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Asian markets mixed as focus turns to US inflation report
Asian markets mixed as focus turns to US inflation report
Business and Economy
by  AFP

Asian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders struggling to pick up the baton after a record performance on Wall Street. A sense of optimism on Wall Street pushed all three main indexes higher, with the Nasdaq hitting a new record and the S&P 500 coming within a whisker of its own all-time peak.

OpenAI co-founder Ilya Sutskever announces departure
OpenAI co-founder Ilya Sutskever announces departure
Technology
by  AFP

OpenAI co-founder Ilya Sutskever announced his departure Tuesday from the startup that ignited an artificial intelligence tech race with its release of ChatGPT. Sutskever said on X, formerly Twitter, that he was leaving after almost a decade at OpenAI, whose "trajectory has been nothing short of miraculous."

US says Boeing can be prosecuted for 737 MAX crashes
US says Boeing can be prosecuted for 737 MAX crashes
Business and Economy
by  AFP

The US Justice Department on Tuesday said Boeing can be prosecuted for two subsequent 737 Max crashes that killed 346 people approximately five years ago. Such a breach would mean Boeing can be prosecuted for any violation of federal law related to the crashes, according to US justice officials.

More money pledged for flood-stricken Brazil
More money pledged for flood-stricken Brazil
Business and Economy
by  AFP

The BRICS group of nations pledged a billion dollars for storm-ravaged southern Brazil Tuesday as slowly receding floodwaters started to reveal the full extent of the devastation. The bank of the BRICS -- a group including Brazil, Russia, India, China and South Africa -- said Tuesday it would free the equivalent of more than a billion dollars to help the affected state.