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Turkish Minister Travels to Europe for Foreign Investment
Turkish Finance Minister Mehmet Simsek is going to Europe to talk to international investors about more foreign investments in Turkey. He will attend a meeting in London next week hosted by major banks Citigroup and Bank of America and then…
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Game of Thrones Author and Other Writers File a Complaint Against the Company Behind ChatGPT
George RR Martin, author of the 'Game of Thrones' series, and sixteen other writers have accused the American company OpenAI of using their works to train a computer model 'without permission'.
This artificial intelligence (AI)…
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Bloomberg: Germany Wants to Ban Huawei Parts From Its 5G Network
The German Ministry of the Interior wants to ban core equipment from Chinese companies Huawei and ZTE from the country's 5G network. Bloomberg news agency reports this based on an insider.
According to the source, various…
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Ukraine Goes to WTO Over Agricultural Conflict With EU Countries
Ukraine is taking legal action against three EU member states that continue restricting imports of Ukrainian agricultural products. This concerns Poland, Hungary and Slovakia, Ukrainian trade envoy Taras Kashka told news site POLITICO.…
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TikTok is Fined 345 Million for Lax Protection of Children
TikTok has been fined 345 million euros because the video app has done too little to protect children's privacy. The Irish privacy watchdog imposed this fine, among other things, because videos of children on the platform were automatically…
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China Takes New Measure to Support Economy
The Chinese central bank has announced a new measure to boost the country's ailing economic recovery. This time, the amount of cash banks must hold as reserves is again reduced.
The central bank hopes financial institutions will…
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IEA Warns of Oil Shortage Due to Oil Cartel Restrictions
Reduced oil deliveries from countries such as Saudi Arabia and Russia will create a “significant supply shortage” from October through December. The International Energy Agency (IEA) warns about this in its monthly oil report.
…
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CEO Renault: Car Manufacturers Must Avoid a Price War
Automakers must avoid a price war for electric vehicles. That said, Renault CEO Luca de Meo, in an interview with Bloomberg Television at the IAA auto show in Munich.
"It is important to avoid a price war in the short term," said…
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