images shared by media on X showed government workers leaving congress, senate, presidential palace, justice ministry buildings. Three people died from a magnitude 7.4 earthquake that struck the southern Philippines on Saturday night. A separate magnitude 6.8 earthquake struck Mindanao early Monday morning.

Persons: Lisa Marie David Acquire, Michael Orayani, Neil Jerome Morales, Mikhail Flores, Kanupriya Kapoor Organizations: REUTERS, Rights, Thomson Locations: Manila, Philippines, Rights MANILA, Philippine, Luzon, Lubang, Occidental Mindoro, Mindanao

☆ China issues safety guidelines for autonomous public transport vehicles
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +1 min

[1/2] Baidu's Apollo car with an autonomous driving system, which serves for self-driving taxi services, is seen at the Shougang Industry Park in Beijing, China July 30, 2021. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsBEIJING, Dec 5 (Reuters) - China on Tuesday issued safety guidelines for the use of autonomous vehicles in public transport, the latest in a series of measures preparing for the increased use of driverless cars. The guidelines apply to autonomous vehicles for passengers including taxis as well as for freight transportation, the Ministry of Transport said in a statement. They also require companies using autonomous vehicles for public transport to be qualified and licensed and state that companies can work together with automakers on such operations. In October, it issued guidelines for highway engineering facilities to support autonomous driving technology.

Persons: Tingshu Wang, Albee Zhang, Zoey Zhang, Brenda Goh, Christopher Cushing Organizations: REUTERS, Rights, Ministry of Transport, Thomson Locations: Beijing, China, Rights BEIJING

☆ A decade after Mandela's death, his pro-Palestinian legacy lives on
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +3 min

[1/2] Former South African president Nelson Mandela (R) and Palestinian President Yasser Arafat (L) address the media after holding talks on the crisis in the Middle East May 3, 2001. It was a gesture as controversial then as South Africa's support for the Palestinian cause is today, but Mandela brushed off criticism. Last month, the ruling ANC backed a motion in South Africa's parliament to suspend diplomatic ties with Israel until it agreed to a ceasefire in Gaza. Israel has disputed the comparison with apartheid as a lie motivated by antisemitism, but many South Africans follow Mandela's lead. Some in South Africa's Jewish community criticise the ANC's stance, pointing out that Mandela himself eventually tried to build bridges with Israel.

Persons: Nelson Mandela, Yasser Arafat, Mandela, Arafat, S.Africa, Carien du Plessis, Mandla Mandela, Obed Bapela, Lebogang Mashile, David Saks, Ehud Barak, Ezer Weisman, Saks, Shafiek, Tim Cocks, Alex Richardson Organizations: South, Arafat ANC, ANC, Palestine Liberation Organisation, Hamas, Reuters, Thomson Locations: Israel, Gaza, Shafiek, JOHANNESBURG, Palestine, Johannesburg, South Africa's, South Africa, South

"The situation is getting worse by the hour," Richard Peeperkorn, WHO representative in Gaza, told reporters via video link. "There's intensified bombing going on all around, including here in the southern areas, Khan Younis and even in Rafah." Thomas White, Director of Affairs at the U.N. Palestinian agency in Gaza, said a population of more than 600,000 had been ordered to move to escape bombardment. The WHO's Peeperkorn said the agency had complied with an Israeli order to remove supplies from warehouses in Khan Younis. Reporting by Emma Farge and Gabrielle Tétraut-Farber; Editing by Rachel More and Janet LawrenceOur Standards: The Thomson Reuters Trust Principles.

Persons: Fadi Shana, Khan Younis, Richard Peeperkorn, There's, Peeperkorn, Thomas White, White, James Elder, I've, Tedros Adhanom Ghebreyesus, Israel, Emma Farge, Gabrielle Tétraut, Farber, Rachel More, Janet Lawrence Organizations: Hamas, REUTERS, WHO, Health Organization, United Nations, UNICEF, Thomson Locations: Israel, Palestinian, Rafah, Gaza, GENEVA, ., Cairo, Khan

U.S. Supreme Court Associate Justice Samuel A. Alito Jr. poses during a group portrait at the Supreme Court in Washington, U.S., October 7, 2022. Such a ruling also could frustrate policies favored by some Democrats, including Senator Elizabeth Warren, for a tax on the net worth - meaning all assets and not just income - of the super-rich. Alito defended the court in articles in the Wall Street Journal's opinion section. The Moores sued the U.S. government in 2019 challenging the mandatory repatriation tax. Circuit Court of Appeals threw out the case, noting that under Supreme Court precedent the "realization of income is not a constitutional requirement."

