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Archive: 2025-03-06 (456) - Page 8/10 (50)

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Youth-Led Party Casts Doubt on Bangladesh Election This Year

Bangladesh's interim government has been unable to fully ensure public safety, making it difficult to hold a general election this year. The head of a newly launched youth-led party, Nahid Islam, believes that elections cannot be held in the current law and order situation. Despite uncertainty, analysts see his party as having significant potential to reshape national politics.

Euro Holds 4-Month Peak Ahead of ECB Policy Decision

The euro has surged to a four-month high against the U.S. dollar on optimism over Germany's infrastructure plan and debt overhaul, setting for its best week in 16 years, as investors anticipate a quarter-point rate cut from the European Central Bank later in the day. The currency has gained 4.1% so far this week, driven by hopes of easing monetary policy, but analysts caution that concerns about eurozone fragmentation may cap gains. German yields have rallied, while French and Italian yields have also increased, raising sustainability issues for these countries.

UK Regulator Clears Microsoft’s $13bn Deal with OpenAI After Lengthy Delay

The UK Competition and Markets Authority (CMA) has ended its investigation into Microsoft's partnership with OpenAI, concluding that the relationship does not qualify for investigation under merger provisions. Despite concerns about government pressure on regulators to focus on economic growth, the CMA has deemed the partnership healthy, citing "no relevant merger situation" created by Microsoft's involvement in OpenAI. The decision comes after a lengthy delay and criticism from critics who argue it may be a sign that Big Tech is successfully influencing regulatory decisions.

Airlines Face Overflight Payment Risks as Planes Divert Over Afghanistan

Airlines are using third-party intermediaries to make payments to Afghan authorities, increasing the risk of legal disputes and money laundering. The Taliban stands to make millions from the surge in overflights, but the process of making these payments is complicated by frozen government bank accounts overseas and Western sanctions on Taliban leaders. Industry experts point to risks of illicit financial flows and raised questions about the administrative resources required to invoice and collect payments.

Turkish Army Cracks Down on PKK in Iraq and Syria Despite Ocalan's Peace Call

Turkey's armed forces have killed 26 Kurdish militants in Iraq and Syria in the week since jailed militant leader Abdullah Ocalan's disarmament call, despite his efforts to end the violence. The PKK militants declared an immediate ceasefire, but Turkish President Tayyip Erdogan warned that Ankara would continue operations against the group if its promises were not kept. The situation remains tense, with tensions between Turkey and Kurdish militant groups still simmering.

Domain Domain Deal at 123 Reg

123 Reg is offering a unique deal where users can register a UK domain name for just 1p for the first year, making it an attractive option for those looking to establish their online presence. This limited-time offer is available exclusively through our website and allows individuals and businesses to secure their desired domain without breaking the bank. To capitalize on this opportunity, one must act quickly before the offer expires.

Gold Prices Dip on Profit-Taking, US Data in Focus

Gold prices declined about 1% on Thursday as investors took profits following a three-day rally, with markets now eyeing U.S. jobs data on Friday for clues on the Federal Reserve's rate path amidst rising global trade worries. Spot gold has gained over 10% so far this year, hitting a record high of $2,956.15 on February 24. Investors are turning to gold as a safe-haven asset when faced with geopolitical and economic uncertainties.

2 Dow Stocks to Buy Hand Over Fist in March and 1 to Avoid

Two stocks within the Dow Jones Industrial Average are highlighted as strong buy opportunities, specifically Johnson & Johnson and another unnamed stock, while a third component is advised against due to ongoing issues. Johnson & Johnson's robust performance is attributed to its defensive nature in the healthcare sector, consistent demand for its products, and a successful focus on brand-name drug development, contributing to predictable cash flow and long-term growth. The article emphasizes the importance of executive continuity at J&J, which has fostered stable leadership and sustained growth initiatives over its long history.

