Page 29 - Us

2 victims of the deadly Maui wildfire identified, death toll rises to 106

Follow live updates about wildfires that have devastated parts of Maui in Hawaii, killing dozens of people and destroying the historic town of Lahaina. The wildfires are the deadliest in the US in more than a century. The cause was under investigation. Even where the fires have retreated, authorities have warned that toxic byproducts may remain, including in drinking water, after the flames spewed poisonous fumes. 2 VICTIMS OF LAHAINA WILDFIRE IDENTIFIED AS THE DEATH TOLL RISES TO 106 Maui County released the names of two people killed in the wildfire that all but incinerated the historic town of Lahaina Tuesday evening, as the death toll rose to 106. A mobile morgue unit arrived on Tuesday to help Hawaii officials working painstakingly to identify remains, as teams intensified the search for more dead in neighbourhoods reduced to ash. The US Department of Health and Human Services deployed a team of coroners, pathologists and technicians along with exam tables, X-ray units and oth

M&M unveils new range of small tractors; eyes doubling tractor exports

Auto major Mahindra & Mahindra on Tuesday unveiled a new range of small-sized tractors targeting new geographies as it aims to treble its tractor exports in the next three years, according to a top company official. The Mumbai-based auto major, which is the world's largest tractor maker by volume terms, exported around 18,000 tractors last fiscal. The company said it has invested Rs 1,200 crore on developing the OJA platform which consists of four platforms that could churn out 40 different trims in the 20-70 hp power output. The company aims to cater to the needs of farmers with small land parcels, especially in India, US and ASEAN region with the new range. Mahindra & Mahindra President Farm Equipment Sector Hemant Sikka said the OJA brand would help in enhancing the company's share in the market while helping it enter new markets. "We are looking to double our export volume in three years. One of the major enablers for achieving the target would be the OJA tractors which ..

US recognises India's enormous intellectual capital: Policy expert Sowle

America recognises India's enormous intellectual capital, and integrating India with the manufacturing ecosystem in core sectors like semiconductor will be key, according to policy thinktank founder Guruprasad Sowle. He said that the US is no longer looking at India only as a destination for services. Sowle, who heads Indus International Research Foundation (IIRF), had met Prime Minister Narendra Modi during his state visit to the US in June. "Even if it means transfer of technology from US to India, gradually that will happen because there are certain technologies that America was not really forthcoming in terms of sharing but after this visit by the Prime Minister, there is a considerable shift towards manufacturing in India," Sowle said. He noted that there was a paradigm shift where the US is no longer seeing India only as a destination for services. "They are seeing India to step up in core sectors, especially aerospace and defence, automotive, healthcare, artificial intellig

Uncovered! A plot laid out for Donald Trump to overturn Biden's win

Trump may be on trial in 2024 in three or four separate criminal cases, but so far the indictments appear not to have affected his standing with Republican voters

Powerful storm kills 2 people, leaves 1.1 mn without power in eastern US

At least two people died, thousands of U.S. flights were canceled or delayed, and more than 1.1 million homes and businesses lost power Monday as severe storms, including hail and lightning, moved through the eastern U.S. The National Weather Service issued a tornado watch for the greater D.C. area, lasting until 9 p.m. A special Weather Service statement warned, There is a significant threat for damaging and locally destructive hurricane-force winds, along with the potential for large hail and tornadoes, even strong tornadoes. The storms' spread was massive, with tornado watches and warnings posted across 10 states from Tennessee to New York. The National Weather Service said more than 29.5 million people were under a tornado watch Monday afternoon. In Anderson, South Carolina, a 15-year-old boy who arrived at his grandparent's house during the storm was struck and killed when a tree fell on him as he got out of a car, according to the Anderson County Office of the Coroner. In ...

Moody's cuts 10 US banks on back of mounting funding costs, office exposure

"Collectively, these three developments have lowered the credit profile of a number of US banks, though not all banks equally," it wrote in some of the assessments

Pak shelves multi-billion-dollar gas project with Iran under US pressure

Pakistan has temporarily shelved the multi-billion dollar gas pipeline project to import cheap energy from neighbouring Iran, apparently under pressure from the US which has imposed sanctions against Tehran over its nuclear programme, according to a media report on Monday. The development comes as Pakistan struggles to put its cash-strapped economy in order with the help of the International Monetary Fund, which agreed to provide USD 3 billion in loan. The project was initially conceived as an India-Pakistan-Iran gas pipeline, but later, India left it and became a bilateral project between Pakistan and Iran. The sanctions imposed by the US on Iran over its nuclear programme have deterred Pakistan from constructing the pipeline. The Dawn newspaper reported that Pakistan had issued a notice of Force Majeure and Excusing Event' to Iran to suspend its contractual obligation on completion of the multi-billion-dollar Iran-Pakistan (IP) gas pipeline project because of external factors ...

