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IPL Advertisers Under Pressure as Reliance Touts 'Brain Mapping'

Reliance, the Indian media giant merged with Disney, aims to lure advertisers into boosting its revenues from the IPL by promoting unconventional neuroscience studies. The pricey broadcast rights for the Indian Premier League and other cricketing events are set to weigh big on the merged group. Reliance is holding a month of closed-door seminars in seven Indian cities to woo small companies to become IPL advertisers.

US Plan to Toughen Semiconductor Curb Will Backfire

The US plan of coercing other countries into going after China's semiconductor industry will backfire, according to China's foreign ministry, which warns that such actions will hinder development of the global semiconductor industry. The US move is seen as a bid to counterbalance China's growing technological prowess, but experts argue that it will ultimately harm the industry as a whole. The plan also raises concerns about the potential for trade wars and their impact on the global economy.

Bitcoin Prices Plummet Below $90,000 as Crypto Selloff Gathers Steam

Bitcoin prices have fallen below $90,000 to reach their lowest point since mid-November, as the rally sparked by Donald Trump's election has reversed under the weight of his trade tariffs and a string of industry setbacks. The recent turmoil in digital assets is a stark shift from the risk-on rally that drove crypto markets higher following Trump's election in early November. Bitcoin has tumbled almost 20% since his January inauguration, as concerns about elevated inflation and the safety of digital-asset platforms linger.

South Korea Highway Construction Project Collapse Claims At Least Four Lives

At least four people died and six were injured on Tuesday after a collapse at a highway construction site in an area south of the South Korean capital, Seoul. Acting President Choi Sang-mok called to mobilise all available personnel and resources to rescue any missing people and to ensure safety measures to prevent further damage. The National Fire Agency has mobilised three helicopters and nearly 150 officials for the search and rescue operation.

Unilever Faces Battle to Reduce Plant-Based Meat Exposure

Unilever may struggle to attract buyers for its plant-based meat business due to falling consumer demand and a broader trend towards fresh produce. The company had hoped to replicate the success of industry leaders Beyond Meat and Impossible Foods, but has now reduced its exposure to products which are no longer favored by consumers. Unilever's plan to sell its plant-based meat business is complicated by the challenges in pricing these products competitively.

trip.com Group Ltd (Tcom) Sees Strong Revenue Growth Amid Travel Boom

Trip.com Group Ltd has reported a 23% increase in net revenue for Q4 2024, driven by robust international business and AI advancements. The company's strong performance is reflective of the growing demand for travel services amidst the ongoing global recovery from the pandemic. Trip.com Group's focus on leveraging technology to enhance customer experience has been particularly successful.

Unilever ousts CEO Schumacher, finance chief to replace him

Unilever has ousted its CEO Hein Schumacher and replaced him with finance chief Fernando Fernandez, who will take over the challenging task of reviving the consumer group's performance. The sudden departure of Schumacher after less than two years in the job led to a sharp decline in Unilever's shares, which fell as much as 3.4% on Tuesday. Fernandez, who has been with Unilever for over 30 years, was seen by the board as the right person to execute the company's strategy.

Modular Hardware for Laptops: Upgradeable and Repairable Devices

Framework's innovative approach has led to a shift in consumer electronics design, with companies now prioritizing upgradability and repairability over traditional recycling. This move aims to reduce electronic waste and increase device longevity. As more companies adopt this approach, the industry is poised for significant change.

Russia will not return to the G7

The Group of Seven nations has made it clear that Russia's actions warrant condemnation, and German Finance Minister Joerg Kukies has confirmed that Moscow is unlikely to be readmitted to the group despite US President Donald Trump's request. This stance reflects the ongoing tensions between Western nations and Russia over its involvement in Ukraine. The G7's decision will likely have significant implications for global economic cooperation.

Summit Therapeutics Inc (Smmt) Faces Clinical Trial Uncertainty

Summit Therapeutics Inc has a strong financial foundation, with approximately $412 million in cash reserves and debt-free status, but faces challenges in advancing its clinical trials, particularly the HARMONi-3 trial, which is uncertain regarding timing due to ongoing site activations. The company's R&D expenses increased significantly, reflecting the expansion of clinical trials, while Ivonescimab has shown strong interest and recognition in the medical community. However, the competitive landscape in non-small cell lung cancer is intense, with multiple ongoing Phase III studies by other companies.

