Business and Economy

Business and Economy Latest News

Brazil's Petrobras scraps international price peg
Brazil's Petrobras scraps international price peg
by  AFP

Brazilian state-run oil company Petrobras said Tuesday it has ended its policy of pegging fuel prices to the international market, an overhaul promised by President Luiz Inacio Lula da Silva that had initially triggered investor jitters.

Second death of detainee in Venezuela graft probe
Second death of detainee in Venezuela graft probe
by  AFP

A second detainee arrested in a huge anti-corruption investigation in Venezuela has died, the country's attorney general Tarek William Saab said. In April, another detainee committed suicide, according to authorities, but rights groups have demanded an independent investigation into that death. erc-pgf/lab/ial/bc/mlm

OpenAI CEO tells US senators regulation is 'critical'
OpenAI CEO tells US senators regulation is 'critical'
by  AFP

Sam Altman, the chief executive of ChatGPT's OpenAI, told US lawmakers on Tuesday that regulating artificial intelligence was essential, after his chatbot stunned the world. "OpenAI was founded on the belief that artificial intelligence has the potential to improve nearly every aspect of our lives, but also that it creates serious risks," Altman told a Senate judiciary subcommittee hearing.

Energy

Money

Industry

Technology

Economy