Britain expands AI Safety Institute to San Francisco amid scrutiny over regulatory shortcomings (www.cnbc.com)
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level (www.cnbc.com)
Low-cost carrier Ryanair on Monday reported its best-ever annual profit, as passenger and revenue growth offset sharply higher operating costs, but flagged a weaker pricing environment in the current quarter.
China’s biggest chipmaker SMIC warns of ‘fierce’ competition as it misses quarterly profit expectations (www.cnbc.com)
SMIC, China’s biggest contract chip manufacturer, is seen as critical to Beijing’s ambitions of cutting foreign reliance in its domestic semiconductor industry as the U.S. continues to curb China’s tech power. SMIC lags behind Taiwan’s TSMC and South Korea’s Samsung Electronics, according to analysts....
Imports from China to the US are rising at the fastest rate since last fall (www.cnbc.com)
Senior U.S. diplomat links AUKUS submarine pact to Taiwan (www.cnbc.com)
The State Department’s No. 2 diplomat suggested on Wednesday that the AUKUS submarine project between Australia, Britain and the U.S. could help deter any Chinese move against Taiwan....
CNBC: Turkey's opposition stuns in sweeping local elections victory over Erdogan's party (www.cnbc.com)
In a speech Sunday night, Erdogan admitted his party had “lost altitude” and would work to rectify its errors....
U.S. eyes change to military command in Japan as China threat looms: Reuters (www.cnbc.com)
U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida will agree next month to tighter military cooperation, including talks on the biggest potential change to Washington’s East Asia command structure in decades, two sources said....
Huawei spinoff Honor developing a smart ring after Samsung debuts its own wearable (www.cnbc.com)
How Walmart, Delta, Chevron and Starbucks are using AI to monitor employee messages (www.cnbc.com)
Beijing intensifies military pressure on Taiwan as U.S.-China talks resume (www.cnbc.com)
China sent dozens of military aircrafts and naval ships toward Taiwan, some of which crossed over the Taiwan Strait....
Guterres: UN to punish staffers involved in 'terror,' urges UNRWA funding (www.cnbc.com)
United Nations Secretary-General Antonio Guterres vowed on Sunday to hold to account “any U.N. employee involved in acts of terror” after allegations that some refugee agency staffers were involved in the Oct. 7 Hamas attacks on Israel....
United Airlines inspections find loose bolts on several Boeing 737 Max 9 aircraft after grounding (www.cnbc.com)
U.S. payrolls increased by 216,000 in December, much better than expected (www.cnbc.com)
December’s jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000
Turkish inflation climbs to nearly 65%, with more rises expected (www.cnbc.com)
Drugmakers set to raise U.S. prices on at least 500 drugs in January (www.cnbc.com)
Drugmakers including Pfizer, Sanofi and Takeda Pharmaceutical plan to raise prices in the United States on more than 500 unique drugs in early January, according to data analyzed by healthcare research firm 3 Axis Advisors....
Biden administration's Medicare drug price negotiations will face major tests in 2024 (www.cnbc.com)
U.S. patients and drugmakers will get a first glimpse of how much Medicare can negotiate down drug prices in 2024, setting the precedent for a controversial process that may affect what seniors pay for dozens of medications by the end of the decade....
Oil major BP becomes latest to pause Red Sea shipments as Houthi attacks continue (www.cnbc.com)
BP has become the latest firm to pause travel through the Suez Canal following a series of attacks on vessels by Houthi militants from Yemen....
Marcos vows to defend the Philippines' sovereignty amid China's 'aggression and provocations' (www.cnbc.com)
Philippine President Ferdinand Marcos Jr. has vowed to step up the country’s defense of its maritime zones in the South China Sea after Filipino and Chinese vessels collided over the weekend in what Manila has labeled a “serious escalation.”...
Okta hackers stole data on all customer support users in major breach (www.cnbc.com)
Laos is spiraling toward a debt crisis as China looms large (www.cnbc.com)
An alarming debt crisis has unfolded in Laos in recent years, raising worries about the tiny nation’s obligation to its biggest creditor — China....
Three charged with sending Russia electronics for Ukraine war (www.cnbc.com)
Union workers ‘are catching up’ on pay as labor organizing surges (www.cnbc.com)
GM reaches tentative deal with UAW, ending strikes at Detroit automakers after six weeks (www.cnbc.com)
Check out the giant ship critical to building the world's biggest offshore wind farm (www.cnbc.com)
A project to build a facility described as “the world’s largest offshore wind farm” took a big step forward this month by producing its first power....
China’s exports and imports drop again in September (www.cnbc.com)
China reported a smaller-than-expected decline in exports in September from a year ago, while imports missed, according to customs data released Friday....
