Media/tech: AI experiments will not rebalance one-sided relationship
The resulting content may be low quality and unoriginal, but it is cheap
Digital Media, Artificial intelligence
West’s love for Shein and Temu drives ecommerce boom for air freighters
Logistics groups see sustained demand for fast delivery of goods from China to western markets
Ecommerce
Brussels setting rules for AI isn’t pretty, but someone’s got to do it
The EU’s new tech regulations are complex but a good-faith effort to fix a problem
Financial & markets regulation, Artificial intelligence
SEC to vote on move to bolster resilience of $26tn Treasury market
Plan to force more trades through central clearing covers fewer hedge fund bets than initially proposed
Financial & markets regulation
Axel Springer strikes landmark deal with OpenAI over access to news titles
German publisher will allow content to be used to train artificial intelligence in ‘first of its kind’ agreement
Digital Media, Artificial intelligence
Bank of Japan weakens yield curve control
Not enough evidence yet to signal an early end to negative interest rates
Central banks
Germany agrees budget deal to plug €17bn hole after debt ruling
Olaf Scholz’s coalition seals 2024 spending plan after approving deep cuts to transport, industry and green projects
Renewable energy
Tesla to fix software in 2mn cars to improve safeguards in Autopilot system
Regulators say monitoring alerts ‘may not be sufficient to prevent driver misuse’
Driverless vehicles, Electric vehicles
Airbnb to pay €576mn settlement in end to tax dispute in Italy
Judge accused the platform of failing to withhold rental income from hosts for levy
Travel & leisure industry
Federal Reserve set to hold interest rates at 22-year high
US central bank expected to say mission to quell inflation is not complete
Central banks