Germany's Economic Growth Forecast Lifted Due to Fiscal Boost

Goldman Sachs and Nomura have lifted their expectations for Germany's economic growth in 2025 due to increased military and infrastructure spending, which is expected to boost the country's economy and have spillover effects on its European neighbors. Goldman expects a 0.2% growth rate for Europe's largest economy, up from 0.8%, while Nomura predicts a pace of euro area economic growth could be lifted by 0.2 percentage points per quarter by the end of 2026. The fiscal news is also expected to lower pressure on the European Central Bank to reduce rates below neutral.

Crypto World Hopes a Trump Summit Friday Will Deliver More of What It Wants From Washington

The crypto world is hoping for a White House summit on Friday to bring stability and clarity to the industry, which has experienced extreme volatility following Donald Trump's election victory. The attendees are expected to include prominent CEOs and founders, who will engage in discussions with Trump and his administration about regulatory oversight and legislative proposals. The meeting comes after months of uncertainty and speculation about the future of digital assets.

How to Turn Off Google Gemini on Your Pixel Phone, and Return to Google Assistant

Users looking to revert from Google's Gemini AI chatbot back to the traditional Google Assistant can do so easily through the app's settings. While Gemini offers a more conversational experience, some users prefer the straightforward utility of Google Assistant for quick queries and tasks. This transition highlights the ongoing evolution in AI assistant technologies and the varying preferences among users for simplicity versus advanced interaction.

Asian Countries in the Cross-Hairs of Trump Tariffs

The U.S. trade tariffs targeting China, Mexico, and Canada have exposed Asian countries to increased risk due to their high export-to-GDP ratios with the United States. Countries such as Vietnam, Taiwan, and Thailand are particularly vulnerable to the impact of these tariffs, which could lead to delays and disruptions in global supply chains. The escalating trade tensions also pose a significant threat to the economic stability of nations with large trade surpluses with the U.S.

Taiwan's Leader Faces Crisis of Confidence Amid Economic Slowdown

Taiwan's economy is struggling to regain momentum, with slow growth and a rising national debt casting a shadow over President Lai Ching-te's administration. The government has introduced various measures to stimulate growth, including tax cuts and infrastructure spending, but so far, they have failed to show significant results. As the economic situation continues to deteriorate, the president faces growing criticism from opposition parties and the public.

Trump Tariff Live Updates: Trump Said to Eye Farm Product Exemptions After Pausing Auto Tariffs

The White House's decision to grant a one-month tariff exemption to US automakers General Motors, Ford, and Stellantis has sent shockwaves through the market, with stocks rebounding from losses on Wednesday morning. However, investors are still closely watching the situation, as the tariffs remain in place for other industries. Trump is reportedly considering exemptions for agricultural products, a move that could provide relief to US farmers who have been hit hard by retaliatory tariffs.

Affordable OLED Power: Asus Vivobook S 15 (S5506) Laptop Priced Below $700

The Asus Vivobook S 15 (S5506MA) laptop offers an impressive 3K 15.6-inch OLED display, up to a Core Ultra 9 185H APU, and 32 GB of RAM at a significantly discounted price. The laptop's configuration is a middle-of-the-road option that has seen substantial price cuts, making it an attractive choice for those seeking an affordable daily driver with decent performance. With the current offer, users can enjoy a high-quality OLED display, efficient Meteor Lake processors, and a respectable battery life.

Minisforum NAB9 Plus Launches with Affordable Pricetag and Upgradeable Design

The Minisforum NAB9 Plus has launched in China as a slightly upgraded mini PC than the non-Plus variant, offering improved interfaces and compatibility options. Powered by the Intel Core i9 12900HK, this affordable system boasts USB4, OCuLink, and DisplayPort 1.4 ports for enhanced connectivity. With its efficient cooling system and upgradeable design, the NAB9 Plus promises optimal performance under heavy loads.

ECB Dodges Payment Disaster in 10 Hours of Tech Meltdown

The European Central Bank's recent payment crisis could have had catastrophic consequences if not resolved quickly. The root cause of the issue was identified after hours of work by technicians, who eventually fixed the problem to prevent widespread disruptions. Fortunately, the system's backup mechanisms kicked in just in time to avoid a major disaster.

