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World

Elon Musk awarded US$29 billion pay package from Tesla

New York: In a significant development, the board of American automaker Tesla has agreed to give its CEO Elon Musk another huge pay package worth about US$29 billion.The company’s...

IMF upgrades global growth forecast as tariffs ease

New York: The International Monetary Fund (IMF) has predicted stronger global economic growth than it forecast in April...

Italy and IMEC: Increasing Engagement through cooperation and peace

Italy is positioning itself as a key player in the emerging India-Middle East-Europe Economic Corridor (IMEC), with senior...

Tesla to hold shareholder vote on whether to invest in xAI

New York, July 15 (UNI) Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest...

IMF board enables disbursement of about $500 mln to Ukraine – Statement

Washington: The IMF Board has approved a nearly $500 million disbursement to Ukraine following a review of the...
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Trump raises aluminum tariffs to 25 pc, ends exemptions on steel and aluminum

Washington: U.S. President Donald Trump on Monday signed proclamations to raise tariffs on aluminum from 10 percent to 25 percent and ended duty-free quotas,...

Is Macron’s AI summit, start of a Global AI war between the US, Europe and China?

The AI Action Summit, held on February 10-11, 2025, at the Grand Palais in Paris, brought together world leaders, industry executives, academics, and civil...

Artificial Intelligence Action Summit in Paris as AI scam in Italy comes to light.

In a sophisticated scam that has recently come to light, several prominent Italian business figures were targeted by fraudsters impersonating Italian Defense Minister Guido...

Google revises AI use for weapons

Chicago: Alphabet, the parent company of Google, has amended its AI principles, veering course from its previous commitment to abstain from developing artificial intelligence...

U.S. stocks advance despite risks on escalating trade tensions

New York: U.S. stocks ended higher on Tuesday, as investors digested a mix of upbeat corporate earnings and evolving trade tensions, setting the stage...

Former Google CEO calls DeepSeek turning point for AI race

San Francisco: Former Google CEO Eric Schmidt described DeepSeek's rise as "a turning point" in the global artificial intelligence (AI) race, according to an...
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