Fitch Ratings downgrades US: A stern criticism of political standoffs

The Fed raised interest rates by 25 bps in March, May, and July 2023. Fitch expects one more hike to 5.5 per cent-5.75 per cent by September

The current rally in US technology is only recouping the losses of 2022

One should not invest in the latest fad within the US technology sector, but trying to capture longer-term trends towards digitisation can pay off for Indian investors, said Rajeev Thakkar

GlobalFoundries on the lookout for local partners to set up India chip fab

It could take a couple of years before any concrete plans are finalised for the chip fabrication unit

Joe Biden, Donald Trump neck-and-neck in possible rematch, finds poll

Biden appears to have escaped the political danger zone he resided in last year, when nearly two-thirds of his party wanted a different nominee

Crushing it: Donald Trump leads Republican presidential nominee race

Trump led DeSantis 54 percent to 17 per cent. No other candidate topped 3 per cent support in the poll

Support for Niger at risk as military takeover threatens stability: Blinken

Political instability in Niger resulting from a military takeover that deposed the president this week threatens the economic support provided by Washington to the African nation, US Secretary of State Anthony Blinken said on Saturday. Members of the Niger military announced on Wednesday they had deposed democratically elected President Mohamed Bazoum and on Friday named Gen. Abdourahmane Tchiani as the country's new leader, adding Niger to a growing list of military regimes in West Africa's Sahel region. Blinken, who is in Australia as part of a Pacific tour, said the continued security and economic arrangements that Niger has with the US hinged on the release of Bazoum and the immediate restoration of the democratic order in Niger. Our economic and security partnership with Niger which is significant, hundreds of millions of dollars depends on the continuation of the democratic governance and constitutional order that has been disrupted by the actions in the last few days, Blink

US, Australia to cooperate with India to ensure security of Indo-Pacific

During the meeting, the two countries reaffirmed their commitment to enhancing interoperability with the militaries of the Pacific through a range of exercises

FTC readies antitrust lawsuit against Amazon that could break up company

The wide-ranging lawsuit is expected as soon as August and will likely challenge a host of Amazon's business practices, the report said

'There is only one Robert'

Oppenheimer covers the peak period of Oppie's life, from his student days in the 1920s until a kangaroo-court hearing that denied him a security clearance in 1951

Judge sets trial date for next May in Trump's classified documents case

A federal judge in Florida has set a trial date for next May for former President Donald Trump in a case charging him with illegally retaining hundreds of classified documents. The May 20, 2024, trial date is a compromise between a request from prosecutors to set the trial for this December and a request from defense lawyers to schedule it after the 2024 presidential election.

No loss to India on removal of customs duties on 8 US products: Minister

The removal of retaliatory customs duties on eight American products, including apples, walnuts, and lentils, will not result in a loss to the country, Parliament was informed on Friday. India had imposed these duties on 28 US products in retaliation to America's move to increase import duty on certain steel and aluminium goods. During Prime Minister Narendra Modi's recent visit to Washington, both sides decided to resolve six trade disputes at the World Trade Organisation. India also agreed to remove the duties. The government has decided to remove retaliatory customs duties on import of almonds (fresh or dried, in shell), walnuts, chickpeas, lentils, apples, medical diagnostic reagents, and boric acid, Minister of State for Commerce and Industry Anupriya Patel said in a written reply to the Rajya Sabha. "The removal of retaliatory tariffs or cuts in import duty with the US does not result in a loss to India," she said. "It simply means that the additional duties imposed as a ...

Amazon, Meta among firms to unveil AI safeguards after Biden's warning

Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology have agreed to meet a set of AI safeguards brokered by President Joe Biden's administration. The White House said Friday that it has secured voluntary commitments from seven U.S. companies meant to ensure their AI products are safe before they release them. Some of the commitments call for third-party oversight of the workings of commercial AI systems, though they don't detail who will audit the technology or hold the companies accountable. A surge of commercial investment in generative AI tools that can write convincingly human-like text and churn out new images and other media has brought public fascination as well as concern about their ability to trick people and spread disinformation, among other dangers. The four tech giants, along with ChatGPT-maker OpenAI and startups Anthropic and Inflection, have committed to security testing carried out in part by ...

Fiat loses case as court allows Mahindra to sell Jeep's copy in US

The court denied Fiat's request to apply the "safe distance rule" on Roxor