Page 126 - Bloomberg/workspace/business Standard Web/video

'Couldn't care less' if automakers raise prices due to tariffs, says Trump

Tariffs will hit a $240 billion trade route, with imported cars and light trucks accounting for about half of the roughly 16 million vehicles sold in the US last year

Samsung's AI-powered fridges can find misplaced phones, adjust aircons

The latest Bespoke AI-powered refrigerator lineup features a 9-inch home screen that allows users to simply say, 'Hi Bixby, find my phone'

Musk loses bid to block investor lawsuit over Twitter stock manipulation

A Manhattan federal judge on Friday said investors can move forward with claims that Musk committed securities fraud by failing to make timely disclosures to the US Securities and Exchange Commission

Quantum experiment generated truly random numbers: JPMorgan Chase

JPMorgan has made a push in that field in the last six years, enticed by promising applications in finance, artificial intelligence, optimization, and cryptography

SoftBank planning to invest $1 trillion for AI effort in US: Report

The factories would likely use AI-equipped robots that would operate autonomously because of labor shortages in the country, according to the report

US President Trump's 25% tariff hands the car industry keys to China

By smashing up the links holding the delicate non-Chinese supply chain together, Mr Trump is guaranteeing a future where Beijing rules the road

EU plans concessions for Trump administration after reciprocal tariffs hit

EU officials were told at meetings this week in Washington that there was no way to avoid new auto and so-called reciprocal tariffs that Trump is launching next week

Law to finance: Companies in a fix as applicants game job market with AI

More than 80 per cent of companies use AI somewhere in hiring, and one in four use it for the entire recruitment process

Turkey's jailed mayor Ekrem Imamoglu criticises West for 'silence'

Imamoglu, the mayor of Istanbul, said the lack of international condemnation of Erdogan is helping ensure Turkey's shift toward authoritarianism

Putin smells blood in the water on US backed Black Sea ceasefire deal

Putin knows Ukraine will find it extraordinarily difficult to agree to its conditions, and that a refusal makes it likely the US will again suspend arms shipments and intelligence sharing in punishmen

Centre 'bars' oil tanker carrying Russian crude over documentation lapse

The Honduran-flagged Andaman Skies, built in 2004, loaded 767,000 barrels at Murmansk on Feb. 24, and was due to discharge at Vadinar on March 30

India's heat waves drive air conditioner sales, defying consumer slowdown

Blue Star Ltd. expects as much as 30 per cent growth over the summer, with a significant increase in sales in smaller cities, Managing Director B Thiagarajan said

Decades of AIDS vax research imperiled by Trump's withdrawal of US funding

The US cut HIV vaccine funding, forcing IAVI to halt work and lay off staff, while the South African Medical Research Council will receive only $9 mn of its planned $45 mn for multi-country trials

Donald Trump directs Smithsonian sites to scrub content on race, gender

Trump in his second term has targeted diversity, equity and inclusion initiatives in the government and private sector, as well as at cultural institutions

Alibaba unveils new AI model in Qwen series for multimodal processing

Alibaba said in a statement that its new Qwen2.5-Omni-7B system demonstrated particularly high performance in speech understanding and generation

OpenAI close to finalising $40 bn SoftBank-led funding at $300 bn valuation

The deal is set to value the company at $300 billion including dollars raised - almost double the ChatGPT maker's previous valuation of $157 billion from when it raised money in October

Venezuela increases oil exports to China as US secondary tariff tightens

Venezuela's oil industry is facing its biggest threat since the first Trump administration essentially banned US imports of oil from the country in 2019

US seeks control over Ukraine investments, sidelining European allies

If accepted, the partnership agreement would bestow enormous power on the US to control investments into Ukraine in projects including roads and railways, ports, mines, oil and gas

Porsche, Mercedes face $3.7 bn hit from Trump tariffs on imported cars

Trump's additional 25 per cent duties, to be collected from April 3, could wipe out around a quarter of Porsche and Mercedes' projected 2026 operating earnings

RBI to meet bankers next week to discuss changes in liquidity framework

Reserve Bank of India is scheduled to meet bank economists on April 3 to take feedback on proposed revisions