Govee Ceiling Light 1s Gains CSA Certification

The upcoming Govee Ceiling Light 1s has been listed in the Connectivity Standards Alliance (CSA) database, revealing details about its matter-compatible smart lighting features. The product is designed to be mounted on ceilings or walls and can deliver colored lighting effects via Bluetooth and Wi-Fi connectivity. This latest development indicates a growing trend of smart lighting panels gaining CSA certification.

European Auto Stocks Jump on Trump Tariff Pause as Stellantis Pledges 'More American Cars'

European automakers experienced a surge in their stock prices following U.S. President Donald Trump's decision to suspend new tariffs on car imports from Canada and Mexico for one month. Stellantis, the parent company of Chrysler and Fiat, expressed its commitment to increasing American-made vehicle production in response to the tariff reprieve, aligning with the administration's "America First" policy. However, analysts warn that ongoing supply chain challenges and the potential for future tariffs could lead to increased costs for consumers and significant revenue loss for automakers.

France Offering Intelligence to Ukraine Amid Washington Suspension

France is offering intelligence to Ukraine, Defence Minister Sebastien Lecornu said on Thursday, a day after Washington said it was suspending intelligence sharing with Kyiv. This move reflects France's efforts to maintain pressure on Ukraine and its President Volodymyr Zelenskiy amidst the ongoing conflict. The decision also highlights the evolving nature of international relations between European powers and their respective roles in global security.

AMD's Most Affordable Zen 5 Processors Are Surprisingly the Best Value

The four non-3D Zen 5-based AMD Ryzen processors top our leaderboard when it comes to price per core, with collated data showing that the 9900X, the 9950X, the 9700X, and the 9600X are the most competitive in terms of cost. The Ryzen 9900X is a balanced offer with low TDP per core (just 10W), high base speed (4.4GHz), and a very reasonable price at $387.75 (or $31.56/core) at the time of writing, almost a quarter cheaper than its suggested retail price.

Level up Your Gaming with Windows 11 Pro for Just $14.97

Windows 11 Pro is offering a limited-time discount of $14.97 until March 30, allowing gamers to upgrade their performance and enjoy faster load times, enhanced visuals, and smoother gameplay. The operating system's DirectStorage feature reduces loading times by sending game data directly to the GPU, while Auto HDR enhances graphics with sharper, more vivid images. DirectX 12 Ultimate enables ray tracing and advanced rendering for a next-gen gaming experience.

Sony FE 400-800mm F6.3-8 G OSS: Super-Telephoto Zoom Sets New Standard for Wildlife Photography

With the longest reach of any Sony telephoto zoom yet, the FE 400-800mm F6.3-8 G OSS is an unparalleled option for wildlife photographers. It’s a large lens, but internal zoom, customizable function buttons and SteadyShot stabilization make handheld shooting manageable. Focusing is fast and accurate, with usefully short minimum distances at the wide end. It isn’t as pin-sharp as a telephoto prime, but detail is still pretty impressive across the full range. Provided you don’t need a faster maximum aperture for sports photography, the FE 400-800mm F6.3-8 G OSS offers strong performance for the price.

Exclusive: Renaissance Fusion Raises €32M to Radically Simplify Complex Fusion Reactors

Renaissance Fusion has successfully raised €32 million in Series A1 funding to develop a simplified stellarator design aimed at making fusion power cheaper and easier to maintain. The startup's innovative approach combines segmented HTS magnets and liquid lithium walls, which are intended to optimize plasma stability while reducing manufacturing complexity. With plans for a demonstrator set to be ready by the end of 2026, the company aims to prove that its unique reactor design can revolutionize the future of fusion energy.

Sega Scores Metacritic Publisher Win, Leaving Nintendo and Electronic Arts in Dust

Sega has topped Metacritic's rankings as the top game publisher for 2024, with Capcom taking second place and Sony third. The ranking is based on critic review scores, with a points system that rewards games with high review scores. Sega's success can be attributed to popular titles like Metaphor: ReFantazio and Shin Megami Tensei V: Vengeance.

