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Archive: 2025-03-06 (456) - Page 9/10 (50)

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Minimalist Record Player Made From Solid Aluminum: Waiting for Ideas Unveils Turntable PP-1

The PP-1 turntable conceals the pickup under the record. The minimalist design reduces the focus to the essential components, with a solid block of aluminum housing and matching cube-shaped speakers that round off the features. This creative studio's use of technology like the Miniot Wheel 2 is innovative and visually striking.

VW Unveils €20,000 E-Car: ID. Every1 Promises 70 kW and at Least 250 Km of Range

The VW ID. Every1 is set to be launched in 2027 for around €20,000. The production model combines modern features with an acceptable range. Volkswagen recently unveiled the design of its all-new VW ID. Every1, which is intended to be launched as a series model in 2027 for around €20,000, making the car around €5,000 cheaper than the expected price of the VW ID. 2all. For the lower price, buyers will get a smaller car at a length of around 3.88 meters instead of the 4.05 meters of the ID. 2all.

German Bond Rout Goes Global as Yields Surge in Japan, ANZ

Japan's government bond yields have surged to their highest levels in over a decade, following a significant selloff in German bunds that has impacted global debt markets. The rise in yields is attributed to changes in Germany's spending plans, particularly in defense and infrastructure, amid increasing geopolitical tensions. As a result, investors are reassessing their strategies, with expectations of future rate changes influencing the bond market landscape.

GeForce RTX 5070 Benchmark Result Sees It Matching the Wrong RTX 4090

The Nvidia GeForce RTX 5070 graphics card has quietly slotted into PassMark’s G3D Mark chart for high-end video cards, taking up an unassuming spot above the RTX 4070 and almost on the same level as an RTX 4090. The RTX 5070 can take advantage of DLSS 4 Multi Frame Generation, but its benchmark scores have been inconsistent, with three samples managing an average G3D Mark of 27,105 in a test suite consisting of DirectX9-12 and a GPU Compute benchmark. This score places the GeForce RTX 5070 just below a GeForce RTX 4090 in the overall chart.

Morning Bid: ECB’s Last Easy Decision

The European Central Bank is poised to cut interest rates again, driven by simmering trade tensions and investors' concerns about Germany's fiscal rulebook overhaul. However, the timing and magnitude of the rate cuts remain uncertain due to the ongoing uncertainty surrounding US-China trade relations and the impact on the eurozone economy. As the ECB's policy decision looms, market participants will be closely watching for any signs of a shift in the central bank's stance.

Asian Shares Rebound After Trump Pullback on Some Tariffs Cheers Investors

Asian shares experienced a notable increase Thursday, reflecting a positive shift on Wall Street following President Donald Trump's decision to ease certain tariff hikes for U.S. automakers. This move, which includes a one-month exemption from a 25% tariff on imports from Mexico and Canada, has alleviated fears of a more extensive trade war that could negatively impact economies and raise inflation. Optimism is further fueled by reports from China indicating a commitment to boost domestic consumer spending, contributing to a rally across various Asian markets.

India's Semiconductor Push: Partnering with CDIL to Drive Light EVs and Energy Storage Solutions

Infineon Technologies has partnered with India's six-decade-old chipmaker CDIL Semiconductors to tap into emerging business opportunities in the South Asian nation, focusing on light EVs and energy storage solutions. The partnership aims to support India's transition to electric mobility and renewable energy by providing high-quality inputs at comparable prices to drive consumer adoption. By leveraging Infineon's wafers and CDIL's expertise, the companies hope to establish a robust domestic ecosystem for EVs and battery storage solutions.

Garmin eTrex Solar Handheld GPS Sales Hit New Low

The Garmin eTrex Solar handheld GPS has seen a significant price drop on Amazon, with a $50 discount taking the MSRP from $249.99 to $199.99. The device's ability to run indefinitely on solar power and its long battery life make it an attractive option for outdoor enthusiasts. The device's IPX7 waterproofing and digital compass also enhance its functionality.

