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Business Secretary
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- 1Hong Kong positions itself as an AI governance model●Hong Kong can offer AI governance solutions for major economies: Paul Chan
Hong Kong Financial Secretary Paul Chan says the city can offer AI governance solutions to major economies. He argues Hong Kong's regulatory approach and experience with emerging technologies position it as a useful reference point as governments worldwide grapple with how to oversee artificial intelligence development.
- 2Business groups warn Healey against minimum wage rise●Business groups are warning John Healey against raising the minimum wage too far; but we've heard such warnings so often
UK business groups are warning Defence Secretary John Healey against raising the minimum wage too far, arguing increases would burden employers. Critics counter that such warnings accompany every proposed wage rise and the predicted damage rarely materialises, urging business leaders instead to show leadership by restraining top executives' pay rather than resisting better pay for low earners.
- 3Business Secretary warns Labour against customs union reentry●Business Secretary warns Labour against rejoining customs union
The Business Secretary has cautioned Labour against any move to rejoin the EU customs union, setting out a clear position in an internal debate over the party's post-Brexit stance. The warning signals tension within Labour over how closely to align with Brussels, as the government seeks to keep its options on trade and regulation open.
- 4Flights resume across Northeast after equipment outage●Flights resuming after equipment outage disrupts Northeast air travel: Duffy
Flights are resuming after an equipment outage disrupted air travel across the US Northeast, according to Transportation Secretary Sean Duffy. The outage affected operations in one of the country's busiest air corridors, causing delays and cancellations before service gradually returned to normal. Travelers are being advised to check with airlines as schedules recover.