Persons: Samuel A, Alito Jr, Evelyn Hockstein, Samuel Alito, Charles, Kathleen Moore, Donald Trump, Moores, Elizabeth Warren, Alito, Alito's recusal, David Rivkin Jr, Andrew Chung, Will Dunham Organizations: Supreme, REUTERS, Rights, U.S, Competitive Enterprise Institute, Democratic, Moores, Street, Circuit, Thomson Locations: Washington , U.S, Redmond , Washington, Republican, Constitution's, Bangalore, India, San Francisco

REUTERS/Jonathan Ernst//File Photo Acquire Licensing RightsLITTLETON, Colorado, Dec 5 (Reuters) - U.S. electricity generation from wind power is on course to surpass coal-fired electricity generation, potentially by 2026, as wind supply growth expands at a record pace just as coal-fired generation is cut across the country. U.S. wind power generation on track to surpass coal-fired generationBut with wind power generation rapidly rising in most regions while utilities steadily cut coal capacity, wind output is on track to eventually overtake coal output within the U.S. electricity generation mix, which will mark a significant milestone in U.S. energy transition efforts. In 2015 - before U.S. power producers accelerated renewable power development - coal-fired electricity generation was nearly 700% greater than electricity output from U.S. wind farms. PEAKS AND TROUGHSU.S. wind generation already briefly surpassed total coal-fired power output in April this year, when wind electricity generation totalled 42.85 terawatt hours compared to the 39.8 TWh generated by coal plants, according to Ember. That means that within the current decade U.S. wind power will be able to surpass coal-fired power in the electricity generation mix, and help accomplish a major U.S. energy transition target.

Persons: Jonathan Ernst, Gavin Maguire, Stephen Coates Organizations: REUTERS, Institute for Energy Economics, U.S, P Global, Reuters, Thomson Locations: Iowa, Latimer , Iowa, U.S, LITTLETON , Colorado, United States

SINGAPORE, Dec 5 (Reuters) - Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data. The Australian dollar fell 0.5% after the central bank left interest rates on hold, as expected, and emphasised that the future direction rates would depend on data. Japan's Nikkei (.N225) was dragged 1% lower to a three-week trough, mostly thanks to falling chipmaking stocks. Treasuries had come under a little pressure overnight as traders calibrated pretty aggressive pricing for U.S. interest rate cuts. The Reserve Bank of Australia left interest rates on hold and said, as it had a month ago, that future rate settings would depend on data.

Persons: Treasuries, Kim Coghill Organizations: Japan's Nikkei, ANZ, New, Reserve Bank of Australia, Brent, U.S . Department of Agriculture, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, Hong Kong, New Zealand, Tokyo, China

☆ Fall in euro zone business activity adds to recession expectations
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

A waiter picks up the terrace of the Zurich bar at Placa de Catalunya in Barcelona, Spain April 4, 2023. A PMI for the services sector rose to 48.7 from October's 47.8. "The sombre outlook is reinforced by the fifth consecutive monthly shrinkage in new business. An index measuring new business - a gauge of demand - was below 50 for a fifth month although it did rise to 46.7 from 45.6. The composite future output index rose to 56.0 from 55.6.

Persons: Nacho, Cyrus de la Rubia, Jonathan Cable, Susan Fenton Organizations: Placa de, REUTERS, P Global, PMI, Hamburg Commercial Bank, Thomson Locations: Zurich, Barcelona, Spain, October's, Hamburg

☆ Senator Tuberville lifts blockade on some US military promotions
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +1 min

Senator Tommy Tuberville (R-AL) speaks with reporters on the way to the Senate floor for a procedural vote regarding top military appointees at the U.S. Capitol in Washington, U.S., September 20, 2023. Senator Tommy Tuberville, who has blocked hundreds of military promotions for months to protest the Pentagon's payment of abortion-related travel costs, said on Tuesday he would lift his hold on some of them. Tuberville's actions have affected some 400 officers and their families, as well as lower-level officers in the military. Democrats have said Tuberville should show his objection on a policy matter by targeting Biden nominees involved with policy. Reporting by Jasper Ward and Susan Heavey; writing by Costas Pitas; editing by Rami AyyubOur Standards: The Thomson Reuters Trust Principles.

