President Financial News
17.11 / 19:11
Cooper
Citizens
President
consequences
innovations
testing
Department
US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development
The United States National Institute of Standards and Technology (NIST), under the Department of Commerce, has taken a significant stride towards fostering a safe and trustworthy environment for Artificial Intelligence (AI) through the inception of the Artificial Intelligence Safety Institute Consortium (“Consortium”). The Consortium's formation was announced in a notice published on November 2, 2023, by NIST, marking a collaborative effort to set up a new measurement science for identifying scalable and proven techniques and metrics. These metrics are aimed at advancing the development and responsible utilization of AI, especially concerning advanced AI systems like the most capable foundation models.
17.11 / 18:40
Racing
Software
Align
President
voice
Amazon is laying off hundreds of people in Alexa division
Alexa assistant, according to a memo sent to employees on Friday. Daniel Rausch, an Amazon vice president who leads teams working on Alexa and the company’s Fire TV streaming franchise, said the company was “shifting some of our efforts to better align with our business priorities," including focusing on building capabilities powered by generative artificial intelligence. “These shifts are leading us to discontinue some initiatives, which is resulting in several hundred roles being eliminated." Rausch didn’t specify which initiatives would be eliminated.
17.11 / 18:40
Reuters
economy
President
show
stage
reports
Lenders take heat as RBI cracks whip
Bank of India, Axis Bank, ICICI Bank and Bajaj Finance Ltd. The Bank Nifty fell 1.3%, the most in over two weeks, while the Finnifty, which comprises NBFCs and insurers, tumbled 0.9%. The Nifty PSU Bank index comprising SBI, Indian Bank, Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank fell 2.39%, also the most in two weeks.
17.11 / 18:13
FIVE
Cooper
Entertainment
Netflix
President
show
audience
Why is Young Sheldon ending with Season 7 and what's next?
Netflix continues to bolster its library, and the latest addition is anticipated to be the popular TV show "Young Sheldon." With the first five seasons set to land on Netflix on November 24, 2023, the streaming giant is poised to offer viewers a delightful post-Thanksgiving treat.
17.11 / 18:09
FIVE
Progressive
Fighting
Strategy
President
CIBC
show
fall
Weekly
Dollar poised for steep weekly fall, yen trades below 150
By Herbert Lash and Iain Withers
17.11 / 18:09
17.11 / 18:09
17.11 / 17:15
Citi
President
country
Isuzu Motors strategically expanding network pan India, says official
Isuzu Motors India has inaugurated its new dealership in Tamil Nadu under its plan to strategically expand its network across the country, a top official said. The company, a subsidiary of Isuzu Motors Ltd, Japan has set up its 3S — sales, service, and spares — dealership named Kaveri ISUZU in Tiruchirappalli.
17.11 / 17:15
Action
Remark
President
reports
More than 73 percent turnout recorded in assembly polls in Madhya Pradesh
voter turnout of 73.72 per cent was recorded in assembly elections in Madhya Pradesh on Friday, officials said. It was a provisional figure and the final voting percentage was likely to be higher, the election officials said.
17.11 / 17:15
Provident
Citizens
President
travelers
patient
"Useless, manifesto of lies": Telangana minister Mahmood Ali on Congress' poll guarantees
Telangana Home Minister and Bharat Rashtra Samithi (BRS) leader Mohd Mahmood Ali on Friday said that the Congress party's manifesto for the November 30 polls is 'useless and full of lies'. This came after Congress president Mallikarjun Khrage released its manifesto, titled 'Abhaya Hastham' (the hand that protects), for this month's Assembly elections in Telangana, promising six guarantees. «You can compare the work we (the BRS government) have done in the past 9 years and 4 months and Congress' work in the last 50 years. KCR is a great leader with a vision.
17.11 / 16:57
Target
Progressive
President
show
information
reports
patient
Fed's Susan Collins says more rate hikes can't be taken off the table yet
Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could yet be needed.
17.11 / 16:42
17.11 / 16:42
17.11 / 16:42
17.11 / 16:15
Action
Remark
President
performer
Former Dy CM R Ashoka elected Opposition leader in Karnataka
R Ashoka was on Friday elected Opposition leader of the Karnataka Assembly after the party delayed a decision for six months. Former Chief Minister Basavaraj Bommai proposed his name, while other MLAs endorsed the choice. Union Finance Minister Nirmala Sitharaman and BJP national general secretary Dishyant Kumar Gaurav attended the meeting as central observers, while BJP veteran leader BS Yediyurappa also participated. Two MLAs ST Somashekar and Shivarama Hebbar, however, skipped the meeting.
17.11 / 15:47
Reuters
Maxim
Software
Align
President
voice
Amazon to cut 'several hundred' Alexa jobs
Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing «shifting» business priorities and a greater focus on generative artificial intelligence. The cuts affect «several hundred» employees working on Alexa, according to the email. A spokeswoman declined to elaborate on exactly how many were affected.
17.11 / 14:27
President
country
voice
open
Countries need to work together for open supply chains: Piyush Goyal
Narendra Modi. During its G20 presidency, India made strong interventions in strengthening the voice of the Global South by making the African Union a permanent member of the grouping, the minister added.
17.11 / 14:03
Target
Remark
President
performer
country
reports
'Express regret over Arjuna Ranatunga's comments', says Sri Lankan President Ranil Wickremesinghe to Jay Shah over phone
International Cricket Council (ICC) suspended the cricket board of Sri Lanka, citing the interference by the government, Sri Lankan President Ranil Wickremesinghe on 17 November called Asian Cricket Council (ACC) President Jay Shah and expressed regret over the remarks of Arjuna Ranatunga blaming him for the collapse of Sri Lankan cricket, reported The Hindu. Earlier, former World Cup-winning Sri Lankan skipper Arjuna Ranatunga had accused Jay Shah of 'running' and 'ruining' Sri Lanka Cricket. “The President spoke to Mr. Shah yesterday (Thursday) morning.
17.11 / 13:29
Citi
Fighting
Southern
President
Battlefield
reports
prevention
Ukrainian marines claim multiple bridgeheads across a key Russian strategic barrier
Ukraine's marine corps said on Friday it has secured multiple bridgeheads on the eastern bank of the Dnieper River in the Kherson region in fighting it described as having left nearly 3,500 Russians killed or wounded and dozens of ammunition depots, tanks, armoured vehicles and other weaponry destroyed. The Marine Infantry Command's claims are the first to come directly from the Ukrainian military about advances across one of Russia's most significant strategic barriers.
17.11 / 13:07
SEC
President
Europe might be getting its own SEC
European Central Bank President Christine Lagarde proposed granting more powers to the European Union’s securities watchdog, turning it into the regional equivalent of the US Securities & Exchange Commission.
17.11 / 11:59
Digital
economy
Align
pandemic
President
information
India’s move on risky loans to hit banks more than economy
India’s central bank is clamping down on risky consumer lending as the economy booms, a move that’s likely to hurt banks but only have a limited impact on growth. The Reserve Bank of India on Thursday told lenders to set aside more capital for unsecured consumer loans, such as credit cards and small, personal loans. That type of borrowing had surged more than 25% in the past year, according to Macquarie Group, far higher than growth in consumer incomes, potentially creating a debt trap for borrowers and giving rise to defaults. The RBI’s measures prompted a selloff in bank stocks on Friday, with analysts saying a rise in borrowing costs will hit profits.
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