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Extreme rains hit India's premier Darjeeling tea estates
Extreme rains hit India's premier Darjeeling tea estates
by  AFP

Torrential rains that triggered deadly landslides and floods in India's Darjeeling region also destroyed swathes of premier tea estates, officials said Tuesday. Landslides destroyed more than 500 houses, forcing hundreds into temporary shelters, while tourists trapped by floodwaters were rescued by earthmovers, officials said.

EU channels Trump with tariffs to shield steel sector
EU channels Trump with tariffs to shield steel sector
by  AFP

The European Union will take a page out of US President Donald Trump's tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel -- to protect the bloc's struggling industry from cheap Chinese competition.

Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble
Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble
by  AFP

The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but rather represent today's "new normal" to meet skyrocketing user demand, Fidji Simo, OpenAI's de facto number two, said on Monday. - Is the AI investment frenzy a bubble right now?

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