Search results for "IT"

Explainer - What Are e-Fuels, and Can They Help Make Cars CO2-Free?

Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels. The EU law would require all new cars sold from 2035 to have zero CO2 emissions, […]

Salesforce to Add ChatGPT to Slack as Part of OpenAI Partnership

Salesforce Inc said on Tuesday it was working with ChatGPT creator OpenAI to add the chatbot sensation to its collaboration software Slack, as well as bring generative artificial intelligence to its business software generally. The San Francisco-based company said technology it is calling EinsteinGPT would combine its proprietary AI with that of outside partners, including […]

China to Set up New Financial Regulator in Sweeping Reform

China will form a new national financial regulatory body, consolidating oversight and replacing its banking and insurance watchdog as part of a wider government overhaul announced on Tuesday that includes plans for a national data bureau. The financial regulation proposal, presented to China’s parliament during its annual meeting, would bring supervision of the industry, excluding […]

Futures Edge Up ahead of Fed Chair Powell’s Testimony

U.S. stock index futures edged higher on Tuesday, ahead of Federal Reserve Chair Jerome Powell’s testimony before Congress that could shed more light on the central bank’s interest rate hike plans. The benchmark S&P 500 closed higher for a third straight session on Monday, as Treasury yields took a breather from their recent rally that […]

China to Restructure Sci-Tech Ministry to Achieve Self-Reliance Faster

China will restructure its science and technology ministry to channel more resources to achieving important breakthroughs, with the goal of moving faster towards self-reliance, according to a State Council plan submitted to parliament on Tuesday. The restructuring of the central government ministry was included in a reform plan of state institutions that the State Council, […]

Germany Set to Ban China’s Huawei, ZTE from Parts of 5G Networks - Source

Germany plans to ban telecoms operators from using certain components made by Chinese companies Huawei and ZTE in 5G networks, a government source said, in a potentially significant move to address security concerns. The German ban could include components already built into the networks, requiring operators to remove and replace them, Zeit Online had reported […]

China’s Xi Has Mixed Feelings about CATL’s Battery Market Dominance

Chinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world’s largest battery maker – remarks that come at a time when the company is rapidly expanding abroad and moving to undercut domestic rivals. After a presentation by CATL Chairman Zeng Yuqun who described how the firm commands […]

UK to Extend Financial Guarantee for EU Research Applicants

Britain said it would extend until the end of June the financial guarantee it has provided to ensure UK applicants to the Horizon Europe scientific research programme receive funding while negotiations continue on rejoining the scheme. Under a Brexit trade agreement signed at the end of 2020, Britain negotiated access to a range of EU […]