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Banking giant to stop financing thermal coal

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Banking giant HSBC says it will stop financing thermal coal from funds it manages

According to reports from Reuters, the bank says it will cut down on thermal coal funding by at least 25 per cent by 2025.

Insiders believe there’s more than 300 companies that have more than 10 per cent of their revenue tied down to thermal coal.

Of course, it’s a cheap energy source that it used in many Asian countries.

But, as we know it is also responsible for climate-damaging emissions.

HSBC says it will consult with all affected companies in due course.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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ChatGPT creator releases tool to detect A.I. generated text

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OpenAI has released a software tool that can identify if text has been generated by artificial intelligence

The company behind the popular chatbot ChatGPT says it has trained a language model to distinguish between something written by a human, and A.I.

‘AI Classifier’ uses a variety of providers to address issues such as automated misinformation campaigns and academic dishonesty.

The detection tool is very unreliable on texts under one thousand characters, and AI-written text can be edited to trick the classifier.

Many schools across the world have already banned ChatGPT from being used for projects.

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Elon Musk asks court to throw case out

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Twitter CEO Elon Musk has asked a judge in the U.S. to throw out a case against him

 
The suit claims Musk’s delayed disclosure over his large stake in the social media giant defrauded shareholders, who sold out at artificially lower prices.

Musk says investors in the proposed class action have no independent right to obtain damages.

The CEO believes he properly disclosed his stakes in Tesla and the former SolarCity Corp on several occasions, as per requirements.

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Eurostar trains empty with Brexit leading to border delays

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Eurostar boss says peak trains are empty because of post-Brexit passport delays

You can perhaps understand why British residents are becoming increasingly frustrated by Brexit.

During peak hour in London, Eurostar trains are running across the Channel with hundreds of empty places.

Around 350 of 900 seats are normally left unsold on the first services between London, Paris and Brussels despite “huge demand”.

It’s all because border police can’t process passports quickly enough.

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