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19879 articles published since 08 Mar 2022

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ChatGPT bot passes US law school exam
ChatGPT bot passes US law school exam
Business and Economy

A chatbot powered by reams of data from the internet has passed exams at a US law school after writing essays on topics ranging from constitutional law to taxation and torts. But the bot "often struggled to spot issues when given an open-ended prompt, a core skill on law school exams".

Adani stocks fall in India on fraud, stock manipulation claims
Adani stocks fall in India on fraud, stock manipulation claims
Business and Economy

Asia's richest man Gautam Adani saw his net worth drop six billion dollars on Wednesday after a US investment firm accused him of "brazen stock manipulation and accounting fraud". Hindenburg Research published a report on Tuesday alleging that Adani Group "has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".

Hundreds protest S.Africa energy crisis
Hundreds protest S.Africa energy crisis
Business and Economy

Hundreds of people took to the streets in Johannesburg on Wednesday to protest a prolonged energy crisis causing record power cuts in South Africa. Scheduled blackouts, known as load-shedding, have burdened South Africa for years, with state-owned energy firm Eskom failing to keep pace with demand and maintain its ageing coal power infrastructure.

Microsoft scrambles to fix global outage
Microsoft scrambles to fix global outage
Business and Economy

US tech giant Microsoft said on Wednesday it was working to fix a networking problem that had left users across the world struggling to access tools like Outlook and Teams. "I have a paper in half an hour on MS teams and the servers are not working in India," said one Twitter user, adding: "Please do something."

EasyJet hikes profit forecast on demand boom
EasyJet hikes profit forecast on demand boom
Business and Economy

British airline EasyJet hiked Wednesday its annual profit guidance after record demand and falling quarterly losses, as customers prioritise holidays and shrug off the cost-of-living crisis. Lundgren noted that customers were seeking to "prioritise spending on holidays for the year ahead".

Generation Z finding time for second-hand luxury watches
Generation Z finding time for second-hand luxury watches
Business and Economy

Swiss watches are in high demand these days, but sales of second-hand timepieces are also booming, driven by Generation Z buyers who want luxury goods but are also sustainability-minded. And furthermore, buying certain Swiss luxury watches new is getting harder, as the booming market means longer waiting lists.

Asian markets swing as traders weigh growth outlook
Asian markets swing as traders weigh growth outlook
Business and Economy

Asian markets fluctuated Wednesday as traders in several countries returned from the Lunar New Year break to a soft lead out of Wall Street with recession fears still causing concern. A mixed bag of US earnings reports failed to ease concerns, and there is talk that the gains across markets since the turn of the year may have run too far for now.

Ukraine dismisses key officials in anti-graft purge
Ukraine dismisses key officials in anti-graft purge
Business and Economy

Kyiv on Tuesday announced the dismissal of a dozen top officials in its biggest political shakeup following the country's first major corruption scandal linked to the Russian invasion. Western allies, which have allocated billions of dollars in financial and military aid to Kyiv to counter Russian troops, have often preconditioned such support on anti-corruption reforms.

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