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Archive: 2025-03-04 (566) - Page 10/12 (50)

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Finland's Intelligence Service Closely Watches US Russia Position

Finland's security and intelligence service Supo is closely watching how U.S. intelligence positions itself towards Russia under the Trump administration, with Finns concerned about potential shifts in U.S.-Russia relations that could impact Finland's national security. Supo has named Russia as the biggest threat to Finland since joining NATO in 2023, amidst a growing war in Ukraine. The agency is also monitoring how changes in U.S. policy affect its own intelligence cooperation with Western allies.

UK's Abrdn Renames Itself 'Aberdeen' In Strategy Revamp

Abrdn has announced a return to its original name 'Aberdeen' as part of a broader strategy overhaul aimed at boosting profits and revitalizing its brand image after a previously criticized rebranding. CEO Jason Windsor revealed ambitious targets to increase operating profit by 18% over the next two years, a move that has already resulted in a significant rise in share value. The company is also searching for a new chair and remains focused on its core business areas despite pressures from larger competitors.

Russia Says Normalising Ties with US Will Require Lifting Sanctions on Moscow

Normalisation of Russia-US relations necessitates the removal of imposed sanctions, according to Kremlin spokesman Dmitry Peskov. This stance underscores the Kremlin's long-standing opposition to economic penalties for alleged wrongdoing. The Russian government views sanctions as an "illegal burden" hindering diplomatic efforts.

Greggs' Sales Top £2bn After Pizza, Wedges and Chicken Goujons Push.

Greggs has surpassed £2 billion in revenue, attributed to a successful expansion of its menu that includes pizzas, chicken goujons, and potato wedges, indicating a strategic shift away from its traditional offerings. Despite this growth, the company faces challenges due to rising living costs and increased employer National Insurance contributions, leading to a cautious outlook for the upcoming year. The firm continues to adapt by opening new locations and enhancing its digital sales, positioning itself for sustained growth amidst a changing retail landscape.

China and Canada Hit Back as Trump Tariffs Kick In.

Canada, Mexico, and China have announced plans to retaliate against newly imposed U.S. tariffs, with Canada pledging 25% tariffs on $150 billion worth of U.S. goods. The tariffs, which include 25% on Canadian and Mexican goods and 20% on Chinese imports, have spurred fears of a trade war, resulting in a decline in global stock markets. Analysts warn that these tariffs could lead to increased prices for U.S. households and ripple effects on consumers worldwide.

Twitch Creators 'Taking Live Stream Death Threats Very Seriously'.

Three US Twitch streamers say they're grateful to be unhurt after a man threatened to kill them during a live stream. The incident occurred during a week-long marathon stream in Los Angeles, where the streamers were targeted by a man who reappeared on their stream and made threatening statements. The streamers have spoken out about the incident, highlighting the need for caution and awareness among content creators.

HSBC Kicks Off Search for New UK CEO

HSBC has kicked off a process to find a new CEO for its UK business after appointing Ian Stuart to a newly created role in charge of customer engagement and culture, the bank said on Tuesday. The move is part of the lender's transition to a "simpler, more dynamic, agile organisation" by operating through four key businesses, HSBC said in a statement. This leadership change follows a series of senior management departures and coincides with the six-month anniversary of Georges Elhedery's accession to the bank's top job.

Instant Cameras Get a Fresh Face with New Colors and Features.

Polaroid's latest instant camera refresh brings third-gen models Now 3 and Now 3+, boasting improved autofocus, better-exposed prints, and sharper focusing. The new colorways are set to hit stores in March 2025, made from 40% recycled materials. Existing fans of the series can expect little change from previous versions, with both cameras retaining familiar designs.

Guinea-Bissau President to Run for Second Term, Backtracking on Vow to Step Down

Guinea-Bissau's President Umaro Sissoco Embalo has announced his candidacy for a second term in November, contradicting previous commitments to step down, which is likely to exacerbate political tensions regarding the timing of elections. The opposition argues that his current term expired in February, while the Supreme Court has declared it runs until September. Embalo's decision follows postponed elections originally set for November 2024, creating uncertainty in a country historically plagued by political instability and coup attempts.