The Car Industry's Revival of Full-Size Spare Tyres: A Step Back to Prudence

Carmakers have largely ditched the humble spare tyre, opting for space-saver tyres instead. However, the Chery Omoda E5 has bucked this trend by incorporating a full-sized spare tyre, raising questions about the importance of this feature in modern vehicles. The inclusion of a spare tyre in the Omoda E5 serves as a reminder that roadside assistance is not always reliable and can be time-consuming, especially for those who are not comfortable repairing a tire on the roadside.

Municipal Electricity Generation Gets Big Push From Federal Regulations

Hawaii has been at the forefront of the push for municipal electric utilities to expand their generation capacity, thanks to federal regulations that encourage private investment in renewable energy projects. The state's efforts aim to reduce reliance on fossil fuels and lower greenhouse gas emissions, aligning with President Biden's climate agenda. Municipalities are also exploring community solar programs to benefit local residents.

South Korea Air Force Jet Accidentally Drops Bombs on Homes, Injuring Eight

Eight people were injured when bombs dropped by a South Korean Air Force jet landed in a civilian district during military exercises in Pocheon, causing damage to houses and a church. The incident occurred as part of joint live-fire drills with U.S. forces, which have long faced local protests regarding safety and disturbances. The Air Force has expressed regret over the accident while emphasizing the need for heightened military readiness amid regional tensions.

US Charges Chinese Hackers Who Targeted Government Dissidents

The Justice Department has indicted 12 Chinese nationals for their involvement in a hacking operation that allegedly sold sensitive data of US-based dissidents to the Chinese government, with payments reportedly ranging from $10,000 to $75,000 per hacked email account. This operation, described as state-sponsored, also extended its reach to US government agencies and foreign ministries in countries such as Taiwan, India, South Korea, and Indonesia. The charges highlight ongoing cybersecurity tensions and the use of cyber mercenaries to conduct operations that undermine both national security and the privacy of individuals critical of the Chinese government.

Global Aluminium Producer Seeks Q2 Premium of $260/T From Japan Buyers

A global aluminium producer has sought a premium of $260 per metric ton from Japanese buyers for April-June primary metal shipments, up 14% from the current quarter. The proposed premium reflects concerns that fresh U.S. tariffs on Canadian aluminium could divert supply from the Middle East, Australia or other regions to North America, tightening availability in Asia. This move is part of a broader trend of price volatility in the global aluminium market due to trade tensions and supply chain disruptions.

Asus Vivobook 16 Laptop Review: AI Features at the Forefront – Genuine Productivity Boost or Marketing Gimmick

The Asus Vivobook 16, powered by an AMD Ryzen AI 7 350 processor, integrates AI-driven tools aimed at enhancing productivity, yet overall performance and build quality remain average. Priced at €999, the laptop struggles with subpar display quality, limited connectivity options, and disappointing battery life, raising questions about its value proposition. While the focus on AI features is notable, the laptop falls short of delivering a compelling multimedia experience, positioning it more as an office workhorse than a versatile device.

Ministers' Plan to Use Work Coaches to Help Long-Term Unemployed Faces Skepticism

Ministers have announced plans to use 1,000 work coaches to help the long-term unemployed into work, but critics say only a tiny percentage of those who receive support will actually find a job. The Resolution Foundation estimates that only about 3% of the hundreds of thousands of people likely to lose benefit payments are likely to find employment, highlighting the challenges in delivering effective reforms. The government hopes moving thousands of people into jobs will help unlock the benefits of work and cut the rapidly rising cost of health and disability benefits.

Fire at Nuclear Power Plant in Southern Taiwan Put Out, No Safety Concern, Power Company Says

A fire that broke out at a nuclear power plant in southern Taiwan was put out and posed no safety concern, the Taiwan Power Company said on Thursday. The company stated that the fire at the Maanshan nuclear power plant was 50 meters away from nuclear power equipment and did not affect electricity generation. The incident occurred during routine maintenance activities.

