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Business

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Finance

French police raid Ritz hotel in Mohamed Al Fayed sexual abuse investigation

Arrests made after three properties were searched in relation to inquiry into late businessman French police have made arrests after raiding three properties, including the Ritz hotel in Paris, in relation to an investigation into sexual abuse and trafficking by Mohamed Al Fayed. Several individuals were taken into custody for questioning last month and later released, according to the Paris public prosecutor’s office. Another property in Paris and one in Saint-Tropez, both with links to Fayed, were also searched in mid-October. Continue reading...

The Guardian
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Crypto

OpenAI lets US organizations build business agents on ChatGPT

OpenAI's move to enable business agents on ChatGPT could revolutionize workflow automation, enhancing efficiency and decision-making in organizations. The post OpenAI lets US organizations build business agents on ChatGPT appeared first on Crypto Briefing.

Crypto Briefing
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Finance

Growth at all costs is not a sustainable policy | Letters

The key task should be to ensure that essential services improve the wellbeing of individuals and local communities, writes Peter Riddle. Plus letters from Sheila Triggs and Stephen Smith A key lesson for the UK from the US midterm elections is that a different approach to managing the economy is essential if Labour hopes to retain power in two years’ time. Voters in the UK will judge Andy Burnham’s government just as harshly as American voters have judged Donald Trump if they too feel the economy is not working for them. Meeting the rising costs of food, utilities, transport and housing has b

The Guardian
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Finance

‘Flying cars’ could launch in China next summer, maker of two-seat model says

XPeng says its $300k low-altitude device will soon be ready for emergency services and recreational use in rural areas People could start taking trips in so-called flying cars in China as soon as next summer, the manufacturer of a two-seater vehicle with autopilot model has said. Deli Zhao, the chief executive of the Chinese flying car company XPeng, said the $300,000 (£225,000) low-altitude device would be ready for use by recreational users in rural locations and by emergency services in the second half of 2027. After 10 years of development including trials of flying motorbikes at the compa

The Guardian
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Finance

Anthropic targets valuation of up to $1.4tn in stock market flotation

Claude chatbot developer had been reported to be aiming for $2tn IPO on Wall Street before investors cooled on AI Anthropic is seeking a valuation of up to $1.4tn (£1.1tn) in its imminent stock market flotation, short of the $2tn that had been expected before investors started to question the durability of the AI boom. The developer of the Claude chatbot was widely reported to be targeting a $2tn initial public offering on Wall Street but its sights have been set lower, according to a US regulatory filing on Tuesday. Continue reading...

The Guardian
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