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Country Garden gets 'near-term reprieve' after bondholders agree to extend debt payment
Country Garden gets 'near-term reprieve' after bondholders agree to extend debt payment
Investors in embattled Chinese property giant Country Garden are breathing a collective sigh of relief Monday, after it reportedly won approval from creditors to extend a major bond payment to avoid default, in a development that analysts say will give the firm some badly needed respite.
2023-09-04 14:51
Bosch expects sales in core mobility division to grow 10% in 2023
Bosch expects sales in core mobility division to grow 10% in 2023
FRANKFURT Bosch, the world's top automotive supplier, expects sales at its mobility business division to grow by 10%
2023-09-04 14:50
Renault CEO: China very competitive on electric vehicles, Europe needs to catch up
Renault CEO: China very competitive on electric vehicles, Europe needs to catch up
PARIS Renault's chief executive Luca de Meo said on Monday that China was 'very competitive' in terms of
2023-09-04 14:49
China’s ‘government-approved’ AI chatbot says Taiwan invasion is likely
China’s ‘government-approved’ AI chatbot says Taiwan invasion is likely
A military takeover of Taiwan is likely, according to one of many Chinese government-approved artificial intelligencechatbots that seem to toe the ruling Communist Party’s official line. The island nation has been a self-governing democracy since its separation from the mainland following a civil war in 1949, but China has claimed it as part of its national territory. The chatbots have dubbed Taiwan an inseparable part of China. The Chinese government recently approved a number of AI chatbots for use in the country, including a bot named Ernie and developed by tech giant Baidu and TikTok owner ByteDance’s Doubao. When Bloomberg tested some of these AI services for how government oversight affected the accuracy of information provided by these chatbots, it found they appeared to be trained to follow the ruling Communist Party’s line. When asked whether Taiwan is a country, all the tested chatbots reportedly said the self-governed island was a part of China, and Baidu’s Ernie chatbot reportedly said a Chinese military takeover of Taiwan is likely. The Zhipu chatbot described China’s current economic situation, which experts said is at one of its weakest points in recent decades, to be “a mix of joys and sorrows”, reported Bloomberg. Another chatbot, SenseTime, reportedly described the economy as “very stable”. When asked to respond queries that may be deemed “sensitive content”, the Ernie bot was found to “change the subject”, while Zhipu would delete its response if it found it to be “controversial”, according to the report. Such generative AI tools are trained by analysing large quantities of data to respond to user queries with unique human-like replies. For instance, OpenAI’s ChatGPT has demonstrated a wide range of abilities, from summarising complex research, answering logical questions and also cracking business and medical school exams deemed crucial for students to pass. A number of Chinese companies have sought to build their own version of AI chatbots, prompting China’s cyberspace regulator to release ground rules for companies developing generative AI services. But prior to the launch of these chatbots, the Chinese government made several months-long efforts to regulate the generative AI industry. Some of the proposed rules have sought to ensure the content of Chinese AI systems reflect “socialist core values” and avoid information undermining “state power” or “national unity”. Baidu’s launch of Ernie for full public use on Thursday led to the company’s stock price rising by over 3 per cent following the announcement. Other AI firms such as Baichuan and Zhipu AI also launched their ChatGPT-like large language models on Thursday. The ruling Communist Party issued regulations on 15 August that required tech companies to carry out a security review of their chatbots, and obtain approvals before their products are publicly launched. It also requires companies providing such AI services to comply with government data requests, regulations which are currently absent in the US. Read More China's Baidu makes AI chatbot Ernie Bot publicly available Need to know about live-saving CPR? A new study says it's probably wise not to ask Alexa or Siri AI can write better university assignments than students, report suggests India’s moon rover finds sulphur and several other elements near lunar south pole Russian cyber-attacks ‘relentless’ as threat of WW3 grows, expert warns How new bike technology could help cyclists tell drivers not to crash into them
2023-09-04 14:48
Help! Global search launched for Paul McCartney's missing violin bass
Help! Global search launched for Paul McCartney's missing violin bass
It's been billed as an attempt to solve one of Rock and Roll's great mysteries.
