Don’t get lost in the ‘distant sci-fi’: Cohere prefers to focus on AI’s simpler side
By Tara Deschamps, The Canadian Press on December 13th, 2023
TORONTO – In a world where artificial intelligence has helped professional soccer teams develop game strategies, created a fake viral tune reminiscent of Drake and The Weeknd and played brewmaster, Nick Frosst loves the simpler uses of the technology. The Cohere co-founder’s eyes light up as he sits in his AI company’s Toronto meeting and ... Read More »
Be the first to comment!Missiles from rebel territory in Yemen miss a ship near the key Bab el-Mandeb Strait
By Jon Gambrell, The Associated Press on December 13th, 2023
DUBAI, United Arab Emirates (AP) – Two missiles fired from territory held by Yemen’s Houthi rebels missed a commercial tanker near the key Bab el-Mandeb Strait on Wednesday, a U.S. official said. An American warship also shot down a suspected Houthi drone flying in its direction during the incident, said the official, who spoke on ... Read More »
Be the first to comment!New Polish Prime Minister Donald Tusk is sworn in with his government
By The Associated Press on December 13th, 2023
WARSAW, Poland (AP) – The new Polish Prime Minister Donald Tusk was sworn in by the president on Wednesday morning in a ceremony where each of his ministers was also taking the oath of office. The swearing-in ceremony of the pro-European Union government was taking place in the presidential palace in Warsaw. It is the ... Read More »
Be the first to comment!Missiles from rebel territory in Yemen miss a ship near key Bab el-Mandeb Strait, US official says
By Jon Gambrell, The Associated Press on December 13th, 2023
DUBAI, United Arab Emirates (AP) – Two missiles fired from territory held by Yemen’s Houthi rebels missed a commercial tanker near the key Bab el-Mandeb Strait on Wednesday, a U.S. official said. An American warship also shot down a suspected Houthi drone flying in its direction during the incident, said the official, who spoke on ... Read More »
Be the first to comment!Argentina sharply devalues its currency and cuts subsidies as part of shock economic measures
By Débora Rey, The Associated Press on December 12th, 2023
BUENOS AIRES, Argentina (AP) – Argentina on Tuesday announced a sharp devaluation of its currency and cuts to energy and transportation subsidies as part of shock measures new President Javier Milei says are needed to deal with an economic “emergency.” Economy Minister Luis Caputo said in a televised message the Argentine peso will be devalued ... Read More »
Be the first to comment!Argentina devalues its currency and cuts subsidies as part of shock economic measures
By The Associated Press on December 12th, 2023
BUENOS AIRES, Argentina (AP) – Argentina on Tuesday announced a sharp devaluation of its currency and cuts to energy and transportation subsidies as part of shock adjustments new President Javier Milei says are needed to deal with an economic “emergency.” Economy Minister Luis Caputo said in a televised message the Argentine peso will be devalued ... Read More »
Be the first to comment!TSX down as price of oil falls on Tuesday, U.S. markets up ahead of rate announcement
By Rosa Saba, The Canadian Press on December 12th, 2023
TORONTO – Canada’s main stock index moved lower on Tuesday, weighed down by losses in energy, utilities and battery metals, while U.S. markets rose after the latest inflation report ahead of Wednesday’s interest rate announcement. The S&P/TSX composite index closed down 84.52 points at 20,233.84. In New York, the Dow Jones industrial average was up ... Read More »
Be the first to comment!Bank regulator maintains uninsured mortgage stress test rate
By The Canadian Press on December 12th, 2023
TORONTO – Canada’s banking regulator says it has left the stress test rate for uninsured mortgages unchanged. The Office of the Superintendent of Financial Institutions says the minimum qualifying rate for uninsured residential mortgages will remain the greater of 5.25 per cent, or the mortgage contract rate plus two per cent. Uninsured mortgages are generally ... Read More »
Be the first to comment!Poland’s new prime minister vows to press the West to continue helping neighboring Ukraine
By Vanessa Gera And Monika Scislowska, The Associated Press on December 12th, 2023
WARSAW, Poland (AP) – Poland’s newly elected prime minister, Donald Tusk, vowed Tuesday that his government will demand that the West keep helping neighboring Ukraine, and pledged that Warsaw would be a stable ally of NATO and a leader in Europe. Tusk’s government later won a vote of confidence in parliament 248-201, but the vote ... Read More »
Be the first to comment!S&P/TSX composite down Tuesday as price of oil falls, U.S. stock markets rise
By The Canadian Press on December 12th, 2023
TORONTO – Canada’s main stock index moved lower on Tuesday, weighed down by losses in energy, utilities and battery metals, while U.S. markets rose after the latest inflation report ahead of Wednesday’s interest rate announcement. The S&P/TSX composite index closed down 84.52 points at 20,233.84. In New York, the Dow Jones industrial average was up ... Read More »
Be the first to comment!Stock market today: Wall Street reaches highest level since early 2022 ahead of Fed meeting
By Stan Choe, The Associated Press on December 12th, 2023
NEW YORK (AP) – Wall Street rose to its highest level since early 2022, just a bit below its record high, after a report showed inflation in the United States is behaving pretty much as expected. The S&P 500 climbed 0.5% Tuesday. The Dow rose 0.5%, and the Nasdaq composite added 0.7%. Treasury yields were ... Read More »
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