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Philips losses worse than expected in 2024
Philips on Wednesday posted worse-than-expected losses in 2024, as the Dutch medical device maker bids to turn the page on a damaging recall of faulty sleep machines.

EU eyes stricter food import rules in agriculture policy review
The EU plans to crackdown on food imports that do not meet its standards as part of an agricultural policy review to be published Wednesday that looks to appease disgruntled farmers amid global trade tensions.

HSBC targets $1.5 bn in annual cost savings after revamp
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026.

Asian markets swing as traders assess latest tariffs volley
Asian markets were mixed Wednesday after President Donald Trump broadened his tariff threats, while traders were also assessing the geopolitical outlook after the first high-level official US-Russia talks since the invasion of Ukraine.

US judge declines to block Musk from accessing data, firing workers
A US judge on Tuesday declined a request to temporarily block Elon Musk and his Department of Government Efficiency (DOGE) from firing federal employees and accessing agency data, a victory for President Donald Trump in his bid to shrink the government workforce.
US lawmakers confirm Howard Lutnick as commerce secretary
The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump's "America First" trade policy, which uses tariffs as a broad negotiation tool.

China condemns US 'tariff shocks' at WTO
The sweeping tariffs threatened or already imposed by US President Donald Trump risk triggering inflation, market distortions, and even a global recession, China said Tuesday at the World Trade Organization.
Shakira medical record leak sparks Peru investigation
Peruvian authorities threatened sanctions and hefty fines Tuesday as they investigated how popstar Shakira's medical records were leaked following her treatment at a Lima clinic.
Global stocks unfazed as US and Russia hold talks
Global stock markets held largely steady on Tuesday as top US and Russian diplomats held their first high-level discussions since Russia invaded Ukraine.
Global stocks steady as US and Russia hold talks
Global stock markets held largely steady on Tuesday as top US and Russian diplomats held their first since Russia's invasion of Ukraine.

German auto supplier Continental to cut 3,000 more jobs
German auto supplier Continental said Tuesday it will cut a further 3,000 jobs by the end of 2026, the latest sign of weakness for the country's auto sector.

Global stocks mixed as US and Russia hold talks
Global stock markets traded mixed Tuesday as investors awaited the outcome of the first meeting between top US and Russian diplomats since Russia's invasion of Ukraine.

UK court backs £3 bn loan for indebted Thames Water
A court on Tuesday approved a £3 billion ($3.8 billion) emergency loan for Britain's largest water supplier Thames Water, offering it a lifeline as it buckles under a mountain of debt.
Asian markets mixed as traders pare Hong Kong tech rally
Asian markets were mixed Tuesday with Hong Kong resuming its tech-led rally after a meeting between President Xi Jinping and China's top business leaders fanned hopes that a long-running crackdown on the private sector is coming to an end.

Iran mulls moving capital to 'lost paradise' on southern coast
Faced with myriad problems including gridlocked traffic and a sinking earth surface in its current capital, Iran is considering a drastic solution -- moving it to an altogether different location on the Gulf of Oman.

Tesla begins hiring in India after Musk and Modi meet
Electric vehicle maker Tesla has begun hiring in India, with the company of tycoon Elon Musk issuing advertisements days after US President Donald Trump's right-hand man met with India's premier.

German 'bureaucracy monster' on everyone's election hit list
German politicians make a lot of laws and regulations but on the campaign trail many rage against the country's notorious bureaucracy, labelling it a monster that needs to be slayed.

Why Brazil's Lula is bleeding support
Brazilian President Luiz Inacio Lula da Silva, 79, has been on a whirlwind campaign of interviews and public appearances in recent weeks to shore up dwindling support, but the numbers keep getting worse.

'They knew': Victims of paedophile French surgeon blame systemic failure
A French surgeon to stand trial over raping or sexually assaulting almost 300 patients, mostly children, practised for decades right up until his retirement despite a conviction for owning abusive images of children and colleagues sounding the alarm, an AFP investigation shows.

Tech rally helps Hong Kong lead Asian markets higher
Hong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.

UN nuclear chief to view soil removed from Fukushima
The UN nuclear watchdog chief arrives in Japan on Tuesday for a trip that will include his first visit to storage facilities for soil contaminated in the 2011 Fukushima disaster.

Sama Launches Agentic Capture, a Robust Data Capture Framework for Multi-Modal Agentic AI
SAN FRANCISCO, CA / ACCESS Newswire / February 18, 2025 / Sama, the leader in purpose-built, responsible enterprise AI with agile data labeling for model development and supervised fine-tuning, today announced the launch of Agentic Capture, a feedback framework for multi-modal agentic AI. Built on Sama's configurable capture platform, this new framework is capable of managing the types of multi-modal, complex use cases necessary for agentic AI across a variety of industries. Agentic Capture, built on Sama's extensible data labeling platform, ensures consistent, accurate annotation through the use of high-quality rubrics and instructions. The framework's precision insights and transparent reporting provide a deeper understanding of the AI agent's behaviors and its impact on model goals, and offers the human in the loop (HITL) validation necessary to effectively iterate on model performance.

Delta plane flips upside down in Toronto crash, 15 wounded
A Delta Air Lines jet with 80 people onboard crash landed Monday at the Toronto airport, officials said, flipping upside down and leaving at least 15 people injured but causing no fatalities.

Shakira resumes world tour after Lima hospital stay
Colombian pop star Shakira said her concert in Peru Monday will go ahead a day after she called off another performance because of a sudden hospitalization.

Mexico says to sue Google if it insists on using 'Gulf of America'
Mexico will take Google to court if it insists on changing the Gulf of Mexico's name to "Gulf of America" for Maps users in the United States, President Claudia Sheinbaum said Monday.

European markets rise ahead of Ukraine war talks
European markets rose on Monday as defence stocks surged ahead of a meeting between European leaders to address Washington's shock policy shift on the war in Ukraine.
Stock markets start week on mixed note
Markets fluctuated on Monday as investors assessed the global economic outlook while US President Donald Trump pushes ahead with his trade war.

S. Korea says DeepSeek removed from local app stores pending privacy review
South Korean authorities said Monday that DeepSeek would not be available from local app stores pending a review of the Chinese AI startup's handling of user data.

Taiwan bounty hunters kill invading iguanas as numbers soar
Armed with a slingshot, Taiwanese bounty hunter Wu Cheng-hua bends sideways and aims his lethal weapon up at a green iguana, one of tens of thousands in the crosshairs of a government cull.

Japan 2024 growth slows despite stronger fourth quarter
Japan's economic growth slowed sharply last year, official data showed Monday, although the rate for the fourth quarter topped expectations.

Most Asian markets start week on positive note
Asian markets mostly rose Monday as investors assessed the global economic outlook while Donald Trump pushes ahead with his trade war.

New 'Captain America' crushes competition in N.American theaters
Marvel and Disney's new superhero film "Captain America: Brave New World" easily dominated the North American box office this weekend, earning an estimated $100 million in the biggest opening of the year, industry watcher Exhibitor Relations reported Sunday.