Oil Prices Climb From Multi-Year Low, Tariff Concerns and Rising Supply Weigh

Oil prices rose on Thursday after heavy sell-offs drove the market to a multi-year low, however tariff uncertainties and a rising supply outlook capped gains. Brent futures were trading up 50 cents, or 0.72%, at $69.80 a barrel by 0716 GMT, while U.S. West Texas Intermediate crude (WTI) futures climbed 48 cents, or 0.72%, to $66.79 a barrel.

Thai Business Group Urges Action From Government Amid 'Panic' Over U.s. Trade Policy

The Thai Chamber of Commerce is urging the government to take swift action in response to uncertainty over US trade policy, proposing the creation of a "war room" to mitigate potential tariffs by the Trump administration. The chamber's vice chair acknowledged that Thailand's panic over US trade policy is justified, given the country's significant reliance on exports to the US market. The Thai government must review its import taxes and increase imports to reduce the trade surplus with Washington, according to the chamber.

Stock Market Today: Dow, S&P 500, Nasdaq Futures Dip Despite Tariff Relief for Automakers

US stock futures showed little movement following a day of volatility that ended in a rally, primarily influenced by President Donald Trump's temporary halt on tariffs affecting automakers. Despite this temporary relief, broader market uncertainties loom as the 25% duties on Canadian and Mexican imports remain in effect, with additional tariffs set to take effect soon. The upcoming earnings reports from major retailers will likely provide further insights into how ongoing trade tensions may impact the industry.

US Stock Market Sees Dip Despite Tariff Relief for Automakers

The US stock market saw a dip in futures despite President Trump's one-month pause on tariffs targeting automakers, with the Dow Jones Industrial Average and S&P 500 experiencing flat readings and slight declines, respectively. The Nasdaq futures, however, remained relatively stable. The news provided temporary relief to shares of Big Three automakers, but uncertainty surrounding additional levies set to begin in April may impact the market's trajectory.

Trump Will Splinter World’s 'China Plus One' Plans

Donald Trump is intensifying efforts to cut imports from China, aiming to establish self-sufficiency in key sectors and reduce reliance on the world's second-largest economy. His administration has already imposed significant new tariffs and is targeting backdoor trade routes that companies have utilized to circumvent previous restrictions. This shift signals potential upheaval in global supply chains, particularly for nations like Vietnam that have benefited from the "China plus one" strategy.

Fracking Klare Absage Im Bundeskabinett

Barbara Hendricks, designated German Environmental Minister of the Social Democratic Party (SPD), has made it clear that fracking is off the table in Germany due to environmental concerns. The SPD politician stated that the party's coalition agreement had included a commitment to not allow fracking as long as it only uses chemicals. This move can be seen as a significant shift in the country's energy policy, putting Germany at odds with other major economies.

Cyclone Alfred Stalls Off Australia's East as Millions Brace for Impact

Cyclone Alfred stalled off Australia's east coast on Thursday, with officials shutting down airports, schools, and public transport while residents stockpiled supplies and sandbagged homes against flooding expected when the category-two storm hits. The Bureau of Meteorology revised its landfall forecast to Saturday morning near Brisbane, Australia's third-most populous city, bringing heavy rain, flooding, and damaging wind across the border regions of Queensland and New South Wales. Residents are bracing for a prolonged period of heavy rainfall and life-threatening flash flooding in northern New South Wales.

Hong Kong's Top Court Quashes Convictions of Pro-Democracy Tiananmen Group

Hong Kong's highest court has overturned the convictions of three former members of a pro-democracy group, citing a miscarriage of justice due to the redaction of crucial evidence by prosecutors. This decision represents a rare legal victory for the pro-democracy movement in Hong Kong, where many activists have faced significant legal challenges and persecution. The ruling has been welcomed by the plaintiffs and their families, highlighting ongoing tensions between civil liberties and government actions in the region.

Abolition of Department of Education: A Shift in Power Dynamics

The U.S. Department of Education has long been a contentious institution, with critics arguing that it stifles state innovation and local control over education policy. President Trump's expected executive order to abolish the department could have significant implications for the future of education in America, potentially reverberating throughout the country's schools and universities. The move would also mark a significant shift in power dynamics between federal and state governments.

