AFP
13876 articles published since 08 Mar 2022
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After Hollywood strike, Broadway staves off industrial action
A tentative agreement was reached in New York Thursday to avert a strike that threatened to shut most Broadway shows, as Hollywood remains on hold over historic industrial action. The strike threat came as the first industry-wide walkout in more than 60 years has effectively shut down Hollywood, America's giant movie and television business.
Google testing AI news writing tool
Google is working with news publishers to design a new AI-backed tool to help journalists report and write their stories, the company said on Thursday. A Google spokeswoman said in a statement that "in partnership with news publishers, especially smaller publishers, we're in the earliest stages of exploring ideas to potentially provide AI-enabled tools to help their journalists with their work."
Uncertain outlook weighs on American Airlines shares despite blowout Q2
American Airlines reported blowout second-quarter earnings on Thursday on strong demand and lower jet fuel prices, but shares still tumbled on disappointment with the company's outlook. Results were boosted by a retreat in jet fuel prices, which were down 35 percent from the year-ago level.
Brazil's Embraer to start building flying taxis
Brazilian aeronautics company Embraer and its urban mobility subsidiary Eve said Thursday they would build a factory near Sao Paolo to manufacture flying taxis that could take off as soon as 2026.
Amazon expands pay-by-palm service in US grocery stores
Customers shopping at Amazon's US-based Whole Foods grocery stores will be able to pay for items by hovering their palm over a scanner, much like shoppers already do with smartphones or credit cards. The service can also be found in several entertainment venues and airport shops, and is also being tested in some Starbucks cafes.
Turkey hikes interest rates but disappoints markets
Turkey's central bank hiked its main interest rate for the second month in a row on Thursday but analysts said the unwinding of President Recep Tayyip Erdogan's unconventional policy was too timid to tame inflation. But the two hikes have disappointed analysts. who had forecast a five-point hike for Thursday.
'No way out': Ukraine farmers lament collapse of grain deal
Vitaliy Bylenko looked ruefully at the mountains of grain in his barn, contemplating the growing obstacles to shifting the stockpiles after Russia this week exited a deal allowing Black Sea exports. Ukraine officials accused Russia of obstructing the deal in recent months, and Bylenko said so few ships were arriving at Ukrainian ports to export grain he was already using alternate routes.
Chip giant AMD says AI to be 'mega-trend' for computing world
AI will be the "defining mega-trend" for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world's semiconductors powering the technology is produced. As a chip design foundry, AMD outsources the production of their microchip designs to Taiwan Semiconductor Manufacturing Company (TSMC), which is headquartered in Hsinchu.
EasyJet says to land record profits despite disruption
British airline EasyJet on Thursday said it expected record pre-tax profits during the current peak summer season despite strike action by air traffic controllers and other disruptions. EasyJet, which flies mainly throughout Europe, recently cancelled about 1,700 flights for the summer season owing to air traffic control disruption.
AFP
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