China has emerged as the leading market for generative AI usage, according to a recent global study conducted by SAS and Coleman Parkes Research. Generative AI is a subfield of artificial intelligence focused on the creation of entirely new content. These AI models can process a wide variety of inputs,…
Nornickel and Chinalco (SHA:601600) subsidiary China Copper are considering a joint venture, sources familiar with the matter told Reuters. The move would let Nornickel relocate its copper smelting operation to China amidst London Metal Exchange (LME) restrictions on Russian metals that began in April. The company currently stores a significant…
Copper miners with productive assets have much to gain as supply and demand tighten. The copper price hit a new all-time high of US$10,954 per metric ton (MT) on the London Metal Exchange and US$5.20 per pound on the COMEX on May 20 on the back of increasing demand and…
CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company advancing sustainable lithium projects in Chile, comments on the Chilean Government’s announcement yesterday on the ‘Expressions of Interest’ (‘RFI’), which is part of the process towards award of a Special Lithium Operating Contract (‘CEOL’) required to develop lithium projects…
UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of a broader restructuring, the company said in filing with the SEC on Tuesday. Most of the layoffs will be implemented by the end of the first quarter of fiscal 2026, the company said.…
The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to companies around the world has attracted attention from another corner: U.S. cybersecurity firms and national security experts who warn of the potential for a company with…
Millions flock to Barcelona every year to enjoy a sweet taste of idyllic European life. But over the weekend, thousands of locals marched through the streets and sprayed visitors with water guns in outrage over mass tourism. Protesters were seen clapping and chanting, “Tourists go home!” and carrying signs with…
When Etsy launched almost two decades ago, the site attracted artisans and craft makers, who finally had a place online where they could sell their niche products and reach a large audience. But in recent years, Etsy has found itself overrun with mass-produced, generic items from resellers who have learned how to…
Employment scams surged last year, as criminals leveraged artificial intelligence to steal money and personal information from unsuspecting job seekers, experts said. Consumer reports of job scams jumped 118% in 2023 from the prior year, according to a recent report by the Identity Theft Resource Center. Thieves generally pose as recruiters and post fake job listings…
The S&P 500 and Nasdaq closed at record highs on Monday as investors await key inflation data to provide further clues about whether this year’s market rally is sustainable. Earnings from some major financial giants and consumer companies are also on the docket. The broad market index ended the day up 0.1%…