By Diane Bartz WASHINGTON (Reuters) – U.S. senators Elizabeth Warren, a Democrat, and Lindsey Graham, a Republican, said on Thursday they would push for an ambitious bill to create a new government regulator empowered to rein in Meta Platforms’ Facebook, Alphabet’s Google, Amazon.com and other Big Tech platforms. For several years, bills intended to clip…
(Reuters) – It only takes just a fraction of a second to suffer a pretty serious burn. Asphalt and concrete in direct sunlight can often reach surface temperatures as high as 82 Celsius (180 Fahrenheit) on the hottest days, said Dr. Kevin Foster, who directs the Arizona Burn Center in Phoenix. Forecasters predict another heat…
By Jibran Ahmad PESHAWAR, Pakistan (Reuters) -The death toll from a suicide bombing in Pakistan that targeted a hard-line religious group’s political rally and raised security concern for a general election due by November has risen to 56, a government official said on Tuesday. The attack was the deadliest on a political party since campaigning…
LONDON (Reuters) – British house prices fell by the most since 2009 in the 12 months to July, mortgage lender Nationwide said on Tuesday, as the drag from rising interest rates on the housing market intensified. Compared with July last year, the average house price was down 3.8% after a 3.5% annual fall in June,…
SHANGHAI (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology unveiled on Monday a new platform it developed in-house for making vehicles, which its chief executive said it wants to license to other automakers. The “Four Leaf Clover” architecture features an integrated computing platform capable of controlling all intelligent functions including an EV’s autonomous driving and…
(Reuters) – Dell Technologies on Monday launched new generative artificial intelligence (GenAI) solutions in collaboration with Nvidia whose chips enable the technology behind OpenAI’s ChatGPT. The tools will help businesses to build GenAI models and are an expansion of Dell’s Project Helix, which was launched in May. (Reporting by Jaspreet Singh in Bengaluru; Editing by…
HONG KONG (Reuters) – Hong Kong’s June retail sales rose 19.6% from a year earlier in the seventh consecutive month of growth thanks to a tourism recovery and positive consumption sentiment and the outlook is favourable, the city government said on Tuesday. Sales increased to HK$33.1 billion ($4.25 billion). That compared with a revised 18.5%…
By Ernest Scheyder (Reuters) – Li-Cycle said on Tuesday it has started operations at its German plant to break down electric-vehicle batteries for recycling, part of the company’s rapid expansion into the European market and plan to become one of the continent’s largest lithium producers. The facility in Magdeburg, roughly 112 miles (180 km)southwest of…
BERLIN (Reuters) -BMW lifted its annual outlook for its margin on earnings before interest and taxes (EBIT) in the automotive segment on Tuesday but said it foresaw ongoing challenges from supply chain issues and inflation in the second half of the year. The carmaker’s forecast mirrored that of competitors such as Mercedes-Benz which also raised…
By Mathieu Rosemain PARIS (Reuters) -Czech billionaire Daniel Kretinsky is in talks to buy Atos’s loss-making legacy operations in a 2 billion-euro ($2.20 billion) deal that will refocus the struggling French company on its cybersecurity and cloud assets, and cut its debt. Kretinsky, who made his fortune in the energy sector, is expanding his vast…