How Officials Are Reacting to Trump Pausing Military Aid to Ukraine.

U.S. President Donald Trump's decision to pause military aid to Ukraine has sparked a wave of criticism from various officials, highlighting growing concerns over Russia's potential aggressions. Prominent voices, including U.S. Senator Jeanne Shaheen and Ukrainian officials, warn that this move undermines Ukraine's defense and emboldens Russian aggression. International reactions emphasize the need for continued support for Ukraine, stressing that halting aid could jeopardize peace efforts and regional security.

Eu Emission Targets Softened for Cars: Stellantis Welcomes Announcement

Stellantis has welcomed the European Commission's proposal to soften the bloc's carbon emission targets for cars, which will give automakers three years instead of one to meet new CO2 emission standards. The extended compliance period is seen as a "meaningful step in the right direction" to preserve the auto industry's competitiveness while reducing its environmental impact. This move is expected to provide a boost to Stellantis and other European automakers, enabling them to invest more in electrification and reduce their greenhouse gas emissions.

Are Tri-Foldable Phones the Next Big Thing? I Tried One From an Upstart Brand.

The Tecno tri-fold phone is a game-changer in the world of foldable devices, offering a unique form factor and impressive features at an affordable price point. With its 6.48-inch outer screen size, 10-inch display when folded, and LTPO OLED screen, this device is a serious contender in the market. The company's commitment to innovation and affordability makes it an exciting prospect for consumers.

Aramco Signals Sharply Lower Dividends After 2024 Profit Drop.

Aramco's 2024 profit drops over 12% to $106.2 billion, signaling nearly 30% lower dividends for 2025, as average realised oil prices fell to $80.2 in 2024. The company has long been a cash cow for the Saudi state, but this year's dividend cut may indicate a shift in the kingdom's fiscal strategy. As Aramco continues to invest heavily in its future, the reduced payouts may also signal a more conservative approach to cash management.

GOP Lawmakers Turn up the Heat on Fed as They Question Dual Mandate

The Federal Reserve is facing intense scrutiny from GOP lawmakers, who are questioning the central bank's dual mandate of maintaining price stability and ensuring maximum employment. The House's Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force will hold its first hearing to discuss whether the Fed should focus more exclusively on fighting inflation. Democrats tend to favor maximum employment, while Republicans emphasize the fight against inflation.

Bill-Splitting App Cino Raises €3.5m as It Seeks to Disrupt Traditional Payment Methods.

Cino, a European startup that has developed a real-time shared payment app, has raised €3.5m in a Seed funding round led by London's Balderton Capital. The company aims to expand its user base and disrupt traditional payment methods with its innovative approach to bill-splitting, which allows users to split bills and pay their share directly from their preferred bank account or wallet. By leveraging the network effect and providing a seamless user experience, Cino is poised to challenge existing players in the bill-splitting space.

Hands On: I Tried the Jabra PanaCast 50 - See What I Thought of This Big Conferencing Solution

The Jabra PanaCast 50 is designed to enhance the video conferencing experience with its triple 13MP 4K camera and an impressive 180° horizontal field of view, ensuring comprehensive coverage of meeting spaces. Its advanced features include speaker tracking, automatic digital zoom, and remote management capabilities through the Jabra Xpress portal, providing a seamless solution for hybrid work environments. While excelling in video and audio quality, it faces competition from other products in the market but stands out for its robust analytics and management tools.

EU Commission Proposes 800-Billion-Euro Defence Plan.

The European Commission has proposed a new joint EU borrowing of 150 billion euros ($157.76 billion) to lend to EU governments for defense as part of an overall 800 billion total financing effort, with the aim of boosting Europe's defense capabilities. The proposal includes measures to reduce costs and increase interoperability among member states, and to address other needs such as cyber security and military mobility. EU leaders will discuss the proposal at a special summit devoted to defense spending on Thursday.

