archiveCIV

Funds

Zelenskiy cancels plan to address US lawmakers, fate of aid in balance

U.S. House Speaker Mike Johnson (R-LA) speaks during a press conference on Capitol Hill in Washington, U.S., November 14, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - Ukrainian President Volodymyr Zelenskiy canceled plans to appeal directly to U.S. lawmakers for new aid on Tuesday, as a partisan battle over immigration policy threatened to derail President Joe Biden's request for billions of dollars for Kyiv's fight against Russia.Republicans and Biden's fellow Democrats in the Senate and House of Representatives have been debating for weeks over Biden's October request...
Economy

Generative AI a stumbling block in EU legislation talks -sources

Technology leaders attend a generative AI (Artificial Intelligence) meeting in San Francisco as the city is trying to position itself as the “AI capital of the world”, in California, U.S., June 29, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSTOCKHOLM/BRUSSELS/LONDON, Dec 1 (Reuters) - EU lawmakers cannot agree on how to regulate systems like ChatGPT, in a threat to landmark legislation aimed at keeping artificial intelligence (AI) in check, six sources told Reuters.As negotiators meet on Friday for crucial discussions ahead of final talks scheduled for Dec. 6, 'foundation models', or...
Banking

EU mulls wider scope for cybersecurity certification scheme – paper

European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Nov 23 (Reuters) - The European Union is considering broadening the scope of proposed cybersecurity labelling rules that would affect not just Amazon (AMZN.O), Alphabet's (GOOGL.O) Google and Microsoft (MSFT.O) but also banks and airlines, according to the latest draft of the rules.The EU move to set up such a system comes as Big Tech looks to the government cloud market to drive growth in the coming years while a...
Investing

Scholz pledges greater investment in Africa’s green energy sector

German Chancellor Olaf Scholz reacts as he presides over the "Compact with Africa" investment summit attended by French President Emmanuel Macron, European Commission President Ursula von der Leyen and African leaders in Berlin, Germany, November 20, 2023. REUTERS/Liesa Johannssen/Pool Acquire Licensing RightsBERLIN, Nov 20 (Reuters) - Germany will invest 4 billion euros in green energy projects in Africa until 2030, Chancellor Olaf Scholz said on Monday, noting these could in turn help Europe's largest economy achieve its own transition to carbon neutrality.Germany will need to import large quantities of green...
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