Stablecoins are gaining a larger role in digital finance, but their growing use does not necessarily make them suitable as a mainstream payment instrument, according to Pablo Hernandez de Cos, general manager of the Bank for International Settlements. Speaking at… Read More ›
India’s long-running debate over how packaged food should disclose health risks has entered a new phase, with the country’s food regulator proposing a prominent warning system after years of hesitation and mounting pressure from the Supreme Court. The Food Safety… Read More ›
The technology industry’s latest warning about artificial intelligence and cybercrime reflects a growing concern that conventional cybersecurity practices may not improve quickly enough to match the capabilities of increasingly advanced AI systems. More than 100 technology, financial, infrastructure and industrial… Read More ›
A catastrophic flash flood along Nepal’s northern border has highlighted how quickly instability in the high Himalayas can turn a geological event into a humanitarian disaster. Satellite imagery and preliminary scientific assessments indicate that a large section of glacier and… Read More ›
For almost two years, UniCredit chief executive Andrea Orcel has pursued a larger stake in Germany’s Commerzbank despite repeated political resistance in Berlin. What began as an unwelcome investment has gradually developed into a situation in which German officials and… Read More ›
Europe is entering the final months before winter with natural gas inventories well below levels seen in recent years, increasing the possibility of higher prices if supplies remain constrained or temperatures become unusually cold. European Union storage facilities were around… Read More ›
Nvidia has reportedly agreed to acquire artificial intelligence platform Hugging Face for $12.9 billion, according to a report based on a person familiar with the agreement. Neither company had publicly confirmed the transaction at the time of reporting, and separate… Read More ›
The United States is considering another round of tariffs on semiconductor imports, according to a report based on people familiar with discussions inside the administration. The proposal could extend beyond individual chips to products that contain semiconductors, including laptops, gaming… Read More ›
Six months into the Middle East war, financial markets have absorbed a shock that initially appeared capable of triggering a much broader global crisis. The conflict disrupted oil production, restricted shipping through the Strait of Hormuz and damaged energy infrastructure… Read More ›
Meta’s attempt to rebuild its workforce around artificial intelligence has exposed a problem that extends far beyond one company: replacing human work with AI is considerably harder than reducing the number of people doing it. What began as an ambitious… Read More ›