Persons: Tommy Tuberville, Jonathan Ernst, I've, Republican Tuberville, Biden, Jasper Ward, Susan Heavey, Costas Pitas, Rami Ayyub Organizations: U.S, Capitol, REUTERS, Rights, Republican U.S, Pentagon, Republican, Thomson Locations: Washington , U.S, Alabama

☆ Myanmar junta leader says armed organisations must solve their problems 'politically' - state media
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Myanmar's junta leader General Min Aung Hlaing, who ousted the elected government in a coup on February 1, 2021, presides over an army parade on Armed Forces Day in Naypyitaw, Myanmar, March 27, 2021. REUTERS/Stringer/File Photo Acquire Licensing RightsDec 5 (Reuters) - Myanmar's junta leader Min Aung Hlaing has called on armed ethnic groups involved in an offensive against the country's ruling military to solve their problems "politically", state media reported on Tuesday. "(He) warned that if armed organisations keep on being foolish, residents of the relevant regions will suffer bad impacts. So, it is necessary to consider the lives of the people, and those organisations need to solve their problems politically," the Global New Light of Myanmar newspaper reported. A parallel civilian government backing some of the armed rebel groups dismissed Min Aung Hlaing's call for dialogue.

Persons: General Min Aung Hlaing, Stringer, Min Aung Hlaing, Min Aung, Kyaw Zaw, Kanupriya Kapoor Organizations: Armed Forces, REUTERS, Myanmar, National Unity Government, Reuters, United Nations, Thomson Locations: Naypyitaw, Myanmar, Shan State, China, Rakhine, Chin States

☆ China says visa-free travel policy has boosted tourism
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Dec 5 (Reuters) - China's foreign ministry said on Tuesday its visa-free travel policy has produced a clear effect, making things easier for travellers. "Going forward, the Ministry of Foreign Affairs will continue to adjust visa policies to create more favourable conditions and further facilitate cross-border travel," spokesperson Wang Wenbin told a press briefing when asked for an update on tourism after China announced the policy, which covers several European countries and Malaysia. Travellers walk past an installation in the shape of five stars, at Beijing Daxing International Airport in Beijing, China April 24, 2023. Germany's ambassador to China had expressed hope that China would extend the measures to all European Union members. Reporting by Andrew Hayley; Writing by Liz Lee and Bernard Orr; Editing by Tom Hogue and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Wang Wenbin, Tingshu Wang, Wang, Andrew Hayley, Liz Lee, Bernard Orr, Tom Hogue Organizations: Ministry of Foreign Affairs, China, Beijing Daxing International, REUTERS, European Union, Thomson Locations: BEIJING, Malaysia, Beijing, China, France, Germany, Italy, Netherlands, Spain

☆ EU clears up to 1.2 bln euros of aid for cloud computing
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Dec 5 (Reuters) - The European Commission approved on Tuesday up to 1.2 billion euros ($1.30 billion) of state aid for a European cloud computing project to try to boost the involvement of EU business in a field dominated by U.S. companies. Those countries will provide up to 1.2 billion euros in public funding, which in turn is expected to unlock 1.4 billion euros in private investments, the European Commission said. The European cloud technology project features 19 companies, including French companies Atos (ATOS.PA) and Orange (ORAN.PA), Deutsche Telekom (DTEGn.DE) and Germany's SAP (SAPG.DE), Telecom Italia (TLIT.MI) and Telefonica Espana (TEF.MC). The three biggest players in cloud computing are Amazon (AMZN.O), Microsoft (MSFT.O) and Google (GOOGL.O).

Persons: Yves Herman, Didier Reynders, Sudip Kar, Gupta, Piotr Lipinski, Philip Blenkinsop, Barbara Lewis Organizations: European Commission, REUTERS, Rights, U.S, Infrastructure, Services, IPCEI CIS, Union, Deutsche Telekom, SAP, Telecom Italia, Telefonica Espana, Microsoft, Google, Thomson Locations: Brussels, Belgium, France, Germany, Hungary, Italy, Netherlands, Poland, Spain

A padlock is seen in front of the word 'spyware' and binary code in this illustration taken May 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Dec 5 (Reuters) - Lobby group Japan Association of New Economy has joined U.S. Big Tech to warn against proposed EU cybersecurity labelling rules that they said could hamper their access to the bloc's markets, according to a letter sent to the EU industry chief. A requirement that Amazon (AMZN.O), Alphabet's (GOOGL.O) Google, Microsoft (MSFT.O) and other non-EU cloud providers set up a joint venture with an EU-based company to qualify for the EU cybersecurity label has triggered criticism from some EU countries and foreign vendors. The Japan Association of New Economy also slammed these requirements. The Japan Association of New Economy is a business lobby group focused on e-business and developing new industries.