AMD RX 9070 XT Overclocking Potential Revealed

An overclocked AMD Radeon RX 9070 XT was apparently able to manage a sizeable overclock over its alleged 2,970 MHz boost clock, all with a mere 25 W increase in power draw. While this is impressive on its own, it may be an indication that there is more still to come. The AMD Radeon RX 9070 XT GPU is slated to launch later this month, and preliminary data indicates that the GPU core will top out at 2,970 MHz boost clock.

DOLLAR RECOUPS LOSSES ON RENEWED TARIFF WORRIES

The dollar edged up slightly on Tuesday after falling to its lowest in more than two months at the start of the week, buoyed by safe-haven flows. The firmer dollar left the euro off a one-month high at $1.0476, with future gains in the single currency likely to hinge on how soon a coalition government can be formed in Germany. Trump's tariff deadline nears, stoking nerves.

Asian shares Slide Due to US Investment Curbs on China, Euro Gain Fades

Asian shares slid on Tuesday amid concerns about U.S. investment curbs on China, while a run-up in the euro faded as investors wait for Germany to sort out the formation of its new government. The Nikkei fell 1.3%, shares of Japanese trading houses surged, and Alibaba declined 3.2% after its U.S.-listed shares tumbled overnight. Investors are cautious ahead of results from Nvidia, where options point to a share price move of about 8%. Europe is set to open flat, with pan-European STOXX 50 futures little changed.

US Households to Pay $170 If Oil Tariffs Imposed

A potential US tariff on oil imports would hand consumers a $22 billion bill as higher costs get passed on, while doing little to stimulate domestic crude production, according to Goldman Sachs Group Inc. The levy would be equivalent to a cost of $170 per household if implemented, with average retail gasoline prices increasing by 7 cents a gallon. Global commodity markets including oil have been rattled since Donald Trump was sworn in last month, as the president presses home an aggressive series of moves to shake up the global trading system.

The Future of Disney’s Streaming Strategy

HighlightsDisney is finally finding its footing in the streaming industry.Donald Duck and Pluto will star in ESPN's new NBA animated series, 'Mickey Mouse Meets Victor Wembanyama'.Disney has announced a new streaming bundle that will include Disney Plus, Hulu, and Max starting this summer.

Indonesia, Apple agree on terms to lift iPhone 16 ban

Indonesia and Apple have agreed on terms to lift the country's ban on iPhone 16s and could sign a deal as early as this week. Indonesia banned the iPhone 16 in October after Apple failed to meet requirements that smartphones sold domestically should comprise at least 35% locally-made parts. This agreement comes amid efforts by Apple to comply with local content regulations.

Resurgence of Germany’s Left Exposes Fragmented, Polarised Electorate

The recent national election in Germany has seen a notable resurgence of the far-left Left Party, which garnered 8.8% of the vote, alongside a historic 20.8% for the far-right Alternative for Germany (AfD). This trend highlights a significant shift in political allegiance, particularly among younger voters and in eastern regions, as traditional centrist parties struggle to maintain their influence. The rise of fringe parties complicates governance, as their combined strength may obstruct necessary constitutional reforms, reflecting a deeply fragmented and polarized electorate.

Crypto Trading Booms in India's Smaller Cities as Job Growth and Incomes Disappoint

The cumulative trading volumes of bitcoin, ethereum, dogecoin, and other cryptocurrencies on four of its largest exchanges have more than doubled quarter-on-quarter to $1.9 billion in the October-December quarter, driven by smaller cities. Many young Indians are dabbling in crypto trading to supplement their regular income due to stagnant job growth and pay increases. The Indian crypto market is expected to grow to over $15 billion in 2035 at a compound annual growth rate of 18.5%.

Challenging Diversity Programs Amid Backlash

Apple shareholders are expected to reject an attempt to pressure the company into scrapping its corporate programs designed to diversify its workforce. The proposal, drafted by the National Center for Public Policy Research, argues that these initiatives expose Apple to potential lawsuits and reputational risks. However, Apple has steadfastly defended its diversity efforts, citing their integral role in driving business success.

The Annuity Market Sees Surge in Sales Amid Rising Interest Rates

Annuities are experiencing a resurgence in popularity after years of decline, with recent industry data showing sales reaching a 10-year high. The market's revival can be attributed to rising interest rates, which have improved the income offerings on annuities. This increased certainty is crucial for retirees planning their long-term income.