Microsoft Withdraws From CoreWeave Agreements Due to Delivery Issues

Microsoft has withdrawn some of its agreements with cloud computing provider CoreWeave over delivery issues and missed deadlines, the Financial Times reported on Thursday citing unnamed sources. The company provides computing capacity from data centers, a partnership worth billions of dollars, through ongoing contracts with CoreWeave, which competes against cloud providers such as Microsoft's Azure and Amazon's AWS. Founded in 2017, CoreWeave has laid groundwork for what could be one of the biggest IPOs in recent times.

Microsoft Walks Away From Cloud Computing Deal Due to Delivery Issues

Microsoft has moved away from some of its agreements with cloud computing provider CoreWeave over delivery issues and missed deadlines, the Financial Times reported on Thursday citing unnamed sources. A partnership worth billions of dollars, Microsoft provides computing capacity from data centers through a contract with CoreWeave. The company competes against major players like Azure and AWS in the cloud computing market.

Thermal Master T2 Max Offers Versatile Thermal Imaging for Various Uses

The Thermal Master T2 Max thermal imaging scope is designed for a range of applications, from wildlife photography to hunting, showcasing heat signatures with impressive detection capabilities. Despite its low resolution of 256x192, the scope provides useful features like a 15x digital zoom and multiple mounting options, making it adaptable for different field conditions. Users may find the setup straightforward, but the lack of detailed instructions could hinder optimal functionality for some.

Indian Women Pilot Farm Drones, Earning a Living and Some Independence

A group of women in rural India has discovered an innovative way to earn an income and gain independence through operating farm drones for agricultural services. The "Drone Sisters" initiative, launched by Prime Minister Narendra Modi's government in 2023, aims to empower women-led self-help groups with drones to enhance agricultural efficiency. By equipping them with industrial-sized drones, the program has enabled rural women to earn up to $52 per day.

MPs' Investigation Reveals Millions in Compensation for Banking IT Failures

Nine major UK banks and building societies accumulated at least 803 hours of tech problems in the past two years, figures published by MPs show. The Treasury Committee's investigation found that the outages affected millions of customers between January 2023 and February this year, with Barclays facing compensation payments of £12.5m. The committee's chair, Dame Meg Hillier, highlighted the impact on families living "pay check to pay check", who lost access to banking services on payday.

The Decision-Maker's Playbook: Integrating Generative AI for Optimal Results

Generative AI (GenAI) is transforming decision-making processes in businesses, enhancing efficiency and competitiveness across various sectors. A significant increase in enterprise spending on GenAI is projected, with industries like banking and retail leading the way in investment, indicating a shift towards integrating AI into core business operations. The successful adoption of GenAI requires balancing AI capabilities with human intuition, particularly in complex decision-making scenarios, while also navigating challenges related to data privacy and compliance.

DHL to Cut 8,000 Jobs as Part of $1.1 Billion Cost-Saving Strategy

DHL has unveiled plans to cut about 8,000 jobs in Germany this year as part of a strategy to save more than 1 billion euros ($1.08 billion) by 2027, after the logistics group reported a 7% fall in annual operating profit. The job cuts, representing more than 1% of the total workforce, will occur in the Post & Parcel (P&P) Germany division through attrition, rather than compulsory redundancies. This move is part of a broader effort to address cost inflation and declining letter volumes.

Souls-Like Game Lies of P Gets Massive Discount on Steam

If you're a Souls-like fan, this game will be right up your alley. Lies of P has received a 40% price cut on Steam, making it an attractive option for those looking to experience the best of the genre without breaking the bank. With its immersive story, tough-as-nails combat, and unique in-game mechanics, Lies of P is easily one of the best Souls-like games released in recent history.

Hamas Says Trump Threats Encourage Netanyahu to Evade Gaza Ceasefire Deal

Hamas's repeated criticism of US President Trump's threats against Palestinians is seen as a tacit endorsement of Israeli Prime Minister Benjamin Netanyahu's decision to abandon the Gaza ceasefire. Trump's aggressive rhetoric has put pressure on Hamas to release remaining hostages, thereby allowing Israel to begin negotiations for an end to the war. The ongoing tensions between Israel and Hamas highlight the challenges of implementing a fragile ceasefire agreement in a region marked by deep-seated conflicts.