Hands On: I Tried Fedora Linux 39 - See What I Thought About This Lightweight Distro

Fedora Linux 39, released in November 2023, is a lightweight and visually appealing operating system that builds on its strong foundation as a primary source for Red Hat Enterprise Linux. The review highlights its user-friendly installation process, minimal pre-installed applications, and the advantages of using the Wayland display server for enhanced security and performance. With various desktop environments available and a solid package management system, Fedora 39 caters to both newcomers and experienced users looking for flexibility and efficiency.

Toymakers Brace for Trump Tariffs: 'It's Killing Our Mojo'.

The announcement of a 20% tariff on toys made in China has left toymakers reeling, as they scramble to adjust their pricing strategies amidst rising costs. Many businesses, already operating on thin profit margins, are forced to reconsider their growth plans and pricing models to absorb the financial impact of the tariffs. The Toy Association is advocating for exemptions, warning that price increases could alienate consumers already frustrated by inflation in recent years.

Hedge Fund Secrets: Unlocking Alpha in AI Stocks.

NVIDIA Corporation's (NASDAQ:NVDA) recent price target hike by Morgan Stanley highlights the growing interest in AI stocks among institutional investors. The company's dominance in the graphics processing unit (GPU) market and its expanding presence in the artificial intelligence (AI) space have made it a top pick among hedge funds. As AI continues to transform industries, NVIDIA is poised to reap significant benefits from its innovative technologies.

Hands On: I Tried the Debian with Raspberry Pi Desktop - Read What I Thought of It.

Debian with Raspberry Pi Desktop offers a lightweight and responsive operating system that appeals to purists, though newcomers may find it challenging. While the PIXEL interface provides essential features for a streamlined experience, the absence of some modern conveniences may hinder usability for less experienced users. Despite its outdated components, the distribution remains a viable option for repurposing older hardware and maintaining consistency across different devices.

US Stocks Face Tricky Moment as Trump's Latest Tariffs Loom

U.S. stocks face a tenuous moment with the arrival of President Donald Trump's latest tariffs, which are expected to exacerbate concerns about growth and potentially cut into corporate profits. The duties on foreign imports are widely seen by analysts as likely to increase inflation, but investors are still trying to weigh the extent to which the president is using tariffs as a bargaining tool or if they will be lasting policies. Tariffs could pose challenges for companies by complicating supply chains or driving costs higher, leading to potential price increases for consumers.

A Cheaper Wi-Fi 6 Router Could Be All You Need.

The D-Link Eagle Pro AI R32 is a budget-friendly Wi-Fi 6 router that delivers excellent performance over short distances and at a fraction of the cost of similar routers. With speeds of up to 800Mbits/sec on the 2.4GHz band and a maximum speed of 2.4Gbits/sec on the 5GHz radio, this router is perfect for basic connectivity across a few rooms. Its simple setup process and range of features make it an attractive option for those who don't need advanced settings.

Mercedes-Benz to Cut Headcount, Lower Pay Increases Amid Cost-Cutting Drive

Mercedes-Benz has won agreement from its works council to offer buy-outs to staff and reduced planned salary increases by half, as part of a wider cost-cutting drive aimed at reviving earnings. The company plans to reduce production costs by 10% by 2027 and double that by 2030, with redundancies ruled out for production workers. Management has agreed to extend a job security guarantee until the end of 2034.

Zen 6 Medusa Halo iGPU Could Challenge Desktop GPUs with 20% More CUs and 50% Wider Bus.

The upcoming Zen 6-based Medusa Halo APU is expected to bring significant performance upgrades, with a potential 30-50% increase in CPU power and a 20-40% boost in iGPU capabilities. The increased CU count and wider bus could potentially challenge desktop GPUs, offering improved performance for gaming and content creation. AMD's Medusa Halo lineup may feature a mix of 256-bit and 384-bit APUs.