Shipping Firms Pull Back From Hong Kong to Skirt US-China Risks

Companies are quietly moving out of Hong Kong and off its flag registry as concerns over potential sanctions and commandeering of vessels in a military crisis grow among shipping executives, insurers, and lawyers. The U.S. Trade Representative's office has proposed levying steep port fees on Chinese shipping companies operating Chinese-built vessels, further fueling unease across the industry. Beijing's emphasis on Hong Kong's role in serving Chinese security interests is causing concern that ships could be commandeered or hit with U.S. sanctions.

Best iPhone 16 Pro Plans in Australia (March 2025)

The iPhone 16 Pro has been recognized as one of Apple's finest smartphones, combining high performance with portability, making it an appealing option for users seeking a premium device without the bulk of the Pro Max model. Users can now select from various plans offered by Vodafone, Telstra, and Optus, each providing unique benefits, such as Vodafone's double data promotion. With its advanced features, including a new Camera Control button and impressive camera capabilities, the iPhone 16 Pro is positioned as a compelling upgrade for both new and existing iPhone users.

Alibaba Invests Heavily in Artificial Intelligence Infrastructure

Alibaba Group Holding Ltd.'s latest deep learning model has generated significant excitement among investors and analysts, with its claims of performing similarly to DeepSeek using a fraction of the data required. The company's growing prowess in AI is being driven by China's push to support technological innovation and consumption. Alibaba's commitment to investing over 380 billion yuan ($52 billion) in AI infrastructure over the next three years has been hailed as a major step forward.

Goldman Sachs Raises Emerging Markets' Target on AI-Driven China Rally

Goldman Sachs has raised its 12-month target price for emerging markets stocks, projecting that the AI-powered rally in Chinese equities could boost other markets as well. The brokerage's MSCI Emerging Markets Index target was increased by 3%, reaching 1,220, indicating an 11% potential upside from current levels. Goldman Sachs attributes this increase to its adjustment of its MSCI China target, driven by the impact of AI adoption on valuations through earnings, multiples, and portfolio flows.

Trump Plans Executive Order to Strengthen US Shipbuilding, Blunt China Domination

The U.S. plans to reduce China's grip on the $150 billion global ocean shipping industry through a combination of fees on imports and tax credits for domestic shipbuilding. President Donald Trump is drafting an executive order to establish a Maritime Security Trust Fund as a dedicated funding source for shipbuilding incentives. The initiative aims to strengthen the maritime industrial base and replenish American maritime capacity and power.

Best VPN Routers of 2025

A handful of top VPN providers have teamed up with router manufacturers to provide users with hardware that has their VPN already installed. This setup streamlines the process of setting up a VPN environment via the router, which covers devices connected to it without needing individual software installation. By choosing a VPN-ready router, home security and privacy are significantly enhanced online.

Aussie Fashion Retailer Collapses Amid Cost-of-Living Crisis

Ally Fashion has shut down nearly a third of its stores across the country, with 250 jobs lost. The closures mean 51 retail stores have ceased operating, including 19 in Queensland, 11 in New South Wales, eight in Victoria, seven in South Australia and six in Western Australia. Following an urgent assessment by liquidators, the business will continue to operate in the short term while exploring options for restructuring or sale.

Al Green: Black Democrats Rally Round Trump-Heckling Congressman as He Faces Censure

The Democratic Party is rallying around 77-year-old Al Green, who faced censure for disrupting President Donald Trump's chamber address on Tuesday. Despite being ejected from Congress, Green's fellow Democrats argue that his actions were a legitimate act of protest and a sign that there are still those who will stand up to the president. The backlash against Green is part of a broader effort by Democrats to counter the president's policy blitz and maintain their own message in the face of Republican control of the White House.

