The US Department of Defence is no longer using Anthropic’s AI tools, an official has told the BBC, months after it designated the company a supply chain risk on national security grounds. The Pentagon “has ceased the use of Anthropic products”, the department official said in a statement on Monday. Secretary of Defence Pete Hegseth … Read more
Director of National Intelligence Jay Clayton was chosen as the Trump administration’s new AI czar, leading its response to artificial intelligence amid growing concerns about the risks of this rapidly evolving technology. Clayton will lead a new White House task force, which will have 120 days to research and report on AI’s risks and opportunities, … Read more
The G7 has announced 100 million barrels of oil and diesel will be released to ease supply concerns that have caused prices to skyrocket. It includes a “substantial release” of diesel within 20 days, with discussions around “additional diesel releases as necessary”, G7 leaders said in a statement. The group of advanced economies, including the … Read more
Donald Trump has said he may ask European countries to release some of their diesel reserves as he mulls a ban on US exports of the fuel amid a global shortage. The comments followed his Treasury Secretary Scott Bessent urging Europe to immediately ready and release such supplies, arguing that US “farmers, truckers, and businesses … Read more
New York — Real estate developers spent millions to stop Zohran Mamdani from becoming New York City’s mayor, claiming his policies would destroy the city. Mamdani wants their help.Mamdani was elected on a platform of rent freezes and government-backed housing, proposing a $100 billion plan during the campaign to create a Vienna-style social housing model. But his … Read more
“I believe the U.S. should offer Europe a major inducement: If it executes meaningful economic and military reforms, including everything that we consider crucial for security and resiliency, the U.S. will negotiate one big, beautiful economic and free-trade agreement with Europe,” Dimon wrote in an opinion piece in the Wall Street Journal published on Monday. … Read more
China said on Saturday it had agreed with the U.S. on a $30 billion reciprocal tariff-reduction arrangement and on launching a dialogue on AI, under an eight-point consensus reached during President Xi Jinping’s visit to Washington. The two sides have also agreed to set up a trade council and extend the outcomes of earlier talks … Read more
LONDON/PARIS, Sept 24 (Reuters) – Britain’s biggest banks have completed the world’s first transactions using tokenised deposits to move money between themselves, a boost for a blockchain-based version of commercial bank money that proponents say offers a safer alternative to stablecoins. Banks and other financial institutions have for more than a decade been looking for … Read more
Federal Petroleum Minister Ali Pervaiz Malik has warned that petrol could cost as much as Rs. 1,000 per litre if a shortage develops in the country. Speaking to the media in Lahore, the minister said there is currently no petrol shortage but prices could rise sharply if supplies become scarce. Ali Pervaiz said oil prices … Read more
