one of the residents in this technopark, the smart unit company is developing a digital system that helpsand monitor fires using security satellites, they said that it takes about 2 hours to process each fire. that is, it is for enclosing all the data, because it was necessary to use different systems. and now it's all done in one place. it is much easier, because the system, for example, automatically determines the number of the forest area there, the square where the composition of the forest is burning. fire, deterrents at a cost 4-6 times cheaper than foreign counterparts. it comes and goes out. the products do not contain harmful substances that, when burned, release carcinogens, plus it does not have a cumulative effect on nature. the composition includes, for example, nitrogen and phosphorus and plants perceive the means as fertilizer when the temperature reaches 220 and above degrees celsius then. and now he is beginning to actively oppose, and burning a year, when behind large-scale fires. in yakutia, the whole world watched in the twenty-second area of ​​\u200b\u200bignition wa

report from shortselling hindenburg research, which i'm to the company had inflated evaluations for assets. smart -- softbank's mobile unitlone of chatgpt. they employed about 1000 people to work on the tech at the company did elaborate on its process. this follows a weighing of u.s. and chinese companies in the race to create next-generation ai. that is the bloomberg business flash. coming up, u.s. treasury secretary janet yellen issuing a warning at the g7 meeting. we will bring you her comments next. this is bloomberg. ♪ tom: happy thursday and welcome back. we are 53 minutes into european trading day. another big day for the european central bank's, the boe set to hike by 25 basis points. gains of 0.6 percent across the european stoxx 600. futures in the u.s. also up 0.3%. a couple of individual stocks on the move. a solid set of results coming through from ing underscoring what is happening in these european banks in terms of benefits from higher interest rates and lower loan loss provisions. allianz coming through with an additional share buyback of 1.5 billion euros. a change at the top for man group, we have the f

smart mining, energy saving and systems for transporting hydrocarbons and recycling waste beijing oil and gas equipment exhibition participates in companies from many countries in the world, the unitedes europe middle east is the most understandable. from china and who is now primarily oriented company from china and it’s understandable, even from the stands of the legs of which specially in russian the russian piston and sleeve on this sign were printed for the moscow exhibition, which took place exactly a month ago, but they decided to leave the stand at during this time, we have become many times more russian clients and when asked if they are afraid of chinese companies of secondary sanctions for working with the russian oil industry, the answer is an unequivocal no, china is never afraid. now we are already actively e-e russian equipment products, such as e- material. moreover, some in siberia even have their own service centers and stop doing business. the chinese don't want it. it's for horizontal drilling, but it's not a new technology. many but reliable and proven , we have been producing this equipment for our chinese oil giants cnpc haymaking for 15 years. we work in russ

the company also said its board approved a spin-off of its cloud intelligence group it expects to complete the ipo of its smart logistics unit18 months. >>> still to come, theft on the rise and it's hitting the country's biggest retailers. we'll talk to matt shay on what's being done to address the problem. st tuned you're watchiiing "squawk box" and he this is cnbc ♪ (upbeat music) ♪ ( ♪♪ ) with the push of a button, constant contact's ai tools help you know what to say, even when you don't. hi! constant contact. helping the small stand tall. (vo) at viking, we are proud to have been named the world's number one for both rivers and oceans by travel and leisure, as well as condé nast traveler. but it is now time for us to work even harder, searching for meaningful experiences and new adventures for you to embark upon. they say when you reach the top, there's only one way to go. we say, that way is onwards. viking. exploring the world in comfort. >>> target's ce warned in commentary around first quarter earnings that the retail giant expect to lose over $500 million more in stolen and lost merchandise this year compared to la