Best Picture Spotlight: Which Film will win Big at 2023’s Oscars?
Ten nominees are vying for one of filmmaking’s top honors — but what are their strengths and weaknesses? Find out. Stars from across the filmmaking world are gathering this weekend in the United States for the 95th annual Academy Awards ceremony, one of the most prestigious events in the cinema world. But the high point […]
Hyundai Reviews Russia Plant After Sales Reports in Kazakhstan
South Korean automaker says it is considering ‘various options’ for the Saint Petersburg factory. Hyundai Motor says it is considering “various options” for its suspended factory in Russia, following a report that the South Korean automaker is discussing the plant’s sale to a Kazakhstan company. Hyundai, South Korea’s third-largest conglomerate, said on Friday it had […]
Google’s Plan to Catch ChatGPT is to Stuff AI into Everything
A new internal directive requires “generative artificial intelligence” to be incorporated into all of its biggest products within months. Artificial intelligence was supposed to be Google’s thing. The company has cultivated a reputation for making long-term bets on all kinds of far-off technologies, and much of the research underpinning the current wave of AI-powered chatbots took […]
Haris Credits Babar for His Success as Pakistan Mainstay
KARACHI: Running and bowling at a raw pace was never a problem for Haris Rauf. After all, he had done it all his life with the ribbon ball and replicated the skill in the trials of the HBL Pakistan Super League franchise Lahore Qalandars. But after proving his worth as a product of Qalandars at […]
iPhone Maker Plans $700 Million India Plant in Shift from China
Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production, people familiar with the matter said, underscoring an accelerating shift of manufacturing away from China as Washington-Beijing tensions grow. The Taiwanese company, also known for its flagship unit Hon Hai Precision Industry […]
Taiwan Sees Second Chinese Air Incursion as US Agrees Arms Sale
Seventeen Chinese J-10 combat planes and four advanced Shenyang J-16 fighters entered Taiwan’s air defense zone just as the US announced a potential $619m weapons sale. Taiwan has reported a large-scale Chinese air force incursion into its air defense zone for a second day running, just as the United States approved the potential sale of […]
Tata Group’s Talks Over $1 Billion Bisleri Stake Stall
Tata Group’s talks for a majority stake in Bisleri International Pvt, one of India’s largest bottled water makers, have stalled overvaluation, according to people familiar with the matter. The Indian conglomerate had been in advanced discussions to take control of Bisleri and the parties were working on finalizing the structure of a transaction, the people […]
A $19 Billion Derivative Bond Trade in India Will Unwind with Modi’s New Tax
A derivative trade that boosted demand for India’s sovereign bonds by billions is at risk from a proposed tax, piling pressure on a market straining under record government borrowings. Analysts say a New Delhi plan to tax high-value insurance policies will reduce demand, leading the industry to cut back on bond investments. For the past […]
Israel and Palestinians Pledge to Reduce Violence
The Israeli government and the Palestinian Authority have announced a joint commitment to take immediate steps to end a surge in violence. The move has emerged from rare talks in Jordan, also attended by US and Egyptian officials. The meeting agreed to support confidence-building steps and “to work towards a just and lasting peace”. As […]
South Africa Added to FATF ‘Grey List’ Despite Designation of Crypto as a Financial Product
In a move seen as a major setback for South Africa, the international financial watchdog, the Financial Action Task Force, announced on Feb. 24 that it had added the country to its “grey list.” Getting grey-listed by the financial watchdog potentially makes it difficult for South Africa to obtain loans from foreign banks. A Setback […]