China scraps platinum tax break for state-owned giant

China scraps platinum tax break for state-owned giant

Wind is a favoured industry as the Asian nation aims to boost renewable energy and accelerate the country’s energy transition [NEW DELHI/LONDON] China will phase out a long-standing platinum tax rebate for a state-owned giant, potentially opening up the market to new entrants. The government will from Nov 1 start collecting value-added tax (VAT) on…

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UK TV channel deploys AI host for current affairs documentary

UK TV channel deploys AI host for current affairs documentary

[LONDON] A British television channel became the latest from around the world to use an artificial intelligence (AI) presenter, in a programme airing on Monday about the emergent technology’s growing impact. Channel 4 said it opted for an AI-generated host for the latest episode in its long-running current affairs series, Dispatches, to raise a wider…

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Oil settles at 5-month low as supply glut fears mount

Oil settles at 5-month low as supply glut fears mount

[HOUSTON] Oil prices settled at their lowest since early May on Monday as investors weighed a potential global glut, with US-China trade tensions adding to concerns about an economic slowdown and weaker energy demand. Brent crude futures settled down 28 cents, or 0.46 per cent, at US$61.01 a barrel. US West Texas Intermediate futures settled down 2…

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