Trump's Crypto Reserve Plan Boosts Bitcoin Price, Standard Chartered Reaffirms $500,000 Target

President Donald Trump's announcement of a Crypto Strategic Reserve has sent shockwaves through the cryptocurrency market, with Bitcoin experiencing significant price fluctuations. The plan to create a reserve that would include various cryptocurrencies is expected to have a long-term impact on the market, potentially driving growth and institutional adoption. As investors continue to watch developments in this area, it remains to be seen how effectively Trump's policies will support the cryptocurrency sector.

Shell Overhauls Executive Team, Integrated Gas and Upstream Director to Leave

Shell has restructured its executive team as part of a broader effort to simplify its leadership structure, with the departure of long-time Director of Integrated Gas and Upstream Zoe Yujnovich. The changes aim to reflect the company's three primary business areas: Integrated Gas, Upstream, and Downstream, Renewables and Energy Solutions. This shift is part of Shell's strategy to increase agility and focus on high-return activities.

Finland's Secret Service Says Frequency of Cable Incidents Is 'Exceptional'.

Finland's intelligence service has reported an "exceptional" rise in cable incidents within the Baltic Sea, attributing these breaches to heightened regional tensions following Russia's invasion of Ukraine. While ongoing investigations are probing specific incidents, the chief of Finland's security agency emphasized that state actors possess more sophisticated methods for underwater sabotage than simple anchor dragging. The situation has prompted increased military vigilance from NATO, highlighting the strategic significance of underwater infrastructure amid concerns of a Russia-backed "shadow fleet" operating in the area.

Discounts Galore on Disney+ Premium: A Sweet Deal in Singapore

Disney Plus has announced a 40% discount on its annual Premium subscription in Singapore, with the offer available until March 31, 2025. The deal brings down the annual price from SG$189.98 to just SG$113.98, making it an attractive option for Disney fans. This promotion comes at a time when popular shows like Daredevil: Born Again and Moana 2 are set to release on the platform.

This Affordable Adobe Acrobat Alternative Just Got Cheaper

UPDF, a versatile PDF editing application, is now available for a lifetime subscription at a discounted price of $59.99, down from the regular $149. The software allows users to easily edit, annotate, and convert PDF files, making it a strong competitor against pricier alternatives like Adobe Acrobat. With added features such as OCR and cloud storage compatibility, UPDF streamlines the PDF handling process across multiple devices.

Dutch Startup QuantWare Seeks to Fast-Track Quantum Computing.

Dutch startup QuantWare, founded in 2020, is making strides in the quantum computing space with its vertical integration and optimization (VIO) technology, which aims to overcome scaling challenges in quantum processing units (QPUs). The company has raised €20 million in funding to expand its team and enhance its chip fabrication facilities, positioning itself as a key player in the European quantum ecosystem. QuantWare's approach focuses on commercial accessibility and the development of its own QPUs while collaborating with other startups to advance quantum technology.

Pope Resting, Back on Ventilation, After Respiratory Problems.

Pope Francis's recent respiratory setbacks have raised concerns about the pontiff's health, with double pneumonia being a serious infection that can cause significant distress. The Vatican has confirmed that the pope is continuing to rest and is expected to receive a full medical update on his condition later in the day. Despite several bouts of ill health over the past two years, Francis's doctors believe that his recent respiratory episode was part of his body's normal response to infection.

Trump Military Aid Pause Looks Like Attempt to Push Kyiv Towards Capitulation.

U.S. President Donald Trump's pause of all military aid to Ukraine has been described as a psychological blow and political blow upon the country, undermining its spirit in the face of ongoing conflict with Russia. The move comes after Trump adopted a more conciliatory stance towards Moscow, upending U.S. policy on Ukraine. The aid pause raises concerns about the authority of Trump's actions within government agencies under the U.S. Constitution.

Samsung Galaxy S26 and Galaxy S26 Ultra: Image Allegedly Shows Thinner Screen Edges.

