The UN General Assembly on Tuesday decided to establish two new mechanisms to promote international cooperation on the governance of artificial intelligence, or AI.
The establishment of the UN Independent International Scientific Panel on AI and the Global Dialogue on AI Governance marks a significant step forward in global efforts to harness the benefits of the technology while addressing its risks.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.