Persons: Dado Ruvic, Hiroshi Mikitani, Thierry Breton, Mikitani, Foo Yun Chee, Dave Dolan, Miral Organizations: REUTERS, Rights, Japan Association of New, U.S, Big Tech, European Union, Google, Microsoft, EU, Reuters, Japan Digital Partnership, Thomson Locations: EU, Japan, Japanese, Brussels, Tokyo

☆ Russian air defence systems destroy 41 Ukraine-launched drones -Russian defence ministry
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: 1 min

Dec 5 (Reuters) - Russian air defence systems destroyed or intercepted a total of 41 Ukraine-launched drones overnight and early morning on Tuesday, the Russian defence ministry said. Twenty-six of the drones were destroyed over Russian territory, and 15 were intercepted over the Sea of Azov and the Crimean Peninsula, the ministry said in a statement on its Telegram channel. The ministry did not say whether there was any damage caused by the attack or falling debris. Reuters could not independently verify the report. Reporting by Lidia Kelly in Melbourne; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Lidia Kelly, Tom Hogue Organizations: Thomson Locations: Ukraine, Azov, Crimean, Melbourne

☆ Morning Bid: Small caps pick up baton, China rating hit
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +6 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. The likes of Microsoft (MSFT.O), Apple (AAPL.O), Nvidia (NVDA.O) and Amazon (AMZN.O) fell back over 1%, pressured by a modest bounceback in U.S. Treasury yields. China's blue-chip stocks slumped to their lowest since February 2019 amid fears of a possible cut to China's sovereign credit rating cut after Moody's outlook reduction. By Mike Dolan, Editing by Bernadette Baum; <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>Our Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Russell, that's, Moody's, Isabel Schnabel, Michael Gibson, Christine Laggard, Mongo, Zero Fox, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Reserve, Microsoft, Apple, Nvidia, Treasury, Reserve Bank of Australia, Central Bank, Reuters, ECB, Barclays, Qatar, P Global, Federal, Division, Supervision, Financial Innovation, Descartes Systems, Health, Powell Industries, Dave, Buster's Entertainment, Reuters Graphics, Thomson Locations: New York City, U.S, Global, York, Treasuries, Europe

☆ Crypto stocks surge as bitcoin hits fresh 2023 high
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

"What we have right now is a risk rally, and bitcoin is also benefiting big time from falling yields. Halving is a process designed to slow the release of bitcoin, and bitcoin prices have typically rallied following halvings. The stock rose nearly 62% in November, even as the crypto exchange reported a decline in third-quarter trading volumes. The ProShares Bitcoin Strategy ETF , which tracks bitcoin futures, rose 7.7% and looked set to touch an over one-year high, while the ProShares Short Bitcoin Strategy ETF that allows traders to bet on a fall in bitcoin futures fell 7.7%. However, the recent rally has sent bitcoin up more than 150% so far in 2023, on course for its best annual performance since 2020.

Persons: Dado Ruvic, Bitcoin, Ipek Ozkardeskaya, Microstrategy, Sruthi Shankar, Amruta, Tasim Zahid Organizations: REUTERS, Swissquote Bank, Thomson Locations: U.S, Bengaluru

The logo of Spanish telecoms firm Telefonica is seen atop the company's building in Madrid, Spain, September 6, 2023. REUTERS/Violeta Santos Moura//File Photo Acquire Licensing RightsMADRID, Dec 4 (Reuters) - Telefonica told unions on Monday it was seeking to cut around 5,100 jobs in Spain by 2026 in an effort to reduce costs and adapt the company's size to the current market, a UGT union spokesperson said. The company based the decision on productivity, organization and technical reasons, the union spokesman said as Telefonica and the unions started negotiating the layoffs. In a statement Telefonica confirmed the labour "adjustment", but declined to say how many jobs it intended to axe. The company will negotiate the extent of the job cutting with the union, so that the actual cuts could be fewer than the 5,100 ones targeted by the company, UGT spokesperson Diego Gallart said.

Persons: Violeta Santos Moura, Diego Gallart, Inti Landauro, Matteo Allievi, Jakub Olesiuk, Andrei Khalip, Jan Harvey Organizations: Telefonica, REUTERS, Rights, Thomson Locations: Madrid, Spain

☆ IBM shows new quantum computing chip, targeting 2033 for large systems
▼ + stars: | 2023-12-04 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

International Business Machines’ (IBM) Quantum System Two computer containing three "Heron" processors is seen in this undated handout photo. Courtesy of International Business Machines/Handout via REUTERS/File Photo Acquire Licensing RightsDec 4 (Reuters) - International Business Machines (IBM.N) on Monday showed a new quantum computing chip and machine that it hopes will serve as the building blocks of much larger systems a decade from now. Researchers around the world are trying to perfect quantum computing, which relies on quantum mechanics to reach computing speeds far faster than classical silicon-based computers. The challenge has been to create quantum computers that are reliable enough in the real world to consistently beat conventional computers. Microsoft (MSFT.O), Alphabet's Google (GOOGL.O) and China's Baidu (9888.HK), along with startups and nation states, are all racing to develop quantum machines.

