The EU is getting closer to having a detailed plan on how to use frozen Russian assets to pay for the reconstruction of Ukraine, a senior official told CNBC.Story Published at: June 13, 2023 at 06:12AM
Europe wants to use Russia’s assets to pay for Ukraine’s reconstruction — here’s how it might work
Biden Acting Labor Secretary Julie Su engaged in tense West Coast port contract negotiations
Biden Acting Labor Secretary Julie Su was the top labor official in California. Now she’s attempting to help broker a deal to avert a West Coast port crisis.Story Published at: June 13, 2023 at 02:00AM
The scarcity of water is emerging as a global economic threat. With China and India looking the most impacted
Global fresh water demand is expected to outstrip supply by 40% to 50% by 2030Story Published at: June 13, 2023 at 01:49AM
Chocolate is set to get more expensive as cocoa prices soar to seven-year highs
Chocolate lovers are up for a bitter disclosure: prices of their favorite snack are about to rise further on the back of elevated cocoa prices.Story Published at: June 13, 2023 at 01:12AM
Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst
Major banks and fintech companies claim to be piling into generative artificial intelligence, but there are lingering fears about potential pitfalls and risks.Story Published at: June 13, 2023 at 12:48AM
Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate
The commercial real estate industry is in the throes of a painful adjustment to higher borrowing costs and lower occupancy rates.Story Published at: June 12, 2023 at 05:11PM
Google and OpenAI limit A.I. chatbots in Hong Kong amid China tensions, report says
Google and OpenAI, which has partnered with Microsoft, have restricted access to their powerful artificial intelligence chatbots in Hong Kong.Story Published at: June 12, 2023 at 08:16PM
Trump arrives in Miami for his arraignment, still looking for a local lawyer
Former President Donald Trump arrived in Miami, where he is expected to surrender to authorities in a federal criminal probe Tuesday. Story Published at: June 12, 2023 at 10:49PM
FTC files to block Microsoft-Activision Blizzard deal
The FTC on Monday filed a temporary restraining order and preliminary injunction seeking to block Microsoft’s proposed acquisition of Activision Blizzard.Story Published at: June 12, 2023 at 10:00PM
Oracle beats on top and bottom lines as cloud revenue jumps
Oracle’s cloud infrastructure revenue growth accelerated in the quarter, although revenue from cloud and on-premises licenses declined.Story Published at: June 12, 2023 at 09:20PM