Argentine President Milei warns economic shock unavoidable in maiden speech

Argentine President Milei warns economic shock unavoidable in maiden speech

BUENOS AIRES, Dec 10 (Reuters) – Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to a sharp, painful fiscal shock to fix the country’s worst economic crisis in decades, with inflation heading towards 200%. “There is no alternative to a shock adjustment,” he said … Read more

Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

[1/2]Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. REUTERS/Julia Nikhinson/File Photo Acquire Licensing Rights Nov 22 (Reuters) – Ahead of OpenAI CEO Sam Altman’s four … Read more

GM’s Cruise robo-taxi CEO resigns from company

GM’s Cruise robo-taxi CEO resigns from company

Kyle Vogt, chief technology officer, president & co-founder of Cruise, a Honda and General Motors self-driving car partnership, speaks on stage at the launch of the Cruise Origin autonomous vehicle in San Francisco, California, U.S. January 21, 2020. REUTERS/Stephen Lam/File Photo Acquire Licensing Rights Nov 19 – The CEO of General Motors’ robot-taxi unit Cruise, … Read more

Ousted OpenAI CEO Altman planning new AI venture, sources say

Ousted OpenAI CEO Altman planning new AI venture, sources say

Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing Rights Nov 18 (Reuters) – Sam Altman, the recently ousted CEO of OpenAI, has been working on a new artificial intelligence venture he is planning to … Read more

In very rare move, Pope dismisses conservative US bishop Strickland

In very rare move, Pope dismisses conservative US bishop Strickland

Pope Francis presides over the closing Mass at the end of the Synod of Bishops in Saint Peter’s Basilica at the Vatican, October 29, 2023. Vatican Media/­Handout via REUTERS Acquire Licensing Rights VATICAN CITY, Nov 11 (Reuters) – Pope Francis has dismissed Bishop Joseph E. Strickland of Tyler, Texas, one of his fiercest critics among … Read more

Portugal’s PM Costa resigns over corruption investigation

Portugal’s PM Costa resigns over corruption investigation

LISBON, Nov 7 (Reuters) – Portugal’s Prime Minister Antonio Costa resigned on Tuesday amid an investigation into alleged irregularities committed by his majority Socialist administration in handling lithium mining and hydrogen projects in the country. Costa announced the decision in a televised statement after meeting President Marcelo Rebelo de Sousa. He said he conscience was … Read more

Polish president gives nationalists first shot at government

Polish president gives nationalists first shot at government

[1/2]Polish President Andrzej Duda meets with Polish Prime Minister Mateusz Morawiecki and Deputy Speaker of the Parliament Ryszard Terlecki, both from Law and Justice, during consultations with the leaders of the two main parties in the newly elected parliament, Law and Justice and Civic Platform, at… Acquire Licensing Rights Read more WARSAW, Nov 6 (Reuters) … Read more

Morgan Stanley’s Ted Pick to take helm as CEO from James Gorman

Morgan Stanley’s Ted Pick to take helm as CEO from James Gorman

Oct 25 (Reuters) – Morgan Stanley’s (MS.N) Ted Pick won the race to succeed long-time CEO James Gorman and on Wednesday promised to stick to the blue chip Wall Street firm’s strategy as it navigates a deal-making slump and uncertain economic outlook. The investment bank said Gorman, who has held the top job since 2010 … Read more