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Topic: Science (3001)

Mercedes-Benz to Cut Headcount, Lower Pay Increases Amid Cost-Cutting Drive Δ1.51

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.

Trump's Crypto Reserve Plan Boosts Bitcoin Price, Standard Chartered Reaffirms $500,000 Target Δ1.52

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 Δ1.54

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'. Δ1.53

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.

Dutch Startup QuantWare Seeks to Fast-Track Quantum Computing. Δ1.54

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. Δ1.51

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.

India's North-South Divide Over Modi's Plan to Redraw Constituencies Δ1.51

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. Δ1.67

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. Δ1.54

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.

Japan's Nikkei Slides as US Tariffs, Stronger Yen Unsettle Market. Δ1.53

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. Δ1.53

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. Δ1.50

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. Δ1.51

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. Δ1.56

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. Δ1.52

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 Δ1.50

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. Δ1.55

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.

How a Key Ingredient in Coca-Cola, M&M's Is Smuggled From War-Torn Sudan. Δ1.54

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.

Exclusive: Russian Missile Experts Flew to Iran Amid Clashes with Israel. Δ1.53

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.

Gold Eases as Investors Exercise Caution on Trump Tariffs. Δ1.52

Gold prices experienced a slight decline as investors anticipated the economic repercussions of newly imposed tariffs by U.S. President Donald Trump on Canada, Mexico, and China. The introduction of these tariffs has created uncertainty in global trade relations, contributing to fluctuations in gold prices while simultaneously driving safe-haven investment in bullion. Market analysts predict that the ongoing trade conflicts and inflation concerns may influence the Federal Reserve's monetary policy, affecting gold's appeal as a non-yielding asset.

China Imposes Tariffs on Major US Farm Exports. Δ1.50

China has announced the imposition of additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, which will take effect from March 10. The tariffs follow a series of trade actions taken by the U.S. against China, including a recent increase in tariffs on Chinese products to 20%. The move is part of a broader effort by China to restrict imports of American farm products and diversify its sources.

China to Impose Extra Tariffs of 10%-15% on Various US Farm Products Δ1.53

China has announced a retaliatory measure against recent U.S. tariffs, implementing 10%-15% increases on imports of several American agricultural products while also targeting 25 U.S. firms with export restrictions. This development raises concerns for U.S. farmers as they approach critical planting decisions, amid fears that China's dependency on U.S. crops will shift further towards suppliers like Brazil. The situation highlights the ongoing trade tensions and the complexities of international agricultural markets, particularly in light of China's strategic moves to bolster its domestic supply chains.

China's Countermeasures Spark Market Uncertainty. Δ1.54

China has swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products, and placing twenty-five U.S. firms under export and investment restrictions. The move aims to deescalate tensions by limiting the impact on its domestic market, but raises concerns about the potential for a prolonged trade war. As the situation unfolds, market participants are left wondering how long China will resist further escalation.

CoreWeave Files for 2025's First Big Tech IPO — and Reveals It Gets More Than Half Its $1 Billion in Revenue From Microsoft Δ1.51

CoreWeave, an AI cloud provider backed by Nvidia, has filed its initial public offering (IPO) prospectus, revealing surging revenue that is largely driven by a single customer, Microsoft. The company's top line has grown by over 700% in the most recent year, with just two customers accounting for 77% of that revenue. Despite this growth, CoreWeave has also reported significant financial losses and "material weaknesses" in its internal financial reporting and IT systems.

DeepSeek's Progress Shows Rise of China's AI Companies, Says Chinese Official. Δ1.58

The advancements made by DeepSeek highlight the increasing prominence of Chinese firms within the artificial intelligence sector, as noted by a spokesperson for China's parliament. Lou Qinjian praised DeepSeek's achievements, emphasizing their open-source approach and contributions to global AI applications, reflecting China's innovative capabilities. Despite facing challenges abroad, including bans in some nations, DeepSeek's technology continues to gain traction within China, indicating a robust domestic support for AI development.

