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UK lawmakers warn against tech giants dominating AI industry

Bloomberg An influential body of UK lawmakers said regulators should stop major tech companies from dominating the field of artificial intelligence, and also warned on the potential of widespread unemployment due to the technology. British antitrust regulators should be mindful that large datasets on which artificial intelligence depends on are not monopolized by a handful of large technology companies, such ...

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UK’s May seeks Commonwealth trade boost

London / Reuters British Prime Minister Theresa May on Monday extolled the benefits of free trade among Commonwealth countries, seeking new sources of commerce as Britain looks to finalise divorce terms with its current biggest trading partner, the European Union. May is looking to win the support of the Commonwealth, a network of mostly former British colonies, for future trade ...

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WPP embarks on a new journey without Sorrell at the helm

London / Reuters WPP, the world’s biggest advertising company, entered uncharted territory on Monday without its founder Martin Sorrell whose departure has left it rudderless at a time of swirling industry change. Shares in the group fell 4 percent after Sorrell, the driving force behind 33 years of dealmaking and relentless expansion, stepped down after the board investigated an allegation ...

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Syria strikes lock US, Russia into new era of animosity

Bloomberg A few weeks ago, Donald Trump invited Vladimir Putin to meet — maybe even at the White House. After US-led missile strikes in Syria, the two nations’ officials can’t get into the same room without insulting each other. Speaking at an emergency session of the United Nations Security Council, hours after the US, France and the UK launched missiles ...

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May agrees to hold Parliament debate on UK attack on Syria

Bloomberg Theresa May has conceded that lawmakers should have a retrospective debate — and possibly a vote — on her decision to take part in the bombing of Syria with the US and France. After the British prime minister and Foreign Secretary Boris Johnson both said that there was no need for such a vote, May’s office said that she ...

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Merkel’s struggle to get Trump’s ear leaves Berlin sidelined

Bloomberg Chancellor Angela Merkel’s attempts to engage President Donald Trump just got harder. Trump lavished praise on the UK and France at the weekend “for their wisdom and the power of their fine Military,” after they joined the US in hitting Syrian targets. All Merkel earned was US criticism for not taking part. “Germany should have joined this P3 group, ...

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‘Morally unfit’ Trump at risk of Russian blackmail

Bloomberg Donald Trump is “morally unfit” to be president, former FBI Director James Comey said in a highly anticipated prime-time interview, adding that he couldn’t rule out the possibility that the Russian government has incriminating information about the president. “I think it’s possible. I don’t know,” Comey said in an interview with ABC News’ Chief Anchor George Stephanopoulos, when asked ...

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China, Japan vow to push North Korea to quit nukes

Bloomberg The foreign ministers of China and Japan agreed to work closely to push North Korea to abandon its nuclear programme, in the latest sign of improved cooperation between Asia’s two largest economies. “To get North Korea to abandon its nuclear weapons and missiles in a complete, irreversible and verifiable way, we agreed we must enforce the relevant Security Council ...

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Greece PM fights challenges

Bloomberg Consider what Greek Prime Minister Alexis Tsipras is up against. As Greece prepares to free itself from an eight-year European bailout, its 43 year-old premier is confronting challenges at home and abroad. On the domestic front: preparations for post-bailout economic life and the first general election since the end of the program, including feuds with both allies and rivals. ...

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