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11.12.25 - 22:54
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RBI eases rules tying cos to lending banks (Times of India)
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Businesses can now open current and overdraft accounts with more banks as the RBI has raised the loan threshold for restrictions to Rs 10 crore. This move offers greater flexibility, allowing companies to manage payments and collections across a wider banking network. The revised framework, effective April 1, 2026, aims to reduce dependence on single lending banks for many enterprises....
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11.12.25 - 22:12
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The town on the banks of the Nile that turned floods into fortune (The Guardian)
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After record flooding submerged Bor in South Sudan in 2020, the emergency response ended up turning it into a beacon of climate crisis adaptation The three friends fill yellow jerrycans and help each other lift them on to their heads for the short walk home. Nyandong Chang lives five minutes from the water kiosk and is here up to six times a day. “It's still hard work,” she says, “but at least nowadays water is available and clean.”Until last year, women and children in Bor, the capital of South Sudan's Jonglei state, faced a much tougher chore – going all the way to the filthy stretch of the White Nile that runs near the town to draw the family's drinking, washing and cooking water and carry it back. Continue reading......
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11.12.25 - 15:18
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ROUNDUP: EZB will Kapitalregeln für Banken vereinfachen (DPA-AFX)
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FRANKFURT (dpa-AFX) - Die Europäische Zentralbank macht sich für eine Vereinfachung der komplexen Kapitalregeln für Banken in Europa stark. Die Zahl der Anforderungen soll verringert werden, zudem regt die EZB die Einführung eines weitaus einfacheren ......
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11.12.25 - 01:06
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Less hype and more hardware: SenseTime banks on multimodal AI to regain its edge (SCMP)
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Chinese artificial intelligence pioneer SenseTime is betting that its roots in computer vision will help it lead the next phase of AI, as the industry shifts towards multimodal systems and embodied intelligence in the physical world, according to co-founder and chief scientist Lin Dahua.
In an interview with the Post on Wednesday, Lin said the company's long-standing expertise in vision-based AI put it in a strong position to become a leader in embodied intelligence, robotics and AI agents......
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