Leaked images suggest that the Samsung Galaxy S26 series will feature significantly thinner screen edges compared to its predecessor, the Galaxy S25 Ultra. This design enhancement may enhance the aesthetic appeal of the devices, which are expected to be officially unveiled in January 2026. However, the leak does not provide information about potential changes to the overall design or specifications beyond the thinner bezels.

India's North-South Divide Over Modi's Plan to Redraw Constituencies

India's southern states are protesting against Prime Minister Narendra Modi's plan to redraw parliamentary constituencies, fearing it will diminish their representation in favor of the more populous northern states. The controversy is fueled by concerns that the proposed changes, which hinge on population metrics, penalize southern states for their successful population control measures. Opposition leaders are uniting to demand a census before any redistricting occurs, claiming the current representation disparities must be addressed to ensure fair political representation.

Satellites, AI and Blockchain: The Unsung Heroes in Sustainability Innovation.

Satellites, AI, and blockchain are transforming the way we monitor and manage environmental impact, enabling real-time, verifiable insights into climate change and conservation efforts. By analyzing massive datasets from satellite imagery, IoT sensors, and environmental risk models, companies and regulators can detect deforestation, illegal activities, and sustainability risks with unprecedented accuracy. The integration of AI-powered measurement and monitoring with blockchain technology is also creating auditable, tamper-proof sustainability claims that are critical for regulatory compliance and investor confidence.

Iron Ore Extends Losing Streak on Sino-US Trade Tensions.

Dalian iron ore futures slid for a seventh consecutive session, with prices falling following reports that Chinese steel mills are reducing production to ease pollution levels ahead of the annual National People's Congress (NPC) meeting. The most-traded May iron ore contract on China's DCE closed down 1.14% at 781 yuan ($107.26) a metric ton, amidst ongoing trade tensions with the US. Tariff hikes on Chinese goods and restrictions on US firms are also affecting export outlooks.

Samsung Galaxy Z Flip7 to Arrive with Bigger Batteries than the Galaxy Z Flip6.

Samsung is reportedly set to enhance the battery capacity of its upcoming Galaxy Z Flip7, moving from the 4000 mAh of the Z Flip6 to a combined capacity of 4174 mAh. The new model will feature two batteries, one rated at 2985 mAh and the other at 1189 mAh, potentially marketed as a 4300 mAh battery. Despite this improvement, the Galaxy Z Flip7 will still face competition from rivals like Xiaomi, which are producing devices with significantly larger battery capacities.

Japan's Nikkei Slides as US Tariffs, Stronger Yen Unsettle Market.

Japan's Nikkei fell on Tuesday, as markets were jittery about a trade war as fresh U.S. tariffs came into effect, while a stronger yen added to investors' concerns. The Nikkei dropped as much as 2.6% to its lowest level since September 18, before paring losses to finish down 1.2%. The broader Topix closed 0.7% lower at 2,710.18.

Mercedes-Benz to Cut Headcount, Lower Pay Increases Amid Cost-Cutting Drive.

Mercedes-Benz has won agreement from its works council to offer buy-outs to staff and reduced planned salary increases by half, part of a wider cost-cutting drive as the carmaker battles to revive earnings. The company plans to reduce production costs by 10% by 2027 and double that by 2030, beyond an ongoing plan launched in 2020 to reduce costs by 20% between 2019 and 2025. This move reflects the growing pressure on the European auto industry to adapt to changing market conditions and technological advancements.

Beelink Enters NAS Market with New ME Mini PC Series.

Beelink's entry into the NAS segment is a significant development in the company's product lineup. The new ME mini PC series will introduce a compact NAS system that boasts six M.2 slots for storage expansion. With its small form factor and advanced cooling solution, Beelink aims to cater to users seeking a versatile NAS solution.

US Stock Futures Climb Higher as Markets Brace for Trump Tariffs.

US stock futures climbed higher as Wall Street braced for President Donald Trump’s broad tariffs on America’s top trading partners to take effect today. Futures attached to the S&P 500 (ES=F) climbed 0.3%, Nasdaq futures (NQ=F) were up 0.5%, and Dow Jones futures (NQ=F) pushed up 0.2% from the flatline. The countries had been negotiating with the Trump administration to avoid the tariffs, but on Monday, Trump said there is "no room left for Canada or Mexico” to strike a deal.

