TOKYO, Oct 13 (Reuters) – Japan’s cabinet approved three bills on Tuesday to strengthen energy supply security, including measures to offset higher costs of importing crude oil through routes that …
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Bank
Banking watchdogs ramp up AI scrutiny as stability fears mount, sources say
by Nishatby NishatNEW YORK/LONDON, Oct 13 (Reuters) – Banking regulators are stepping up efforts to contain growing AI risks, six people familiar with the matter said, with some pointing to the potential …
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Business
South African fashion retailer Foschini Group’s UK arm hit by cyber incident
by Nishatby NishatOct 13 (Reuters) – South African fashion retailer The Foschini Group (TFGJ.J),said on Tuesday it was investigating a recent cybersecurity incident at its UK operations, affecting its Phase Eight, Hobbs …
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OSLO, Oct 13 (Reuters) – Finland’s Nokia (NOKIA.HE), said on Tuesday it has agreed to sell its Enterprise Campus Edge (ECE) business to private equity group Aurelius. Reporting by Terje …
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Business
AI models may soon self-replicate without access to data centers, Anthropic warns
by Nishatby NishatOct 13 (Reuters) – Anthropic said on Monday its experiments suggested small AI models may be months away from being capable enough to self-replicate on commercial internet-of-things (IoT) devices, such …
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Business
Publicis reaffirms outlook as AI-powered marketing demand drives quarterly growth
by Nishatby NishatOct 13 (Reuters) – Publicis (PUBP.PA),confirmed its full-year outlook after the French ad giant’s third-quarter organic growth topped market expectations on Tuesday, driven by client demand for AI-powered marketing. Organic …
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Business
Singapore-based Zenyum’s parent MakeO raises $10 million for Asian expansion
by Nishatby NishatHONG KONG, Oct 13 (Reuters) – MakeO, the parent of Singapore-based dental and oral-care company Zenyum, has raised $10 million to expand across Asia and pursue acquisitions, the companies said …
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India’s new FX curbs sow confusion, bankers await clarity on dealing rupee derivatives
by Nishatby NishatMUMBAI, Oct 13 (Reuters) – India’s latest foreign-exchange curbs have sown confusion among bankers, with some taking a broad interpretation of the cash-margin requirement and holding back on quoting rupee …
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Beijing, Oct 13 (Reuters) – China’s third-quarter smartphone shipments fell 15.4% from a year earlier to 57.9 million units, research firm IDC said on Tuesday. Huawei was the only major …
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WASHINGTON, Oct 13 (Reuters) – NASA’s robotic Perseverance rover has now driven farther than any other vehicle on the surface of any world other than Earth, racking up 28.1 miles …
