(Reuters) – OpenAI is committing $5 million to the American Journalism Project (AJP) under a partnership that will look for ways to support local news through artificial intelligence, the Microsoft-backed startup said on Tuesday. The deal will also give the non-profit and related organizations up to $5 million in OpenAI credits for the use of…
TUNIS (Reuters) – The Tunisian defense ministry said on Tuesday it had received four T-6C training aircraft from the United States, as part of cooperation to renew its fleet of training aircraft for the air force. Last month, four Tunisian soldiers died after a military aircraft crashed into the sea, an accident that President Kais…
MADRID (Reuters) – Spain’s High Court on Tuesday ordered that global police agency Interpol immediately extradite a former director of Venezuelan military intelligence to the United States, where he is wanted on drug trafficking charges, from Spain. The decision comes after the European Court of Human Rights last week denied an effort by Hugo Carvajal…
SEOUL (Reuters) -South Korea said on Tuesday it would challenge an arbitration ruling that ordered it to pay U.S. hedge fund Elliott Investment Management $108.5 million in a case involving the 2015 merger of two Samsung Electronics affiliates. The U.S. activist fund had sued over the role played by South Korea’s National Pension Service in…
By Leika Kihara and Tetsushi Kajimoto (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday there was still some distance to sustainably and stably achieving the central bank’s 2% inflation target, signalling his resolve to maintain ultra-loose monetary policy for the time being. “We have patiently continued our ultra-loose monetary policy under yield…
By Mike Stone WASHINGTON (Reuters) – The United States will announce a new pledge to buy $1.3 billion worth of military aid for Kyiv in its conflict with Russia in the coming days, two U.S. officials said. The previously unreported weapons package includes air defenses, counter-drone systems, exploding drones and ammunition, one of the U.S….
By Jennifer Rigby and Kate Turton LONDON (Reuters) – The world is baking under extreme heat – with Asia, Europe and the United States all dealing with scorching temperatures. WHAT ARE THE HEALTH RISKS? Heat affects health in several ways. Heat exhaustion, which can include dizziness, headaches, shaking and thirst, can affect anyone, and is…
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets. Now, long-feared corporate debt woes are starting to hit home, while more companies are being downgraded to a junk credit rating – facing…
WASHINGTON (Reuters) – Production at U.S. factories unexpectedly fell in June, but rebounded in the second quarter as motor vehicle output accelerated after two straight quarterly declines. Manufacturing output dropped 0.3% last month, the Federal Reserve said on Tuesday. Data for May was revised down to show production at factories falling 0.2% instead of edging…
By Safiyah Riddle (Reuters) – U.S. home builder sentiment hit a 13-month high in July as limited housing stock continued to drive demand for new houses, according to a survey on Tuesday, but the report also hinted at increasing challenges from tightening credit conditions in the months to come. The National Association of Home Builders/Wells…
