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Airlines eye 'new frontier' of AI ahead of global summit
Airlines eye 'new frontier' of AI ahead of global summit
by  AFP

Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionising the way they do business. AI is "undoubtedly a new frontier, in that it's an extraordinary acceleration of technology and capabilities," said Geoffrey Weston, the head consultant on the airline industry at US-based firm Bain & Company.

ECB to start rate cuts but sticky inflation clouds path ahead
ECB to start rate cuts but sticky inflation clouds path ahead
by  AFP

The European Central Bank is expected to begin cutting eurozone interest rates from historic highs this week, but sticky inflation means the move is unlikely to kickstart a rapid easing cycle. The central bank will also release its own updated forecasts for growth and inflation on Thursday, which will feed into rate-setters' debate about their next move.

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