YouTube Introduces Affordable Premium Lite Plan

YouTube has officially introduced a new plan called Premium Lite, which is the trimmed-down version of the regular Premium plan that previous reports were hinting at. Given that it's cheaper than the regular subscription, this plan offers fewer benefits. The Premium Lite doesn't offer ad-free music, and while it allows users to watch gaming, news, fashion, and more videos without any ads, there could be some instances where Premium Lite users will need to watch ads.

Russia Reaches Out to Washington in Ambassador Apppointment

Alexander Darchiev, 64, a seasoned diplomat with two previous stints as Russia's ambassador to Washington, has been appointed by Vladimir Putin to lead a rapprochement between the two nations. The appointment marks a significant shift in Moscow's diplomatic approach, following President Donald Trump's recent overtures towards Russia and his decision to pause military aid to Ukraine. Darchiev will now work to restore normal relations with Washington, which have been strained since 2020.

TRADE WAR HEATS UP: China Requests WTO Dispute Settlement Consultations with US on Tariffs

China has submitted a revised request for dispute settlement consultations with the United States to address new U.S. tariffs applied on goods originating in China, according to the World Trade Organization. The Trump administration's latest tariff hike has heightened fears of a renewed trade war between the two largest economies. China's revised request comes after an extra 10% duty on Chinese goods took effect Tuesday, adding to the 10% tariff imposed by U.S. President Donald Trump on February 4.

Japan's Seven & I Names New CEO, Announces Restructuring

Seven & i Holdings has appointed a new CEO and announced plans to restructure its business in response to a $47 billion foreign takeover bid. The company will buy back about 2 trillion yen ($13.4 billion) worth of shares through fiscal year 2030, and pursue a listing of its North American convenience store subsidiary by the second half of 2026. Additionally, Seven & i has agreed to sell its superstore unit to Bain Capital for 814.7 billion yen.

Russia Scolds Macron for Pushing Europe Towards the Abyss of World War

Russian officials have criticized French President Emmanuel Macron's assertion that Russia poses a threat to Europe, warning that such rhetoric could escalate tensions and lead to a catastrophic conflict. The comments follow Macron's call for a debate on extending France's nuclear deterrent to European allies, amidst rising concerns about U.S. policy shifts regarding Ukraine and Russia. Russian leaders argue that Macron's statements reflect a misunderstanding of the geopolitical landscape and could further alienate Europe from a constructive dialogue with Moscow.

Stocks Rise as Tariff Tensions Ebb; Euro Firms Ahead of ECB Decision

Asian stocks rose on Thursday as investors held out hope that trade tensions could ease after U.S. President Donald Trump exempted some automakers from tariffs for a month, while the euro stood tall ahead of the European Central Bank's meeting. Japanese government bonds fell sharply after German long-dated bonds were swept up in their biggest sell-off in decades, while Australian bond yields rose 12 basis points. The yield on benchmark U.S. 10 year Treasury notes rose 5 bps in Asian hours.

Audio-Technica Unveils ATH-AC5TW Wireless Open-Ear Earphones

Audio-Technica has introduced the ATH-AC5TW wireless open-ear earphones, designed to offer comfort and awareness of surroundings through an innovative ear hook style. The earphones utilize air conduction technology, allowing users to enjoy audio without blocking their ears, making them suitable for various activities such as walking or working from home. With features like enhanced bass reproduction and beamforming microphone technology, these earphones aim to meet the rising demand for versatile and comfortable audio devices.

Microsoft Reduces Commitments to CoreWeave Ahead of IPO, FT Reports

Microsoft Corp. has scaled back its commitments to cloud computing provider CoreWeave due to ongoing delivery issues and missed deadlines, according to a report from the Financial Times. This development comes as CoreWeave prepares for an initial public offering that could raise approximately $4 billion, with Microsoft being its largest customer, accounting for 62% of its revenue in 2024. The implications of Microsoft's decision could significantly impact CoreWeave’s financial stability and market valuation as it approaches its IPO.

