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Author's articles
Biden, Republican leader clash -- with US economy at stake
President Joe Biden and the new Republican speaker of the House of Representatives, Kevin McCarthy, face off Wednesday at the White House to discuss the US debt standoff -- but so far apart they can't even agree on how to describe their get-together.
Arctic cold 'no sweat' for electric cars in Norway
Norwegian electric car owners have a word for the way they feel when they look nervously at their battery indicators while driving in subfreezing weather: "rekkevideangst", or "range anxiety".
Lebanese villagers try to stem illegal logging scourge
Braving the bitter cold, Lebanese villagers have been patrolling a mountainside in the country's north, trying to protect trees from loggers who roll in under the cover of darkness. Lebanon, whose flag bears a cedar tree, is known for its greenery, with forests covering 13 percent of the Middle Eastern country's territory, according to official data.
Most Asian markets rebound from losses after Wall St rally
Most Asian markets bounced from two days of losses on Wednesday as traders tracked a Wall Street surge fuelled by data pointing to slowing US inflation and hopes the Federal Reserve's rate hike drive is coming to an end. While they indicate the world's top economy is slowing, hope is building that the data will allow the central bank to wind down its rate hikes.
ChatGPT maker fields tool for spotting AI-written text
Creators of a ChatGPT bot causing a stir for its ability to mimic human writing on Tuesday released a tool designed to detect when written works are authored by artificial intelligence. US-based OpenAI said in a blog post Tuesday that its detection tool has been trained "to distinguish between text written by a human and text written by AIs from a variety of providers."
Iraqi PM says banking reforms reveal fraudulent dollar transactions
Iraq's premier said Tuesday that new banking regulations had revealed fraudulent dollar transactions made from his country, as the fresh controls coincide with a drop in the local currency's value. He said the new controls had been planned for two years, in accordance with an agreement between Iraq's central bank and US financial authorities, and deplored previous failures to put them in place.
Snap shares dive on bad quarterly results
Shares in Snapchat's parent company plunged more than 14 percent on Tuesday after it reported a loss in the final three months of last year on seemingly stalled revenue. Facebook's parent Meta and Alphabet-owned Google, lions in the online ad market, are to report earnings this week.
A US corporate scourge deflates the empire of Indian tycoon Adani
Nathan Anderson sees himself as a scourge of corporate manipulation, but some investors and business leaders see short-sellers like him as engaging in tactics more akin to Wall Street gunslinging for profit. Anderson heads the New York-based short-seller Hindenburg Research, which profits as its attacks on Indian business tycoon Gautam Adani gain steam.
Higher costs drag Caterpillar profits lower
Caterpillar reported a drop in profits Tuesday as higher costs and the drag from the strong dollar offset the lift from buoyant demand in industrial markets. Caterpillar is looking for opportunities to pass on higher costs to consumers, while weighing what's feasible.
AFP
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