services

SEOUL, April 14 (UPI) — South Korea’s LG AI Research said Tuesday that it will work with local brokerage Kiwoom Securities and London Stock Exchange Group to develop AI agent services for retail investors.

Under the contract, the three parties aim to provide stock-specific forecast scores alongside easy-to-understand explanations on Kiwoom’s retail trading platform. They also plan to introduce AI-powered wealth management services.

Toward that end, LG AI Research plans to leverage its EXAONE-Business Intelligence system. LG said the system is built on four specialized AI agents — AI journalist, AI economist, AI analyst and decision-maker.

They are intended to collect real-time data, analyze it to forecast market trends and generate reports before evaluating various scenarios to produce final scores for stocks.

Established in 2020 as an affiliate of LG Group, LG AI Research focuses on developing cutting-edge AI technologies and addressing related challenges.

“For financial AI agents, explainability and reliability are just as crucial as accuracy,” LG AI Research chief Lim Woo-hyung said in a statement.

“EXAONE Business Intelligence is evolving into a practical AI system that supports human judgment as expert agents collaborate to perform tasks ranging from analysis and forecasting to report preparation,” he said.

London Stock Exchange Group senior executive Nicolas Falmagne said the three-way alliance would mark a turning point in creating greater value across the entire financial ecosystem.

LG AI Research is not publicly listed. The share price of LG Group’s holding company, LG Corp., edged down 0.11% on the Seoul bourse Tuesday. Those of Kiwoom Securities rose 4%.

Intel (INTC) has been in ongoing discussions with at least two large customers, including Amazon (AMZN) and Google (GOOG) (GOOGL), for its advanced packaging services, Wired reported, citing multiple sources.

Intel’s ambitions for its advanced packaging business depend largely on

A UK airline has scrapped some flights from mid-April to early June following the US and Israeli attacks on Iran, which has sent the price of aviation fuel soaring

A UK airline has cancelled flights due to the impact of the Iran war, while Ryanair is warning that up to 10% of services could be binned.

Aurigny of Guernsey has scrapped some flights from mid-April to early June following the US and Israeli attacks on Iran, which has sent the price of aviation fuel soaring, the Independent reports.

The airline, which links up the Channel Islands with the UK, described the cuts as “proactive measures to address the impact of global instability”, also adding a “temporary fuel adjustment surcharge” of £2 on all new bookings.

Demand for flights has fallen 13% in May, Aurigny has said, leading the airline to cancel some departures to and from Guernsey.

Aurigny’s chief commercial officer, Philip Saunders, told the Independent: “While a small island community, we are not immune from the realities presented by the global travel ecosystem. Current global events are impacting consumer confidence and changing travel behaviours. Furthermore, significant increases in global oil prices are now filtering through to aviation.

“Unfortunately, we have to pass on some of the resulting costs to customers to ensure sustainable air services to and from Guernsey.”

European jet fuel prices hit a record $1,900 per metric ton on Thursday, according to specialized publication Argus. It warned of potential shortfalls in the coming months.

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Argus project that Portugal could run out of jet fuel in four months, Hungary in five, Denmark in six, Italy and Germany in seven, and France and Ireland in eight.

Last week, the chief executive of Ryanair warned that the airline may not be able to run its full summer schedule due to the cost of fuel if the Strait of Hormuz remains closed.

Michael O’Leary predicts that European airlines will begin canceling scheduled flights “by the end of April” if the key shipping lane is not opened.

“The Strait of Hormuz has been closed for 30 days. If it remains closed for 60 or 90 days, then we’re all facing an unknown scenario, and we are certainly looking at maybe having to cancel 5%–10% of flights through May, June and July,” he told ITV.

O’Leary explained that airlines won’t be able to choose which routes to cancel as cuts will depend on which airports suffer fuel shortages.

Later speaking to SkyNews, the Ryanair boss added: “Fuel suppliers are constantly looking at the market. We don’t expect any disruption until early May, but if the war continues, we do run the risk of supply disruptions in Europe in May and June, and we hope the war will finish sooner than that and the risk to supply will be eliminated,” he told Sky News.

“We think there is a reasonable risk, some low level, maybe 10% to 25% of our supplies might be at risk through May and June, so like everyone else in this industry, we hope the war ends sooner rather than later.

“If the war finishes by April and the Strait of Hormuz reopens, then there is almost no risk to supply.”

Pope Leo washed the feet of 12 priests in a Holy Thursday ritual, using the moment to urge Catholics to stand with the oppressed. His remarks come after he criticised the Trump administration on the Iran war and called for an end to the fighting.

RAIL commuters will face a number of disruptions as the UK’s busiest train station is hit with a series of closures this month.

Scheduled works will be carried out on select weekend days throughout the remainder of March, beginning tomorrow.

Anyone planning to travel through Liverpool Street Station in London tomorrow may want to double check their plans.

Network Rail has revealed “vital maintenance, renewals, and repairs” for the bustling hub, impacting all routes and services to and from the station. 

Liverpool Street’s mainline station, which sees approximately 98 million commuters annually, is set to shut for five weekend days, during which its concourse will also be closed.

These closures will impact Elizabeth line and London Overground, as well as National Rail services, including Greater Anglia and c2c.

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While the station itself will undergo roof drainage repairs, work will also be carried out relating to track drainage and maintenance, as well as vegetation management and litter clearance along railway lines.

Commuters can expect disruptions on the following dates:

Sunday, March 15

The entire station will be closed on this date, with London Overground services running from London Fields instead.

Elizabeth line services will continue to run, though commuters are advised there will be no access to the main concourse on this date.

Saturday, March 21 – Sunday, March 22

Again, the entire station will be closed for both these dates, with Elizabeth line services continuing to run on Saturday, March 21, with no access to the main concourse.

On Sunday, March 22, there will be no Elizabeth line trains running.

There will also be no Overground Weaver line trains on either of these dates.

Saturday, March 28 – Sunday, March 29

Liverpool Street Station will again be closed for both these dates, while Elizabeth line services continue to run throughout the weekend.

Again, there will be no access to the main concourse on these dates.

There will also be no Overground Weaver line trains running throughout the weekend.

To avoid travel disruptions, rail passengers are advised that rail replacement buses will operate between Stratford and Romford, and between Newbury Park and Shenfield tomorrow.

And before 9.50am, buses will replace trains between Seven Sisters and Enfield Town/Cheshunt and Hackney Downs and Chingford.

Check the Network Rail website for further details on replacement services throughout March.