China Imposes Extra Tariffs on Various U.S. Products From March 10 Δ1.52

China has announced it will implement additional tariffs ranging from 10% to 15% on selected U.S. imports starting March 10, as indicated by the Chinese finance ministry. This move is likely a response to ongoing trade tensions and reflects the shifting dynamics in U.S.-China economic relations. The tariffs could further complicate the already strained trade landscape, potentially impacting businesses and consumers on both sides.

Raspberry Pi Compute Module 4 Gets Rugged Upgrades. Δ1.56

The new Compute Module 4 variants from Raspberry Pi have expanded its capabilities to tackle extreme environments. The latest updates are designed to meet the growing demand for industrial applications, where devices must operate in harsh conditions. With a wider temperature range, these modules will find their way into unique and interesting projects.

Kremlin Signals Russia-US Talks on Ukraine Not Immediate. Δ1.52

The Kremlin has signaled that the next round of Russia-U.S. talks on ending the war in Ukraine is unlikely to happen before the embassies of both countries resume normal operations, amid ongoing tensions between the two nations. The delay is partly due to concerns over U.S. President Donald Trump's stance on military aid to Ukraine and his administration's willingness to engage in dialogue with Russia. Meanwhile, Kyiv remains wary of Moscow's intentions, citing past betrayals by Russian leaders.

'Impossible' For US to Give Up Indo-Pacific, Taiwan Defence Minister Says Δ1.52

Taiwan's Defence Minister Wellington Koo has emphasized that the United States cannot abandon the Indo-Pacific region, asserting its significance as a "core national interest." Amid rising military pressure from China, Koo expressed concerns regarding U.S. security commitments to Taiwan, highlighting the necessity for deterrence to maintain regional stability. The relationship between Taiwan and the U.S. remains crucial, as Taiwan relies heavily on American support despite the absence of formal diplomatic ties.

Stocks and Bond Yields Slip as Trump Tariffs Ignite New Trade Conflicts Δ1.55

Stocks and bond yields slid on Tuesday as investors globally ducked for cover after the United States hit Canada, Mexico, and China with steep tariffs, launching new trade conflicts with the top three U.S. trading partners. European stocks fell 1.3%, losing ground from their record highs, while automakers lost 4.3% and government bond yields dropped. The Australian dollar fell to a one-month low, and investors were concerned about the fallout for the U.S. economy as well.

US Reviews Columbia University Contracts, Grants over Antisemitism Allegations Δ1.59

The U.S. Department of Justice has launched an investigation into Columbia University's handling of alleged antisemitism, citing the university's actions as "inaction" in addressing rising hate crimes and protests. The review, led by the Federal Government's Task Force to Combat Anti-Semitism, aims to ensure compliance with federal regulations and laws prohibiting discriminatory practices. The investigation follows allegations of antisemitism, Islamophobia, and anti-Arab bias on campus.

China to Publish Policy to Boost RISC-V Chip Use Nationwide, Sources Say Δ1.56

China plans to issue guidance to encourage the use of open-source RISC-V chips nationwide for the first time, two sources briefed on the matter said, as Beijing accelerates efforts to curb the country's dependence on Western-owned technology. The policy guidance is being drafted jointly by eight government bodies and could be released soon. Chinese chip design firms have eagerly embraced RISC-V, seeing its lower costs as a major attraction.

India's Nifty Posts Longest Losing Run on Escalating Global Trade Conflict Δ1.52

India's Nifty 50 index has recorded its longest losing streak in three decades, driven by escalating global trade tensions following the implementation of tariffs by U.S. President Donald Trump. The index has fallen approximately 4% over the last ten sessions, reflecting broader concerns about potential harm to global growth and increased inflation in the U.S. The ongoing situation has created significant uncertainty in Indian markets, particularly affecting sectors reliant on exports.

