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Taiwan detects first cases of swine fever
Taiwan detects first cases of swine fever
Business and Economy
by  AFP

Taiwan has culled dozens of pigs after detecting its first cases of African swine fever, with the agriculture ministry saying Thursday no other infections have been detected elsewhere on the island. Samples of dead pigs at a farm in Wuqi district tested positive for swine fever this month and 195 pigs have been culled, the ministry said Wednesday.

Crude spikes as Trump threatens Russian giants, stocks turn lower
Crude spikes as Trump threatens Russian giants, stocks turn lower
Business and Economy
by  AFP

Crude prices spiked more than two percent Thursday after Donald Trump said he would hit two Russian oil companies with hefty sanctions, while talk that the White House was planning curbs on software exports to China added to gloom on markets. Trump decided on the sanctions after plans for a fresh summit with Putin in Budapest collapsed this week.

Amazon uses AI to make robots better warehouse workers
Amazon uses AI to make robots better warehouse workers
Business and Economy
by  AFP

Amazon on Wednesday said it is speeding up the automation of its warehouses with the help of artificial intelligence and robotics, raising questions about the future of human workers. Automation of Amazon warehouses could cut the need to hire, particularly when it comes to temporary workers needed for peak holiday shopping demands.

Meta to cut 600 jobs in artificial intelligence: reports
Meta to cut 600 jobs in artificial intelligence: reports
Business and Economy
by  AFP

Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday. The job cuts will not affect the TBD Lab, an operation established by Meta CEO Mark Zuckerberg, according to reports in the Wall Street Journal, the New York Times and other publications.

Tesla profits tumble on higher costs, tariff drag
Tesla profits tumble on higher costs, tariff drag
Business and Economy
by  AFP

Tesla reported a hefty drop in profits Wednesday, citing a drag from tariffs and other expenses that more than offset a lift from increased auto sales. Besides tariffs, the company's earnings press release cited higher restructuring expenses and lower revenues from regulatory credits as factors in the profits, which lagged behind analyst expectations.