Persons: Baidu, Dario Gil, IBM's, " Gil, it's, Stephen Nellis, Diane Craft Organizations: Machines, IBM, Business Machines, REUTERS, Microsoft, Google, HK, Reuters, Thomson Locations: San Francisco

☆ Tesla's China-made EV sales fall 17.8% in Nov, biggest drop since Dec 2022
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

BEIJING/SHANGHAI, Dec 4 (Reuters) - Sales of U.S. automaker Tesla's (TSLA.O) China-made electric vehicles (EVs) skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday. That marked the biggest fall since December 2022 when Tesla's sales of China-made EVs fell 21% on the year as the U.S. automaker reduced output and cut prices to deal with rising inventories and weakening demand. Xi expressed his support for Tesla's development in China, the automaker said in a Weibo post. Li Auto (2015.HK) last month said mass production and delivery of its first full EV are scheduled for February. Smartphone maker Xiaomi (1810.HK) has also moved closer to EV production, with a unit of automaker BAIC Group (1958.HK) applying for regulatory approval to build two Xiaomi-branded cars.

Persons: Tesla's, EVs, BYD, Tesla, Elon Musk's, Musk, Xi Jinping, Xi, Li Auto, Qiaoyi Li, Zhang Yan, Brenda Goh, Bernadette Baum, Kirsten Donovan Organizations: U.S, China Passenger Car Association, APEC, Reuters, Li, HK, BAIC Group, Thomson Locations: BEIJING, SHANGHAI, China, San Francisco, Weibo

☆ Indonesia to bid again for U-20 World Cup after losing hosting rights
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Amr Alfiky Acquire Licensing RightsJAKARTA, Dec 4 (Reuters) - Indonesia will declare its interest to football's world governing body FIFA in jointly holding the 2025 Under-20 World Cup with Singapore, its president said on Monday, despite his country being stripped of the hosting rights to this year's tournament. Indonesia staged this year's U-17 contest, which concluded on Saturday, with Germany beating France on penalties. "The declaration of interest has been signed by PSSI and football association of Singapore," he told reporters, referring to Indonesia's football federation. Muslim-majority Indonesia was in March stripped of the rights to host the U-20 contest just seven weeks out from its start due to opposition from some government officials to the participation of Israel. The loss of hosting rights was a big setback in Indonesia, where football has a huge following, despite the lack of international success since qualifying for the 1938 World Cup as the Dutch East Indies.

Persons: Joko Widodo, Amr Alfiky, Israel, Ananda Teresia, Martin Petty, Kanupriya Kapoor Organizations: United Nations, Change, United Arab Emirates, REUTERS, Rights, FIFA, Singapore, PSSI, Israel, Senior, Argentina, Uruguay, Dutch, Thomson Locations: Dubai, United Arab, Rights JAKARTA, Indonesia, Germany, France, Singapore, Dutch East Indies

☆ AI defined 2023. Bullets and ballots will shape 2024
▼ + stars: | 2023-12-04 | by ( Simon Robinson | ) www.reuters.com time to read: +4 min

In that spirit, I asked OpenAI’s ChatGPT and Google’s Bard – two of the most popular generative AI tools – to do the job for me. It missed the war between Hamas and Israel. In 2024, expect more progress and more news on regulators scrambling to keep up. Next year will also be defined by bullets and ballots. Like many newsrooms, Reuters is experimenting with how AI can help us package, produce and deliver our journalism.

Persons: OpenAI’s ChatGPT, Bard –, ChatGPT, “, ”, Bard, –, Donald Trump, Narendra Modi, machismo, Claudia Sheinbaum, Vladimir Putin, Joseph Stalin’s, What’s, Taylor, Edward Tobin Organizations: United Nations, Gaza Health Ministry, Brussels –, Ukraine –, Washington, U.S, Mexico City, Reuters, Thomson Locations: Russia, Ukraine, Israel, Gaza, Ukrainian, Ukraine’s, Washington, Brussels, Moscow, Kyiv, Beijing, Taiwan, U.S, India, Mexico, United States

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