Our First Look at Apple’s Sky Blue MacBook Air

Apple has unveiled its latest MacBook Air featuring a new sky blue color option, while largely maintaining the design and features of last year's model. The refreshed MacBook Air, powered by the M4 chip, introduces enhancements such as a 12-megapixel Center Stage webcam and the ability to connect two external monitors, alongside a price reduction to $999 for the 13-inch model. While the new color may not be strikingly different, the overall upgrades and lower starting price mark a notable shift for Apple in the competitive laptop market.

Exclusive: After Trump's Tariffs, Mexico Seeks Asian and European Crude Oil Buyers

Mexican state oil company Pemex is actively engaging with potential buyers in Asia and Europe as it seeks to redirect its crude oil exports following the imposition of 25% tariffs by the U.S. government. Historically reliant on U.S. markets, Pemex's exports have faced a significant slump, with a 44% year-on-year decline in January, prompting a strategic pivot toward non-U.S. markets like China and India. Despite the higher shipping costs and challenges posed by the aging domestic refining infrastructure, there is optimism about the appetite for Mexican crude in these new markets.

After Trump's Tariffs, Mexico Seeks Asian and European Crude Oil Buyers

Mexican state oil company Pemex is actively pursuing new buyers in Asia and Europe in response to the 25% tariffs imposed by U.S. President Donald Trump on Mexican crude oil imports. With exports to the U.S. plummeting to the lowest levels in decades, Pemex is exploring alternative markets, particularly in China, India, and South Korea, where there is a growing appetite for heavy crude. Despite potential challenges such as higher shipping costs, Pemex remains firm on maintaining current pricing strategies without discounts to retain U.S. clients.

New Zealand Sacks Ambassador to UK over History Comments

New Zealand's decision to sack its ambassador to the United Kingdom, Phil Goff, follows comments he made questioning US President Donald Trump's grasp of history. The comments were seen as critical of Trump's handling of Russia relations and contrasted with Winston Churchill's wartime leadership against Nazi Germany. The move highlights the tensions between diplomatic protocol and personal opinions in high-level foreign service positions.

Jim Cramer Says NVIDIA Corporation (NVDA)’s Products Are ‘Too Good, Too Indispensable’

Jim Cramer has highlighted NVIDIA Corporation as a standout stock, emphasizing that its products are becoming essential in the technology landscape. In his analysis, he discusses typical market pullbacks and the impact of Federal Reserve policies on stock prices, urging investors not to panic despite common fears of market downturns. Cramer’s insights suggest that, while stock prices can be influenced by a variety of factors, NVIDIA's innovative products position it favorably in a competitive market.

The Oppo Pad 4 Pro's Charging Speed May Be Slower Than Expected

The latest updates on the upcoming Oppo Pad 4 Pro suggest that its charging speed may be slower than initially reported, with a new document revealed on the 3C database indicating support for only 80W SUPERVOOC fast wired charging. This is a downgrade from the rumored 100W fast charging and may impact user expectations for the device's performance. Oppo's decision to stick with 80W fast charging seems consistent with its approach for some of its flagship devices this year.

Trump's Deals Mean a Fast Pace with Few Concerns About Risks

The US president has been making bold moves in foreign policy, negotiating with Hamas and imposing tariffs on Canada and Mexico, while critics argue that his unconventional approach is reckless and lacks concern for the potential consequences. Trump's actions have left America's European allies rattled and raised questions about the long-term implications of his policies. The situation highlights the growing divide between Trump's supporters and critics over the effectiveness and risks of his deal-making style.

Descartes Stands By Annual Growth Target Amid Tariff Uncertainty

Descartes, a supply chain software provider, is maintaining its annual growth target of 10% to 15% adjusted EBITDA despite the ongoing uncertainty surrounding global trade tariffs. The company expects continued growth in demand for its global trade intelligence offering as companies navigate the complex and changing tariff landscape. However, the impact of tariffs on business operations and customer decisions remains uncertain.

US Watchdog Agency Chief Removed After Appeals Court Approves Firing by Trump

The head of the U.S. Office of Special Counsel, Hampton Dellinger, was removed from his position following a federal appeals court ruling that allowed President Donald Trump to terminate him without explanation. This decision comes amidst a broader initiative by Trump to reshape the federal government, which includes controversial firings and agency restructuring. Dellinger's removal raises significant concerns about the implications for whistleblower protections and the independence of federal oversight agencies.

