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Tue, Mar 11, 2025 05:32 AM All times are UTC

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Shell Report Highlights AI's Role in Global Energy Transition and Carbon Reduction

Feb 15, 2025 12:07 pm UTC| Technology

Artificial intelligence (AI) could significantly reshape global energy demand and boost carbon reduction efforts, according to a new report from Shell Plc (LON:SHEL), initially covered by Bloomberg. The report highlights...

Intel-TSMC Deal Faces Hurdles Amid U.S. Concerns

Feb 15, 2025 10:20 am UTC| Technology Business Politics

The Trump administration may oppose Taiwans TSMC controlling Intels (NASDAQ:INTC) U.S. chip factories, a White House official told Reuters. The comment followed a Bloomberg report that TSMC was considering a controlling...

TSMC Eyes Controlling Stake in Intel's U.S. Factories Amid Trump Pressure

Feb 15, 2025 10:19 am UTC| Technology Business

Taiwan Semiconductor Manufacturing (NYSE:TSM) is considering acquiring a controlling interest in Intels (NASDAQ:INTC) U.S. factories following a request from the Trump administration, according to a Bloomberg report. TSMC...

Taiwan Pledges Stronger U.S. Ties Amid Trump’s Chip Industry Concerns

Feb 15, 2025 08:52 am UTC| Economy Technology Politics

Taiwanese President Lai Ching-te vowed to address former U.S. President Donald Trumps concerns over the semiconductor industry, emphasizing collaboration with the U.S. to strengthen supply chains and boost investment....

Baidu to Open-Source Ernie AI Model Amid Rising Competition

Feb 14, 2025 09:52 am UTC| Technology Business

Baidu (NASDAQ:BIDU) will open-source its next-generation Ernie AI model from June 30, marking a major strategy shift as competition in the AI sector intensifies. The move comes after the rise of DeepSeek, an open-source AI...

Apple to Launch AI Features in China by Mid-2025 Amid Regulatory Challenges

Feb 14, 2025 04:30 am UTC| Technology Business

Apple Inc. (NASDAQ: AAPL) is set to introduce its artificial intelligence features, Apple Intelligence, in China by mid-2025, according to Bloomberg. The company is collaborating with Chinese tech giants Alibaba (NYSE:...

BYD Expands into Lithium Mining with Brazilian Acquisition

Feb 14, 2025 04:30 am UTC| Technology Business

Chinese EV giant BYD (SZ:002594) has acquired mineral rights in Brazil, marking a major step into lithium mining in its largest market outside China. The acquisition, made in late 2023 through its subsidiary Exploracao...

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Economy

Woodside’s Louisiana LNG Project Faces Possible Delay as Partner Talks Continue

Woodside Energy (OTC: WOPEY) may delay its final investment decision (FID) on the Louisiana LNG project to Q2 2025 as negotiations to sell 50% of the project continue, CEO Meg ONeill told Reuters. Initially set for Q1, the...

Yen Rises as Investors Seek Safe Haven Amid U.S. Growth Concerns

The Japanese yen surged to a five-month high on Tuesday as investors sought safety amid growing concerns over a U.S. economic slowdown driven by tariffs. The yen peaked at 146.625 per dollar before settling at 146.85. U.S....

UK Consumer Spending Slows in February Amid Retail Challenges

British consumer spending slowed in February, losing momentum after a strong start to the year, despite growing confidence in personal finances and the broader economy. According to the British Retail Consortium (BRC),...

Australian Business Confidence Falls in February Despite Rate Cut

Australian business confidence declined in February, slipping into negative territory despite recent interest rate relief from the Reserve Bank of Australia (RBA), according to a National Australia Bank (NAB) survey. The...

Japan’s Q4 GDP Growth Revised Down Amid Weak Consumer Spending

Japans economy expanded at a slower pace in Q4 2024 than initially estimated, as sluggish consumer spending offset gains in exports and capital expenditure. Government data released Tuesday showed GDP grew 2.2%...

Politics

Trump Administration Moves to Cut Obamacare Enrollment Period, Tighten Eligibility

The Trump administration plans to shorten the Affordable Care Act (ACA) enrollment period, ending it on December 15one month earlier than the previous deadline. The Centers for Medicare and Medicaid Services (CMS)...

Greenland’s Pivotal Election: Independence, Economy, and Global Interests

Greenland, an autonomous Danish territory, holds a crucial parliamentary election on March 11, with independence dominating the debate. The U.S. has shown strategic interest, with President Trump previously expressing a...

Boeing Under Scrutiny as U.S. Officials Visit 737 MAX Factory Amid Safety Concerns

U.S. Transportation Secretary Sean Duffy will visit Boeings (NYSE: BA) Renton, Washington, factory on Thursday, joined by acting FAA Administrator Chris Rocheleau. The visit follows heightened scrutiny of Boeings safety...

Zelenskiy Meets Saudi Crown Prince as Ukraine Faces Pressure Amid U.S. Policy Shift

Ukrainian President Volodymyr Zelenskiy traveled to Saudi Arabia to meet Crown Prince Mohammed bin Salman, seeking diplomatic support as Kyiv faces growing challenges. The U.S., once Ukraines strongest ally, has shifted...

South Korean Police on High Alert Ahead of Yoon Suk Yeol’s Impeachment Ruling

South Korea is ramping up security ahead of the Constitutional Courts highly anticipated ruling on whether to reinstate or remove impeached President Yoon Suk Yeol. With large-scale protests expected from both supporters...

Science

Leonardo da Vinci’s incredible studies of human anatomy still don’t get the recognition they deserve

Wikimedia, CC BY-SA The mere mention of Leonardo da Vinci evokes genius. We know him as a polymath whose interests spanned astronomy, geology, hydrology, engineering and physics. As a painter, his Mona Lisa and Last Supper...

One of the largest searches for alien life started 30 years ago. Its legacy lives on today

In February 1995, a small research organisation known as the SETI Institute launched what was then the most comprehensive search for an answer to a centuries-old question: are we alone in the universe? This Sunday marks...

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Technology

Oracle Stock Rises as Record Demand Boosts Backlog Despite Q3 Miss

Oracle Corporation (NYSE: ORCL) saw its stock rise 2.2% in after-hours trading on Monday, despite missing Wall Street expectations in its fiscal Q3 results. For the quarter ending Feb. 28, Oracle reported adjusted earnings...

China Expands University Enrollment to Boost AI and STEM Talent

Chinas top universities are increasing undergraduate admissions to meet national strategic needs and advance AI, engineering, and other critical fields. The move aligns with Beijings push to strengthen its STEM talent pool...

Tesla Faces Protests and Vandalism Amid Musk’s Political Ties

Tesla Inc. (NASDAQ: TSLA) is facing protests and vandalism in the U.S. and Europe as public backlash grows over CEO Elon Musks involvement in the Trump administrations Department of Government Efficiency (DOGE)....

Trump Confirms Multiple Bidders for TikTok as Sale Deadline Looms

U.S. President Donald Trump revealed on Sunday that his administration is in discussions with four potential buyers for TikTok, the Chinese-owned social media platform facing a forced sale due to national security...

ServiceNow Nears $3B Deal to Acquire AI Firm Moveworks

ServiceNow Inc. (NYSE: NOW) is reportedly finalizing its largest acquisition yet, aiming to acquire AI-powered workplace assistant provider Moveworks for nearly $3 billion. According to Bloomberg, the deal could be...