2023-09-04 14:45
Dillon Danis could be Logan Paul's best man at his wedding to Nina Adgal if YouTuber loses to MMA star
Dillon Danis could be Logan Paul's best man at his wedding to Nina Adgal if YouTuber loses to MMA star
Dillon Danis issued a wager challenge to Logan Paul in a tweet
2023-09-04 14:29
Exclusive-Egypt buys nearly half a million tons of Russian wheat in private deal
Exclusive-Egypt buys nearly half a million tons of Russian wheat in private deal
By Sarah El Safty and Michael Hogan CAIRO Egypt's state grains buyer bought about a half a million
2023-09-04 14:27
Stephon Ford: Georgia teenager shot dead by police after killing K-9 Waro and pointing gun at officers
Stephon Ford: Georgia teenager shot dead by police after killing K-9 Waro and pointing gun at officers
Stephon Ford fatally shot the two-year-old male German shepherd K-9 during a police chase after he was found with drug paraphernalia and weapons
2023-09-04 14:26
German exports down in July
German exports down in July
BERLIN German exports fell in July as global demand continues to falter, data from the federal statistics office
2023-09-04 14:25
Ukraine-Russia war – live: Zelensky sacks defence minister as Putin strikes Kyiv’s grain exporting port
Ukraine-Russia war – live: Zelensky sacks defence minister as Putin strikes Kyiv’s grain exporting port
Volodymyr Zelensky said he has decided to dismiss his war-time defence minister Oleksii Reznikov and would ask parliament this week to replace him with Rustem Umerov, head of Ukraine’s main privatisation fund. “I’ve decided to replace the Minister of Defence of Ukraine. Oleksii Reznikov has been through more than 550 days of full-scale war,” he said, adding that he “believes the ministry needs new approaches and other formats of interaction with both the military and society as a whole”. The exit of lawyer-turned-politician Reznikov marks the biggest shakeup of Ukraine’s defence establishment during the war launched by Russia in February 2022. While he secured billions of dollars of Western military aid to help the war effort, Reznikov has been dogged by graft allegations surrounding his ministry that he described as smears. This comes as Russia launched a major drone strike on Ukraine’s grain exporting port in Odesa region this morning. The three and a half hour long drone assault damaged warehouses and set buildings on fire just hours before Vladimir Putin and his Turkish counterpart, Tayyip Erdogan, were due to hold talks on the halted grain deal. Read More President Zelensky nominates Rustem Umerov as Ukraine’s new defence minister Russian cyber-attacks ‘relentless’ as threat of WW3 grows, expert warns Ukraine ‘targets critical bridge’ built by Putin as counteroffensive ‘breaks through on southern front’
2023-09-04 14:23
Football rumours: Door not closed on Joao Palhinha’s Bayern Munich move
Football rumours: Door not closed on Joao Palhinha’s Bayern Munich move
What the papers say The now-closed transfer window may have left Fulham midfielder Joao Palhinha with the crumbled wreck of a failed deal with Bayern Munich, but, according to the Daily Mail, there is still room for a deal to be done eventually. Meanwhile, Atletico Madrid winger Yannick Carrasco seems likely to ditch Europe after a juicy offer from Saudi Arabia. As per the Daily Star, Saudi pro League club Al Shabab is to offer the 30-year-old £12.8million to sign on before the Saudi trade window closes. Across the pond , Wayne Rooney looks like he could soon be parting ways with DC United after the US club left him on read when he tried to kick off negotiations for a new contract, the Daily Mail reports. Social media round-up Players to watch Sergio Ramos: ESPN reports the 37-year-old defender is closing in on a deal to return to Sevilla. He has been a free agent since July, when his Paris St Germain contract expired. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-04 14:22
Juniper Research: Network Tokenisation to Facilitate 85% of All Global eCommerce Transactions by 2028
Juniper Research: Network Tokenisation to Facilitate 85% of All Global eCommerce Transactions by 2028
BASINGSTOKE, England--(BUSINESS WIRE)--Sep 4, 2023--
2023-09-04 14:21
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