British oil and gas giant Shell faced a stormy shareholders' gathering Tuesday, as environmental protesters hit out over its pledge to tackle carbon emissions.. Campaigners have slammed Shell over its goal to achieve net zero carbon emissions by 2050, accusing it of "greenwashing" or marketing as climate-friendly its operations.
Five years after the EU introduced a mammoth data privacy law to rein in big tech, Ireland's watchdog is its chief enforcer.. And its enforcement is a challenge for Ireland, which has courted big tech with generous tax incentives.
Russian energy deliveries to China were set to grow by 40 percent this year, Deputy Prime Minister Alexander Novak said Tuesday, as Moscow seeks to deepen ties with Beijing in the face of Western sanctions.. Speaking at a Russian-Chinese Business Forum, Novak said energy was a key pillar of cooperation with China, adding that he expected supplies to grow by around 40 percent this year.
The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it expected growth this year, just one month after predicting a contraction.. The news comes after the Bank of England forecast earlier this month that the UK economy would avoid recession this year despite the country's annual inflation stuck above 10 percent.
TikTok is confident of stopping a ban in the US state of Montana, its CEO said on Tuesday, after the Chinese-owned social media app launched a legal challenge.. The video-sharing app, owned by Chinese firm ByteDance, is accused by a swathe of US politicians of being under the tutelage of the Chinese government and a tool of espionage by Beijing, something the company furiously denies. th/kir
Economic growth in the eurozone edged down in May to a three-month low because of a drop in industrial production, according to a closely watched survey published on Tuesday.. Data from the flash Eurozone purchasing managers' index (PMI) survey published by S&P Global fell to 53.3 in May from 54.1 in April.
No employee should be "subject to the will of a machine", European trade union chief Esther Lynch has warned, calling for regulation to ensure humans remain in control as artificial intelligence technology advances at breakneck speed.. In the same way that European Union treaties protect health and safety in the workplace, rules are needed to guarantee "the human-in-control principle" when it comes to AI, Lynch said in an interview ahead of a major gathering of union representatives in Berlin.
France has banned domestic flights for journeys possible in less than two-and-a-half hours by train, under a government decree published Tuesday.. People making such trips should be able to make outbound and return train journeys on the same day, having spent eight hours at their destination.
Optimism that the United States will avert a calamitous default supported equities Tuesday, with President Joe Biden and House Speaker Kevin McCarthy saying they held productive talks on the debt ceiling.. For his part, Biden also described the talks as "productive" but that there were still "areas of disagreement".
Russian Prime Minister Mikhail Mishustin has arrived in China, Moscow's foreign ministry said, for a visit in which he will meet with President Xi Jinping and ink a series of deals on infrastructure and trade.. Mishustin arrived late Monday in Shanghai, the ministry said, where he was greeted at the airport by Moscow's ambassador to China Igor Morgulov and Beijing's top diplomat to Russia Zhang Hanhui.