Tariffs Take Effect, Wall Street Reacts Swiftly.

US stock futures climbed higher as traders braced for the impact of President Donald Trump’s broad tariffs on America’s top trading partners to take effect today. The Dow Jones and Nasdaq futures jumped 0.2% and 0.5%, respectively, while S&P 500 futures rose 0.3%. This volatility reflects the significant uncertainty surrounding trade policies and their potential effects on the global economy.

Moonwatt Secures $8.3M to Dial Up Solar’s Staying Power with Sodium-Ion Storage.

Moonwatt, a Netherlands-based clean tech startup, has raised €8 million in seed funding to develop an energy storage system optimized for solar power plants, utilizing sodium-ion battery technology. This innovative approach aims to enhance solar energy revenue and efficiency by allowing plants to store excess energy for later use, effectively increasing their capacity factor and returns on investment. With plans for pilot installations in Europe and commercial deployments by 2027, Moonwatt seeks to address the growing demand for specialized solar storage solutions amidst a surge in global solar energy production.

Goldman Sees Downside Risks to 2025-2026 Brent Forecasts Amid OPEC+ Output Increase

Goldman Sachs' forecast for Brent oil prices has come under scrutiny due to the unexpected announcement from OPEC+, which is set to begin increasing oil production in April. The bank had initially predicted a four-month period of increases starting in July, but now sees downside risks due to softer demand and potential tariff escalation. As a result, Goldman Sachs estimates that Brent oil could drop to the low-to-mid $60s by end-2026.

China Bans Imports of Illumina's Gene Sequencers Right After Trump Tariff Action.

China has implemented a ban on imports of gene sequencers from U.S. company Illumina, coinciding with the recent introduction of a 10% tariff on Chinese goods by President Trump. This move follows Illumina's designation as an "unreliable entity" by Beijing, reflecting escalating tensions between the two nations in the biotech sector. The ban is expected to significantly impact Illumina's operations in China, which account for approximately 7% of its sales.

Tariffs Imposed by Trump Erode Business Confidence Across U.S

Business executives have been in a state of limbo over Donald Trump's fluctuating plans to impose major tariffs since he took office in January. Tuesday's announcement does not end that uncertainty. The prospect of major levies on foreign imports has dominated corporate America's discussions this year, leading companies to try to mitigate costs with pre-ordering and investments being put on hold.

How a Key Ingredient in Coca-Cola, M&M's Is Smuggled From War-Torn Sudan.

Gum arabic, essential for products like Coca-Cola and M&M's, is increasingly trafficked from conflict zones in Sudan, complicating supply chains for Western companies seeking to ensure ethical sourcing. The paramilitary Rapid Support Forces (RSF) control the main harvesting regions, leading to a rise in smuggled gum that lacks conflict-free certification and is sold at lower prices in informal markets. This situation raises concerns about the integrity of global supply chains and the ethical implications for companies reliant on this vital ingredient.

The Trump Administration's Tariff Tactics Undermine Global Trade Confidence

Business executives have been in a state of limbo over Donald Trump's fluctuating plans to impose major tariffs since he took office in January. Tuesday's announcement does not end that uncertainty. U.S. President Trump announced Tuesday he would impose 25% tariffs on the nation's two largest trade partners, Canada and Mexico, a move that economists expect will add to costs for U.S. companies that will bear the cost of those tariffs.

Exclusive: Russian Missile Experts Flew to Iran Amid Clashes with Israel.

Several senior Russian missile specialists have traveled to Iran over the past year, coinciding with the Islamic Republic's increasing defense collaboration with Moscow. The visits are notable given the military tensions between Iran and Israel, which saw both nations engaging in military strikes against each other. This development highlights the deepening military ties between Russia and Iran, raising concerns about the potential implications for regional security dynamics.