US Crude Exports to India Hit over 2-Yr High in Feb as Russia Sanctions Bite

U.S. exports of crude oil to India surged to their highest in over two years in February, driven by refiners seeking alternative supplies following tighter U.S. sanctions on Russian producers and tankers. The country's third-biggest oil importer and consumer is now diversifying its crude supplies, particularly light-sweet barrels, as a result. This shift underscores the growing importance of India as a market for U.S. crude exports.

US Crude Exports to India Hit Over 2-Yr High in Feb as Russia Sanctions Bite

US crude exports to India last month climbed to their highest in over two years, ship tracking data showed, as refiners in the country sought alternative supplies following tighter US sanctions on Russian producers and tankers. The jump in exports to India underscores how multiple rounds of sanctions imposed by Washington on ships and entities dealing with oil from Iran and Russia since October are disrupting trade with major importers of their oil. Indian refiners are trying to diversify their crude supplies, especially light-sweet barrels, as they seek to reduce dependence on Russian oil.

Volkswagen's Entry-Level Electric Car Targeted at Europe

Volkswagen is focusing its sales strategy for its upcoming 20,000-euro electric car on Europe, where it aims to capitalize on the growing demand for affordable EVs. To achieve this goal, the company needs to bring down battery costs, which will enable it to sell the car at a price comparable to other affordable options in the market. The car's software and design have been optimized to reduce weight and simplify manufacturing.

Elon Musk's Blockchain Plan Sparks Debate Over US Spending Transparency

Elon Musk has sparked debate by endorsing the idea of putting US Treasury spending on a blockchain, aiming to increase transparency and eradicate alleged fraud. The proposal has raised discussions about its feasibility, benefits, and risks, with experts weighing in on the potential scalability challenges. The concept of using blockchain for US public spending is seen as a deterrent against unauthorized financial activity.

Malaysia Discusses Absorbing U.S. Chip Tariffs with Companies

Malaysia is discussing with chip companies based in the country whether they can absorb the impact of potential U.S. tariffs on semiconductors, its trade minister said, as it looks to hedge against risks to its export-driven economy. The Southeast Asian nation is home to a large semiconductor industry, including top U.S. multinationals such as Intel and GlobalFoundries, and is one of the top exporters of chips to the United States. Malaysian data centres are seen as unaffected by US restrictions due to strong demand for AI in the sector.

Rachel Reeves Has Set Herself a Fiscal 'Trap' Ahead of Spring Forecast, Think Tank Warns

Reeves' spring forecast could turn out to be more consequential than the non-event it was first billed as, according to the IFS. The UK chancellor's commitment to holding one major fiscal event per year may force her to choose between policy stability and her fiscal rules when a relatively minor downgrade to the economic forecasts emerges. Reeves' first budget last year left her with just £9.9bn in headroom to meet a goal of balancing day-to-day spending and tax revenues by the 2029-30 financial year.

Alpine Eagle Secures Funding for Counter-Drone Tech Amid Rising Threat of Drone Warfare

Alpine Eagle's counter-drone system, Sentinel, is being developed to provide a cost-effective solution to the growing threat of drones in modern warfare. The startup's airborne system uses inexpensive, mass-producible technology to establish a symmetry against cheap strike drones, and its modular sensors can integrate various detection methods to identify low-flying drones that evade ground-based systems. By leveraging AI and swarming tactics, Sentinel aims to limit costs and casualties in drone-based operations.

Just Over 44 Pounds: Hybrid, Ultra-Light E-Bike With Mid-Motor

Specialized has launched the Turbo Vado SL 2, an ultra-light e-bike weighing just 44 pounds, designed for high performance and equipped with advanced features. The bike includes a mid-motor, a sophisticated suspension system, and a configurable display that offers real-time metrics, catering to both casual and serious riders. Priced at $4,999, the Turbo Vado SL 2 emphasizes versatility with options for both diamond and step-through frames, appealing to a broad range of cyclists.