Thousands of First-Time Buyers Face £11,250 Stamp Duty Hike as Deadline Looms

As the UK government's stamp duty holiday comes to an end at the end of March, hundreds of thousands of first-time buyers are set to miss the deadline, facing significant financial losses due to delayed home completions. The current system is expected to disproportionately affect a small but crucial group of first-time buyers who purchased homes priced above the current threshold, with some potentially facing up to £11,250 in additional taxes. This impending financial burden highlights the need for urgent attention from policymakers to address the root causes of these delays.

Buffett’s Bet Sparks Surge in Japan Trading House Shares

Japanese trading houses, including Mitsubishi Corp. and Marubeni Corp., rallied on Tuesday after Berkshire Hathaway Inc.’s plans to increase holdings were seen a stamp of approval for the sector, as the conglomerate's bet pays off with shares surging to their highest level in over a year. The announcement marked a significant reversal from Buffett's initial investment stance in 2020, when he agreed to keep his holdings below 10%. Berkshire Hathaway's interest in Japan's trading houses is seen as a vote of confidence in the sector's resilience and potential for growth.

China's Home Prices to Drop Further, Recovery Not Expected Until 2026: Reuters Poll

A recent Reuters poll indicates that China's home prices are projected to decline by 2.5% in 2025, with a slow recovery anticipated by 2026. Despite government efforts to stimulate demand, the property sector continues to grapple with structural challenges such as high housing inventory and low affordability. Analysts suggest that the recovery will be uneven, with major cities stabilizing sooner than lower-tier cities, which may face prolonged price declines.

Financials and Auto Stocks Help Indian Benchmarks Eke Out Minor Gains

India's benchmark indexes rose marginally on Tuesday, helped by heavyweight financials and auto stocks, although losses in metals and global uncertainty around U.S. tariffs kept investors on the edge. Financials (.NIFTYFIN) gained 0.3% after shedding 2% over the last three sessions. Auto stocks (.NIFTYAUTO) rose 0.7%, propelling up the benchmarks.

AI-Powered Blood Test Predicts Diseases 15 Years Before Symptoms Appear

A groundbreaking AI-powered blood test can predict the likelihood of certain diseases up to 15 years before symptoms appear. This technology uses artificial intelligence to detect early warning signs in plasma, paving the way for much earlier diagnoses of issues like Alzheimer’s and heart disease. The test's affordability and accessibility could revolutionize healthcare, enabling regular screenings for middle-aged and older adults.

A Sea of Red as US-China Tech War Intensifies

The day ahead in European and global markets is marked by a sea of red as investors grapple with the risk posed by the U.S. intensifying its technology war with China. Investors are questioning whether massive spending on AI is justified, and market participants have now fully priced in the prospect of the Federal Reserve lowering its policy interest rate by 50 basis points this year. The sell-off has abated as investors chose to buy the dip given that stock's recent world-beating rally.

China Aims to Eliminate Severe Air Pollution This Year

China aims to effectively eliminate severe air pollution by the end of 2025, a senior environment official said, as authorities ramp up efforts in pollution control and emissions reduction in the "battle for blue skies." China will improve its air quality forecasting and early warning systems and enhance coordinated management of harmful airborne particles known as PM2.5, as well as ozone pollution. The country must introduce new emission standards that align with global best practices.

Fyre Festival 2 is coming, and it already sounds bananas (and not in a good way) | TechCrunch

The highly anticipated return of Fyre Festival 2, scheduled to take place in Isla Mujeres, Mexico from May 30 to June 2, has raised eyebrows due to its exorbitant ticket prices and lack of confirmed artists. Despite the original event's disastrous reputation, promoting a brand with such high stakes can be an effective marketing ploy for Billy McFarland, who managed to charm his way into influencer circles in 2017. The festival's resurgence may prove that some people are willing to forgive past mistakes for the sake of being part of a trendy movement.

Woodside Looks to Louisiana LNG to Become Global Powerhouse

Woodside Energy Group Ltd. is preparing to give the go-ahead for its Louisiana LNG project as Australia’s biggest natural gas producer looks beyond its core markets in Asia. The company aims to become a more globally impactful LNG player by securing a material presence in the Atlantic Basin, particularly with European consumers. Woodside's CEO Meg O'Neill stated that the company is "in the process of bringing partners into that development" and wants to make a final decision from this quarter.

US Stocks Sag Amid Trade Worries

US stocks sagged Tuesday amid growing concerns over US-China trade friction, which weighed on the outlook for the region. The S&P 500 dipped 0.5% to 5,983.25, while the Dow Jones Industrial Average added 0.1% to 43,461.21. Starbucks rose 1.3% after announcing plans to cut 1,100 corporate jobs and leave several hundred more positions unfilled.

