By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) – As the race to develop more powerful artificial intelligence services like ChatGPT accelerates, some regulators are relying on old laws to control a technology that could upend the way societies and businesses operate. The European Union is at the forefront of drafting new AI rules that…
By Tom Polansek WICHITA, Kansas (Reuters) – Farmers in Kansas, the biggest U.S. producer of wheat used to make bread, are abandoning their crops after a severe drought and damaging cold ravaged farms. They are intentionally spraying wheat fields with crop-killing chemicals and claiming insurance payouts more than normal, betting the grain is not worth…
By Angeliki Koutantou and Karolina Tagaris ATHENS (Reuters) – Greek Prime Minister Kyriakos Mitsotakis declined to seek a coalition on Monday following this weekend’s inconclusive election, paving the way for a second vote in June that he hopes his conservative party will win outright. New Democracy won 40.8% of the vote versus 20.1% for the…
(Reuters) -The inflation wave that crested at a 40-year high last year and remains elevated has eroded U.S. households’ sense of financial security, the Federal Reserve reported Monday, with many saying they had reduced their savings to make ends meet, felt less secure about retirement, and had delayed purchases or swapped into cheaper products as…
By Padraic Halpin DUBLIN (Reuters) – Ryanair aims to boost profit by 10% this year after almost record earnings for its last financial year, CEO Michael O’Leary said on Monday, and it may do better if rival airlines’ “irrationally exuberant” summer fare forecasts are right. Europe’s largest airline by passenger numbers said it expects 10%…
By Padraic Halpin DUBLIN (Reuters) -Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over its handling of user information and given five months to stop transferring users’ data to the United States. The fine, imposed by Ireland’s Data Protection Commissioner (DPC), came after Meta…
By Luis Jaime Acosta BOGOTA (Reuters) – Colombia’s government on Monday suspended a national ceasefire with the Estado Mayor Central (EMC) armed group in some provinces, following the murder of four Indigenous teenagers. The move to reactivate military offensives against the EMC in the country’s southeast is the latest hiccup in leftist President Gustavo Petro’s…
By Timothy Gardner (Reuters) – A transgender Mississippi girl declined to participate in high school graduation on Saturday after a U.S. District Judge said the school district could bar her unless she dressed in clothes required for boys, a lawyer for the girl said. U.S. District Judge Taylor McNeel, an appointee of former Republican President…
By Swati Bhat MUMBAI (Reuters) – India’s economy has sustained the growth momentum seen in the last fiscal quarter of 2022/23, while latest inflation outcome has been better than forecast, the Reserve Bank of India said on Monday. Growth in the first quarter of 2023/24 is expected to be driven by private consumption, a revival…
By Aleksandar Vasovic BELGRADE (Reuters) – After Serbia was rocked by two mass shootings in two days earlier in May, Branko, 54, surrendered his unlicensed arms under a government amnesty: four assault rifles, nine handguns, eight grenades and many boxes of ammunition. The huge cache of weapons handed over by just one veteran of the…
