NATO MILITARY FIGHTER SHOOTS DOWN DRONE IN LITHUANIAN AIRSPACE: NATIONAL CRISIS MANAGEMENT CENTRE
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ABBOTT LABORATORIES AGREES TO PAY $385 MILLION TO SETTLE U.S. AND STATE CLAIMS OVER POOR MANUFACTURING PRACTICES AT TWO FACILITIES, INCLUDING ITS STURGIS, MICHIGAN INFANT FORMULA PLANT.
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ABBOTT WILL PAY $348.7 MILLION TO THE U.S. UNDER THE FALSE CLAIMS ACT AND $36.3 MILLION TO SEVERAL STATES, WITHOUT ADMITTING FAULT OR LIABILITY.
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WTI OIL RISES 0.7% AT THE OPEN AS IRAN REJECTS U.S. TALKS AND A TANKER INCIDENT HEIGHTENS STRAIT OF HORMUZ SUPPLY CONCERNS.
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SAUDI ARABIA ACTIVATES EMERGENCY ALERTS IN KHAMIS MUSHAIT AND ABHA: STATE TV
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JAPAN EARLY TRADE: NIKKEI FUTURES SLIDE 0.46%, WHILE 10-YEAR JGB FUTURES DROP 0.18 POINT.
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NATO FIGHTER JETS SHOT DOWN A DRONE THAT VIOLATED LITHUANIA'S AIRSPACE OVER KAUNAS COUNTY, PROMPTING AN AIR ALERT AND TEMPORARY FLIGHT RESTRICTIONS AT VILNIUS AIRPORT.

THE ALERT AND RESTRICTIONS WERE LIFTED AFTER THE DRONE WAS DESTROYED, WITH LITHUANIAN AUTHORITIES SAYING ITS TYPE AND ORIGIN REMAIN UNKNOWN.
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Unisound AI Technology unveils U2-FLASH, a new high-density intelligent model aimed at advancing its next-generation AI capabilities.
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NVIDIA CEO JENSEN HUANG TOOK A LIVE PHONE CALL FROM DONALD TRUMP DURING AN ON-STAGE PANEL, WITH BOTH REJECTING CALLS TO SLOW ADVANCED AI DEVELOPMENT AND ARGUING THE U.S. MUST MAINTAIN ITS AI LEAD OVER CHINA.

HUANG SAID AI SAFETY AND INNOVATION CAN ADVANCE TOGETHER, WHILE TRUMP DISMISSED EXISTENTIAL AI FEARS AS A “HOAX,” HIGHLIGHTING A GROWING SPLIT WITH ANTHROPIC'S DARIO AMODEI, SAM ALTMAN AND ELON MUSK, WHO HAVE CALLED FOR STRONGER TESTING AND A SLOWER PACE FOR FRONTIER AI MODELS.
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Microsoft CEO Satya Nadella calls on the AI industry to put safety first and ensure humans remain in control as the technology advances - BI
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Microsoft CEO Satya Nadella urges AI industry to prioritize safety, maintain human control: Business Insider
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Japan’s heavy reliance on LNG is complicating its response to Putin’s visit to the disputed Kuril Islands, highlighting the tension between energy security and diplomacy.
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Oil prices climb sharply as global equities slide and government bond yields move higher, signaling renewed pressure across financial markets.
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Asian markets open weaker after Wall Street’s broad decline, with tech stocks under pressure as investors weigh calls for a slower pace of AI development
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OpenAI is reportedly training ChatGPT to sound less human-like and reduce sycophantic responses, according to 404 Media.
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NATO aircraft intercepted and destroyed a drone over Lithuanian territory, President Gitanas Nausėda said, citing AFP.
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U.S. Supreme Court blocks the Postal Service from imposing new mail-in voting restrictions ahead of the congressional midterms, dealing a setback to the Trump administration - BBG
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Japan’s long-dated bond yields edge higher as rising energy costs fuel fresh inflation concerns , citing WSJ
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China pushes back against calls to curb the development of advanced AI, signaling continued momentum behind its technology ambitions.
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ASIAN STOCKS SLIPPED AFTER A SHARP SELLOFF IN US SEMICONDUCTOR SHARES RAISED CONCERNS THAT AI DEVELOPMENT AND SPENDING COULD SLOW. THE MSCI ASIA PACIFIC INDEX FELL 0.1%, WHILE JAPAN AND SOUTH KOREA EDGED LOWER AFTER THE PHILADELPHIA SEMICONDUCTOR INDEX PLUNGED 5.9%, ITS BIGGEST DROP IN MORE THAN TWO MONTHS.
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OIL EXTENDED ITS RALLY, WITH BRENT RISING 0.7% AND WTI REACHING AROUND $102.12, REVIVING INFLATION CONCERNS AHEAD OF WEDNESDAY’S FEDERAL RESERVE DECISION. TRADERS ARE PRICING A 95% CHANCE OF A RATE HIKE, WHILE THE 10-YEAR TREASURY YIELD REMAINS NEAR 5%, INCREASING PRESSURE ON EQUITY VALUATIONS.
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