BLOOMBERG China should play a key role in shaping the artificial intelligence guardrails needed to ensure the safety of transformative new systems, OpenAI Inc’s Chief Executive Officer Sam Altman said. “With the emergence of the increasingly powerful AI systems, the stakes for global cooperation have never been higher,” Altman, whose company kick-started an AI frenzy in China with last year’s ...

BLOOMBERG  Prime Minister Rishi Sunak faces a new electoral challenge after Boris Johnson’s surprise resignation from Parliament triggered at least three by-elections that could highlight softening support for the Conservative Party. Johnson quit after receiving the finding of the Parliament’s Privileges Committee investigation into whether he misled lawmakers over his knowledge of Covid-19 rule breaches by officials. While the findings ...

BLOOMBERG Frasers Group Plc, the retail empire majority owned by tycoon Mike Ashley, has raised its stake in struggling online fashion hub Asos Plc. Already Asos’s third-largest shareholder, Frasers raised its holding to 8.8% from 7.4%, according to a filing. The stake has grown from around 5% in October. Ashley founded Sports Direct four decades ago and built it into ...

BLOOMBERG Japan’s two biggest airlines are in advanced talks to buy aircraft from Airbus SE and Boeing Co, with announcements possible as soon as the Paris Air Show this month, according to people familiar with the matter. All Nippon Airways (ANA) is looking to place orders for as many as 50 Airbus A321neo jets, said the people, who asked not ...

BLOOMBERG KLM will need to defend its ad campaign promoting climate-friendly flying in court over greenwashing allegations after an Amsterdam judge paved the way for a full trial. The Dutch arm of Air France-KLM’s advertisements “breach EU consumer law standards by creating a false impression that its flights do not contribute to the worsening climate emergency,” environmental campaigners Fossielvrij and ...

BLOOMBERG Boeing Co will delay deliveries of its 787 Dreamliner after uncovering a defective part in recent days, a setback as the planemaker works to meet soaring demand for its long-range aircraft. The flaw may affect about 90 already-built Dreamliners that haven’t yet been delivered, Boeing said, as well as a handful of planes on its final assembly line in ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Friday received a phone call from the President of Serbia, Aleksandar Vucic, during which the two leaders discussed various areas of cooperation and joint action within the framework of the strategic partnership between the UAE and Serbia, with the aim of promoting their shared interests. ...

BONN / WAM  Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and President-designate of the Conference of the Parties (COP28), has affirmed that COP28 is determined to ensure that youth voices and ambitions are a focal point of the climate process. Al Jaber made this statement during the first ‘Youth Stocktake’ side event at the Bonn ...

ABU DHABI / WAM The Authority of Social Contribution – Ma’an has launched the 8th Social Incubator programme, Youth for Climate Action, to support social impact startups in developing solutions to environmental challenges. Aligning internationally with goal 13 – Climate Change of UN Sustainable Development Goals, and locally with the vision of the Year of Sustainability, UAE Net Zero, first ...

ABU DHABI / WAM The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) has embarked on a significant initiative to install “Zadna Rating” stickers on the exteriors of 6,900 food establishments across the emirate of Abu Dhabi. These stickers enable the public to conveniently access the assessment of food safety levels in establishments by scanning the QR code printed on ...