Tencent's AI Dominance Sweeps China's iPhone Market Δ1.54

Tencent Holdings Ltd.'s Yuanbao AI chatbot has surpassed DeepSeek to become the most downloaded iPhone app in China, highlighting the intensifying domestic competition in the AI space. The company's integration of its in-house Hunyuan artificial intelligence tech with R1 reasoning model from DeepSeek has given it a significant edge. This move marks a turning point for the Chinese tech giant as it seeks to ramp up its presence in the rapidly growing AI user base.

Click Frenzy 2025 Is a Major Sale Event. Δ1.53

Click Frenzy 2025 offers some compelling deals on high-end brands like JBL and Dyson, with discounts on gaming headsets, wireless earbuds, and smart hair dryers that cater to both entry-level and high-end enthusiasts. These products are not only competitively priced but also come with advanced features that make them stand out in their respective categories. The sale event promises to bring great savings on a wide range of electronics and accessories.

Over 1,000 Protest NOAA Scientist Layoffs in Colorado. Δ1.59

More than 1,000 demonstrators gathered in Boulder, Colorado, to protest the Trump administration's recent layoffs of NOAA scientists, which they argue threaten the accuracy of critical weather forecasts and warnings. Former Congressman David Skaggs, who organized the protest, emphasized the need for a bipartisan commitment to defend scientific integrity amid significant cuts to federal agencies. Protesters voiced concerns that the abrupt dismissal of NOAA employees could hinder the agency's mission and deter future talent from pursuing careers in public service.

How Major Bank Rolls Out Multi-Layered Security for Millions of Customers. Δ1.53

Commonwealth Bank is introducing a new layer of security to its internet banking, requiring millions of customers to approve each login attempt via the app. The bank claims this will make it harder for fraudsters to access customer accounts. However, critics argue that the added complexity may push some users away from mobile banking altogether.

China Hits US Agriculture with Retaliatory Tariffs and Export Controls Δ1.53

China slapped 10%-15% retaliatory levies on US agriculture exports, affecting about $21 billion in US exports, including chicken, wheat, corn, and soybeans. Beijing also clamped export and investment controls on 25 US firms, citing national security concerns. The latest move by China comes as the US imposed new tariffs on Chinese goods, escalating tensions between the two countries.

Oscars Viewership Drops 7% From Last Year Δ1.55

The audience for the Oscars telecast fell to 18.1 million U.S. viewers on television and streaming, a 7% decline from last year's ceremony, when 19.5 million people watched "Oppenheimer" take best picture. This year's show also saw a rise in viewership among adults under 50, with a 3% increase from last year. Despite some technical issues, comedian Conan O'Brien was well-received as the host of this year's ceremony.

US Health Agency Offers Early Retirement Amid Downsizing Efforts Δ1.51

The U.S. Department of Health and Human Services has informed employees that they can apply for early retirement over the next 10 days as part of a broader effort to downsize the federal bureaucracy. This move is led by President Donald Trump and billionaire Elon Musk, who oversee the so-called Department of Government Efficiency. The agency's restructuring aims to reduce its workforce and improve operational efficiency.

Opera’s New AI Agent Web Browser Just Reinvented Web Browsing - Here’s 5 Ways It Could Completely Change Your Experience. Δ1.54

Opera's introduction of its AI agent web browser marks a significant shift in how users interact with the internet, allowing the AI to perform tasks such as purchasing tickets and booking hotels on behalf of users. This innovation not only simplifies online shopping and travel planning but also aims to streamline the management of subscriptions and routine tasks, enhancing user convenience. However, as the browser takes on more active roles, it raises questions about the future of user engagement with digital content and the potential loss of manual browsing skills.

Oil Prices Plummet as OPEC+ and US Tariffs Take Effect Δ1.53

OPEC+'s decision to increase oil output and the introduction of U.S. tariffs are driving down oil prices, with Brent futures falling $1.05 or 1.5% to $70.57 a barrel by 1133 GMT. The move is also linked to President Trump's pause on military aid to Ukraine, which may lead to sanctions relief for Russia and more oil supply returning to the market. China has swiftly retaliated with tariffs on US products, adding pressure to the already volatile global energy market.

