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reuters.com

In U.S.-China AI contest, the race is on to deploy killer robots (www.reuters.com)

Alongside Sydney Harbour, engineers are working on a submarine that will be powered by artificial intelligence and will have no human crew. The project is being driven by a contest between the U.S., its allies and China to develop AI-controlled weapons that will operate autonomously, including warships and fighter jets. The...

China's state banks seen selling dollars for yuan in London and New York hours (www.reuters.com)

China’s major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to slow the yuan’s depreciation.

US Supreme Court to scrutinize Purdue Pharma bankruptcy settlement (www.reuters.com)

The court also paused bankruptcy proceedings concerning Purdue and its affiliates and said in a brief order that it would hold oral arguments in December in the administration’s appeal of a lower court’s ruling upholding the settlement. The court’s new term begins in October.

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