Omega Unveils Seamaster Diver 300M in Bronze Gold and Burgundy Shade

The Omega Seamaster Diver 300M has been introduced in a new bronze gold and burgundy shade in the US. The successor to the 007 Edition 300M features a 42 mm bronze gold case with a matte black dial, an Omega Co-Axial Master Chronometer Calibre 8806, and 300 m (~1,000 ft) water resistance. This Swiss luxury watchmaker has launched its latest diving watch, which comes as a successor to the 007 Edition 300M.

Vietnam's Us Exports Account for 30% of Gdp, Making It Highly Vulnerable to Tariffs

Vietnam's goods exports to the United States accounted for 30% of its gross domestic product last year, making the country highly vulnerable to reciprocal tariffs. The nation's reliance on U.S. trade has been fueled by a surge in foreign investment after the first Trump administration started a trade war with Beijing in 2018. Vietnam now directs 29% of its exports to the United States, with shipments worth $142.4 billion.

Bank of Korea Cuts Rates to Bolster Growth, Lowers GDP Forecast

The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia's fourth-largest economy from a restrictive monetary policy stance towards a neutral one to support growth. The central bank also lowered its inflation forecast steady at 1.9% for both this year and next. Governor Rhee Chang-yong said the additional cut is to respond to growth concerns amid deteriorating consumer sentiment and potential impact of U.S. tariff policies.

American Express Joins Alipay Digital Payment System in China

American Express and Alipay have announced a partnership allowing all global American Express card members to link their cards to the Alipay digital wallet, providing payment options at tens of millions of merchants across mainland China. This move aims to simplify transactions for travelers and open up new opportunities for local businesses to attract international customers. The collaboration benefits both consumers and merchants by expanding payment options and increasing cross-border trade.

Beeper Redesigns Desktop and iOS Apps

Beeper, a multi-service messaging app owned by Automattic, is releasing redesigned desktop and iOS apps in beta after merging it with Texts.com. The new set of apps are faster and less battery hungry, with features such as on-device encryption for better privacy and security. The company aims to provide an easy way for users to migrate from the old app to the new ones.

Poland Scrambles Aircraft After Russia Launches Strikes on Ukraine

Poland has activated its military aircraft to ensure the safety of Polish airspace following Russia's launch of air strikes targeting western Ukraine, prompting widespread air raid alerts across the country. The Operational Command of the Polish armed forces said Tuesday that the steps taken are aimed at ensuring security in the regions bordering the areas at risk. The activation is a response to increased tensions between Russia and Western countries over Ukraine.

Trump team seeks to toughen chip controls over China, Bloomberg News reports

The Trump administration is planning to impose stricter semiconductor restrictions on China, expanding the Biden administration's efforts to limit Beijing's technological prowess. U.S. officials are meeting with Japanese and Dutch counterparts to restrict Tokyo Electron engineers from maintaining semiconductor gear in China, while also aiming to further restrict Nvidia chip exports without a license. The move aims to align key allies with the U.S. in imposing restrictions on China, similar to those placed on American chip gear companies.

Amd Radeon Rx 8050s - Benchmarks and Specs

The AMD Radeon RX 8050S is a powerful integrated graphics unit that offers raw performance comparable to the Nvidia GeForce RTX 4060 laptop GPU, making it capable of handling demanding games. With its 32 CUs based on the RDNA 3.5 architecture, the iGPU provides excellent performance for graphics-intensive tasks. The AMD Radeon RX 8050S is expected to be a significant upgrade over previous models in the Strix Halo APU series.

Qualcomm Snapdragon 8 Elite for Galaxy Processor

The Snapdragon 8 Elite for Galaxy is a high-end SoC that surpasses previous generations with its second-generation Oryon CPU, offering improved performance and efficiency. The processor features a unique architecture, with flexible and efficient performance cores, a redesigned Adreno GPU, and a Hexagon NPU providing enhanced AI capabilities. The integrated Snapdragon X80 Modem-RF 5G system enables fast data transfer rates of up to 10 GBit/s.

Canada Liberal Leadership Debate Dominates Trump Threats

The first debate of the Canadian Liberal Party leadership race saw candidates frequently address US President Donald Trump's threats to Canada, with many calling for a stronger stance against his administration. The debate highlighted the growing concern among Liberal leaders about how to counter Trump's aggressive rhetoric and policies. The event demonstrated the party's divisions on various domestic issues.