Tsmc Plans Us Investment Review to Analyze Industry Position Δ1.52

Taiwan's government will carefully evaluate TSMC's planned $100 billion investment in the United States, considering its impact on Taiwan's position in the global chips industry and the country's competitiveness. The review aims to assess whether the investment aligns with Taiwanese interests and enhances the nation's reputation as a leading semiconductor manufacturer. A favorable outcome would bolster Taiwan's economic influence and reinforce its commitment to international cooperation.

Trump's Trade Policies Spark Uncertainty as Global Economy Teeters. Δ1.51

The Goldman Sachs CEO acknowledged the uncertainty surrounding President Trump's economic policies, stating that while the chance of recession in 2025 is small but not zero. Trump has implemented tariffs on goods from Mexico and Canada, aimed at "leveling the playing field," although the end result remains uncertain. The bank's decision to remove diversity and inclusion sections from its annual filing was also influenced by changes pushed by the new U.S. administration.

Trump Administration Cuts May Threaten AI Research Efforts. Δ1.62

The Trump Administration has dismissed several National Science Foundation employees with expertise in artificial intelligence, jeopardizing crucial AI research support provided by the agency. This upheaval, particularly affecting the Directorate for Technology, Innovation, and Partnerships, has led to the postponement and cancellation of critical funding review panels, thereby stalling important AI projects. The decision has drawn sharp criticism from AI experts, including Nobel Laureate Geoffrey Hinton, who voiced concerns over the detrimental impact on scientific institutions.

Democrats Question Pause in Offensive US Cyber Ops Against Russia. Δ1.51

Democratic lawmakers are seeking clarification from the Pentagon regarding its decision to halt offensive cyber operations against Russia amid ongoing diplomatic negotiations concerning the Ukraine conflict. This pause, while not uncommon during sensitive diplomatic efforts, has raised alarms among Democrats who view it as a strategic error that undermines U.S. cybersecurity strength against Moscow. The situation highlights tensions within U.S. foreign policy, particularly regarding the balance between diplomacy and maintaining a robust defensive posture.

SpaceX Postpones Starship Test Flight over Unspecified Ship Issue Δ1.56

SpaceX has called off its eighth Starship test flight from Texas due to an unspecified issue on the rocket system's core, delaying the company's attempt to deploy mock Starlink satellites in space for at least 24 hours. The delay comes after a January mission ended eight minutes into flight when Starship exploded over the Caribbean. The postponement has raised concerns about the stability and reliability of SpaceX's next-generation Starship spacecraft.

Trump Says Japan, China Cannot Keep Reducing Value of Their Currencies Δ1.50

U.S. President Donald Trump has warned Japan and China against continuing to devalue their currencies, claiming that such actions are unfair to American manufacturers. This statement comes amidst escalating trade tensions and the implementation of new tariffs on imports from these countries, which have already caused market fluctuations. Japan's finance officials have denied any intention to weaken the yen, emphasizing their commitment to stable currency policies amidst the pressures from U.S. trade actions.

TSMC Shares Plummet Following $100 Billion US Investment Announcement. Δ1.51

TSMC shares fell 2.25% on Tuesday following the announcement of a $100 billion investment in the United States. The move is seen as a strategic step to expand the company's manufacturing capabilities and increase its presence in the global chip market. TSMC plans to establish new facilities and hire thousands of workers to support the increased production.

Kim Yo Jong Criticizes U.S. for Increased Provocations Δ1.51

North Korea's Kim Yo Jong has accused the Trump administration of escalating "provocations" against the country, which she claims justified North Korea's decision to increase its nuclear deterrent. The criticism comes after the visit of a U.S. aircraft carrier to South Korea, seen as a show of force against North Korea. The situation highlights the ongoing tensions between the two nations, with both sides engaging in rhetorical battles.