Business

Nick Bostrom on What Happens If AI Solves All Problems

The philosopher Nick Bostrom was one of the first thinkers who mapped out the existential risk of AI. In his 2014 book, Superintelligence: Paths, Dangers, Strategies he delved into scenarios — like the “paperclip maximizer” for instance…

Exxon Commits US$1.1 Billion to Mozambique’s Rovuma LNG Before Final Decision

The Area 4 partners have awarded about US$1.1 billion in pre-investment contracts for Rovuma LNG in Cabo Delgado, Mozambique, months ahead of a final investment decision. The post Exxon Commits US$1.1 Billion to Mozambique’s Rovuma LNG…

Mexico’s State Power Company Wants to Borrow Up to US$1.2 Billion at Home, Some of It for Forty Years

Mexico's state power company is preparing to sell up to 20 billion pesos, about US$1.2 billion, in three bonds at once, one of them running forty years. The post Mexico’s State Power Company Wants to Borrow Up to US$1.2 Billion at Home…

Foreigners Pulled US$2.4 Billion Out of Brazil’s Stock Market in a Single Week, the Most on Record

Foreign investors sold a net R$12.6 billion of Brazilian shares in the week to 14 August, the heaviest week on record in a series that begins in 2008. The post Foreigners Pulled US$2.4 Billion Out of Brazil’s Stock Market in a Single Week…

Chile Stopped Two Highway Awards Just Before Signing, and Spain’s Builders Are Getting Nervous

Chile froze the award decrees for two Biobio road corridors at the last procedural step, suspending Azvi's provisional adjudication on budget grounds. The post Chile Stopped Two Highway Awards Just Before Signing, and Spain’s Builders Are…

Hong Kong’s IPO boom extends beyond tech, HKEX CEO says, as fundraising tops $40 billion

Chan said firms from sectors like biotechnology, mining, and consumer companies are also in the pipeline.

Samsung, SK Hynix Prepare Record Shareholder Returns

Samsung and SK Hynix are preparing record shareholder returns after investors sent their stocks tumbling over concerns around the sustainability of AI hardware spending. Bloomberg's Neil Campling has the details. (Source: Bloomberg)

Fuel imports to Russia: statements by Novak and overview of market situation

Russian authorities expect a number of oil refineries to complete maintenance work soon, leading to a significant improvement in the fuel market situation

Nick Bostrom on What Happens if AI Solves All of Our Problems

Are humans doomed no matter what?

Odd Lots: What Happens if AI Solves Every Problem (Podcast)

The philosopher Nick Bostrom was one of the first thinkers who mapped out the existential risk of AI. In his 2014 book, Superintelligence: Paths, Dangers, Strategies, he delved into various scenarios — like the now-famous “paperclip…

Australia passes law to levy tech giants that fail to pay for local news

Nigeria Cement Prices Probed as Regulator Summons the Biggest Producers

Nigeria cement prices rose from about US$7 a bag in January to as much as US$11 by July. The FCCPC has summoned the country's biggest producers to hand over pricing, capacity and export records. The post Nigeria Cement Prices Probed as…