- Reuters
FOREX-Dollar edges higher ahead of US inflation data, weakening yen in focus
The dollar edged higher on Tuesday as traders awaited U.S. inflation data, while the yen hovered near a two-week low, stoking intervention worries. The sterling fell sharply after Bank of England Chief Economist Huw Pill said it was not unreasonable to believe that over summer there might be enough confidence to consider rate cuts.
- Associated Press Finance
Japan's Sony reports surge in profit on strong sales of movies, games and music
Profit at Sony surged 34% in the last quarter on strong sales of its video games, music and movies, the Japanese electronics and entertainment company said Tuesday. Tokyo-based Sony Corp.’s quarterly profit totaled 189 billion yen ($1.2 billion), up from 141 billion yen the year before. For the fiscal year through March, Sony recorded a 3% decline in profit at 970 billion yen ($6.2 billion) from more than 1 trillion yen in the previous fiscal year.
- RFI
AI cameras to be tested at Cannes Film Festival ahead of Paris Olympics
Security using artificial intelligence is being deployed at the Cannes Film Festival in a test for potential applications at the Paris Olympics two months later. Some 40,000 attendees - and some of the world's biggest movie stars - fly into the French Riviera for the Cannes film festival from Tuesday to 25 May.Local authorities say they are using 17 experimental cameras equipped with AI technology that are supposed to "identify events or behaviours deemed suspicious" and help detect abandoned pa
