Latest News

What are Europe's landmark AI regulations?

FACTBOX-What are Europe's landmark AI regulations? By Foo Yun Chee BRUSSELS, Dec 9 (Reuters) - European Union policymakers and lawmakers clinched a deal on Friday on the world's first comprehensive set of rules regulating the use of artificial intelligence (AI) in tools such as ChatGPT and in biometric surveillance. They will thrash out details in the coming weeks that could alter the final legislation, which is expected to go into force early next year and apply in 2026. Until then, companies a

EU clinches deal on landmark AI Act - reaction

QUOTES-EU clinches deal on landmark AI Act - reaction Adds comment from MEP, association, lawyer STOCKHOLM/LONDON/BRUSSELS, Dec 9 (Reuters) - European Union policymakers on Friday agreed a provisional deal on landmark rules governing the use of artificial intelligence (AI). They include the use by governments of AI in biometric surveillance and how to regulate AI systems such as ChatGPT.

REUTERS SPORTS SCHEDULE AT 2 p.m GMT/ 6 a.m ET

REUTERS SPORTS SCHEDULE AT 2 p.m GMT/ 6 a.m ET Here are the top sports stories and upcoming coverage plans for Reuters text service as of 2 p.m GMT/ 6 a.m ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect . TOP STORIES ALPINE-SKIING-WOMEN Skiing-Shiffrin captures World Cup win 91 in St. Moritz downhill ST MORITZ, Switzerland (Reuters)- American Mikaela Shiffrin claimed a record-extending 91st alpine skiing World Cup victory when she won the downhill at S
A

U.S. is left alone on Gaza issue after veto at Turkey's FM

U.S. is left alone on Gaza issue after veto at UN - Turkey's FM ISTANBUL, Dec 9 (Reuters) - The United States' veto of a proposed United Nations Security Council resolution calling for an immediate humanitarian ceasefire in Gaza was a "complete disappointment," Turkey's ministry of foreign affairs has said. "Our friends once again expressed that America is now alone on this issue, especially in the voting held at the United Nations today," Foreign Minister Hakan Fidan said in an interview with s

Commodities traders pledge at COP28 to protect South American grasslands

Commodities traders pledge at COP28 to protect South American grasslands By Jake Spring DUBAI, Dec 9 (Reuters) - Eight of the world's top commodities traders have pledged to stop buying soy from farms that ruin South American grasslands, adding to previous commitments to shun growers that clear forests, a sector group said on Saturday on the sidelines of the COP28 climate summit .

China says not much chance of success at COP28 without a solution on fossil fuels

UPDATE 1-China says not much chance of success at COP28 without a solution on fossil fuels Adds name of envoy in lead DUBAI, Dec 9 (Reuters) - China's top climate envoy Xie Zhenhua on Staurday said there was little chance the COP28 climate summit would be called a success if nations could not agree to language on the future of fossil fuels. Asked if China supported a fossil fuel "phase out" he referred to the terms used in the 'Sunnylands' agreement reached with the United States last month.

Dutch-led coalition moves to phase out fossil fuel subsidies at COP28

Dutch-led coalition moves to phase out fossil fuel subsidies at COP28 Dozen countries on board, including Canada and France Big fossil fuel subsidy providers U.S., China missing By Gloria Dickie and Kate Abnett DUBAI, Dec 9 (Reuters) - A Dutch-led coalition of a dozen nations committed on Saturday to publish an inventory of their own fossil fuel subsidies within a year, with the aim of creating a clear strategy for eliminating them.

China says not much chance of success at COP28 without a solution on fossil fuels

China says not much chance of success at COP28 without a solution on fossil fuels DUBAI, Dec 9 (Reuters) - China's top climate envoy on Staurday said there was little chance the COP28 climate summit would be called a success if nations could not agree to language on the future of fossil fuels. Asked if China supported a fossil fuel "phase out" he referred to the terms used in the 'Sunnylands' agreement reached with the United States last month.

COP28 must find 'realistic approaches' to reducing emissions - OPEC

COP28 must find 'realistic approaches' to reducing emissions - OPEC DUBAI, Dec 9 (Reuters) - The COP28 climate summit should find "realistic approaches" to reducing emissions that need to involve all "energies" and technologies, OPEC Secretary General Haitham Al Ghais said on Saturday in comments read out by an official. "Ultimately this all-energy, all-people and all-technologies approach needs to be in adherence to the principles of equity and differentiated responsibilities," the official sai

Nationwide power outage in Sri Lanka due to a system failure - government official

Nationwide power outage in Sri Lanka due to a system failure - government official By Uditha Jayasinghe COLOMBO, Dec 9 (Reuters) - Sri Lanka is experiencing a countrywide power outage due to a system failure, a government official said on Saturday. Ceylon Electricity Board (CEB), the country's power monopoly, is working to restore power, CEB spokesperson Noel Priyantha said.

