ANKARA: The EU’s Artificial Intelligence Act entered into force on Thursday.
The AI Act was adopted by members of the European Parliament in March, approved by the EU Council in May, and published in the Official Journal on July 12.
“It will be full…
ISTANBUL: The euro area’s producers suffered yet another setback at the start of the third quarter as a steeper reduction in new orders led contractions in output and employment to accelerate, data provider S and P Global revealed on Thursday.
“There…
ANKARA: The Bank of England (BoE) on Thursday cut the bank rate by 25 basis point from 16-year high to 5%, as widely expected.
“It is now appropriate to reduce slightly the degree of policy restrictiveness,” the BoE said in a statement following its …
ISTANBUL: Malaysian Prime Minister Anwar Ibrahim on Thursday slammed Meta, the parent company of Instagram and Facebook, calling it “instruments of the oppressive Zionist Israeli regime.”
His reaction came after the social media giant deleted his soc…
ISTANBUL: Hezbollah Secretary-General Hassan Nasrallah vowed a ‘real response’ to an Israeli airstrike that killed group commander Fouad Shukr in the Lebanese capital, Beirut.
Tel Aviv blamed Shukr for Saturday’s missile attack that killed 12 people …
ISTANBUL: The middle-income trap hinders progress in 108 developing countries, according to a new World Bank study that was released Thursday.
More than 100 countries, including China, India, Brazil and South Africa face serious obstacles that could …
