Global Trade and Business

Oil prices edged higher on Tuesday as a U.S. government agency projected a rosier outlook on the economy, but bearish data on China’s crude imports and exports weighed. Reuters report. Brent crude futures gained 83 cents to settle at $86.17 a barrel. U.S. West Texas Intermediate crude rose 98 cents to $82.92. Both contracts had […]

The government has begun drawing up contingency plans for the collapse of Thames Water amid growing doubts in Whitehall about the ability of Britain’s biggest water company to service its £14bn debt-pile. Sky New reports Ministers and Ofwat, the industry regulator, have started to hold discussions about the possibility of placing Thames Water into a special […]

The World Bank must use “informed risk-taking” to encourage private investors to get more engaged in helping developing countries deal with climate change and leapfrog fossil-fuel energy sources, its new president Ajay Banga said on Sunday. Reuters reports Banga told CNN’s ‘Fareed Zakaria GPS’ program that efforts now underway to stretch the World Bank’s lending […]

British computer scientist Geoffrey Hinton has left Google with a warning about the potential dangers of artificial intelligence, having spent his entire career driving the technology forward. Let’s takes a look back at his life to find out why he became known as the “Godfather of AI”. From Sky News  “He is considered one of […]