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US commission urges action to counter China's advancements in technology and space

A congressional advisory body urges urgent U.S. action to counter China's rapid advancements in AI, quantum computing, and space technologies, highlighting state-led investments as key drivers. The report calls for prioritizing space competition, developing artificial general intelligence, and reevaluating regulations to foster innovation while addressing threats from China's expanding military capabilities in space.
SpaceNews
Apple Inc. USA CHN
Technology & Innovation, News Article
18:32 19.11.2024

us treasury warns of risks in new cross-border payment systems

A senior US Treasury official has raised concerns about the risks to international financial stability posed by new cross-border payment systems that do not comply with standards to curb illicit activities. This warning follows a recent BRICS communique advocating for an independent payment system to circumvent Western platforms.
Bloomberg.com
United States Dollar BRICS USA Brent Neiman
Finance & Economy, News Article
18:31 19.11.2024

China's dual role in climate action and carbon emissions challenge

China, a leader in solar manufacturing and clean energy, faces a significant challenge as the world's largest carbon dioxide emitter. Despite advancements in renewable energy, the country continues to approve new coal-fired power plants, jeopardizing its goal of achieving carbon neutrality by 2060.
The Economist
United States Dollar LONGi CHN Xi Jinping Show more
Technology & Innovation, News Article
18:26 19.11.2024

Andhra Pradesh approves investments worth Rs 85000 crore to create jobs

The Andhra Pradesh State Investment Promotion Board, led by Chief Minister N Chandrababu Naidu, has approved investments totaling Rs 85,083 crore, projected to create nearly 34,000 jobs. Key projects include an integrated steel plant by ArcelorMittal and Nippon Steels, which will invest Rs 61,780 crore and employ 21,000 people. Other notable investments come from LG Electronics, Kalyani Strategies, Phillips Carbon Black, and Azad India Mobility, contributing to significant job creation in the region.
Moneycontrol
Indian Rupee LG Electronics Phillips Carbon Black Ltd. ArcelorMittal S.A. Nippon Steel Nisshin Co., Ltd. IND Nara Lokesh Chandrababu Naidu Show more
Finance & Economy, News Article
18:25 19.11.2024

global market analysis of natural language processing in healthcare and life sciences

The global NLP in Healthcare and Life Sciences market is analyzed across various components, applications, and deployment modes, focusing on regions including North America, Europe, and Asia Pacific. The report provides insights into market size, growth potential, competitive landscape, and emerging trends, offering a comprehensive view of the industry"s future. Key players and their strategies are highlighted, alongside challenges and opportunities for market expansion.
openPR.com
IBM Corporation Microsoft Corporation 3M India Limited USA GBR AUS ARG KOR CHN IDN BRA IND ITA NLD MEX FRA ESP ZAF SAU RUS JPN DEU COL ARE CAN Show more
Technology & Innovation, Market Report
18:23 19.11.2024

manhattan office building sold for less than debt value

A Manhattan office building backed by Pimco"s Columbia Property Trust and Cannon Hill Capital Partners has been sold for $255 million, approximately 6% less than the value of its debt from Blackstone Mortgage Trust. This sale highlights the ongoing challenges in New York City"s property market.
bloomberg.com
Cannon Hill Capital Partners Savanna Pacific Investment Management Company LLC Columbia Property Trust Inc. Blackstone Mortgage Trust, Inc. USA Show more
Finance & Economy, Market Report
18:20 19.11.2024

ew york congestion pricing faces legal challenges and political opposition

New York"s congestion pricing plan, set to charge most drivers $9 to enter Manhattan"s tolling zone starting January 5, faces a legal challenge from New Jersey, which argues for further federal environmental review. Governor Murphy claims the toll will worsen congestion and pollution in New Jersey, while the MTA anticipates the program will generate $15 billion for transit improvements. The plan"s future hinges on federal approval, which may be complicated by the incoming Trump administration"s opposition to the toll.
Bloomberg.com
United States Dollar INRIX Inc. New Jersey Transit Amtrak Metropolitan Transportation Authority MUNICIPAL USA Kathy Hochul Phil Murphy Donald Trump John McCarthy Leo M. Gordon Show more
Regulatory & Legal, News Article
18:16 19.11.2024

ubs joint ventures invest in sanctioned chinese companies amid controversy

UBS joint ventures have invested approximately CHF 1 billion in two Chinese companies under US sanctions, including Aviation Industry Corporation of China Xi"an and Hikvision. The bank holds 49% and 20% stakes in these firms, which are linked to the Chinese government and have been on the sanctions list since 2021. UBS asserts that these transactions comply with legal regulations.
@letemps
United States Dollar Swiss Franc t m " y i I ) S e s f X : C c { } N u n d ] r U o h A ( v , a k B H p [ CHN USA Show more
TradFi, News Article
18:11 19.11.2024

caisse de depot appoints sharon white as europe head

Quebec’s public pension fund manager, CDPQ, has appointed Sharon White as managing director and head of Europe. White, who recently stepped down as chair of John Lewis Partnership Plc, will assume her new role in January. A spokesperson for CDPQ declined to comment on the appointment.
Bloomberg.com
John Lewis Partnership plc Caisse de Depot et Placement du Quebec CAN Sharon White John Lewis
Finance & Economy, News Article
18:06 19.11.2024

trump nominates howard lutnick for commerce secretary amid cabinet reshuffle

Trump has nominated Howard Lutnick, 63, as Commerce Secretary, following his previous consideration for Treasury Secretary. Lutnick, known for rebuilding Cantor Fitzgerald after the 9/11 attacks, is expected to navigate a portfolio that includes job promotion, economic growth, and key trade agencies. Senator Cynthia Lummis praised his resilience and success, predicting a smooth confirmation process.
POLITICO
Cantor Fitzgerald Cynthia Lummis Howard Lutnick Scott Bessent Show more
Finance & Economy, News Article
18:05 19.11.2024
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