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The EU AI Law was adopted by the Council of the European Union on May 21, 2024. It was formally published in the EU Official Journal in late July and is expected to come into force by August this year, instead of July as originally envisaged. However, many legal rules regarding artificial intelligence (AI) are already in place. This will also delay the European Commission’s internal timeline, by which the EU executive prepares the implementation of the AI regulation, by a few weeks. The timeline had envisaged the regulation coming into force in June or July. The AI law will…
The European Commission has approved Lufthansa Group’s proposed acquisition of Italian flag carrier ITA Airlines following a “thorough investigation” by EU antitrust authorities. The deal, first announced in May 2023, will see the European aviation giant acquire a 41% stake in ITA Airlines for €325 million, with an option to acquire the remaining stake from 2025.The long-awaited go-ahead from Europe’s competition authorities came after Lufthansa and the Italian government made several concessions following concerns the deal could lead to higher airfares and a “deterioration in the quality” of air services to and from Italy.European Commission Vice-President Margrethe Vestager said: “The…
Global air traffic, measured in revenue passenger kilometers, increased 10.7 percent in May from a year earlier, maintaining double-digit growth, according to the International Air Transport Association (IATA). Total capacity in May, measured in seat-kilometres, was 8.5% higher than May 2023. International demand remained strong in May, up 14.6% year-on-year, with capacity up 14.1%. Domestic demand increased 4.7% from May 2023, with capacity up 0.1%. According to IATA, the global load factor in May was 83.4%, up 1.7 percentage points from a year ago and the highest on record for the month of May. International flight load factor increased 0.3…
$43 at Amazon Best smart display for Alexa Amazon Echo Show 8 (2nd gen) View details $20 at Walmart Best smart plug TP-Link Kasa Smart Plug Mini View details $80 at Amazon Best smart thermostat Amazon Smart Thermostat View details $300 at Amazon Best DIY home security system Ring Alarm Kit View details $170 at Walmart Best outdoor floodlight camera Eufy S330 Floodlight Camera View details Show 7 more In a world with smart light bulbs, video doorbells, speakers and other smart home devices, it’s easy to make your daily routine a little more seamless. Whether you want to use…
As Paris Fashion Week heats up, show-goers’ beauty choices are becoming just as bold and over-the-top as those seen on the runway. In London, following the hair accessory trend seen at Christian Siriano and Alice + Olivia during New York Fashion Week, slicked-back buns topped with dainty pearl hair appliqués were a standout look. Intricate braided hairstyles were also a talking point, while slicked-back swoopy bangs were also seen among Paris show-goers. Make-up wise, dark black lipstick and lip liner stood out, often contrasted with bleach blonde brows for an edgy gothic glam look. Black eyeliner was also a big…
The sudden announcement by President Emmanuel Macron of the dissolution of the National Assembly was a financial opportunity for Matthew Russell. The fixed-income manager at asset management group M&G says he bought French government bonds in the days following the announcement. The London-based trader, who is barely familiar with the details of French politics, did some simple math: French interest rates had risen by about 0.3 percentage points to 3.3% by then, and while yields were improving, the risks still seemed very low. “The European Union won’t let France default,” he believes, and he’s betting on the fact that the…
The European Commission plans to allow providers of artificial intelligence (AI) models like ChatGPT to draw up a code of conduct that civil society would consult on and determine compliance with in the short to medium term. Civil society groups have been considering in recent months whether to get involved in the General Purpose AI (GPAI) Code of Conduct, sources familiar with the matter told Euraactive. Meanwhile, Euraactive has learned that the European Commission is looking for consulting firms to draft these codes. Codes of conduct are a key part of AI law, at least in the short to medium…
A new report has found that Dublin is the second most expensive city in Europe to build an apartment in. A study of construction costs compiled by the Society of Chartered Surveyors Ireland (SCSI) and Trinity College Dublin found that the cost of building an apartment in Dublin is €2,363 per square metre, just over €300 higher than the average for the 10 cities assessed in the report.The Irish capital’s costs were only surpassed by Zurich in Switzerland, where the cost per square metre was €2,866.However, it was more expensive than Manchester (2,238 euros), Stockholm (2,155 euros), Glasgow (2,123 euros),…
Our guide will be updated as soon as new strikes are announced in Europe. advertisementStrikes, in which employees refuse to work in order to demand better wages and working conditions, are common in Europe.Strikes are sometimes planned months in advance but sometimes announced at the last minute, which means it’s always worth checking before you travel.Luckily for you, we’ve compiled all the information about the strike below.Read on to find out when and where the strikes will take place.If your flight or train is cancelled or delayed, you may be entitled to a new ticket or compensation. Read our guide…
Discover the latest must-have gadgets at the forefront of tech innovation in our newly launched online store, featuring a host of cutting-edge products to cater to the needs of any tech enthusiast.From the sleek and stylish SkyView X20 to the powerful ThunderGrip Pro, our collection features leading brands collaborating to bring cutting edge features and functionality to each device.Improving your shopping experienceEnjoy a seamless shopping experience with exclusive perks, including the chance to earn bonus points on every purchase. Our “Rewards Exchange” program allows you to double or even triple your points, making your shopping experience not only rewarding but…