Portugal Colonial

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OpenAI begins rollout of new powerful AI model GPT-6 Astra

ChatGPT maker OpenAI said Thursday it would begin rolling out its newest and most powerful artificial intelligence (AI) model to select customers, saying it had built in safeguards to mitigate security risks.

Apple faces £2 bn lawsuit in UK over app privacy feature

Apple faces a £2 billion ($2.7 billion) lawsuit brought by UK app developers who accused Thursday the US tech giant of giving its own advertising services an unfair advantage by imposing tougher privacy rules on third parties.

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Markets mixed on hopes Fed will take foot off pedal

World stocks were mixed on Monday before a key Federal Reserve policy meeting later in the week, with investors hoping for a less hawkish tilt in plans for interest rate hikes.

Italy surprise GDP jump comes as new PM Meloni prepares budget

Italy posted better-than-expected quarterly growth on Monday, a surprise bump for new Prime Minister Giorgia Meloni that staves off -- for now -- an expected recession in Europe's third-largest economy.

Deal complete, Twitter-Musk litigants ask judge to dismiss suit

Attorneys in the saga over Elon Musk's Twitter takeover have asked a Delaware court to dismiss the litigation following the deal's closure, according to court documents released Monday.

Arrests after India bridge collapse kills more than 130

Nine people were arrested Monday in connection with the collapse of a pedestrian bridge in western India that killed at least 137 people, police said.

Bankrupt Sri Lanka's inflation dips to 66 percent

Inflation in crisis-hit Sri Lanka dipped marginally for the first time in 12 months but prices were still an eye-watering 66 percent higher than a year ago, official data showed Monday.

'Sharp' global labour market slowdown underway: UN

The war raging in Ukraine and other overlapping crises are taking a toll on labour markets worldwide, the UN said Monday, suggesting a "sharp" slowdown was already underway.

Gas crisis fears recede for now as Europe stockpiles

With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe have eased but experts are warning against complacency.

Japan govt spent $43 bn to bolster yen in October

Japan's finance ministry said Monday it spent $43 billion in October to bolster the value of the yen, which has tumbled against the dollar this year to lows not seen since the 1990s.

French govt slams 'eco-terrorism' as water protesters dig in

French protesters on Monday defied a massive police presence to try to stop an agriculture water storage project, as the government vowed to prevent any encampment and denounced "eco-terrorism".

Muay Thai's Olympic quest slowed by safety concerns

The ancient combat sport of Muay Thai has set its sights on Olympic glory, but a recent death has highlighted safety concerns that could slow its path to a Games debut.

India bridge collapse kills more than 130

At least 132 people died in India when a colonial-era pedestrian bridge packed with revellers collapsed into the river below, police said Monday.

In verdant Vorarlberg, architecture draws inspiration from nature

Austria's verdant Vorarlberg region is a pioneer in sustainable design, attracting legions of architects and curious visitors who draw inspiration from its breathtaking buildings.

Stellantis China Jeep joint venture to file for bankruptcy

A Chinese joint venture producing Jeep SUVs for Stellantis will file for bankruptcy, the European carmaker said Monday, after its chief executive complained earlier this month political tensions with the West were affecting the business environment.

India bridge collapse kills 132

At least 132 people died in India when a colonial-era pedestrian bridge overloaded with religious revellers collapsed into the river below, police said Monday.

Hong Kong to explore legalising crypto for retail investors

Hong Kong is "back in business" and exploring whether to legalise crypto trading by retail investors, the city’s finance chief announced Monday, kicking off a week of conferences aimed at resuscitating the Chinese hub's image.

Markets rise on rate hopes ahead of Fed decision

Most markets rose Monday ahead of a crucial Federal Reserve policy meeting later in the week, with investors hoping for a less hawkish tilt in their plans for interest rates.

Hong Kong banking summit a post-pandemic sales pitch, but is anyone buying?

Hundreds of top bankers will arrive in Hong Kong this week to hear the government's sales pitch that -- despite lingering pandemic curbs and entrenched US-China tensions -- the city is once again open for business.

India bridge collapses, killing at least 130 people

At least 130 people were killed in India after a colonial-era pedestrian bridge collapsed, sending scores of people tumbling into the river below, police said Monday.

China's factory activity contracts on Covid curbs

China's factory activity shrank in October, official data showed Monday, after industries were hit by strict Covid lockdowns.

In Amazon, Indigenous voters wear Lula support painted on faces

In the Brazilian Amazon, members of an Indigenous community painted their faces and put on traditional feather headdresses as they set out to vote Sunday in the hard-fought presidential runoff election.

Brazil election hit by outcry over roadblocks

Brazil's election boss on Sunday announced the lifting of traffic police roadblocks that had "delayed" voters during a high-stakes presidential election, after the blockages led to an outcry from the left.

Firebombing at UK immigration office handling Channel migrants

An attacker on Sunday threw firebombs at an immigration office used to process asylum seekers crossing the Channel in small boats as the government seeks to curb record arrivals.

'Lot of progress' in India trade talks: UK foreign minister

Britain's foreign minister has insisted during a visit to India that "a lot of progress" has been made in talks on a post-Brexit free-trade deal despite negotiators missing a recent deadline.

Scottish blueberry farmer donates 'unviable' crop to charity

A Scottish farmer is giving away his entire crop of blueberries, worth £2 million, to charity, saying cheap imports and high labour costs have made harvesting the fruit economically unviable.

US retailers battle high costs clearing Christmas stockpiles

US retailers are hustling to sell their stockpiles of Christmas decorations as the festive season approaches, after tangled supply chains caused many shipments to arrive only after the holidays last year.

Croatia prepares for euro switch amid soaring inflation

With inflation mounting and precarious geopolitical headwinds rattling Europe, Croatia hopes that its upcoming switch to the euro will bring some semblance of protection to the Balkan country in an uncertain world.

With Twitter, Musk's influence enters uncharted territory

First, Elon Musk revolutionized the automobile industry, then he tackled space travel. By taking control of Twitter, the eccentric billionaire now wields a nearly untold level of influence.

US Fed set for further steep rate hike as recession fears loom

The US Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week as it battles surging costs, with its aggressive stance fueling expectations of a recession.

Like clockwork: World's longest passenger train winds through Swiss Alps

The world's longest passenger train -- an assembly of 100 connected coaches measuring nearly two kilometres -- wound through breath-taking scenery in the Swiss Alps Saturday.

Taiwan holds first LGBTQ Pride march in two years

Tens of thousands braved downpours in Taiwan on Saturday to celebrate as the island staged its first LGBTQ Pride rally since fully reopening its border.

Covid vaccines may cause period problems, experts warn

Some Covid vaccines may cause heavy menstrual bleeding, specialists at the European Medicines Agency (EMA) warned Friday, recommending that this be added to the list of potential side-effects.

Apple rally fuels tech share turnaround, lifting US stocks

Tech shares were back on their front foot Friday following solid Apple results, boosting the Nasdaq nearly three percent and adding to weekly gains.

Portugal Colonial - Economy (English)