BUSINESS

Microsoft has ditched plans to take up an observer seat on the board of ChatGPT maker OpenAI, according to a letter seen by AFP on Wednesday, as antitrust regulators step up their scrutiny of the artificial intelligence market.

The leaders of Russia, India and China often wax poetic about establishing a "multipolar" world -- though it is far from clear what such a system would entail.

In the central Kosovo town of Gracanica, posters advertising "10 euro return tickets" to Serbia flutter on the walls as ethnic Serbs wearily organise trips across the border to collect their pensions.

Shareholders of Hipgnosis Songs Fund, which in recent years made waves by helping popularize music rights as an asset class, have voted to accept a $1.6 billion takeover from US private equity firm Blackstone, filings showed Tuesday.

Asian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without offering a clear timeframe.

Hungary is raising the hackles of its EU partners with a go-it-alone diplomatic initiative on Ukraine by its prime minister, Viktor Orban, slammed by Brussels as rogue troublemaking.

A union representing tens of thousands of workers at Samsung Electronics in South Korea said Wednesday it would extend a three-day strike indefinitely in a bid to force management to negotiate.

Europe's new Ariane 6 rocket successfully blasted off for the first time on Tuesday, releasing satellites into orbit and restoring the continent's independent access to space.

Meta on Tuesday said it will start removing posts that label Jews "Zionists" and target them for harm.

Disgraced film producer Harvey Weinstein may face new sexual assault charges ahead of his retrial this fall, Manhattan prosecutors said Tuesday.

The National Federation of Independent Business (NFIB) stated on Tuesday that the Small Business Optimism Index climbed by one point, reaching 91.5 last month.

Keir Starmer has made a flurry of ministerial appointments since becoming UK prime minister last week but one name has stood out: new prisons minister James Timpson.

The Walt Disney Company plans to launch a new cruise ship that will be base in Tokyo and is expected to set sail in 2028.

French parties sought to project strength and gather allies on Tuesday, with the government adrift following an election in which no one political force claimed a clear majority.

Moody's has downgraded Kenya's debt rating further into junk territory and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes.

Israel pushed on with a major military offensive in war-ravaged Gaza City on Tuesday that the UN said has once again displaced tens of thousands of Palestinians.

Moody's has downgraded Kenya's debt rating further into junk territory and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes.

More than 5,000 members of the National Samsung Electronic Union stopped working Monday, the organization said, as part of a long-running battle over pay and benefits.

Target explained that the decision is part of its commitment to ensuring a smooth and efficient checkout experience.

In a studio near Los Angeles, a group of filmmakers practice framing a close-up of a rubber gun held by an actor, when they are suddenly interrupted.

A now-deleted video showing K-pop megastar Jennie of BLACKPINK apparently smoking a vape indoors has sparked online outcry, with Seoul's foreign ministry telling AFP Tuesday it had received a formal complaint.

Alec Baldwin's manslaughter trial over the fatal 2021 shooting on the set of a Western movie begins Tuesday, with the selection of a jury who must decide if a "Rust" crew member's death was his fault.

Prime Minister Narendra Modi was set to hold talks with President Vladimir Putin on Tuesday, a day after the Indian leader arrived in Moscow amid global outcry over Russian strikes in Ukraine.

With their president calling into a morning TV show and bashing so-called elites, US voters could be forgiven a sense of deja vu.

US aviation regulators said Monday that thousands of Boeing 737 airplanes would need to be inspected, amid concerns that passenger oxygen masks could fail in emergencies.

The creation of a Sahel confederation on Saturday plunged West Africa into an unprecedented crisis that could threaten the free movement of people and goods in the region.

Here are key dates in the US Department of Justice's ongoing criminal case against Boeing over its 737 MAX airplane, following deadly crashes in 2018 and 2019.

The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street.

Patients taking Eli Lilly's new drug Mounjaro achieved significantly greater weight loss than those on Novo Nordisk's Ozempic, a head-to-head study published Monday showed.