India at COP28 insists on 'equity' in climate talks

India at COP28 insists on 'equity' in climate talks By Gloria Dickie DUBAI, Dec 9 (Reuters) - India's environment minister, Bhupender Yadav, on Saturday demanded "equity and justice" in U.N. climate negotiations, holding that rich countries should be leading global climate action. The comments underlined India's long-held position that, as a developing country, it should not be a forced to cut its energy-related emissions - even as it is the world's third-biggest emitting country after China and

India's Renewables Lender IREDA Launches Retail Division

BRIEF-India's Renewables Lender IREDA Launches Retail Division Dec 9 (Reuters) - Indian Renewable Energy Development Agency Ltd INAR.NS : INDIA'S RENEWABLES LENDER IREDA LAUNCHES RETAIL DIVISION- STATEMENT Source text for Eikon: [ID:] Further company coverage: INAR.NS Reporting by Nidhi Verma

India REC Ltd Signs 200 Mln Euro Loan With German Bank Kfw

BRIEF-India REC Ltd Signs 200 Mln Euro Loan With German Bank Kfw Dec 9 (Reuters) - REC Limited RECM.NS : INDIA REC LTD SIGNS 200 MILLION EURO LOAN WITH GERMAN BANK KFW TO PROPEL POWER DISTRIBUTION SECTOR REFORMS- GOVERNMENT STATEMENT Source text for Eikon: [ID:] Further company coverage: RECM.NS Reporting by Nidhi Verma

Steel shed collapse kills six in southwestern China's Guizhou province

Steel shed collapse kills six in southwestern China's Guizhou province BEIJING, Dec 9 (Reuters) - At least six people were killed and three injured after a steel shed collapse at a building materials plant in southwestern China's Guizhou province on Saturday, state media CCTV reported. Construction was going on when the collapse happened at noon in Xishui county, Guizhou province, CCTV said, adding an investigation was underway.

EU clinches deal on landmark AI Act

QUOTES-EU clinches deal on landmark AI Act Adds Dutch minister comment STOCKHOLM/LONDON, Dec 9 (Reuters) - European Union policymakers on Friday agreed a provisional deal on landmark rules governing the use of artificial intelligence (AI), including governments' use of AI in biometric surveillance and how to regulate AI systems such as ChatGPT. Here are some reaction to the news from key people and experts: Alexandra van Huffelen, Dutch minister of digitalisation: "Dealing with AI means fairly d

EU clinches deal on landmark AI Act

QUOTES-EU clinches deal on landmark AI Act STOCKHOLM/LONDON, Dec 9 (Reuters) - European Union policymakers on Friday agreed a provisional deal on landmark rules governing the use of artificial intelligence, including governments' use of AI in biometric surveillance and how to regulate AI systems such as ChatGPT. Here are some reaction to the news from key people and experts: Daniel Friedlaender, head of CCIA Europe (a non-profit trade association for computer and communications industry): “Las

Russia tries to unfreeze gold reserves for climate funds at COP28

Russia tries to unfreeze gold reserves for climate funds at COP28 DUBAI, Dec 9 (Reuters) - Russia said on Saturday it was looking into whether its frozen gold reserves, taken after Russia invaded Ukraine, could be used to fund the climate damage fund to help developing countries. In what looked like an attempt to try to fulfil Moscow's aim of doing "everything possible" to stop the West from seizing its frozen reserves, Russia's climate envoy said at the COP28 summit the move would help to close

Germany's Scholz confident that budget crisis can be overcome

UPDATE 3-Germany's Scholz confident that budget crisis can be overcome Scholz says talks 'very difficult' but not insurmountable Comments come as 2024 budget negotiations continue Germany must be ready to send more Ukraine aid - Scholz Adds vote in favour of debt brake suspension in paragraph 8 By Andreas Rinke and Christoph Steitz BERLIN/FRANKFURT, Dec 9 (Reuters) - German Chancellor Olaf Scholz said on Saturday he was confident that tough talks with coalition partners to fix the country's 2024

COP28 clashes over fossil fuel phase-out after OPEC pushback

UPDATE 3-COP28 clashes over fossil fuel phase-out after OPEC pushback Some members balk at fossil fuel phase-out inclusion Saudi, Russia push for focus on emissions not fuels Nations most affected by climate change demand its inclusion Adds comments from China, India, and OPEC By Kate Abnett, Valerie Volcovici and Yousef Saba DUBAI, Dec 9 (Reuters) - Countries clashed on Saturday over a proposed agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver a

Philippines condemns China's actions in South China Sea against fishing vessels

UPDATE 2-Philippines condemns China's actions in South China Sea against fishing vessels Water cannon damages Philippine fisheries bureau vessel China took "control measures" on intruding ships -Chinese state media Philippine vessels to launch Christmas gift-giving convoy in South China Sea Adds U.S. condemnation in paragraph 3 and 4 By Neil Jerome Morales MANILA, Dec 9 (Reuters) - The Philippines condemned China's "illegal and aggressive actions" in the South China Sea on Saturday, saying its c



Trade Ideas

SymbolSourceDirection

Market Summary

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.