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Block: The AI Layoff Bet Is Paying Off, But Insiders Aren't Buying It

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The Eurozone Crisis Deepens As Greece Attempts To Avoid Bankruptcy
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Hamak sells 8 bitcoin to fund Ghana gold project assessment

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Hamak sells 8 bitcoin to fund Ghana gold project assessment

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Opinion: Economic equity lost in learners’ hours

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Opinion: Economic equity lost in learners’ hours

OPINION: The requirement for learner drivers to undertake 50 hours of supervised training is a bit much.

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Handsworth baby bank helping more parents in full-time work

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The inside of the shop has stacks of nappies on shelves, clothes hanging on rails and boxes of toys stacked on a table.

A Birmingham baby bank says it is helping a growing number of people in full-time work who are struggling to afford essentials for their children.

Kavita Kaur Dhillon and her husband Karvinder run the Handsworth Baby and Family Bank on Soho Road, which provides free items including nappies, baby formula, clothes and toys.

The couple said the majority of people they first helped were from low-income households, but they were now seeing more working families needing support with everyday costs.

“We don’t need any more clothing, it’s the everyday essentials, formula, nappies, wipes, toiletries,” said Kavita.

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Karvinder said demand had shifted in recent years.

“Before, we mainly needed nappies,” he said.

“As the daily cost of living has gone up, people need help with more day-to-day things.”

The couple said they were currently in desperate need of baby formula and often had only a handful of tubs left in stock.

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“Just because you dress nice, or drive a nice car, doesn’t mean you don’t need help,” Kavita said.

“Nobody knows people’s circumstances. People can judge, but the reality is people are struggling.”

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Enhertu receives EU committee backing for early breast cancer

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Enhertu receives EU committee backing for early breast cancer

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Cheesecake Factory: Traffic Is Back At The Table

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The Cheesecake Factory

Cheesecake Factory: Traffic Is Back At The Table

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US and China discuss AI safety plan ahead of Trump-Xi summit

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US Treasury Secretary Scott Bessent shakes the hand of China's top trade negotiator He Lifeng stand in front of both countries' flags.

Top US and Chinese officials have discussed creating a new “notification mechanism” for AI incidents that could affect national security, Treasury Secretary Scott Bessent told reporters on Sunday.

Bessent made the comments after what he called “successful” talks with Chinese Vice Premier He Lifeng in New York.

The meeting came as US President Donald Trump and his Chinese counterpart Xi Jinping are due to hold a summit in Washington later this week.

AI has come under intense scrutiny in recent days after researchers warned of the potential risks posed by the technology and some of the industry’s most high profile figures called for developers to take a more cautious approach.

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“We think that, just like with any cross-border activity, that moving from opaque to more transparency between the number one and the number two AI powers in the world is very important,” Bessent told reporters after the talks.

He said the meeting also covered other topics, including plans to “operationalise” a process to identify potential tariff cuts on goods called the Board of Trade.

A truce in the tariffs war between the world’s two biggest economies is due to expire on 10 November.

The BBC has contacted the Chinese embassy in the US for comment.

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Chinese state news agency Xinhua said the two sides had “candid, in-depth and constructive exchanges on key economic and trade issues”, noting that they had discussed AI.

Bessent said in a post on X on Sunday that the talks “help lay the groundwork for President Trump to advance America’s economic interests and deliver results for the American people.”

The US and China are locked in a race to dominate the AI and technology industries.

In recent days Washington has faced calls to slow down the development of AI over fears abouts its potential negative impact on humanity.

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Trump has largely dismissed those concerns, arguing that there are sufficient policies around AI and that the US cannot lose its edge to China.

He said earlier this month “whoever wins in AI, wins.”

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Business

Peet bidder Ingenia rejects updated takeover bid

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Peet bidder Ingenia rejects updated takeover bid

Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
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Only subscribers have full access to all content on the Business News website.

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If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.

Business News subscribers are:

  • Executives and directors tracking competitors, clients and market movements
  • Investors and advisers researching companies, deals and industry trends
  • Consultants and professionals staying across sectors relevant to their clients
  • Business owners looking for leads, context and market intelligence

Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.

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The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.

The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.

The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
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Indigenous business register backed by Ken Wyatt, Gerry Matera shut down

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Indigenous business register backed by Ken Wyatt, Gerry Matera shut down

Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
Get in touch
to discuss the right option for your organisation.

Business News subscriptions are used by executives, investors, consultants and professionals who need to stay informed and make better decisions about the WA market. When you subscribe you’ll get

  • Unlimited access to WA’s most trusted business journalism
  • Data & Insights — detailed profiles of WA companies, people, projects and deals
  • MyBN — a personalised feed based on the companies, people and sectors you follow
  • Special publications and industry reports
  • Daily and weekly email newsletters

Data & Insights is a research tool built specifically for the WA market. It draws on more than 30 years of Business News reporting, updated regularly to reflect what’s happening now. Use it to:

  • Look up detailed profiles of WA companies, including financials, directors and ownership
  • Find decision-makers and track their career movements
  • Research live and completed projects across WA industries
  • Monitor deals, appointments and market activity
  • Access industry rankings and league tables

Data & Insights is updated daily by our dedicated research team, which uses the latest announcements, ASX filings and editorial coverage to keep our person, company, list and project records up to date.

Business News welcome all opportunities to make our dataset accurate, complete and current, so if you have an update request, please email the team at
general@businessnews.com.au, and we’d be happy to assist.

Advertisement

MyBN
is part of every subscription. It’s your personalised view of Business News. You can follow the companies, people, sectors and projects that matter to you, and get a news feed and alerts tailored to your interests. You can save articles to read later and retain only what you need.

Only subscribers have full access to all content on the Business News website.

Advertisement

If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.

Business News subscribers are:

  • Executives and directors tracking competitors, clients and market movements
  • Investors and advisers researching companies, deals and industry trends
  • Consultants and professionals staying across sectors relevant to their clients
  • Business owners looking for leads, context and market intelligence

Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.

Advertisement

The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.

The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.

The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
Sign up for free.

Advertisement

We’re happy to help.
Get in touch
and our team will come back to you.

Advertisement
Continue Reading

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Opinion: The story behind rising red meat costs

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Opinion: The story behind rising red meat costs

OPINION: Rising costs at source are gradually affecting retail prices for red meat.

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China’s CXMT shares rise as new DRAM platform enters mass production

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China’s CXMT shares rise as new DRAM platform enters mass production

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