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19879 articles published since 08 Mar 2022

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Meta unveils star-studded AI assistants
Meta unveils star-studded AI assistants
Business and Economy

Meta launched AI chatbots voiced by Hollywood celebrities like John Cena and Judi Dench on Wednesday, betting that its billions of users are eager to embrace artificial intelligence. Like other chatbots, it can suggest recipes from food photos or edit images based on simple user requests.

Unions vow 'bitter resistance' as Volkswagen talks begin
Unions vow 'bitter resistance' as Volkswagen talks begin
Business and Economy

Volkswagen bosses and workers' representatives started crunch talks Wednesday about the ailing German auto titan's drastic cost-cutting plans, with thousands of staff staging a protest and unions vowing "bitter resistance". "Anyone who sows fear and gambles with the future of our colleagues will reap bitter resistance," vowed Groeger.

OECD calls for higher property taxes to fight debt
OECD calls for higher property taxes to fight debt
Business and Economy

The OECD slightly raised its world economic growth forecast for 2024 on Wednesday but called for higher property and environmental taxes to combat soaring debt in many countries. "On the revenue side, efforts to eliminate distortive tax expenditures and enhance revenues from indirect, environmental and property taxes are called for in many countries," the organisation said.

Leftist Sri Lanka leader stuck with painful IMF deal: analysts
Leftist Sri Lanka leader stuck with painful IMF deal: analysts
Business and Economy

Sri Lanka's new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline to his bankrupt country but imposed punishing and unpopular austerity measures, analysts say. - 'Best interest of the country' - Dissanayake's predecessor, Ranil Wickremesinghe, was voted out of office after doubling income taxes and imposing other reviled austerity measures.

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