Russian Missile Attack on Ukrainian Hotel Leaves Trail of Destruction and Devastation

A Russian missile attack on a hotel in Ukraine's central city of Kryvyi Rih has left two people dead and 29 injured, many seriously hurt. Emergency personnel worked through the night to rescue those trapped under rubble, with 14 people rescued from the debris. The hotel suffered heavy damage, with smoke billowing from the top floor and virtually all its windows blown out.

Stock Market Today Plummets in Correction

US stocks tanked to session lows on Thursday after more tariff whiplash from the Trump administration, with the Dow Jones Industrial Average falling 1%, or over 400 points, while the S&P 500 dropped nearly 2%. The tech-heavy Nasdaq Composite plummeted more than 2.6% and has now entered correction territory, down more than 10% from its December record high. Trade-war uncertainty has persisted as investors weighed how far President Donald Trump would be willing to negotiate on tariffs.

US to Name Morgan Stanley Banker to Lead Sovereign Wealth Fund

The Commerce Department is appointing Michael Grimes, a former Morgan Stanley banker, as the lead executive for a planned sovereign wealth fund, marking a significant development in President Trump's efforts to create a US-based investment vehicle for national security projects. The fund, which remains in its early stages, would aim to promote American investments in key sectors such as critical minerals, rare earths, and defense technology. Grimes' appointment underscores the administration's commitment to leveraging private sector expertise to drive strategic investments.

EU Leaders to Back Defence Surge, Support Zelenskiy After US Aid Freeze

European leaders are set to endorse significant increases in defence spending and express unwavering support for Ukraine at an upcoming summit, following concerns over U.S. military aid under Donald Trump's administration. The meeting will feature Ukrainian President Volodymyr Zelenskiy, although Hungary's potential veto could complicate the endorsement of a joint statement supporting Kyiv. This shift in European defence strategy is driven by heightened fears of Russian aggression and a desire for greater autonomy in security matters amid uncertainty about U.S. commitments.

China’s Government Hacks US Organizations for Financial Gain

The Department of Justice has criminally charged 12 Chinese nationals for their involvement in hacking over 100 US organizations, including the Treasury, with the goal of selling stolen data to China's government and other entities. The hackers used various tactics, including exploiting email inboxes and managing software, to gain access to sensitive information. China's government allegedly paid "handsomely" for the stolen data.

US House Starts Reprimand of Democrat Al Green for Disrupting Trump Speech

The U.S. House of Representatives has initiated censure proceedings against Democrat Al Green following his outburst during President Trump's address, where he criticized the president's stance on Medicaid funding. Green, a long-serving Texas representative, faced removal from the chamber as he protested, making a case against Trump's electoral mandate while being drowned out by Republican jeers. This incident highlights a growing trend of public reprimands in Congress, raising questions about decorum and the limits of acceptable dissent in legislative settings.

ECB To Cut Rates Again As Trade Wars, Defence Cloud The Outlook

The European Central Bank (ECB) is anticipated to lower interest rates by 25 basis points to 2.5% as it navigates a turbulent economic landscape marked by trade wars and increased defense spending. This decision represents a crucial moment for the ECB, as policymakers face growing divisions over future monetary support amid rapidly changing economic conditions. While the current cut may be seen as straightforward, the complexities of the geopolitical climate and internal disagreements suggest that the path ahead will be anything but simple.

Boeing Needs to Change Its Insular Culture, CEO Says in Company-Wide Meeting

Boeing CEO Kelly Ortberg emphasized the necessity of fostering a more open culture within the company, encouraging employees to communicate across divisions to enhance collaboration. He noted that the current insular nature of teams has hindered the company's performance and morale, particularly following significant financial losses and production challenges. Ortberg's call for cultural change is backed by employee feedback and aims to restore Boeing's iconic status and operational effectiveness.