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OpenAI number two Simo steps down to focus on health

Top Silicon Valley executive Fidji Simo announced Wednesday she is leaving her full-time role at OpenAI to go part-time as an advisor and focus on recovery from a chronic illness.

Chip titan SK hynix to raise $26.5 bn in blockbuster US listing

South Korean chip giant SK hynix on Friday priced its mega US listing at $149 per share, raising around $26.5 billion in what will be the world's second largest stock sale after SpaceX.

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Electric vehicles are key battleground at Shanghai Auto Show

China was the road to the future for foreign brands at the Shanghai Auto Show on Tuesday who are racing to catch up with Chinese competitors in the crucial electric vehicle market.

Erdogan's chief rival defends Kurds ahead of vote

President Recep Tayyip Erdogan's chief rival in next month's election defended Kurdish rights on Tuesday and accused the Turkish leader of inflating ethnic tensions for political gain.

China's economy rebounds after zero-Covid scrapped

China's economy grew much better than expected in the first three months of the year as the country reopened after the end of zero-Covid measures, official data showed Tuesday.

Apple opens first India store in market push

Apple opened its first retail store in India on Tuesday, underscoring the US tech titan's increasing focus on the South Asian nation as a key sales market and alternative manufacturing hub to China.

Can music festivals actually go green?

Coachella brings adrenaline-fueled sets to hundreds of thousands of festival-goers who gather in the California desert -- and it also leaves behind a lot of trash.

Musk says he is out to create 'truth-seeking' AI

Elon Musk is out to counter Microsoft and Google artificial intelligence efforts with "truth-seeking AI" that shuns political correctness, he said during an interview aired late Monday.

China GDP jumps 4.5% in Q1 after zero-Covid scrapped

China's economy grew 4.5 percent year-on-year in the first quarter, rebounding after the end of zero-Covid measures late last year, official data showed Tuesday.

Canada public broadcaster CBC quits Twitter over 'government-funded' label

Canada's public broadcaster CBC and its French-language version Radio-Canada said Monday they were effectively quitting Twitter over a new "government-funded" label it says questions its editorial independence.

Macron defends pension reform, 'regrets' no consensus

President Emmanuel Macron on Monday staunchly defended his widely unpopular pension reform but said he regretted that no consensus had been found on the change.

Conexion Divina, the Gen Z band contemporizing 'regional Mexican'

As is the norm for people their age, the members of Generation Z's first all-female sierreno group met online, sliding into each other's DMs in the hopes of making music.

Rate-hike fears keep stocks rangebound

European and US stocks moved little Monday as investors awaited more company earnings and worried that central banks may keep raising interest rates for longer than expected.

Hope special glasses can slow surging myopia in children

Two years ago, Paul's teacher noticed that the 10-year-old boy could no longer see anything on the board at the front of the class.

Top Republican says US House won't raise debt limit without spending cuts

Republican leader Kevin McCarthy vowed Monday that the US House would not approve a "no-strings attached" debt limit increase, adopting a hard line ahead of budget negotiations with President Joe Biden.

French court acquits Air France, Airbus over 2009 Rio-Paris crash

Air France and plane manufacturer Airbus were acquitted Monday over the 2009 crash of a Rio-Paris flight after a French court ruled their errors could not be proven as the disaster's cause.

Stocks mixed, dollar firms as rate-hike fears resurface

Stock markets traded mixed Monday as last week's optimism gave way to renewed worries that central banks may have to wait longer than expected to end their policy of raising interest rates.

The major players in gaming industry

Video game companies are fighting it out for a slice of an industry worth an estimated $300 billion, with a series of acquisitions leaving four giants and a clutch of feisty independents.

Sega to buy Angry Birds maker Rovio

Japanese gaming group Sega has offered to buy the creator of the popular Angry Birds franchise, Finland's Rovio, in a deal worth more than 700 million euros ($770 million), the companies said Monday.

Macron to address France after 'Pyrrhic' pensions victory

President Emmanuel Macron is on Monday to address France for the first time since signing into law his controversial pension reform, facing warnings the political and social crisis sparked by the changes is not over.

French court to deliver verdict in trial over 2009 Rio-Paris crash

A Paris court will on Monday hand down its verdict in the trial of Air France and plane manufacturer Airbus over the 2009 crash of a Rio-Paris flight, with families of the victims hoping judges will ignore the recommendation of prosecutors not to seek a conviction.

Yellen says sanctions may risk hegemony of US dollar

Economic sanctions imposed on Russia and other countries by the United States put the dollar's dominance at risk as targeted nations seek out an alternative, Treasury Secretary Janet Yellen said Sunday.

Europe's largest nuclear reactor enters service in Finland

Hours after Germany closed out its atomic era by turning off its last three nuclear reactors, the largest single reactor in Europe entered regular production in Finland, its operator said Sunday.

UK nurses prepared to strike until Christmas: union leader

Nurses in Britain are prepared to strike until Christmas if they cannot reach a deal with the government on pay, the leader of the country's main nursing union said on Sunday.

Saudi Arabia transfers more Aramco oil shares to wealth fund

Saudi Arabia has put a second four-percent chunk of shares of the Aramco energy giant, worth tens of billions of dollars, under the control of the country's sovereign wealth fund, state media said Sunday.

Brazil's Lula raises Russia war mediation with China, UAE

Brazil's president on Sunday said he had discussed joint mediation for Russia's war in Ukraine with China and the United Arab Emirates, accusing the United States and Europe of prolonging the conflict.

China's economy expected to rebound as zero-Covid era fades

China is expected to announce an economic rebound on Tuesday, when Beijing releases its first quarterly GDP figures since abolishing growth-sapping Covid restrictions late last year.

Renters despair over cut-throat London market

With soaring rent prices and cut-throat competition, Cyndi Cheng, 34, thought she would never find a place to rent in London after moving from Hong Kong earlier this year.

Microsoft's bid to buy games giant faces triple anti-trust threat

Depending on which side you're on, tech giant Microsoft is either the hero fighting to bring some of the most popular video games to more people, or the villain on the brink of killing competition in the sector.

Belgium's Angele delivers French lesson with Coachella set

She's been a star of the francophone pop universe for years now, but Angele has started making a splash stateside, nabbing a primetime performance slot at this weekend's Coachella festival.

Macron signs France pension law despite protests

French President Emmanuel Macron signed his controversial pension reform into law Saturday, prompting accusations from unions and the left he was showing "contempt" towards those behind a three-month protest movement.

Macron's pensions reform enacted into law as unions remain defiant

French President Emmanuel Macron's pensions reform was officially promulgated into law on Saturday following approval from the constitutional court, as unions vow to oppose the controversial changes including raising the retirement age from 62 to 64.

Montana lawmakers vote to ban TikTok in US state

Lawmakers from the western US state of Montana voted Friday to impose a total ban on TikTok setting up a legal fight over accusations that the popular app is a tool of the Chinese Communist Party.

US Supreme Court hits pause on abortion pill ban

The US Supreme Court on Friday temporarily preserved access to a widely used abortion pill, in an 11th-hour ruling preventing lower court restrictions on the drug from coming into force.

Volkswacht Bodensee - Economy (English)