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Samsung replaces chip chief with veteran exec Jun as SK Hynix takes AI lead

The move is likely aimed at catching up in the market for top-end chips used in artificial intelligence (AI) such as high bandwidth memory (HBM) chips where Samsung has fallen behind rivals

What's happening in Gaza is not genocide, says Biden as he defends Israel

Biden has faced protests at many of his events around the country from pro-Palestinian advocates who have labeled him Genocide Joe for his steadfast support for Israel

Dell Technologies deepens AI push with new PCs, Nvidia-powered servers

Its AI-capable PCs will come with the Qualcomm Snapdragon X series chips that feature neural processing units(NPUs) dedicated to processing complex AI tasks

Microsoft highlights 'Copilot+' PCs ahead of developer conference

Microsoft showed a feature called "Recall," which will help users find files and other data that they have seen on their PC, even if it was a tab opened in a Web browser

ICC arrest request for Israeli PM Netanyahu is unhelpful, says UK

President Joe Biden on Monday condemned as outrageous an attempt by the chief prosecutor of the world's top war crimes to seek arrest warrants for Israeli leaders

BMW imported 8,000 cars with parts from banned Chinese supplier: US Senate

The report found that Bourns Inc, a California-based auto supplier, had sourced components from Sichuan Jingweida Technology Group

Gold hits record high at $2,438 as Fed rate cut bets burnish appeal

The dollar index remained subdued, making greenback-priced bullion more attractive to buyers holding other currencies

SAIL Q4 results: Net profit falls 3% to Rs 1,126 cr on softer steel prices

The state-owned firm's consolidated net profit for the quarter ended March 31 declined to Rs1,126 crore ($135.22 million) from Rs 1,159 crore a year earlier

Apple slashes iPhone prices in China amid fierce competition from Huawei

The discounting comes as the U.S. tech giant seeks to defend its position in the high-end smartphone market, where it faces increasing competition from local rivals such as Huawei

Google to invest 1 bn euros into Finnish data centre to drive AI growth

In recent years, many data centres have been located in the Nordic countries because of the region's cooler climate, tax breaks and abundant availability of renewable power

Metals, stocks shine amid economic optimism due to slower inflation

Gold climbed more than 1% to a record $2,449.89 an ounce, while three-month copper on the London Metal Exchange surged as much as 4.1% to a historic high of $11,104.50

Iran's supremo approves Mokhber as interim Prez, declares 5 days mourning

Iran now has a maximum period of 50 days before a presidential election must be held to choose Raisi's successor

Who is Mohammad Mokhber, the man set to become Iran's interim president?

Mokhber was part of a team of Iranian officials who visited Moscow in October and agreed to supply surface-to-surface missiles and more drones to Russia's military

AstraZeneca to establish $1.5 billion cancer drug plant in Singapore

The facility, which will be the drugmaker's first end-to-end ADC production site, will be supported by the Singapore Economic Development Board

France unrest: Protestors block New Caledonia roads as police pour in

Road blocks were making it difficult to supply food to stores in several areas and provide secure travel for medical staff, New Caledonia government officials said

China's fuel oil imports surges 10% to 2.93 million MT, highest since 2020

The import volumes included purchases under ordinary trade, which are subject to import duty and consumption tax, as well as imports into bonded storage

Tesla doing damage-control, offers discounts to European fleet buyers

The efforts include unofficial discounts on purchases of new cars if they are in stock and efforts to address widespread service

Russia is China's top oil supplier for 12th month in April, volumes up 30%

Imports from Saudi Arabia, which was last China's biggest supplier in April 2023, were 6.34 million tonnes, or 1.54 million bpd, down 25 per cent from a year earlier

Saudi King to be treated for lung inflammation hours after undergoing tests

Due to King Salman's health issue, Crown Prince Mohammed bin Salman, the de facto Saudi leader, postponed a visit to Japan that had been scheduled to begin on Monday

Oil prices climb amid uncertainty over Iran President Raisi's fate

A helicopter carrying Iranian President Ebrahim Raisi crashed on Sunday, Iranian officials said