Elon Musk Seeks to Use Starlink Terminals in US Airspace System

The Federal Aviation Administration is considering deploying Elon Musk's SpaceX Starlink satellite internet terminals to accelerate an upgrade of its information technology networks supporting the national airspace system. The effort aims to provide more reliable weather information at remote sites, including in Alaska, but raises questions about conflicts of interest for Musk's business empire and the future of a $2 billion contract awarded to Verizon Communications Inc. in 2023. This initiative would extend Musk's reach into the FAA, potentially overlapping with his broad effort to reshape the US government.

Canada's Trudeau Succession Crisis Takes Center Stage

The leading candidates vying to replace Canadian Prime Minister Justin Trudeau spent considerable time during a televised debate on Monday discussing the need to stand up to U.S. President Donald Trump, highlighting the country's economic vulnerability and the importance of maintaining its sovereignty. The next election must be held by October 20 this year, with the Conservatives previously seen as a strong contender before Trump's threats intensified the race. Trudeau's resignation last December triggered a crisis that forced him to announce his departure, paving the way for one of these four candidates to take over.

Building Ties Before Peace Talks in Ukraine

Europe's participation in Ukraine peace talks will be necessary eventually, but Russia wants to build trust with the US first. Putin said that a deal to end the conflict may still be far off, despite ongoing negotiations between the two countries. The Russian president emphasized the importance of establishing trust between Moscow and Washington before discussing settlement options.

US Imposes Threat of Tariffs on Vietnam's $142 Billion Goods Exports

Vietnam is facing significant pressure from US President Donald Trump, who has announced plans for tariffs that could hit all of the country's goods exports to its top market, worth last year more than $142 billion. The Southeast Asian nation has one of the largest surpluses with the US and meets several criteria for potential reciprocal tariffs, prompting Vietnamese officials and foreign companies to take the threats seriously. In response, Vietnam is considering various measures to avoid or mitigate the impact of these tariffs.

DBS Singapore Adopts Artificial Intelligence Amidst Workforce Reduction

DBS Singapore, the country's largest bank, plans to reduce its workforce by 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. The bank expects to create around 1,000 new AI-related jobs, with permanent staff not expected to be affected by the cuts. DBS has been working on AI for over a decade and currently deploys over 800 AI models across 350 use cases.

Verdict on the Xiaomi Poco X7: Solid everyday smartphone despite low price

The Xiaomi Poco X7 is a solid smartphone that delivers quality performance at an affordable price point. With its AMOLED display, triple camera setup, and long-term Android update promises, it's a great option for those looking for an everyday phone without breaking the bank. The device's mid-range performance, courtesy of the MediaTek Dimensity 7300 SoC, may not be suitable for graphically demanding tasks, but it should handle most daily activities with ease.

US Secret Service Agent Clint Hill Dies Aged 93, Burden of Guilt Haunted Him for Decades.

Clint Hill spent decades blaming himself for Kennedy's death before re-evaluating his role. He later became a bestselling author, but the trauma he experienced during the assassination led him to retire early from the agency in 1975. Hill met journalist Lisa McCubbin in 2009 and collaborated on a series of books.

Boost Fertility Rates with Earlier Marriage Age?

China adviser pushes to lower legal marriage age to 18 to boost fertility chances in the face of a declining population and "unleash reproductive potential". China's population fell for a third consecutive year in 2024, as marriages plummeted by a fifth, the biggest drop on record. The country's demographic downturn is largely attributed to its one-child policy imposed between 1980 and 2015.

Tesla Prepares to Deploy Long-Awaited FSD Features in China

Tesla is readying a software update for customers in China to offer driver-assistance capabilities similar to those marketed as Full Self-Driving, allowing vehicles to guide to exit ramps and intersections, and recognize traffic signals, make turns, and handle changing lanes and speeds. The update aims to resolve challenges faced by the company in deploying FSD in China due to regulatory limits on training its system to handle local roads. Tesla plans to deploy this update to customers who have paid for the feature.

Affordable Oppo Enco Air 4i earphones supposedly reach battery life of 54 hours

The Oppo Enco Air 4i is said to offer decent sound at an affordable price, with a long battery life that justifies its low price point. To make the low price possible, Oppo has had to sacrifice advanced features such as active noise cancellation or hi-fi codecs. The earphones are completely wireless and IP55-certified for protection against rain and sweat.