The European Union and United States put out a joint statement Friday affirming a desire to increase cooperation over artificial intelligence — including in relation to AI safety and governance — as well as, more broadly, talking up an intent to collaborate across a number of other tech issues, such as developing standards for digital […]
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Williams boss James Vowles described Logan Sargeant’s crash in Japanese Grand Prix practice as “frustrating” as the team’s lack of resources once more came into focus. Sargeant ran wide at the high-speed Turn Seven, spun and hit the barriers halfway through first practice in Suzuka, causing a red flag and major damage to the FW46, […]
By David Gritten Western governments are coming under growing pressure to halt arms sales to Israel over how it is waging the war against Hamas in the Gaza Strip. Israel is a major weapons exporter, but its military has been heavily reliant on imported aircraft, guided bombs and missiles to conduct what experts have described […]
One of the pillars of behavioral economics is the so-called prospect theory, the idea that the pain of a loss is far greater than the expectation of a gain. That insight, developed by Daniel Kahneman , winner of the 2002 Nobel Memorial Prize in Economic Sciences, was very much in evidence on Thursday as the […]
Is Space NK about to be put up for sale? Possibly, according to a news report this week that said owner Manzanita Capital is targeting a £300 million to £400 million value for the upscale beauty chain. The company invested in the firm 22 years ago and has recently been in talks to hire bankers […]
Selfridges is deepening its circularity commitment with the Reselfridges concept for accessories now available across all of its UK stores (London, Birmingham, and two in Manchester). Selfridges The concept has been available in the London flagship for some time but its space there has now been expanded and covers 1,000 sq ft, three times its […]
Translated by Nicola Mira Published Apr 5, 2024 The Body Shop France was placed in receivership on Thursday April 4 by the Paris trade court, according to a report by BFM Business. The British cosmetics retailer, still struggling after being bought by German investment fund Aurelius at the end of 2023, filed for suspension of […]
Translated by Nicola Mira Published Apr 5, 2024 French women’s ready-to-wear retailer Naf Naf, which went into receivership last September, told the AFP agency on Thursday that it will issue a call for tenders on Friday, seeking investors interested in buying a full or partial stake in the company. Naf Naf belongs to the SY […]
